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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
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...
Detroit’s ‘Fail Jail’ Site Transformed into Life Sciences Hub
Detroit, Michigan, January 9, 2026 Henry Ford Health and BAMF Health have announced a partnership to convert the former Wayne County Consolidated Jail site in Detroit into a Life Science Innovation...
2026 Detroit Auto Show to Showcase Local Innovation
Detroit, Michigan, January 9, 2026 The upcoming Detroit Auto Show will feature innovative attractions, including the Michigan Overland Adventure and the Visit Detroit Interactive Experience. These additions aim to highlight both...
Final $3.2 Million Allocated for Affordable Housing in Detroit and Kalamazoo
Detroit, January 9, 2026 The Michigan State Housing Development Authority has allocated the final $3.2 million from the Employer-Assisted Housing Fund to support affordable housing projects in Detroit and Kalamazoo. This...
Detroit’s Cannabis Industry Opposes New Taxation
Detroit, January 8, 2026 The Michigan Cannabis Industry Association (MCIA) is mounting a legal challenge against Michigan’s new 24% wholesale tax on marijuana, set to impact jobs and economic stability starting...
The Coffee Beanery Opens New Location in Genesee County
Genesee County, January 8, 2026 The Coffee Beanery has reopened in Genesee County, Michigan, after a hiatus. Located at the intersection of Bristol and Linden Roads, this new café aims to...
Eccalon Moves Headquarters to Detroit, Creating 800 Jobs
Detroit, Michigan, January 8, 2026 Eccalon, an AI and cybersecurity solutions company, has announced the relocation of its headquarters to Detroit, where it plans to create at least 800 new jobs....
Urgent Measures Needed to Preserve Michigan’s $348 Billion Auto Industry
Detroit, Michigan, January 8, 2026 Michigan’s automotive industry, valued at $348 billion, is facing critical challenges including declining vehicle production and employment. In April 2025, production decreased significantly while employment rose...
Invest Detroit Secures $55 Million in New Markets Tax Credits
Detroit, Michigan, January 7, 2026 Invest Detroit has received a historic $55 million allocation through the New Markets Tax Credit program to support economic growth in Detroit. This funding is part...