Business & Economy

Detroit is among the best cities in the United States to live and retire in 2020, according to new rankings released by U.S. News & World Report. This year’s lists … Keep Reading…

Detroit Mayor Mike Duggan announced a major affordable housing initative for the city at a news conference at 11 a.m. Tuesday at Detroit Public Safety Headquarters. The city is calling Detroit … Keep Reading…

A plan to build a 16-story residential tower in Detroit’s Greektown district received key approvals Tuesday and could break ground as early as December. The $64.6-million development, called The Exchange, … Keep Reading…

Organizers of Detroit’s annual North American International Auto Show said Monday the show’s next running has been pushed back to fall 2021. They originally looked at a date in June … Keep Reading…

If Mayor Andy Schor and a Detroit developer have their way, the vacant City Market building downtown will soon undergo an offbeat, multi-faceted “activation” nobody saw coming. “It’s hard to … Keep Reading…

For the last 15 years, Rachel Charlupski’s The Babysitting Company has provided babysitting services for thousands of clients in a handful of cities in the United States and Canada. The … Keep Reading…

A bakery, a restaurant and a coworking space in Detroit are sharing $50,000 in grants from Design Core Detroit to adapt their businesses. Avalon International Breads, SpaceLab Detroit and Folk … Keep Reading…

State and City of Detroit officials have approved $6.1 million in economic development incentives to turn a 13-story residential hotel in downtown that recently housed lower and moderate-income tenants into an … Keep Reading…

People who are unfamiliar with sports cards in the 21st century usually ask the question, “Do you still get a piece of bubblegum when you open a pack?” Those days … Keep Reading…

Detroit’s three automakers are cautiously optimistic for the next six months after second-quarter earnings took a beating because of the coronavirus. Performance predictions hinge on specific conditions, but other actions … Keep Reading…

  A local company has partnered with a battery company in California to develop an all-electric low-floor cutaway shuttle bus based on a Ford E450 chassis for the North American … Keep Reading…

Roadrunner Transportation Systems Inc. in Illinois has announced it will spin-off Ascent Global Logistics to provide a stock dividend to its shareholders. In an effort to maximize growth, Roadrunner’s Ascent … Keep Reading…

While home sales were down 26.9 percent year-over-year in June due to COVID-19, the 3,370 homes sold last month reflect a 133 percent increase from May 2020 when 1,444 dwellings … Keep Reading…

Sure, two-day delivery is great, but how fast is possible when it comes to your Amazon order? Metro Detroiters may be about to find out. Amazon Logistics announced it will … Keep Reading…