Chrysler Group Reluctantly Prepares For IPO
Chrysler Group is reluctantly preparing for an initial public offering of some of its shares.
Watch CBS News
Chrysler Group is reluctantly preparing for an initial public offering of some of its shares.
Chef Leickfelt specializes in a creative and eclectic menu, based he said, on the season and what he sees available at Eastern market and other local food outlets.
The Southeast Michigan Regional Energy Office is offering a new residential solar energy financing program and a rebranded home energy efficiency audit program.
As GM makes a move to buy shares now owned by a retiree health care trust fund, word comes that the company has regained its investment grade status from a top ratings agency.
By now every driver knows the drill: the price of gas ratchets up, there's an outcry among motorists, and then things settle down as the higher price becomes the new normal. And unfortunately, there's no going back to the "good ole days."
"I know it's an impossible dream, but if we can tear down every house that ought to be torn down, can you imagine what the city of Detroit would look like?" Archer said.
An early Labor Day helped August car sales, at the expense of September.
The United Way of Southeastern Michigan is launching a four day Stuff-the-Bus campaign Monday.
This year marks a decade worth of research - examining the role of women in leadership positions within Michigan public companies.
If you've been searching for employment, this could be your lucky break.
Emergent BioSolutions Inc. is planning to open a new Michigan facility to expand production of its BioThrax anthrax vaccine to protect U.S military personnel against a leading biological weapons threat.
Some black business owners say they've seen strong growth in Michigan, but are frustrated at not being included in major economic development projects.
The Michigan Economic Development Corp. announced approval of Michigan Business Development Program incentives to three companies planning expansions in the state.
The fifth installment of the annual ArtPrize international art competition is getting underway in Grand Rapids. Hundreds of entries from 45 states and 47 countries are in the running.
Jack Dorsey, founder of Twitter/Square, paid a visit to downtown Detroit Tuesday night to host a free forum with local business owners designed to encourage economic growth in the city.
A driver crashed an SUV into the Evans Terminal at Detroit Metro Airport Friday morning.
Livonia police have arrested two suspects after a man was found fatally stabbed in the roadway early Thursday night.
The 2026 Chevrolet Detroit Grand Prix presented by Lear returns to the streets of downtown Detroit on Friday, May 29.
As thousands descend on downtown Detroit for Grand Prix weekend, some residents are questioning whether the traffic and road closures are worth it.
The home where a fatal shooting took place may have been hosting an "after prom" party, Hazel Park police said.
The UAW became known for fighting for higher wages, improved benefits and safer working conditions for workers across the auto industry.
Stellantis unveiled a nearly $70 million five-year strategic plan with the launch of new vehicles — including hybrids and EVs — over the next five years.
From classic cruisers to new memories still being made, the Woodward Dream Cruise remains a celebration of Michigan's automotive culture.
If you are planning a road trip for Memorial Day weekend, remember that the cost of gas this year is noticeably higher than last year.
Michigan is demanding repayment of $35 million from the American Center for Mobility, a key player in autonomous vehicle development.
Many artists announced for the Freedom 250 concert series in Washington, D.C., this summer, say they won't be performing.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
For three days, Detroit is the epicenter of techno music with this Memorial Day weekend tradition, and the music lovers made sure to attend the final day of the Movement Festival on Monday.
The community space, which has been under renovation since October 2025, includes a swing set, play area and seating with umbrellas.
One hundred men were dressed to the nines on Sunday afternoon on Livernois Avenue in Detroit for the sixth annual 100 Men in Suits initiative.
One climber was rescued from the 17,200-foot basin on Alaska's Mount McKinley, and the search for three remaining climbers who also fell is now a recovery effort, the National Park Service said.
The rush to build thousands of U.S. data centers is driving demand for some workers, though economists project fewer permanent jobs.
Shrey Parikh of Rancho Cucamonga, California, emerged victorious Thursday in the 98th annual Scripps National Spelling Bee.
Lynette Hooker was reported missing by her husband in early April after the couple allegedly went for a nighttime ride aboard a dinghy.
The department said it is preparing for the banknote in response to legislation proposed last year.
A Northville dentist is facing 43 felony charges in an alleged Medicaid fraud scheme.
Michigan lawmakers are considering bills to allow doctors to prescribe life-ending medication to terminally ill patients.
The tentative agreement means roughly 300,000 Blue Cross members will continue receiving care at Michigan Medicine facilities as in-network services.
Two Detroit nonprofit organizations have partnered together to fight food insecurity for elementary school students.
St. Clair County health officials have identified the county's first salmonella case linked to a multistate outbreak associated with backyard poultry.
Miguel Vargas hit a two-run homer with two outs in the 10th inning to give the Chicago White Sox a 4-3 victory over the Detroit Tigers on Friday night.
As thousands descend on downtown Detroit for Grand Prix weekend, some residents are questioning whether the traffic and road closures are worth it.
Every time Santino Ferrucci hits the track, he's racing for more than just a spot at the top of the podium.
Detroit police, fire, and city officials say public safety coordination for Grand Prix weekend has been underway for months, with enhanced technology, crowd management resources, and additional emergency services set to be in place.
Grayson Rodriguez pitched five strong innings as the Los Angeles Angels beat the Detroit Tigers 7-1 for their fifth victory in six games.
Bob Riney, president and CEO of Henry Ford Health, headlines Michigan Matters this Sunday, along with three other community champions who discuss important issues dissected at the Mackinac Policy Conference.
It's the fourth year the Detroit Grand Prix has been on the streets of the Motor City after moving from Belle Isle.
This week on Michigan Matters, the roundtable talks about the governor's race and the impact of former Detroit Mayor Mike Duggan.
The roundtable discusses the impact of rising gas prices and friction at the federal level with Canada and the U.S., and how it affects tourism.
Life Directions has been helping guide and mentor young people in Detroit.
As high pressure continues, we remain sunny and warm with a slight cooldown on Saturday only.
Detroit's Grand Prix weekend is drawing an estimated 150,000 attendees to downtown, with organizers projecting more than $100 million in visitor spending — but some residents are questioning whether the road closures and congestion are worth it.
Bob Riney, president and CEO of Henry Ford Health, headlines Michigan Matters this Sunday, along with three other community champions, who talk about important issues being dissected at the Detroit Regional Chamber's Mackinac Policy Conference
Teen "takeovers" have been popping up nationwide, including in Detroit and Pontiac. Now, community leaders and business owners in Pontiac say they are taking a new approach, meeting directly with young people involved and working to create safe spaces and positive outlets.
President Trump announced Friday he would be making a "final determination" on a potential agreement with Iran during a meeting in the White House Situation Room. Natalie Brand reports.