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Business
Detroit still fails to keep residentsThe exodus from Detroit continues, the Census Bureau says, more feet-on-the-ground evidence that the city's chronic mismanagement is perpetuating a problem years in the making. More Brewers team up with beer to be released on Memorial Day to help military familiesRichmond, Va. — Craft breweries from around the country are toasting the troops with a beer aged with a unique ingredient that symbolizes America's pastime — baseball bats. More Summer travel forecast: Better, but no blowoutNew York — The forecast for summer travel, 2013: Partly sunny. More Big plans are in the works for a tiny Capitol Park in downtown DetroitCapitol Park, site of Michigan's first Capitol building and more recently where people wait for the bus, is a major front in the block-by-block battle to gentrify downtown. More Rationale behind Beaumont-Henry Ford merger still aliveMetro Detroit's mega-hospital merger may be dead, but the forces that pushed Beaumont Health Systems into the arms of its larger rival, Henry Ford, are very much alive. More U.S. unemployment aid applications fall to 340KWashington — The number of Americans applying for unemployment benefits fell by 23,000 last week, further evidence that the job market is slowly returning to health. More Groundbreaking procedure at U-M hospital saves baby's lifeKaiba Gionfriddo is a healthy toddler, thanks to a groundbreaking procedure at the University of Michigan's C.S. Mott Children's Hospital. Doctors there used 3-D technology to create a bio-absorbable scaffold to hold Kaiba's bronchus open until it grows strong enough to stay open on its own. More Foxx, tapped to replace LaHood, vows to keep fighting against distracted drivingPresident Barack Obama's pick to head the Transportation Department vowed to keep up the government's fight against distracted driving. More ACO closing 14 hardware stores; 7 in Metro DetroitACO Home, Garden & Hardware, Michigan's largest independent hardware retailer, will close 14 stores in the state, half of them in Metro Detroit. More Cheesecake Factory sets opening date at Twelve OaksThe Cheesecake Factory has set an opening date for its location at the Twelve Oaks Mall. More Different visions doom merger of Henry Ford, BeaumontTwo of the region’s largest health care systems, Henry Ford and Beaumont, have scrapped plans for a merger that would have created a 10-hospital system serving as much as 40 percent of the area’s patients. More Books-A-Million sees opportunity in Michigan, opens stores in old Borders locationsBooks-A-Million, one of the nation's leading book retailers, has opened two stores in southeast Michigan in recent months and plans an aggressive search for more brick-and-mortar properties here. More Reliance One hiring 400 test drivers in southeast MichiganAuburn Hills-based Reliance One is hiring 400 test drivers to meet a growing demand from local automotive companies. More AAA: 31.2M drivers to take Memorial Day road tripIt's going to be another busy Memorial Day weekend on the nation's highways. More U.S. home sales tick up to highest in more than 3 yearsWashington — Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale. More Bernanke signals Fed to maintain stimulus effortsWashington — Chairman Ben Bernanke is telling Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs. More Median CEO pay rises to $9.7M in 2012CEO pay has been going one direction for the past three years: up. More State loans $6 million to old United Way building for renovationsThe historic former United Way building in downtown's Capitol Park district received a $6 million loan Wednesday from the state of Michigan's Strategic Fund. More Dodd-Frank reform giving investors a voice on executive payMore investors are getting serious about deflating corporate chiefs' ballooning pay. More Groundbreaking procedure at U-M hospital saves baby's lifeKaiba Gionfriddo is a healthy toddler, thanks to a groundbreaking procedure at the University of Michigan's C.S. Mott Children's Hospital. Doctors there used 3-D technology to create a bio-absorbable scaffold to hold Kaiba's bronchus open until it grows strong enough to stay open on its own. More Danialle Karmanos abruptly cancels white-tie gala for hubbyAfter vowing the event would go on, Danialle Karmanos has canceled a June 8 white-tie gala honoring her husband, retired Compuware founder Pete Karmanos, in favor of what she said will be a more inclusive community party later this summer. More Meijer first to open at Detroit's Gateway Marketplace shopping centerWith a grand opening scheduled for late July, developers of Detroit's Gateway Marketplace shopping center say they hope it will serve as the pinnacle of the city's Woodward Avenue revitalization, drawing additional retailers in its wake. More Downtown Birmingham booms again with new, upscale retailDowntown Birmingham, which struggled to fill storefronts after anchor Jacobson’s closed in 2002, has reinvented itself with a creative mix of national name brands and local boutiques. More ESPN cutting workforce, 'smartly managing costs'The company would not say how many jobs are being eliminated, but they include unfilled positions. ESPN has about 7,000 employees worldwide, with about 4,000 at its headquarters in Bristol, Conn. The vast majority work behind the scenes. More Panel: Apple uses firms outside U.S. to avoid taxes— Apple's CEO is disputing assertions by a Senate panel that the company avoids billions of dollars in U.S. taxes by shifting profits to foreign affiliates. More Expert: Summer gas prices likely to be lower than 2012West Lafayette, Ind. — A Purdue University economist says he expects this summer's gasoline prices to be lower than last year. More Public charter Lakeshore Express adds service to Pellston airportLakeshore Express, a public charter launching flights from Oakland County International Airport to Chicago's Midway Airport starting June 6, will begin service to Pellston Regional Airport in northern Michigan that same day. More Henry Ford, Beaumont hospital merger called offThe planned merger of Henry Ford Health System and Beaumont Health System is off after the Henry Ford Board of Trustees Tuesday decided to let their letter of intent with Beaumont expire. More Michigan sees increase in funding for start-up businessesMichigan is a goldmine of funding for new start-up businesses, despite a dip in such giving nationally, according to the Michigan Venture Capital Association. More |
Latest headlinesAnibal Sanchez flirts with no-hitter as Tigers move into firstWith one out in the ninth, Sanchez lost what could have been his second career no-hitter when Twins catcher Joe Mauer lined a breaking pitch into center field. It was the only hit Sanchez allowed in a nine-inning masterpiece. More Repcom20130524..c3305240396.article.sports0104NoLabel
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