Detroit news

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Illustration representing the Nexstar Tegna merger in local broadcast media.
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 merger aims to enhance competition against major national networks, potentially creating the largest regional TV station operator in the U.S.

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Shoppers in a grocery store facing high prices due to inflation.
Business News

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 Consumer Price Index remains above targets, leading to ongoing financial strain for households. Essential areas like groceries and healthcare still

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Illustration of Bitcoin's value decline
Business News

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 of 3.92% just within two days. This downturn posits concerns regarding the potential influence of political events on cryptocurrency markets,

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Rendering of a high-tech underground transport tunnel system
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. Complaints regarding safety violations and incidents among workers are prompting discussions for stricter regulations, despite the project’s popularity among conventiongoers

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Data center in Saline Township, Michigan
Business News

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 facility aims to create over 4,500 jobs while balancing economic growth with environmental concerns. The approval reflects a commitment to

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An airplane representing Volaris flying over Detroit skyline
Business News

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 connectivity between Mexico and the U.S., particularly for the upcoming 2026 FIFA World Cup, which is expected to benefit local

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Celebration of successful labor negotiation among workers
Business News

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 increase and a $2,500 signing bonus. This successful negotiation highlights the importance of solidarity among union members and aims to

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Interior view of a closed BD's Mongolian Grill restaurant
Business News

BD’s Mongolian Grill Closes Its Last Michigan Location

Detroit, Michigan, February 7, 2026 BD’s Mongolian Grill has officially closed its final restaurant in Michigan after 28 years in the state. Located in Canton, this closure marks an end to the chain’s presence in Michigan, following several shutdowns in other cities such as Dearborn, Flint, and Ann Arbor. The restaurant

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Basketball scene with Detroit Pistons logo and trading activity
Business News

Detroit Pistons Trade Jaden Ivey to Chicago Bulls

Detroit, Michigan, February 6, 2026 The Detroit Pistons have traded guard Jaden Ivey to the Chicago Bulls as part of a three-team deal that also includes the Minnesota Timberwolves. In return, the Pistons secured Kevin Huerter, Dario Å arić, and a protected first-round pick swap. This move is aimed at improving Detroit’s

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Exterior view of a closed Pizza Hut restaurant with a sign indicating closures.
Business News

Pizza Hut to Close 250 U.S. Locations Amid Strategic Review

Detroit, MI, February 6, 2026 Pizza Hut, the iconic pizza chain, is set to close 250 locations across the United States in a strategic move by its parent company, Yum Brands. The closures highlight the need for operational refinement amidst declining same-store sales and changing consumer preferences favoring digital dining. While

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