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    • BUSINESS
    • 1:35 PM, Jul. 23, 2014

    Detroit, not Canton Twp., to house U.S.-backed research center

    A $148 million lightweight metals manufacturing institute will locate in Detroit — not Canton Township — Mayor Mike Duggan and the University of Michigan announced today.

    • 11:35 PM, Jul. 22, 2014
    • BUSINESS

    $8M in tax credits approved for Midtown development

    Plans advanced Tuesday to raze a Woodward Avenue building in Midtown commonly called the 'Hammer and Nail' because of its neon signs showing a hammer striking a nail on top of the 12-story tower.

  1. Unpretentious Rose's Fine Food offers diner fare with unique flair

    Lucy Carnaghi and Molly Mitchell quietly opened the doors of their 30-seat diner, Rose's Fine Food barely two weeks ago, and immediately the swivel stools at the counter and the tables topped with reclaimed wood began filling up.

    • 7:26 AM, Jul. 23, 2014
    • BUSINESS

    Women business owners face gender gap, report says

    New York — Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday.

    • 7:08 AM, Jul. 23, 2014
    • BUSINESS

    Police detain employees of meat company accused of selling expired meat to McDonald's, KFC

    Beijing — Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants in China were detained by police Wednesday after an official said illegal activity was an organized effort by the supplier.

    • 8:54 AM, Jul. 23, 2014
    • BUSINESS

    Delta 2Q profit rises 17%

    Atlanta — Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined.

    • 8:06 AM, Jul. 23, 2014
    • BUSINESS

    Dow Chemical 2Q profit drops, revenue rises

    Midland — Dow Chemical's second-quarter net income slid 62 percent as the prior-year period benefited from a $2.16 billion payment related to a scrapped joint venture.

    • 7:29 AM, Jul. 23, 2014
    • BUSINESS

    Whirlpool 2Q profit falls 9.6%

    Benton Harbor — Whirlpool Corp. on Wednesday reported net income that declined by 9.6 percent in its second quarter, and missed analysts' expectations.

    • 7:45 AM, Jul. 23, 2014
    • BUSINESS

    Lansing Board of Water & Light reappoints leader

    Lansing — The Lansing Board of Water & Light has reappointed J. Peter Lark as general manager despite criticism about the utility's response to a December ice storm that left some customers without power for more than a week.

  2. Ferndale Pub Crawl returns for charity

    The annual Ferndale Pub Crawl has been raising funds for local nonprofits since 1996. This year, the event will start Friday at the newly opened Twist nightclub.

    • 7:01 AM, Jul. 23, 2014
    • BUSINESS

    Donald Trump to break ground for new DC hotel

    Washington — Donald Trump hopes to bring his signature brand of glitz to the nation's capital with a new luxury hotel in the city's third-tallest building.

    • 9:14 AM, Jul. 22, 2014
    • BUSINESS

    California firm issues nationwide fruit recall

    Cutler, Calif. — A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concerns of possible listeria contamination.

    • 9:20 AM, Jul. 22, 2014
    • BUSINESS

    Thirst for U.S. craft beer grows overseas

    Richmond, Va. — Helping to quench a growing thirst for American craft beer overseas, some of the United States' largest craft breweries are setting up shop in Europe, challenging the very beers that inspired them on their home turfs.

    • 8:55 PM, Jul. 21, 2014
    • BUSINESS

    Gov. Snyder, ex-Treasury chief urge closer ties between Michigan, China

    Gov. Rick Snyder and former Treasury Secretary Henry Paulson Jr. teamed up Monday to emphasize why Michigan should continue to forge closer economic ties to China, in a panel discussion hosted by the Detroit Economic Club.

    • 2:47 PM, Jul. 22, 2014
    • BUSINESS

    U.S. job-training review emphasizes data, employers

    Washington — As the U.S. economy adds new jobs, Americans must have the skills to fill those jobs, President Barack Obama said Tuesday.

    • 7:19 AM, Jul. 22, 2014
    • BUSINESS

    Ann Arbor businessman being honored by White House

    Ann Arbor — The White House is honoring an Ann Arbor businessman with a Champions of Change award.

  3. Bike for your beers at MCBW's 313 event

    The Motor City Brewing Works has created Trois Cent Treize, a cask-conditioned Biere de Garde, to commemorate the city's 313th birthday. Plus, Ferndale's Pig & ...

    • 9:06 AM, Jul. 22, 2014
    • BUSINESS

    Domino's Pizza 2Q profit rises 16%

    Ann Arbor — Domino's Pizza Inc. (DPZ) on Tuesday reported net income that increased by 16 percent in its second quarter, and topped analysts' expectations.

    • 12:18 PM, Jul. 22, 2014
    • RETAIL

    Goodwill, feds investigate possible security breach

    New York — Nonprofit organization Goodwill Industries Inc. is working with federal officials to investigate a possible security breach.

    • 7:39 AM, Jul. 22, 2014
    • BUSINESS

    Comcast 2Q earnings top views on Internet hookups

    Philadelphia — Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a ...

    • 10:36 AM, Jul. 22, 2014
    • REAL ESTATE

    US home sales increase 2.6% in June

    Washington — Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing ...

    • 6:56 AM, Jul. 22, 2014
    • BUSINESS

    China meat scandal hits Starbucks, Burger King

    Beijing — A suspect meat scandal in China engulfed Starbucks and Burger King on Tuesday and spread to Japan where McDonald's said the Chinese supplier accused ...

    • 8:58 AM, Jul. 22, 2014
    • BUSINESS

    U.S. consumer prices up 0.3% in June

    Washington — U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline ...

    • 7:41 AM, Jul. 22, 2014
    • BUSINESS

    Verizon 2Q profit rises 93%

    New York — Verizon is reporting that its second-quarter earnings nearly doubled after securing full ownership of Verizon Wireless.

    • 9:11 AM, Jul. 22, 2014
    • BUSINESS

    McDonald's profit slips; U.S. sales decline

    Oak Brook, Ill. — McDonald's Corp. said its profit slipped in the second quarter as sales in the U.S. continued to flag.

    • 7:06 PM, Jul. 21, 2014
    • BUSINESS

    AK Steel cites 'strategic benefits' in buying Severstal's Dearborn operation

    Russian steelmaker Severstal OAO said Monday it is selling its Dearborn unit formerly known as Rouge Steel to an Ohio company for $700 million as it exits ...

    • 5:11 PM, Jul. 21, 2014
    • BUSINESS

    Ilitches reveal plans for Detroit's new 'sports and entertainment' district

    Detroit The home arena for the Detroit Red Wings would be among the five 'new neighborhoods' with hundreds of new apartments, offices and other mixed-use retail that ...

    • 5:50 PM, Jul. 21, 2014
    • BUSINESS

    Chris Ilitch defends use of tax subsidies for $650M entertainment district

    Christopher Ilitch, president of a billion-dollar empire founded by his parents, defended his family's use of tax subsidies for their $650 million, 45-block ...

    • 9:51 PM, Jul. 20, 2014
    • PERSONAL FINANCE

    Likelihood of a pricier mortgage discourages people from selling

    Washington Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them ...

    • 12:04 PM, Jul. 21, 2014
    • TECHNOLOGY

    Verizon launches rewards program requiring tracking

    New York — Verizon Wireless is launching a nationwide loyalty program this week for its 100-million-plus subscribers.

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