Detroit

Holistic Industries, a cannabis operator from the United States, disclosed the investment of $20 million in its Madison Heights, Michigan headquarters. The investment aims to build an environmentally friendly generator of economic development for the city and its residents.  'Madison...

A recent report by Point2Homes gives insight into America’s most dynamic urban centers. The research focuses on the 150 largest urban cities in the United States and ranks them by metrics such as housing and affordability; education and culture; economic growth; and population. While San...

Innovative mobility solutions are about giving people back their most precious commodity – time, says Chris Thomas, president and cofounder of Detroit Mobility Lab.   Thomas and cofounder Jessica Robinson are determined to make Detroit a leading mobility center – as soon as first quarter 2020....

Cannabis accessory company Ooze Wholesale said Monday it will donate the proceeds from all pink products to the Shades of Pink Foundation and host a food drive to help more than 200 families this Thanksgiving. With October being marked as Breast Cancer Awareness Month and pink being the designated...

In 2014, JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon called Mike Duggan, mayor of bankrupt Detroit, offer aid.  “Why can’t we make Detroit an example of American exceptionalism?” Dimon said of his thinking Sunday on CBS's "60 Minutes." “Have...

The Detroit Fintech Academy kicked off last month with 200 students at the city’s Southeastern High School. The initiative was launched by the Detroit Fintech Association, a nonprofit trade organization founded by Benzinga CEO Jason Raznick. The fintech academy is intended to address a lack...

A 14-acre property in downtown Detroit is switching uniforms from jail blue to maize-and-blue. The University of Michigan announced Wednesday plans for a $300-million research and education center as the anchor of the Detroit Center for Innovation project, located on a site once intended for a new...

In February, Forbes announced its flagship Under 30 Summit would move to Detroit for the next three years. This week, nearly 10,000 of the most innovative minds, across industries including fintech, technology, investing, public policy, philanthropy and more, will converge on the downtown area...

Detroit’s Wayne State University announced a plan this week to eliminate tuition and fees for local students. From some, that will cut the cost of a four-year degree by more than $45,000. The Heart of Detroit Tuition Pledge will be available to Detroit residents working toward a high school...

Beginning Tuesday, the 17,000 people who work for Quicken Loans and its affiliated companies will have access to the Rock Health Collective, an employer-sponsored health care facility. The concierge health facility is powered by Premise Health, a privately held direct health care provider, and...

Detroit-based entrepreneur James Chapman is aiming to increase access to monetary and human capital, helping business owners navigate from poverty to wealth creation, with the startup Plain Sight, a relationship management tool for hiring, procuring clients  and collaboration....

The Detroit Fintech Bay and Fintech Consortium, a fintech incubator, announced a partnership Wednesday with the Center for Smart Infrastructure Finance at the University of Michigan. The development comes amid the pursuit of numerous initiatives that aim to advance innovation and research...

Exponential ETFs, an exchange traded fund issuer and sub-adviser, announced Thursday it has hired Tyrone Ross Jr. as director of financial education to lead its Detroit Invests in You — “DIY” — initiative promoting financial education in Detroit. The DIY program combines...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 117 years ago, the Cadillac Motor Company was founded. Where The Market Was The Dow Jones Industrial Average trade at around 64.40 and the S&P 500 traded at 8.85....