Industry

With current CEO Chris McGowan leaving, Ryan Gustafson has been appointed vice president and COO of Ilitch Sports + Entertainment.

NEW YORK – Ford Motor Co. expects to lose some $3 billion on its electric vehicle business in 2023, a loss for which it figures to more than make up...

DETROIT – After nine strong model years in the market, with hundreds of thousands sold, the sixth generation Chevrolet Camaro will retire at the conclusion of model year 2024. The...

The collision of extreme fiscal and monetary policies has finally arrived, with the victims being investors in banks with narrowly focused deposit, lending, and securities portfolio strategies. To be sure,...

WASHINGTON — Existing-home sales reversed a 12-month slide in February, registering the largest monthly percentage increase since July 2020, according to the National Association of REALTORS. Month-over-month sales rose...

The consistent raises in its key interest rates from the Federal Reserve may not be having much of an effect on how people are spending their money. According to a...

As three Cadillac V-Series.R hybrid race cars prepare to start the IMSA WeatherTech SportsCar Championship and FIA World Endurance Championship races at Sebring this weekend, Cadillac is also kicking...

Despite yet another interest rate hike by the Federal Reserve, the Labor Department reported that U.S. applications for unemployment fell again last week.

A connection coach says finding out what reaches a stakeholder can be the key to successful communication.

In the wake of two of the largest bank failures in U.S. history, the Federal Reserve announced Wednesday it's raising its key interest rate another quarter-point.

MILTON KEYNES, UK —  Envisics, pioneer and global leader in dynamic holographic technology announced receiving over $50 million as part of its Series C strategic funding round. The round was...

For the second time in less than six months, Facebook parent company Meta is announcing a round of layoffs. After cutting 11,000 jobs back in November, Meta has announced it...

After applications for unemployment assistance rose last week by more than they had in the last five months, requests for help dropped last week. According to statistics released by the...

Chair Powell’s semiannual testimony before Congress and labor market data releases dominated the economic calendar this week.Powell noted recent data had reversed the softening economic trends observed in the...

BELLEVUE, Wash. – T-Mobile US announced that it has entered into a definitive agreement to acquire Ka’ena Corporation and its subsidiaries and brands: Mint Mobile, a successful direct-to-consumer prepaid...

Diamond Sports Group, which owns 19 networks operating under the “Bally Sports” banner, filed for Chapter 11 bankruptcy protection this week. Diamond, the largest owner of regional sports networks in...

Voting along party lines, the Michigan Senate Tuesday passed legislation that would repeal the state's right-to-work law and restore a prevailing wage.

A report from the Environmental Defense Fund shows Michigan is among the top states in the country for electric vehicle and battery investment.

Trying to hit $2 billion in cost savings, General Motors is offering voluntary buyouts to most of its salaried workers, according to multiple reports Thursday. The majority of the automaker’s...

The number of Americans seeking unemployment benefits jumped last week more than it had in five months. Applications for jobless claims rose by 21,000 in the week ending March 4,...