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Business Spotlight: Shinola
Business Spotlight Shinola Shinola is a Detroit-based company known for producing high-quality, American-made luxury goods. Founded in 2011, Shinola gained fame for its beautifully crafted
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Sun Holdings Acquires Bar Louie Amid Challenges
News Summary Dallas-based Sun Holdings has acquired casual dining chain Bar Louie following its Chapter 11 bankruptcy filing. This move comes just seven months after
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BUSINESS NEWS
Economic Slowdown Continues in Grand Rapids
Grand Rapids, Michigan, January 13, 2026 Grand Rapids, Michigan’s economy is facing significant challenges as the region grapples with a continued economic slowdown. Key indicators such as employment intentions, production levels,...
Chick-fil-A Opens New Location in Downtown Detroit
Detroit, January 13, 2026 Chick-fil-A has officially opened its first restaurant in downtown Detroit, located in the First National Building. This new location is expected to boost the local economy and...
Urgent Call for Innovation to Preserve Michigan’s $348 Billion Auto Industry
Detroit, Michigan, January 13, 2026 Michigan’s automotive industry, valued at $348 billion, is facing critical challenges due to global competition, investment uncertainty, and rapid technological advancements. With China surpassing Japan in...
Transforming Business with AI: Insights from Detroit Chamber Webinar
Detroit, Michigan, January 13, 2026 The Detroit Regional Chamber’s recent webinar explored how AI is reshaping the local economy, with nearly 90% of organizations implementing AI technologies. Key discussions included the...
Detroit PBS Welcomes New Board Members to Enhance Leadership
Detroit, Michigan, January 13, 2026 Detroit PBS has appointed three new members to its Board of Trustees—Richard Glover, Colleen Allen, and Alexis Wiley—bringing diverse professional expertise. These appointments aim to strengthen...
President Trump’s Visit to Detroit Highlights Economic Issues
Detroit, Michigan, January 13, 2026 President Donald Trump is visiting Detroit, Michigan, to promote U.S. manufacturing, including a tour of a Ford factory. Despite initiatives, Michigan faces economic challenges, with rising...
Detroit’s Historic Dittrich Furs Announces Closure
Detroit, January 12, 2026 Dittrich Furs, Detroit’s oldest privately held business, will close after 132 years in operation. The family-owned furrier is currently holding a retirement liquidation sale with a 70%...
Michigan Seniors Face Social Security Fund Depletion Challenges
Detroit, Michigan, January 12, 2026 The Social Security Old-Age and Survivors Insurance (OASI) Trust Fund is projected to deplete its reserves by 2033, causing alarm for Michigan seniors and local businesses....
General Motors Relocates Headquarters to Hudson’s Detroit
Detroit, Michigan, January 12, 2026 General Motors has moved its global headquarters to the newly constructed Block building at Hudson’s Detroit, symbolizing a pivotal moment in the city’s revitalization. This relocation...