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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
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...
President Trump to Speak at Detroit Economic Club
Detroit, Michigan, January 11, 2026 President Donald Trump is set to address the Detroit Economic Club at the MotorCity Casino Hotel on January 13, 2026. This event marks his third appearance...
Gordon Food Service Tops Michigan’s Private Companies
Grand Rapids, January 10, 2026 Gordon Food Service, based in Grand Rapids, has been named the top private company in Michigan and ranks 12th nationally on Forbes’ list of America’s Top...
Detroit Tigers Cut Ties with FanDuel Sports Network
Detroit, Michigan, January 10, 2026 The Detroit Tigers have officially terminated their television contract with FanDuel Sports Network, amid ongoing financial challenges faced by its parent company. This decision impacts the...
High Winds Cause Power Outages for Over 21,000 DTE Customers in Metro Detroit
Detroit, MI, January 10, 2026 On January 9, 2026, high winds caused extensive power outages affecting over 21,000 DTE Energy customers in Metro Detroit, primarily in Wayne County. The National Weather...
Advocacy for Servers to Receive Minimum Wage with Tips in Detroit
Detroit, January 10, 2026 In Detroit, a coalition of servers and activists is pushing for legislation to ensure that servers earn at least the minimum wage, supported by tips. This initiative...
ITC Michigan’s $600 Million Transmission Line to Boost Energy Grid
Novi, Michigan, January 9, 2026 ITC Michigan has announced a $600 million investment in a high-voltage transmission line that will enhance the electric grid in Michigan. Spanning approximately 55 miles, the...