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Pep Boys has agreed to be taken over by the Gores Group for $15 per share, or about $791 million. Gores Group is run by Alec Gores.
After a fierce day of competition featuring more than 600 students and 25 schools from throughout the State of Michigan, last year's champions, the team from St. John Lutheran School in Rochester, grabbed first place to win this year's Best Future City. St. John also won first place in 2009.
Altair Engineering Inc., developer of the HyperWorks computer-aided engineering software suite, Monday announced the official addition of RadTherm to the array of applications available through the HyperWorks Partner Alliance.
Anyone who doubts that entrepreneurship is red-hot in Michigan should check out Tuesday's Annual Collaboration for Entrepreneurship, 2 to 9 p.m. at Ann Arbor Skyline High School. The ACE12 entrepreneurial leadership program had a large spike in new registrants in the past several days with some 500 new attendees now scheduled to attend.
The Charter Group, one of Michigan's premier merger and acquisition advisory firms with a concentration on middle market transactions ranging from $5 million to $50 million, Monday announced the expansion of its operations to Kalamazoo.
Compuware Corp. (Nasdaq: CPWR) Monday announced several product enhancements that will help its customers overcome the business risks of the "New Normal of Mainframe" by increasing developer productivity and improving application performance management.
The Michigan Department of Education, in partnership with the Alliance for Excellent Education, Monday announced its participation as a state host in the first-ever Digital Learning Day campaign and kick off to Michigan's "Year of the Digital Learner."
Police are encouraging citizens to use the Telephone Crime Reporting Unit at home or in the precinct between 4 p.m. and 8 a.m. for non-life threatening crimes.
MichBio announced that it has formed a Medical Devices, Technology & Manufacturing Committee to enhance its representation and resource capacity for this important biosciences industry sector.
The next time you're in need of creative inspiration, try thinking outside the box -- literally.
Two DTE Energy employees were shot at as they made their rounds at Seven Mile and Woodward, on the city's north side.
Mayor Dave Bing said he is delighted to be part of the attempt to connect businesses with low-income and public housing residents with HUD funded projects.
Matthew Broderick's role in Ferris Bueller's Day Off has been revived in the form of a commercial.
If the Giants win, one New York City family will be chosen to get a super tour of Boston.
The latest awards and industry certifications earned by Michigan's technology-focused companies and institutions
Fire officials are investigating after a man was injured in an Ann Arbor house explosion Monday morning. CBS News Detroit's Jordan Burrows gives the latest updates from the scene.
The Michigan State Spartans celebrated a weekend of commencement ceremonies.
Families poured in to check out this Michigan treasure.
The City of Detroit's Easter Fun Fest returns to provide families an opportunity to not only get outside and be active, but ring in the holiday with some fun.
Mixed media artist Donald Calloway has been creating art in some form or fashion most of his life. His art studio takes you on a journey, as his creative collection of his art runs the gamut.
Soon after a positive test, Dorfman found himself hospitalized, on a ventilator and in a medically induced coma.
It has been 12 days since anyone has seen Armani Kelly, Montoya Givens and Dante Wicker. Now, a Facebook live video conversation has surfaced where Kelly is seen talking with three men about coming to Detroit only two days before he went missing.
A Plymouth man's cancer diagnosis hit the reset button on how he lived his life. Since then, he and his family have been giving back to others facing the same struggles.
The Sphinx organization gives a platform to Black and Latinx performers of all ages.
