Detroit

Ford Motor Company (NYSE: F) is eliminating 7,000 salaried jobs worldwide, about 10 percent of its global salaried workforce, according to several reports. The cuts will include 500 salaried jobs in North America. What Happened Ford CEO Jim Hackett sent a note to employees notifying them of the job...

Alphabet Inc. (NASDAQ: GOOG)(NASDAQ: GOOGL)'s Waymo said Tuesday it's found a "perfect facility" in Detroit to build autonomous cars, offering further details on a promise to return auto jobs to the car industry's longtime hometown. What To Know Waymo said back in January it...

Another company is set to enter the Michigan cannabis market. Detroit-based Emerald Growth Partners announced it was pre-qualified by the State of Michigan LARA Bureau of Medical Marihuana Board for cultivation, processing and retail licenses. The news comes after Cresco Labs (OTC: CRLBF)...

In another sign of the increasing recognition Detroit is receiving for its entrepreneurial and tech scene, Forbes announced Tuesday that it’s bringing its Under 30 Summit to the Motor City for the next three years. The 2019 Under 30 Summit Detroit is set for Oct. 27-30 and is expected to draw...

Fiat Chrysler Automobiles NV (NYSE: FCAU) plans to rehab an old facility into a new Jeep plant in Detroit and pour money into five other Michigan factories in a $4.5-billion move to meet growing demand for Jeeps, Dodge Rams and electric vehicles, the company said Tuesday. The move will create...

Chemical Financial Corporation (Nasdaq: CHFC), the parent of Chemical Bank, has won the naming rights for Detroit’s Cobo Convention Center for the next two decades. What Happened The Detroit Regional Convention Facility Authority said in its announcement that Chemical, Michigan’s...

The Detroit Blockchain Center announced Tuesday it will be hosting the inaugural Detroit Blockchain & Fintech Pitchfest on Thursday, Feb. 28, powered by the Fintech Consortium in partnership with Detroit Fintech Bay. What Is It? The first-ever Pitchfest will feature fintech and blockchain...

The 2019 North American International Auto Show lacked its usual pizzazz, according to analysts. "The Detroit show is very low key this year as it is a transition year," Autotrader executive analyst Michelle Krebs told Benzinga. "Unveilings were few and they were split between mostly...

Penn National Gaming, Inc (NASDAQ: PENN) has acquired operating rights to the Greektown Casino in downtown Detroit as part of a $1-billion sale of the property. What Happened Dan Gilbert, the founder and chairman of Quicken Loans, agreed to sell Greektown Casino for $1 billion. The property...

During the CityLab Detroit Conference, several public officials and higher education leaders from across the country discussed ways in which communities and universities are unleashing opportunity and seeking talent on a city level. The panelists within the political sector included Detroit...

CEO and chairman of General Motors Co. (NYSE: GM), Mary Barra spoke Monday morning to the attendees of the CityLab Conference in Detroit on the future of GM and the future of the auto industry. Rise Of Technology As technology greatly impacts the economy on a global scale, it comes as no...

Want to be a full-time gamer? Detroit is the best place to make it in competitive gaming according to a new study. To be considered a full-time gamer, one needs to make an average of $69,119 per year and have 1,920 followers on Amazon.com, Inc. (NASDAQ: AMZN)'s's Twitch, according to Value...

The CSForAll — Computer Science for All — movement has developed a U.S. initiative to empower students from kindergarten through high school to learn computer science and to better equip the future workforce with computational thinking skills for an increasingly digital economy. “...

Ranging from small towns, cities, and villages, Detroit's suburbs have great schools, lower homeowners insurance rates and other perks. After examining data on 59 suburbs in the Detroit metropolitan area, we compiled a list of Detroit's best suburbs to raise a family based on...