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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
The Role of AI in Enhancing Michigan’s Business Landscape
Detroit, Michigan, December 25, 2025 Michigan companies are integrating artificial intelligence (AI) across various sectors, such as automotive, startups, and marketing. While AI offers significant efficiencies, human oversight remains crucial for...
Swift $50 Cash Relief Program Supports Families in Detroit
Detroit, Michigan, December 25, 2025 In response to the federal government shutdown that paused November SNAP benefits, GiveDirectly and Propel app launched a $50 cash relief program. This initiative provided vital...
Mortgage Rate Declines to 6.18% – What It Means for Detroit
Detroit, December 25, 2025 The average rate on a 30-year mortgage in the U.S. has decreased to 6.18%, which bodes well for homeownership in Detroit. This reduction from 6.21% last week...
Former Employee Charged with Embezzling over $215,000 from Detroit Moving Company
Detroit, Michigan, December 25, 2025 A former employee of a Metro Detroit moving service has been charged with embezzling over $215,000. The embezzlement was uncovered during a routine financial audit that...
US Drivers Enjoy Lower Gas Prices This Holiday Season
Detroit, Michigan, December 24, 2025 U.S. drivers are benefiting from the lowest gas prices in years this holiday season, with the national average for unleaded gasoline dropping below $3 per gallon....
Michigan Enforces Anti-Bot Legislation to Protect Event Ticket Buyers
Lansing, December 24, 2025 Michigan has enacted the Event Online Ticket Sales Act, targeting automated bots that hoard event tickets and inflate prices, ensuring fair access for consumers. This legislation empowers...
Detroit Secures Funding for New Affordable Housing Projects
Detroit, December 24, 2025 Detroit has received four Low-Income Housing Tax Credit awards from MSHDA, facilitating the development of nearly 200 new affordable housing units. Key projects include Woodward + Adams,...
The Economic Debate: Strengthening Trade Agreements Over Tariffs in Michigan
Detroit, Michigan, December 24, 2025 In Michigan, there is a pressing call to strengthen trade agreements rather than impose tariffs, as local entrepreneurs face increased costs due to current policies. Surveys...
Instacart Stops Price Testing Following Consumer Concerns
New York, NY, December 23, 2025 Instacart has halted its price testing program after facing significant backlash from consumers regarding pricing transparency. Launched in 2023, the program displayed varying prices for...