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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
Nexstar-Tegna Merger: A Game Changer for Local Broadcast Media
Detroit, MI, February 8, 2026 The proposed $6.2 billion merger between Nexstar Media Group and Tegna, backed by President Trump’s endorsement, is expected to reshape the local broadcast media landscape. The...
Consumers Feel Inflation Impact Despite Claims of Victory
Detroit, MI, February 8, 2026 President Trump has announced economic successes against inflation, yet consumers in Detroit and nationwide continue to face rising daily expenses. While inflation rates show stabilization, the...
Bitcoin’s Value Declines Following Trump’s Re-Election
Detroit, MI, February 8, 2026 Bitcoin’s value has dropped significantly in the wake of President Trump’s recent re-election. As of February 8, 2026, Bitcoin is trading at $70,643, witnessing a decline...
Detroit Dealers Grapple with Rising Vehicle Prices Amid Economic Woe
Detroit, Michigan, February 8, 2026 Car dealerships in Detroit are increasingly worried about rising vehicle prices, which stem from supply chain disruptions, increased manufacturing costs, and inflation. This situation is leading...
Elon Musk’s Boring Company Faces Scrutiny Over Vegas Loop
Las Vegas, Nevada, February 7, 2026 The Vegas Loop, an underground tunnel project from Elon Musk’s Boring Company, is under scrutiny from Nevada lawmakers due to escalating safety and environmental concerns....
Stellantis Reports €22.2 Billion Charge Amid EV Strategy Overhaul
Detroit, Michigan, February 7, 2026 Stellantis has announced a substantial €22.2 billion charge as it revises its electric vehicle strategy due to overestimated consumer demand. This financial adjustment includes multi-billion euro...
Dow Jones Surpasses 50,000: New Opportunities in Tech
Detroit MI, February 7, 2026 The Dow Jones Industrial Average has reached a significant milestone by crossing the 50,000 mark, fueled by surging tech stocks, particularly in the AI sector. Investors...
Epique Realty Announces Midwest Regional Power Summit in Detroit
Detroit, Michigan, February 7, 2026 Epique Realty is set to host the Midwest Regional Power Summit in Detroit, gathering real estate professionals from across the Midwest. This summit will feature presentations,...
Michigan’s New 1.4-Gigawatt Data Center Achieves Regulatory Approval
Saline Township, Michigan, February 7, 2026 The Michigan Public Service Commission has approved a $7 billion data center project in Saline Township, supported by OpenAI and Oracle. Spanning 575 acres, the...