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JACK Entertainment to Sell Greektown Casino-Hotel

JACK Entertainment in Detroit says it has entered into a contract to sell the Greektown Casino-Hotel in the central business district for $1 billion in cash to Pennsylvania’s Penn National Gaming and New York’s VICI Properties, pending regulatory approval. The sale is expected to be finalized in 2019.

Coalition Seeks to Remedy Michigan’s High Auto Insurance Costs, Implores State Officials to Lower Rates

The Coalition Protecting Auto No-Fault (CPAN) in Detroit has filed a motion in the U.S. District Court for the Eastern District of Michigan aimed at protecting Michigan drivers from excessive and discriminatory auto insurance rates.

Princeton Publication Ranks U-M’s Entrepreneurship Program No. 1 in Nation

The University of Michigan’s undergraduate entrepreneurship programs are No. 1 in the nation, according to rankings that will be published in the December issue of The Princeton Review and Entrepreneur magazine.

Detroit City Council Approves Stormwater Management Ordinance for Developers

The Detroit City Council Tuesday unanimously approved a new Post-Construction Stormwater Management Ordinance that requires the creation of stormwater management features on many future development or redevelopment projects.

Lansing’s Air Lift Co. Offers LoadLifter 5000 Series Kits for 2019 Chevy Silverado 1500 and GMC Sierra 1500

Air Lift Co., an aftermarket air suspension specialist based in Lansing, has introduced its new LoadLifter 5000 series kits for the 2019 Chevy Silverado 1500 and GMC Sierra 1500.

Lawrence Tech and City of Southfield Launch New Centrepolis Accelerator to Boost Small Manufacturers

Lawrence Technological University and the City of Southfield are partnering to launch the Centrepolis Accelerator, a facility designed to accelerate the growth of small manufacturers and hardware entrepreneurs by providing access to key resources.

Ottawa Towers Wins $7.4M Settlement from Pontiac Over Property and Parking Rights

After more than six years of litigation, the City of Pontiac and the owners of the Ottawa Towers office building in the downtown district today announced they have settled their long-running dispute over parking and other issues for $7.4 million.

Inaugural Deaf and Loud Symphonic Experience with the Detroit Symphony Orchestra Set for Dec. 16

Classical music will meet hip hop, pop, and world-class percussion when Eminem publisher 8 Mile Style Music presents The Deaf and Loud Symphonic Experience, starring three renowned deaf artists performing an unprecedented concert with the Detroit Symphony Orchestra (DSO) on Sunday, Dec. 16 at 7 p.m. at Orchestra Hall in Detroit.

University of Michigan’s New “Great Lakes” Supercomputer to Enhance Research Capabilities

The University of Michigan has a new supercomputer named “Great Lakes” that will enhance the university research activities and provide scalable high-performance computing (HPC) and artificial intelligence (AI) infrastructure for thousands of users across the university.

Jackson’s Henry Ford Allegiance Health First in U.S. to use Neuromonitoring System for Spine Surgery

Henry Ford Allegiance Health in Jackson is the first hospital in the country to use Generation 2 of the Sentio neuromonitoring system, most often used in minimally invasive spine surgery. It was originally developed by Dr. Stephen Bartol, an orthopedic spine surgeon at Henry Ford Health System.

Chevrolet Adds Two Special Editions to Colorado Midsize Pickup Line, Debuts Race Components for Colorado ZR2

Detroit-based General Motors Co.’s Chevrolet is expanding its Colorado range with two special editions: the off-road Z71 Trail Runner and the street-focused RST. The Colorado was introduced as a 2015 model.

Report: Pay for Success Model Improves Health Intervention Delivery Among Disadvantaged Populations

Projects that follow the Pay for Success model, in which funding for a program is provided by private investors who are paid back by the government if the program proves successful, help to deliver health interventions in disadvantaged populations, according to a study by researchers at the University of Michigan in Ann Arbor.

Lineage Logistics in Novi Expands to Great Britain with Acquisition of UK-based Yearsley Group

Lineage Logistics Holdings in Novi, a global leader in providing temperature-controlled supply chain solutions, today announced it has acquired Yearsley Group Limited, a large temperature-controlled logistics service provider and frozen food distributor in the UK. Financial terms of the transaction were not disclosed.

