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Tony Saunders sets up $25,000 scholarship, internship program for Cass Tech...
Tyler Clifford - The architect of Wayne County's financial turnaround wants the program to serve as a pipeline of civic leaders for Detroit's future.
View ArticleTax reform will have cost for companies that did tax inversions
Dustin Walsh - Michigan companies that moved their domiciles overseas to save money on taxes are finding the tables turned on them by the Republican "Americans First" tax reform plan.
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City of Detroit rolls out new fleet vehicle purchasing plan
Kurt Nagl - A new strategy being implemented by the General Services Department could save the city $20 million in the short-term and $800,000 annually, officials say.
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Domino's unseats Pizza Hut as biggest pizza chain
Jessica WohlAdAge - The Ann Arbor-based pizza chain is letting it be known that it's now "the largest pizza company in the world based on global retail sales."
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Domino's unseats Pizza Hut as biggest pizza chain
Jessica WohlAdAge - The Ann Arbor-based company said its global retail sales exceeded $12.2 billion in 2017.
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MMLA president issues apology letter to Quicken Loans
Kurt Nagl - Jim Wickham said in a 450-word letter that comments he made that appeared in a news story were "an enormous mistake."
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Duggan presents $2 billion budget, sees path to ending state oversight
Annalise Frank - The Detroit mayor's spending plan adds $8 million boost for the police department and $100 million for blight removal and capital projects.
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United Shore HQ relocation gets $1.9 million in brownfield financing
Kirk Pinho - United Shore announced last year that it was moving to Pontiac into a former Hewlett Packard Enterprise building after paying $40 million for it and 60 acres of land and spending another...
View ArticleTroy-based fintech startup selected for Google Demo Day
Kurt Nagl - Bankjoy, a mobile banking platform for credit unions and banks, heads to San Francisco next month with hopes of wooing investors and securing more funding.
View ArticleCity of Detroit seeks bids for banking services
Chad Livengood - The city, which has $1 billion in deposits, will award extra points to firms that have demonstrated a financial commitment to Detroit and those with local or national headquarters in...
View ArticleHamtramck released from receivership
Associated Press - The Detroit enclave will regain full local control and manage internal operations and finances without state oversight.
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Building a behemoth: Detroit's other mortgage mogul
Bill Shea - Mat Ishbia in recent years has grown the wholesale business at Troy-based United Shore Financial Services LLC into a behemoth, the biggest in that industry. But siphoning attention from...
View ArticleTaylor & Morgan purchases Detroit-based Municipal Financial Consultants Inc.
Annalise Frank - The Flint- and Troy-based business and accounting advisory firm is taking on MFCI's municipal advisory expertise.
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First Independence Bank names new chairman and CEO
Tyler Clifford - Kenneth Kelly joins the African-American-controlled Detroit bank after spending nearly three decades as business development manager an Atlanta-based utility.
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Detroit uses surplus to pay off post-bankruptcy bonds 8 years early
Chad Livengood - Paying off the $88 million in bonds early saves the city $11.7 million in interest.
View ArticleCardless ATMs on the rise in metro Detroit
Kurt Nagl - Fifth Third Bank is one of the latest financial institutions to launch the mobile app service as the industry responds to shifting customer behavior and increases its focus on fintech.
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Fed raises rates, steepens path of hikes as outlook strengthens
Craig TorresBloomberg - The upward revision in their rate path suggests Federal Reserve officials are looking through soft first-quarter economic reports and expect a lift this year and next from tax...
View ArticleLevel One Bank files to go public
Tyler Clifford - The Farmington Hills-based bank filed an with the Securities and Exchange Commission on Friday for an IPO to support its growth plans.
View ArticleLevel One Bank files to go public
Tyler Clifford - The Farmington Hills-based bank filed an with the Securities and Exchange Commission on Friday for an IPO to support its growth plans.
View ArticleNew bank planned — first in Michigan since recession
Kurt Nagl - The founder and former CEO of the Bank of Birmingham aims to raise $25 million to $35 million to open a community bank focused on lending for small and medium-size businesses.
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