Detroit

As the popularity of Nike’s (NYSE: NKE) Air Jordans soared throughout the 2000s, people waited for days at a time just for a chance to cop the highly coveted kicks. If you were one of the unlucky souls left without a pair of new sneakers at retail, you had two options: suffer the inflated...

"CEO" is one of the most challenging job titles in the world of business. When a firm is performing well and things are going well, the praise goes to the top. But if things go wrong and a company isn’t closing deals or bringing in enough revenue, the consequences of missed...

At the 110th NAACP National Convention in Detroit, where President Donald Trump was never far from mind, 10 of the candidates running to unseat him in 2020 showed up Wednesday to make their pitch to black voters. Nine Democratic candidates and one Republican sat down for question-and-answer...

Former New York City Mayor Michael Bloomberg urged the NAACP to hold 2020 presidential candidates accountable and blasted President Donald Trump for his remarks about four first-term Democratic congresswomen during a Detroit visit Wednesday. "He seems to think some of us are not really true...

A decade removed from the financial crisis, the Motor City is reclaiming its position as one of America's urban centers. Among Detroit's class of business-savvy entrepreneurs and innovators is Bruce Schwartz, former CEO of In-House Realty and current "Ambassador of Detroit" for...

Interested in learning about the growing real estate development sector in Detroit? Let's say you’re interested in proposing a new real estate plan, but don’t have the funds to do so. Both national and state programs are available to help. The national programs include conventional...

The PGA held a tournament inside Detroit city limits for the first time ever last week, and counted a quintessentially Motor City brand as one of its sponsors: General Motors Company (NYSE: GM)-owned Cadillac. Benzinga had the opportunity to speak with Victoria Gagliardi, Cadillac's manager of...

Nate Lashley is champion of the Rocket Mortgage Classic. The event, which was held this weekend at the Detroit Golf Club, is the first ever PGA Tournament to take place in the city limits of Detroit. This is also Lashley’s first ever win on the PGA Tour. He took a big lead into Sunday's...

Players teed off Thursday at Detroit's first PGA tournament, the Rocket Mortgage Classic. Here's what players and attendees are saying about the Tour stop. A Sense Of Pride From Detroit’s Own On Tuesday, three of golf's brightest stars — Dustin Johnson, Rickie Fowler and...

KushCo Holdings Inc (OTC: KSHB) said Thursday it will develop a new distribution facility in Taylor, Michigan in order to support its operations in the Midwest. The 40,000 square-foot facility will serve as an anchor for KushCo's growing operations in the Midwest, which includes Illinois,...

Callaway Golf Co (NYSE: ELY) is a staple in the golf industry. The company sponsors many of the tour's most well known players, including Phil Mickelson, Sergio Garcia, and Xander Schauffele. Although these three won't be at this weekend's Rocket Mortgage Classic in the Detroit,...

When Detroit was embroiled in an $18-billion bankruptcy, Mayor Mike Duggan received a call from JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon — and didn’t believe it was him.  It was Dimon on the other end of the line, and the phone call was followed by a $150-million...

The latest round of salaried employee job cuts at Ford Motor Company (NYSE: F) are simply among the things car makers have to do with the global auto industry not growing, Morgan Stanley said Tuesday. What Happened Ford began notifying about 500 salaried employees they’d be among those let go...

Ford Motor Company (NYSE: F) is eliminating 7,000 salaried jobs worldwide, about 10 percent of its global salaried workforce, according to several reports. The cuts will include 500 salaried jobs in North America. What Happened Ford CEO Jim Hackett sent a note to employees notifying them of the job...