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Gov. Snyder Signs Legislation to Create Authority to Oversee Straits of Mackinac Line 5 Replacement

Michigan Gov. Rick Snyder today signed legislation to protect the Great Lakes, provide energy security for the state’s residents, and create better infrastructure connections between Michigan’s peninsulas.

Bloomfield Hills’ Agree Development to Acquire 100+ Sherwin-Williams Retail Properties

Bloomfield Hills-based Agree Realty Corp. Tuesday announced that through its subsidiary, Delaware-based Agree Development, it has entered into a purchase agreement for the acquisition of a portfolio of more than 100 retail properties in connection with a sale-leaseback transaction with The Sherwin-Williams Co.

Gilbert Family Foundation Gives $12 Million to NF1 Gene Therapy Research

The Gilbert Family Foundation is providing $12 million over the next three years to several teams researching the underlying genetic abnormalities in neurofibromatosis type 1 patients in hopes of facilitating a cure for the disease. This is the organization’s first initiative involving gene therapy.

DoubleTree by Hilton Opens New Luxury Hotel in Bloomfield Hills

Metro Detroit’s newest luxury hotel, the DoubleTree by Hilton that was redeveloped from the former Kingsley Inn, expects to greet its first public guests in mid-to-late December, just in time for the holiday season. The property has undergone a complete, multi-year renovation.

Site Prep to Begin for Pullman Parc Residential Development in Detroit’s Lafayette Park

Site preparation will begin on Pullman Parc, a four-acre residential development planned for Detroit’s Lafayette Park, Detroit’s Broder and Sachse Real Estate, Farmington Hills’ Hunter Pasteur Homes, and Southfield’s Woodborn Partners announced today.

Troy’s Rehmann Merges with Florida’s Lamn, Krielow, Dytrych & Co.

Troy-based financial services company Rehmann is continuing its growth in Florida with the merger of Jupiter’s Lamn, Krielow, Dytrych & Co., which has served southeast Florida for nearly 50 years.

Loan Program for Independent Medical Practices Coming to Michigan

Practice Pathways, a program through Zions Bancorporation, Monday announced it has expanded to 33 states, including Michigan. It offers lending solutions for entrepreneurial dentists, veterinarians, optometrists, physicians, and pharmacists.

Cooper Standard in Novi License to PolyOne Corp. Expands Fortrex Material Beyond Automotive Market

Cooper Standard of Novi has diversified the reach of its lightweight elastomeric Fortrex material by licensing it to Avon Lake, Ohio-based supplier PolyOne Corp. Cooper Standard will generate revenue and profit from royalty income based on PolyOne's sale of Fortrex-based polymer formulations to its customers.

University Research Corridor Institutions Awarded $3.5M to Continue Gerontology Research

Detroit’s Wayne State University, East Lansing’s Michigan State University, and Ann Arbor’s University of Michigan together received a $3.5-million grant renewal from the National Institutes of Health’s National Institute on Aging to extend the Michigan Center for Urban African American Aging Research (MCUAAAR) to Flint, WSU announced Monday.

Indian IT Provider Wipro to Open Automotive Innovation Center in Detroit Area

Wipro Ltd., an information technology, consulting, and business process services provider based in Bangalore, India, today announced it plans to open an Automotive Innovation Center at an unspecified location in metro Detroit.

Detroit Auto Show to Host Second Annual Mobility "Match Meetings" Jan. 16

The North American International Auto Show, Michigan Economic Development Corp., and PlanetM are staging their second annual business-to-business AutoMobili-D Match Meetings on Wednesday, Jan. 16, from noon to 4 p.m. at Cobo Center.

Restaurant, Bar, Entertainment Spot 925 Social Opens in Oxford

Looking for a single location to eat, drink, and try to keep it all down on a go-kart track? A new restaurant, bar, and entertainment spot called 925 Social had a soft opening on Sept. 25 in Oxford and offers just that and a slew of other activities.

Detroit Neighborhoods Receive $35M in Commitments for Improvements

Detroit neighborhoods will get $35 million in commitments from seven companies, Mayor Mike Duggan and company executives announced today.

