Crain's Detroit Business
Crain's Detroit Business is part of Crain Communications, a major privately held business media organization that owns over 20 brands. Since its founding in 1985, Crain's Detroit Business has been dedicated to supporting readers in their business endeavors. Whether through our website or our weekly print publication, we provide essential news, insights, and information about the business landscape in Southeast Michigan, catering to leaders in both private and public sectors.
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1 day ago |
crainsdetroit.com | Amy Barczy
Henry Ford Health is bringing in temporary staff to keep its Rochester hospital running next week as a union is planning a four-day strike starting Monday. More than 300 nurses in the Office and Professional Employees International Union at the Henry Ford Rochester Hospital plan to go on strike 7 a.m. Monday until 6:59 p.m. Thursday, said OPEIU Local 40 Vice President Danielle Drouillard.
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3 days ago |
crainsdetroit.com | Kurt Nagl
Electric truck startup Bollinger Motors has exited bankruptcy court thanks to more financial aid from parent Mullen Automotive Inc., whose chief has ambitious plans for a rebound set in Michigan. California-based Mullen acquired an additional 21% of Bollinger, bringing its ownership stake in the Oak Park-based company to 95%, Mullen announced Monday as it executed its second reverse stock split in as many months to stay compliant with Nasdaq rules on share prices.
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3 days ago |
crainsdetroit.com | Nick Manes
Rocket Companies Inc. is one step closer to closing its deal to acquire online real estate brokerage Redfin Corp. Shareholders of Seattle-based Redfin (NASDAQ: RDFN) on Wednesday approved the planned acquisition by Rocket, the mortgage and consumer finance giant (NYSE: RKT) headquartered in downtown Detroit. The $1.75 billion all-stock deal aims to position Rocket’s mortgage lending business — the third largest in the nation — even closer to the would-be homebuying consumer.
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4 days ago |
crainsdetroit.com | David Eggert
LANSING — Landlords would have to start making repairs within days of being notified of defective conditions under "tenant empowerment" legislation up for debate in the Michigan Senate. The Democratic-sponsored measures, Senate Bills 19-22, would create timelines for landlords to initiate repairs upon receiving written notice from renters.
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4 days ago |
crainsdetroit.com | Nick Manes
After a years-long “labor of love” renovation project, a Bloomfield Township house just off Walnut Lake is for sale for $1.6 million. Built in 1976, the house was constructed in a mid-century modern style that homeowners Rick and Melissa Kewley sought to update to a more modern aesthetic, while also fixing grading issues that they said led to a frequently slippery driveway during Michigan’s cold months.
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