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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
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...
James Oliver Coffee Expands with New Downtown Location
Detroit, Michigan, February 7, 2026 James Oliver Coffee is opening a new café in downtown Detroit, marking its third location in less than a year. Set to open in early March,...
Volaris to Boost Travel Connectivity to Detroit
Detroit, February 7, 2026 Volaris, Mexico’s leading ultra-low-cost airline, has announced plans to commence 33 new routes in June 2026, including direct flights to Detroit. This initiative is designed to enhance...
Labor Negotiation Success Prevents Nationwide Strike
Detroit, MI, February 7, 2026 The United Steelworkers union successfully negotiated a new four-year contract with Marathon Petroleum, benefiting approximately 30,000 workers across the nation. The agreement includes a 15% pay...
Gubernatorial Candidates Pledge Education Funding Reform
Detroit, Michigan, February 7, 2026 During the Michigan Education Association forum, gubernatorial candidates committed to reforming K-12 funding to ensure equitable access to quality education for all students. This forum was...