Soo Locks to open early as Great Lakes shipping season restarts this week
The Great Lakes shipping season returns this week - and there's more than one way to watch the Soo Locks open for the first time this year. Here's how:
Forever 21 files for bankruptcy–again
The retail chain has 350 stores in the U.S. as it begins the process of liquidation sales during bankruptcy proceedings.
Spirit Airlines exits bankruptcy with new financial plan and premium rebrand
Spirit Airlines has officially emerged from bankruptcy after completing a financial restructuring that reduced debt and secured $350 million in new investment. The airline now plans a strategic shift, including a rebrand aimed at elevating its offerings.
CVS opens smaller format stores; still plans to close 270 locations
CVS is opening new stores around the nation, but they will be significantly smaller and focus only on pharmacy services. The move comes as the industry undergoes a major shift.
Tariff impacts in Michigan: Canada moves forward with 25% surcharge on energy
Half a trillion dollars in trade between the U.S. and Canada and a good chunk of that crosses the Ambassador Bridge between Detroit and Windsor daily.
Here are the top side hustles in 2025
If you’re searching for ways to earn a little extra cash, these gigs might offer a little financial relief.
Street Beet vegan pop-up taking over Detroit Bobcat Bonnie's space
Vegan pop-up Street Beet is getting a permanent home in the former Bobcat Bonnie's Corktown spot.
On the Border: Popular Tex-Mex restaurant chain files for bankruptcy
On the Border, a Tex-Mex chain owned by Argonne Capital Group, filed for Chapter 11 bankruptcy protection as it struggles to compete in the current economic environment.
Walgreens agrees to $10B private equity buyout—what it means for shoppers
Walgreens has agreed to a $10 billion buyout, taking the company private after years of financial struggles. Here’s what it could mean for store closures, pharmacies, and shoppers.
Bobcat Bonnie's original Detroit location closes immediately in Corktown
“This decision is heartbreaking, but we must make one based on where things are currently in the economy," he said.
Treasury Department halts enforcement of BOI requirements: What to know
The Treasury Department announced that it is suspending enforcement of the Beneficial Ownership Information (BOI) reporting requirements. Here's what to know.
As Party City stores close for good, these brands may take their place
Two major retailers have emerged with deals to take over Party City locations as the discount party supply chain prepares to close its doors after 40 years in business.
Social Security March payment schedule: Here’s when checks go out
Social security payments are sent monthly, but the date can vary depending on the 2025 calendar and when you were born.
McDonald's CEO gives 3 predictions for the restaurant business in 2025
McDonald’s CEO Chris Kempczinski this week offered up three predictions for trends that the quick-service restaurant industry could see this year.
Expect more restaurant bankruptcies in 2025, expert says
A growing number of restaurant chains have fallen on hard times. A bankruptcy attorney expects this trend to continue, saying companies are saddled with debt.
How to be a millionaire: Detroit investor & author's 5-year story
He turned a few hundred into $100,000 in six months - and then he lost it. He has rebuilt and exceeded that mark, with recognition of past mistakes he shares with readers.
Minimum wage earners must work impossible number of hours to afford rent: report
Despite many minimum-wage workers living in apartments with below-average rents, they’re still spending more than 30% of their income on housing.
Bird Flu impact: Plymouth diner to cancel Paczki Day due to egg prices
All over the United States, people are seeing how the bird flu outbreak is impacting egg prices at grocery stores and restaurants. Meanwhile, the shortage is forcing a local family-owned diner to cancel its traditional Paczki Day celebration.
Layoffs hit Forever 21 ahead of reported bankruptcy filing
The layoffs come as the retailer prepares for a reported bankruptcy filing.
Denny's temporarily adds egg surcharge as bird flu drives up prices
Denny’s joins several restaurants that are charging extra for eggs on the menu as the nation manages an egg shortage and bird flu crises.