JC Reindl
Detroit Free Press
Detroit, MI, United States
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Past articles by JC:
Rocket Companies and United Wholesale Mortgage shed thousands of jobs
The plummeting headcounts underscore the cyclical nature of the mortgage business and that potential impact on the local economy. → Read More
Michigan Blue Cross CEO Daniel Loepp earned $17M in cash in 2022
The Blues disclosed the compensation package Wednesday for Loepp, who has yet to equal his record $19.2 million payday of 2018. → Read More
Gilbert looks to scale back Monroe Blocks project in downtown Detroit
Bedrock's new plan for the downtown site has fewer apartments and less office space, but features a new 2,000-seat concert venue. → Read More
Community Benefits deal for District Detroit buildout moves forward
The agreement includes various spending pledges and equity commitments, including for local Black- and Hispanic-owned contractors and businesses. → Read More
Community Benefits deal for District Detroit buildout could be biggest ever
The benefits package includes nearly $12 million in new direct spending, including money for apprenticeships and Cass Tech's football field. → Read More
Lefty's Cheesesteaks, founders sued by relative
The lawsuit was brought by a cousin of the founders who says he was brought in to expand the businesses but now is being squeezed out. → Read More
Rocket Companies CEO Jay Farner to retire June 1
Jay Farner will be replaced on an interim basis by former Rocket Mortgage CEO William Emerson. → Read More
Expert: Metro Detroit economic outlook upbeat despite ‘really overblown’ recession threat
The Detroit Regional Chamber shared its annual State of the Region report Wednesday and it shows slowing inflation and plentiful job postings ahead. → Read More
$1.5B District Detroit buildout snags a key vote
The 5-2 vote by the quasi-public Detroit Brownfield Redevelopment Authority moves the 10 building project seeking $800M in subsidies forward. → Read More
Plans unveiled for major Henry Ford Hospital expansion in Detroit, 550 apartments
Detroit Pistons owner Tom Gores plans to construct two new housing developments near the hospital at about the same time as the expansion. → Read More
$1.5B District Detroit buildout faces heavy criticism at public hearing over incentives
Nearly two dozen people offered questions or comments during the first public hearing on a requested $616 million subsidy. → Read More
Gilbert's firm misses deadline for new Wayne Co. jail as cost overruns hit $75M
Bedrock is also facing $75 million in cost overruns for the project that Gilbert's organization took on as part of a 2018 land-swap deal. → Read More
Flagstar Bank confirms layoffs, big restructuring in wake of merger
The Flagstar Bank layoff notices were handed down Thursday and represented about 10% of all employees at the newly combined bank. → Read More
More details emerge for $1.5B District Detroit buildout and incentives
The District Detroit project's biggest subsidy request for $616 million is gradually moving toward a possible City Council vote in March. → Read More
Report: Flagstar Bank lays off hundreds in mortgage division
The layoffs come less than two months after Flagstar was acquired by New York Community Bancorp. → Read More
Demolition of Southwestern High School in Detroit nearly done
The school closed in 2012 and Dan Gilbert's real estate firm has yet to say what it plans to do once the building is completely down. → Read More
Obamacare in Michigan: How Affordable Care Act tax credits boosted enrollment
Enrollment under the Affordable Care Act has been surging in Michigan and nationwide since expanded federal subsidies were rolled out in the pandemic. → Read More
Damages bill for failed casino near Detroit Metro Airport tops $60M
A judge ruled that a gaming authority belonging to the Sault Ste. Marie Tribe of Chippewa Indians must pay $88M in damages for two unbuilt casinos. → Read More
Settlement reached in 'trade secrets' lawsuit involving Detroit PR executive
The lawsuit accused the executive, Peter Van Dyke, of poaching clients on his way out the door of one PR agency before starting his own competing firm. → Read More
Southwest Airlines cancellations piling up at Detroit Metro Airport
Southwest Airlines had the most canceled flights of any airlines Tuesday morning after a winter storm stranded travelers across the U.S. → Read More