Microsoft plans 'substantial' job cuts across Xbox division
Gaming executives are reportedly under pressure to boost financial performance following a $69B Activision Blizzard deal.
Dearborn leaders consider limiting Airbnb-type rentals to only the downtown area
The proposal comes after neighbors have complained of excessive partying, police calls and other quality of life issues stemming from these types of properties.
Bumble to lay off 30% of global workforce
They layoffs will impact about 240 positions.
Online job listing company Careerbuilder + Monster files for bankruptcy
CareerBuilder + Monster bankruptcy filing shows $100-500 million in liabilities as the merged company plans to sell off its operations.
Red Lobster seafood boil among new CEO’s menu items
Red Lobster emerged from bankruptcy last year and emerged with a new CEO, who has made several changes already.
Here's why some consumers are boycotting McDonald's this week
The People’s Union is urging a nationwide boycott of McDonald’s starting June 24, citing rollbacks to diversity efforts and other grievances tied to the fast-food giant’s business practices.
Buy now, pay later loans will now impact Americans' credit scores
FICO said that it is going to incorporate buy now, pay later (BNPL) data into credit scores as the payment method surges in popularity.
Fred Smith, FedEx founder, dies at 80
FedEx founder Fred Smith, known by many as Memphis, Tennessee’s “most important citizen,” has died. He was 80 years old.
Kroger closing 60 stores over next 18 months
A major grocery retailer in the U.S. announced dozens of its stores would be closing in the coming months. Here’s what we know.
Parent company considers offloading Bahama Breeze restaurant chain
The company recently closed 15 Bahama Breeze locations.
Companies compete in Detroit's Sustainable Cities Challenge to reduce carbon output
A trip to Eastern Market is a centuries-old tradition; whether it's Flower Day or a Lions tailgate, that stretch of downtown is bustling.
How much money you need to retire in your state – without Social Security
With Social Security's future uncertain, the amount of money to retire comfortably varies substantially by state. Here’s where your area ranks.
Trump-backed 'internet money' could drive trillion-dollar market and strengthen the dollar
The digital currency market could reach $3.7T by decade's end as legislation moves toward the president's desk.
MI Hub for Manufacturing opens in Detroit helping small, mid-size businesses
This digital hub will help with technical assistance, funding, education and foster stronger connections between manufacturers, startups, and large companies – positioning Michigan as a hub.
Family business Weingartz turns 80, helping with 'Everything lawn to snow'
A jingle is great but it’s hardly enough to keep you in business. When it’s the family name on the line - that changes a lot.
Lakers sold: Buss family sells majority stake for $10B, reports say
The Buss family has reportedly agreed to sell majority ownership of the LA Lakers, for a value of $10 billion, to Dodgers co-owner Mark Walter.
Michigan liquor commission lacked oversight of $499M in alcohol orders, audit finds
Michigan purchases and sells all spirits sold in the state and is tasked with tracking them. But a review of the commission in charge found it delegated the responsibility to authorized distributors with no way of knowing if it was accurate.
Chase Sapphire Reserve credit card changes: What to know
The cost to have Chase’s popular Sapphire Reserve travel credit card has increased 77% since it was introduced in 2016. Here’s what to know about the card.
Detroit Free Press, Detroit News to end Joint Operating Agreement after 36 years
The JOA allowed the papers to save money by combining areas including advertising, printing presses, and distribution.
At Home files for bankruptcy
The popular home decor retailer has filed for bankruptcy amid the changing trade environment from President Trump’s tariffs.