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The plummeting headcounts underscore the cyclical nature of the mortgage business and that potential impact on the local economy. → Read More
The Blues disclosed the compensation package Wednesday for Loepp, who has yet to equal his record $19.2 million payday of 2018. → Read More
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
The agreement includes various spending pledges and equity commitments, including for local Black- and Hispanic-owned contractors and businesses. → Read More
The benefits package includes nearly $12 million in new direct spending, including money for apprenticeships and Cass Tech's football field. → Read More
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
Jay Farner will be replaced on an interim basis by former Rocket Mortgage CEO William Emerson. → Read More
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
The 5-2 vote by the quasi-public Detroit Brownfield Redevelopment Authority moves the 10 building project seeking $800M in subsidies forward. → Read More
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
Nearly two dozen people offered questions or comments during the first public hearing on a requested $616 million subsidy. → Read More
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
The Flagstar Bank layoff notices were handed down Thursday and represented about 10% of all employees at the newly combined bank. → Read More
The District Detroit project's biggest subsidy request for $616 million is gradually moving toward a possible City Council vote in March. → Read More
The layoffs come less than two months after Flagstar was acquired by New York Community Bancorp. → Read More
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
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
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
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 had the most canceled flights of any airlines Tuesday morning after a winter storm stranded travelers across the U.S. → Read More