Industry

Experts told the Detroit Economic Club Tuesday that Michigan's economic recovery and the coronavirus are going to be "inextricably linked" for quite awhile.

While the U.S. Small Business Administration opens loan portals for the latest round of PPP loans, it also says it has forgiven some $100 billion in previous PPP loans.

First-time claims for unemployment assistance took a huge jump as coronavirus restrictions continue to ravage American businesses.

It's going to depend on how the COVID-19 numbers trend for the next few weeks, but Michigan Gov. Gretchen Whitmer said the state's goal is to reopen restaurants for indoor dining on Feb. 1.

Despite the ongoing challenges presented by the coronavirus pandemic, Real Estate experts are feeling largely optimistic about housing trends as 2021 begins.

Amazon is bringing five new facilities and more than 2,000 new full- and part-time jobs to Detroit, the company announced Monday.

Organizers have cancelled the North American International Auto Show over COVID-19 concerns, and will instead host an outdoor event in Pontiac.

Businesses looking for help from a second round of Paycheck Protection Program loans can start getting it next week after the SBA and the Treasury department issued new guidance.

Ford Motor Co. has brought in an expert to help with its marketing and brand strategy efforts.

While Americans are likely to use the new stimulus checks to pay off debt and cover immediate expenses, experts say they should help facilitate economic recovery.

The hospitality industry, particularly restaurants and hotels, is "in turmoil," according to a recent survey, and worried about surviving the next few months.

Michigan restaurants, hoping to escape the clutches of the coronavirus pandemic, are hoping to regain what the COVID response has taken from them.

Experts say the Southeastern Michigan residential housing market is going strong, with home sales moving forward due to a variety of incentives.

Michigan Gov. Gretchen Whitmer signed a $106 million bipartisan relief bill designed to provide pandemic relief to businesses and individuals adversely affected by the pandemic response.

After initially deriding a bipartisan COVID relief bill, President Donald Trump signed it Sunday night, while still calling for revisions.

In passing its latest relief package, Congress reversed an IRS decision and allowed expenses related to Paycheck Protection Program loans to be tax deductible.

They met at a business conference, and now the owners of the state's first Black-owned brewery recently celebrated their first major product launch.

The state House on Monday approved a $465 million spending bill that includes millions of dollars in COVID-19 relief.

After months of haggling, Congressional leaders Sunday finally reached a deal for some $900 billion in coronavirus relief.

Restaurants still can't indoor indoor dining, but an amended health order allows the reopening of casinos, movie theaters and other entertainment venues and for high school students to return to in-person learning.