Beaumont Hospital in Royal Oak Receives $5M Gift to Launch Max and Debra Ernst Heart Center

Beaumont Health in Southfield today announced Max and Debra Ernst of Orchard Lake have increased their support to heart and vascular care to a total of $8 million, launching the new Max and Debra Ernst Heart Center at Beaumont Hospital in Royal Oak. The latest gift totals $5 million.

HoMedics in Commerce Township and New York’s Bluestar Alliance Sign $165M Agreement Under Brookstone Brand

HoMedics in Commerce Township, a large manufacturer and distributor of personal health, wellness, and relaxation products, and New York’s Bluestar Alliance have announced the signing of a $165-million, five-year license agreement under the Brookstone brand. The license covers a range of massage, massage chair, home environment, and other select product categories.

Revered Cadieux Café on Detroit’s East Side Sold to Restauranteur Paul Howard and Musician John Rutherford

The owners of the Cadieux Café on Detroit’s east side today announced that they have sold the iconic bar and restaurant to Paul Howard, co-owner of Cliff Bell's in downtown Detroit, and local musician John Rutherford, effective Jan. 1, 2019. Terms of the deal were not disclosed.

Wayne State University Researchers Secure Nearly $1M for Microplastics Pollution Research

Researchers at Wayne State University in Detroit have been awarded a three-year $929,000 grant to develop technology designed to zero in on microplastic sources and accelerate an outreach and mitigation campaign, the school announced Friday.

5Q: Christopher T.R. Letts, president, Association for Corporate Growth, Detroit Chapter

Christopher T.R. Letts, president of the Association for Corporate Growth (ACG), Detroit chapter, is the youngest president of the middle market advocacy organization in the world. While the organization continues to offer tried-and-true educational, recognition, and networking programs, Letts also focuses on engaging traditionally underrepresented groups in the 400-plus-member organization.
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More »From the Magazine

Civil Action

A historic police precinct near Eastern Market finds new life.

Peer Group

Life Directions is a nonprofit organization founded by Rev. John Phelps that helps at-risk teens and young adults.

PDA Q&A: Van Conway, E-Interview

Interview with Founder and CEO of Van Conway and Partners in Birmingham.

Giant Aspirations

How imageOne in Oak Park landed on Forbes’ list of America’s best small companies.

Rate of Return

New president of Western Michigan University has big plans for the Kalamazoo college.

Medical Crusade

Tech Billionaire Eric Lefkofsky helped launch Groupon and other digital platforms. Now he’s seeking a cure for cancer.

Opinion: The Middle Kingdom

Slowly but surely, Chinese automakers and suppliers are setting up shop in the U.S. auto market.

Joyeux Noël

Christmas shopping in Detroit was simpler in 1880 before department stores, mass merchandising, and the debut of Santa’s Grotto.

2018 Auto Dealership Consumer Guide

2017 Auto Dealership Consumer Guide

Fantasy Relief

A local entrepreneur mounts a comeback from the 2008 global recession.

Double Duty

Bonner C. Upshaw III was a professional on the hardwood; now he's in the corporate suite.

Compendium News Links More »

The Outside Media Opine on the Motor City

Charged for Battle

Source: Bloomberg Businessweek

Epiphany in Dearborn

Source: The Economist

Detroit, Part One

Source: The Polis Blog

Whitacre's Crash at General Motors

Source: Financial Times

Another Chance for Alfa Romeo

Source: Financial Times

Detroit's Class Act

Source: Fortune

Dome Sweet Dome

Source: Bloomberg Businessweek

Alan Mulally’s Asian Sales Call

Source: Bloomberg BusinessWeek

Hard Choices: Domino's CEO J. Patrick Doyle

Source: Bloomberg Businessweek

Thinking About Shrinking

Source: The Economist

Ed Whitacre's Battle to Save GM from Itself

Source: Bloomberg Businessweek

Can China Save GM?

Source: Forbes Magazine

Signs of Hope

Source: NYTimes.com

25 Best Places to Retire

Source: CNN Money

Mayor Courts Resistance in Detroit

Source: The Wall Street Journal

Henderson's Strategy to Fix GM

Source: Businessweek.com

The Triumph of Optimism

Source: Economist.com

Mayor Courts Resistance in Detroit

Source: The Wall Street Journal online

How Marchionne Will Run Fiat-Chrysler

Source: Businessweek online

The Waxman-Pelosi Follies

Source: The Wall Street Journal Online

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