What’s behind the persistent shortage of lifesaving EpiPens

Mylan and Pfizer are still struggling with manufacturing issues for the EpiPen anti-allergy injector

| 4 hours ago

Markets wrap: Stocks sink, bonds gain as U.S.-China feud deepens

U.S. stocks slumped and Treasuries rallied after Trump said he’ll respond to new Chinese tariffs and blasted Fed Chairman Powell

| 8 hours ago

Tesla critic David Einhorn wants Elon Musk to resign over solar controversy

It only took 12 hours for David Einhorn, a well-known Tesla Inc. critic, to wade into the controversy over the company’s solar systems

| 10 hours ago

Chipmakers and Apple tumble as tariff uncertainty spikes

Semiconductor companies and Apple Inc. fell sharply on Friday, as the trade war between the U.S. and China continued to escalate

| 10 hours ago

Trump says he’s poised to escalate China trade war within hours

Trump said he’ll respond to the latest round of Chinese tariffs Friday afternoon, signaling mounting frustration with the trade negotiations

| 10 hours ago

Leather wallets, loose change pose danger for new Apple Card

Cardholders are discovering they have to give it special care

| 11 hours ago

China hits back with higher tariffs on U.S. cars, soybeans, oil

In addition to new levies, China will resume a 25% tariff that was previously put on U.S. cars, and a 5% tariff on car parts and components

| 12 hours ago

U.S. new home sales slid 12.8% in July

Sales of new U.S. homes fell a steep 12.8% in July as higher prices and limited inventory sidelined would-be buyers

| 13 hours ago

Chairman says Fed will aid economy but no clear hint on rates

Powell pointed to increasing evidence of a global economic slowdown and suggested that uncertainty from Trump’s trade wars have contributed

| 13 hours ago

Developers deliver on some of Detroit community benefits promises

Developers are making good on some promises, but they're struggling to find enough Detroiters for skilled trades work

| 12 hours ago

Overstock CEO resigns after ‘Deep State’ comments roil stock

The CEO of Overstock.com resigned, saying he’d become “far too controversial” to helm the e-commerce company known for discounted sofas and jewelry

| 1 day ago

Major carriers, state AGs will work to combat robocalls

Major phone companies have pledged to do more to fight robocalls plaguing Americans, the country’s state attorneys general say

| 1 day ago

Apple readies camera-focused Pro iPhones, new iPads, larger MacBook Pro

Three new iPhones will be introduced at an event next month

| 1 day ago

Qantas tests 20-hour non-stop flights to see if passengers can bear it

The Australian airline wants to start direct flights connecting Sydney to New York and London as soon as 2022

| 1 day ago

Is Trump relying on American consumers to save economy from recession?

The recent upheaval in financial markets and some key indicators flashing red have begun to weigh on consumers’ moods

| 1 day ago

As global economic picture dims, solutions seem out of reach

Central banks can’t just slash interest rates. Rates are already ultra-low, and they risk robbing themselves of the ammunition to later on

| 1 day ago

Victoria’s Secret considers a change in marketing with everything on the table

It’s an acknowledgment that a change is needed from its push-up-bra aesthetic, even as rivals lean into female empowerment and body positivity

| 1 day ago

Big Boy tries counter service, expands to Asia

A few traditional Big Boy restaurants will also open in the next year in Michigan, including a Woodward location where Pasquale's was for 65 years

| 1 day ago

Long-term mortgage rates near historic lows: 30-year 3.55%

Long-term mortgage rates are near historic low levels, the average on the benchmark 30-year loan fell this week to its lowest since Nov. 2016

| 1 day ago

Google counters Apple, Firefox with a plan for online privacy

Google outlined a plan to make the web more private while still allowing enough targeted advertising to keep publishers – and itself – in business

| 1 day ago

European Central Bank weighs stimulus mix as Germany slows

The European Central Bank is weighing stimulus measures including an interest rate cut and new bond purchases

| 1 day ago

It’s official: Starbucks’ Pumpkin Spice Latte returns Tuesday

It's the earliest release of the popular fall drink

| 1 day ago

Dream Cruise Future Classics: BMW i8, Ford Raptor, Tesla

2 days ago

‘Stranger Things’ fans bring cameras, wallets to Georgia

Soon after Netflix released “Stranger Things,” fans of all ages came into Bradley’s Big Buy grocery store in Palmetto, Georgia

| 2 days ago

Fed officials widely divided on rates at July meeting

Two officials believed the Fed should have cut its benchmark policy rate evem more, while others argued for no rate cut at all

| 2 days ago

Detroit prepares loans to help Avenue of Fashion businesses

Loan program is aimed at dozens of shop owners who contend they have lost 40% to 60% of their business due to the city's overhaul of Livernois Avenue

| 2 days ago

Huntington Bank gives $5M to boost Detroit’s Warrendale area

Detroit officials plan to improve the Warrendale/Cody Rouge neighborhood through a $5 million boost announced Wednesday with Huntington Bank

| 1 day ago

Block party to celebrate new name for Cobo

Chemical Bank, now TCF Bank, acquired the rights to rename the convention center

| 2 days ago

U.S. has 501K fewer jobs than first reported

Revised figures show the economy had 501,000 fewer total jobs this March than initially reported

| 2 days ago

Germany sells long bond at negative rate amid growth fears

The German government sold 30-year bonds at a negative interest rate in a sign of the clouds over markets and future growth

| 2 days ago

U.S. home sales rose 2.5% in July, aided by low mortgage rates

Low rates are providing a boost to a housing sector where affordability remains an obstacle for many would-be buyers

| 2 days ago

No misfires from Target in second quarter and profits soar

The Minneapolis company raised profit expectations for the year, sending shares up nearly 12% before the opening bell Wednesday

| 2 days ago

Why soybean farmers fund bridge inspections

Michigan counties struggling with aging infrastructure are turning to an unlikely source for advanced bridge inspection technology: Soybean farmers

| 2 days ago

Volcker Rule trading revamp approved in win for Wall Street

Democratic FDIC board member warns rollback could allow lenders to recklessly trade assets like they did before the 2008 financial crisis

| 3 days ago

Home Depot cuts outlook citing tariffs, lumber prices

Home Depot cut its sales expectations for the year as lumber prices slid and the company braces for the potential impact of tariffs on its customers

| 3 days ago

Elanco becomes 2nd largest animal health company after $7.6B deal

The deal will mean half of Elanco’s business will be in the lucrative pet products market; the other half will be generated by livestock related sales

| 3 days ago

Huawei expects no relief from US sanctions but is confident

The founder of Chinese tech giant Huawei said Tuesday he expects no relief from U.S. export curbs because of the political climate in Washington

| 3 days ago

US airlines expect record crowds over Labor Day weekend

Airlines expect record crowds over the week-long Labor Day period, continuing a rise in travel that has boosted the airlines’ profits all year

| 3 days ago

Department stores make room for used fashion

Department stores that have watched some customers flock to second-hand stores are trying to bring them back by partnering with online resale sites

| 3 days ago

Dan Gilbert returns to Michigan from Chicago rehab center

The Quicken Loans chairman had a stroke on May 26

| 3 days ago