Detroit

AutoBooks, a Detroit-based startup, announced Wednesday a $10 million Series A1 round of financing intended to widen the company’s payroll. The firm has already responded to business expansion with the addition of a dozen employees in 2017 and relocation to Detroit's Madison Building, but...

Kristin Hope wanted opportunity. “Growing up in Silicon Valley but never really being able to break into the tech industry there, I thought, 'maybe this is my shot,'” Hope, a copywriter and digital marketer at fintech startup Autobooks, said Wednesday during a roundtable...

Who said humanitarian work had to be free? “A lot of people think by doing good you have to be a nonprofit, or the doing good part of your business is the revenue loss driver,”Warmilu CEO Grace Hsia told Benzinga. “As it turns out, we’ve been able to sell...

Kimbal Musk, brother of sustainable energy maven and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, thinks Detroit could be a little greener. The head of Colorado-based nonprofit Big Green intends to plant gardens in 100 schools throughout Wayne County and nearby underserved areas as part of a $5-...

Regulations might be restricting targeted automakers, but the steel industry considers itself a beneficiary of heightened expectations. “With the stringent requirements for occupant protection and increasing fuel efficiency requirements and tailpipe emission regulations, the deployment of...

The adoption of autonomous vehicles is a matter of trust, according to Intel Corporation (NASDAQ: INTC). The chipmaker is building its own fleet of autonomous test vehicles — not with the intention of entering the automotive sector, but rather to validate algorithms, map roads and conduct...

A groundbreaking was held Thursday for a $1-billion, 800-foot development on the onetime site of the Hudson’s department store in downtown Detroit that will be the city’s tallest structure once completed. The 1.1-million-square-foot development by Dan Gilbert’s Bedrock real estate...

Michigan is home to some of the biggest companies in the U.S. As the birthplace of the automobile and a former manufacturing center, auto stocks and manufacturing make up some of the key names in the state. However, the state is also home to a major financial name, as well as many household name...

A shuttle pulls away from the curb in downtown Detroit on a weekday night, ferrying workers between their parking garage and office. General Motors’ skyscraper headquarters, the Renaissance Center, looms ahead. It’s a setting that’s indelibly connected to the car and driver. But...

U.S. Congresswoman Maxine Waters led The Women’s Convention in a call to impeach President Donald Trump before a crowd of thousands in Detroit on Saturday, excoriating him as “the most dishonorable and despicable human being to ever serve in the office of the presidency.” The...

Scarlet letters belong to the perpetrators of sexual assault, not the victims, actress and activist Rose McGowan said Friday at the Women’s Convention in Detroit, in her first public remarks since accusing Hollywood producer Harvey Weinstein of rape. Neither Weinstein nor President Donald...

When then-presidential candidate Donald Trump banned the Washington Post from campaign events, the paper didn’t stop covering them. Instead, reporter Jenna Johnson covered the rallies with the audience. “She ended up with much fuller, richer stories than she would have gotten with the...

The autonomous driving startup nuTonomy — which received seed funding from the mobility-focused, Detroit-based venture capital fund Fontinalis Partners — is being acquired by Delphi Automotive PLC (NYSE: DLPH) in a $450 million deal. The purchase accelerates Delphi’s...

Mark Cuban made the ultimate short investment on “Shark Tank” Sunday. Ash & Erie, a Detroit startup with a clothing line for men 5-foot-8 and under, is the recipient of a $150,000 investment from the billionaire Dallas Mavericks owner, who receives a 25-percent stake in the company...