Finance

A new tax law ushered in by the American Rescue Plan sets a much lower threshold for reporting business transactions made using payment apps such as Venmo, PayPal and...

PURCHASE, N.Y. (Business Wire) — A new report from Mastercard, The Rise of Open Banking, demonstrates the mainstream adoption of technology to power smarter, more meaningful digital experiences. Open banking puts consumers...

MUNCIE, Ind. and FARMINGTON HILLS, MI — First Merchants Corporation and Level One Bancorp, Inc. announced they have executed a definitive merger agreement by which Level One Bancorp, Inc....

NEW YORK (Business Wire) — American Express (NYSE: AXP) and Goldman Sachs Transaction Banking (TxB) today announced a collaboration to provide large corporate clients with a cloud-based payments solution...

Experts say communication is the key when setting up a succession plan, even for a family owned business.

NEW YORK (Globe Newswire) — Warner Music Group Corp. announced the sale of an aggregate of 2,340,000 shares of the company’s common stock by affiliates of Access Industries, LLC to...

Two acquisitions announced in the last month have helped Bank of Ann Arbor expand its footprint in Oakland and Washtenaw counties.

WASHINGTON (Globe Newswire) — The U.S. Small Business Administration today announced a moratorium on the requirement that participants in SBA’s 8(a) Business Development Program must establish a bona fide...

Greenleaf Trust has made several new hires and shifted roles for current staffers.

The Archdiocese of Detroit has sold Plymouth Township-based The Inn at St. John's complex to the Pulte family.

MINNEAPOLIS (BUSINESS WIRE) — U.S. Bank has entered into a definitive agreement to purchase PFM Asset Management LLC under its subsidiary, U.S. Bancorp Asset Management.  PFM Asset Management will continue to operate as a...

With more than 6,700 forms of cryptocurrency available, there’s no shortage of ways to make real U.S. dollars, if you have the stomach for it.

Huntington Bank has completed its merger with TCF Financial, lifting Huntington into the Top 25 U.S. bank holding companies.

Citizens Financial Group Inc. made a move this week that expands a banking reach beyond the regional footprint it now owns from New England to the mid-Atlantic and Midwest...

Amazon and MGM  announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion. MGM has nearly a century of filmmaking history and complements the work...

AT&T Inc. and Discovery, Inc. announced a definitive agreement to combine WarnerMedia’s  premium entertainment, sports and news assets with Discovery's leading nonfiction and international entertainment and sports businesses to...

DETROIT – Lambert & Co., a top-5 private equity PR and top-10 investor relations firm nationally, announced the promotion of Mike Houston to the role of partner. With more than...

Ann Arbor-based ProQuest is about to be acquired by Clarivate in a deal reportedly worth some $5.3 billion.

JACKSONVILLE, Fla. (Globe Newswire) -- CSX Corp. announced it has signed a definitive agreement to acquire Quality Carriers, Inc., the largest provider of bulk liquid chemicals truck transportation in...

LOS ANGELES (GLOBE NEWSWIRE) -- Warner Music Group announced a groundbreaking partnership with and investment in Wave, the leader in virtual entertainment. Through this collaboration, Wave will develop virtual...