Warren-based Universal Logistics Holdings Acquires California’s Container Connection

Warren’s Universal Logistics Holdings Inc., an asset-light provider of customized transportation and logistics solutions, Friday announced it has acquired Deco Logistics Inc. and Oaktree Logistics Inc., collectively Container Connection. The cash purchase was $60 million.

Ann Arbor’s Millendo Therapeutics Merges with OvaScience of Massachusetts

Ann Arbor’s Millendo Therapeutics Inc., a clinical-stage biopharmaceutical company focused on developing treatments for orphan endocrine diseases, has merged with OvaScience Inc. in Waltham Mass.

Ford Appoints Worthington to Vice President of Global Product Development Operations

Ford Motor Co. today announced it has named Trevor Worthington vice president of global product development operations and vehicle programs, and tapped Graham Pearson to succeed him as vice president of product development in the Asia Pacific region.

Report: Michigan Must Attract, Retain College-educated People to Create Broad Middle Class

Michigan Future Inc. today released a report saying Michigan must create regions anchored by central cities that attract college-educated individuals before it can have a broad middle class.

Detroit Auto Show Renews Contract with Cobo Center Through 2026, Announces 2020 Dates

The North American International Auto Show (NAIAS) announced Friday it has signed a seven-year contract with Cobo Center, confirming the center’s status as the show’s venue through 2026. It also confirmed show dates for June 2020.
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From Our Partners

Sequoia Strong: Building a Resilient Business

Like the Sequoia trees, our businesses need to be durable, flexible and resilient to be successful long-term. When things are at the worst is when leadership needs to be at its best. Be prepared for the unplanned and you’ll more effectively weather the storms.

Making Strides Against Breast Cancer

After several years of running a successful beauty supply business, Larry Gaynor, President & CEO of New Boston, Mich.-based tng worldwide, decided he wanted to get involved in the fight against breast cancer.

For the Business Owner: Are You Prepared for Retirement? Is Your Business?

Whether you’re two years from retirement or 20, you should be taking advantage of your skills and experience to ensure great outcomes, both for your own financial situation and the team you manage.
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More »From the Magazine

Legal Brass

A lawyer in Detroit taps his manufacturing roots to better advise clients, including himself.

Spread Order

Lasting Prosperity

Michigan’s economy has accelerated over the last two years due to favorable federal policies and smart reform from Lansing. But unless state leaders lower personal taxes, remove burdensome regulations, and eliminate corporate welfare programs, the good times won’t last.

CEO Gift Guide 2018

Our holiday shopping guide takes you from the American Revolution to outer space.

Sign Up

Bringing content for the deaf and hard-of-hearing to a global audience.

Snow Much Fun

The spirit of the holidays is aglow at a Bloomfield Hills business all year long.

Green and Smart

NextEnergy in Detroit transforms its mission to drive new transit solutions.

Green Wave

OHM Advisors in Livonia helps limit environmental challenges like harmful algae.

Books and Mortar

Local comic book stores suffer as online retailers and auction sites become more prominent.

True Warrior

Dave Morrow, a graduate of Brother Rice High School in Bloomfield Township, takes the lacrosse world by storm.

Keen Tuning

WKNR Keener 13 in Dearborn dominated the local radio market in the mid-1960s, thanks to a young widow and a crafty consultant.

Dynamic Duo

As the United States and China compete for global trade dominance, the biggest prize is the development and control of intellectual property.

Compendium News Links More »

The Outside Media Opine on the Motor City

Let Syrians Settle Detroit

Source: The New York Times

Larry Page Looks Ahead

Source: Fortune

Detroit Homes Still Selling for $1

Source: The Daily Caller News Foundation

You Can Sell a Lot of Cars with a Tent

Source: Bloomberg Businessweek

Matty Moroun, Detroit's Border Baron

Source: Bloomberg Businessweek

Obama Pushes False GM Success Story

Source: Investors Business Daily

Women in a Man’s World

Source: The Wall Street Journal

The Death and Life of Detroit

Source: The American Prospect

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Detroit 500

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