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Business

News related to money, including business and finance.

Michigan restaurants reopen after 75 days of closure due to pandemic

Michigan restaurants reopen after 75 days of closure due to pandemic

Michigan restaurants and bars are once again open for business for indoor dining and serving after the pause enacted in November has been lifted.

February 1, 2021 5:24pm EST
Failed comeback: Toys R Us shutters its last 2 stores in US

Failed comeback: Toys R Us shutters its last 2 stores in US

The only two Toys R Us stores that opened in November 2019 as part of a small U.S. comeback attempt by the iconic toy chain have now closed.

February 1, 2021 11:50am EST
Meet the man behind the Barstool Fund, which rescued several Michigan small businesses

Meet the man behind the Barstool Fund, which rescued several Michigan small businesses

Dave Portnoy has been on a mission to save small businesses on the verge of collapse during the COVID-19 pandemic. So far, his charity has helped nearly 200 businesses nationwide, including several in Michigan. 

January 29, 2021 9:22am EST
United Wholesale Mortgage to support local restaurants, donate food to homeless shelters

United Wholesale Mortgage to support local restaurants, donate food to homeless shelters

United Wholesale Mortgage is asking for restaurants to be nominated so the company can buy food from them and then donate to Detroit area homeless shelters.

January 28, 2021 4:23pm EST
Ray's Ice Cream in Royal Oak raises $50K, has line down the street

Ray's Ice Cream in Royal Oak raises $50K, has line down the street

Just hours after the owners of the Royal Oak ice cream shop posted a GoFundMe, the business was saved by customers and donations.

January 27, 2021 5:31pm EST
Don't fall for these 3 debt consolidation myths

Don't fall for these 3 debt consolidation myths

A debt consolidation loan can help you streamline debt repayment.

January 27, 2021 8:50am EST
Detroit unveils effort to encourage Detroit-owned recreational pot shops

Detroit unveils effort to encourage Detroit-owned recreational pot shops

"From April 1st to May 15th only Detroit companies can get a license for recreational pot after that, we open it to everyone," Mayor Duggan said.

January 26, 2021 11:37pm EST
Identity of Novi mega millions billion dollar winner unknown

Identity of Novi mega millions billion dollar winner unknown

Who is holding that lucky Mega Millions ticket bought at the Kroger in Novi? We still don't know. But a young woman who won the lottery a few years ago has some important advice.

January 26, 2021 11:37pm EST
Community rallies around Royal Oak's Ray's Ice Cream, raising thousands to save it

Community rallies around Royal Oak's Ray's Ice Cream, raising thousands to save it

It's been a struggle for a few years he said. There was a huge construction project and it finally wrapped up and all the traffic should have been going into Ray's - but then COVID-19 - crushed it.

January 26, 2021 6:46pm EST
Cicis Pizza files for bankruptcy, citing  'challenging 2020'

Cicis Pizza files for bankruptcy, citing 'challenging 2020'

Cicis Pizza, known for its unlimited pizza buffet, has filed for bankruptcy according to court filings obtained by FOX Television Stations.

January 26, 2021 5:25pm EST
Should I pay off debt before buying a house?

Should I pay off debt before buying a house?

Consumers can buy a home even if they have credit card debt, but take these financial steps to do it wisely.

January 26, 2021 8:50am EST
Do you need to have a good credit score to get a student loan?

Do you need to have a good credit score to get a student loan?

A higher credit score helps you receive a lower interest rate for student loans.

January 26, 2021 8:39am EST
Beware of these 4 home and auto insurance scams

Beware of these 4 home and auto insurance scams

Insurance scams are on the rise. Here’s what you need to know to play it safe.

January 26, 2021 8:33am EST
This loan type is popular with homeowners — but it comes with a huge risk

This loan type is popular with homeowners — but it comes with a huge risk

A HELOC could be a risky choice for some homeowners.

January 26, 2021 6:34am EST
Target giving $500 pandemic bonuses to 375,000 frontline employees

Target giving $500 pandemic bonuses to 375,000 frontline employees

Target has handed out bonuses before during the pandemic, and this latest one gives $500 to hundreds of thousands of frontline workers.

January 25, 2021 8:23pm EST
Whitmer's multi-billion dollar COVID-19 recovery plan sends money to schools, businesses

Whitmer's multi-billion dollar COVID-19 recovery plan sends money to schools, businesses

Gov. Gretchen Whitmer released an economic plan aimed at further propping up the state's economy and boosting operations in Michigan's public health, business and education systems.

January 22, 2021 11:59pm EST
Lawmaker to help businesses with liquor licenses they spent thousands on, but couldn't use last year

Lawmaker to help businesses with liquor licenses they spent thousands on, but couldn't use last year

Senator Lauwers is drafting legislation right now to pro-rate the cost of liquor licenses. He’ll have it on the Senate floor early next month.  

January 22, 2021 11:54pm EST
Michigan lifts indoor dining ban with new restrictions, stadiums can seat up to 500 people

Michigan lifts indoor dining ban with new restrictions, stadiums can seat up to 500 people

Michigan restaurants and bars are now permitted to continue indoor service after months of closures. However, restaurants must abide by curfew rules and capacity limits.

January 22, 2021 6:23pm EST
Bet on sports legally - and help small Michigan businesses using the Barstool Sportsbook

Bet on sports legally - and help small Michigan businesses using the Barstool Sportsbook

Anyone making a deposit through the Barstool Sportsbook and wagering for the first time in Michigan will have their wager matched by the operators of Greektown Casino - and donated to the Barstool Fund.

January 22, 2021 5:36pm EST
Pros and cons of a cash-out mortgage refinance

Pros and cons of a cash-out mortgage refinance

Like any financial move, doing a cash-out refinance has its pros and cons. Here's what you need to know before getting started.

January 22, 2021 11:57am EST
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'Pure evil:' Family of Warren man who was stabbed to death in barricade incident sound off

Michigan lawmakers propose cutting property taxes for people who don't use public schools

Michigan lawmakers propose cutting property taxes for people who don't use public schools

Domestic violence caught on camera leads to arrest in Oakland County

Domestic violence caught on camera leads to arrest in Oakland County

'That dog was dying': St. Clair Co. Sheriff's Office faces backlash after deputies shoot dog

'That dog was dying': St. Clair Co. Sheriff's Office faces backlash after deputies shoot dog

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Macomb flooding mystery solved after crews discover sandbags beneath culvert

Sandbags walls behind horrible flooding in Macomb County, officials say

Luke Air Force Base lockdown lifted after reports of active shooter incident

Luke Air Force Base lockdown lifted

Trump gives fed workers off on Christmas Eve, December 26

Trump gives fed workers off on Christmas Eve, December 26

The 'Patriot Games': What we know about Trump's proposed high school athletic competition

The 'Patriot Games': What we know about Trump's proposed high school athletic competition

DTE gets approval for data center in Saline Township

DTE gets approval for data center in Saline Township

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