'Entertainment Book' Publisher Closes Up Shop
The Entertainment Book popular gift and, since 1962, a way for metro Detroiters to save some cash.
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The Entertainment Book popular gift and, since 1962, a way for metro Detroiters to save some cash.
In less than a month, Michigan Gov. Rick Snyder will decide whether the state will take over Detroit's broken finances and send in someone to oversee the city's fiscal recovery.
Projections show Detroit's cash on hand dropping as low as $3.6 million by Dec. 21. It stood at $53 million on Friday.
American Suzuki Motor says it decided to exit the car business because of slow sales, unfavorable foreign exchange rates and high costs due to U.S. regulatory requirements
Energy Conversion Devices Inc. (OTC: ENERQ.PK) and its wholly-owned subsidiary United Solar Ovonic LLC last week announced that the United States Bankruptcy Court for the Eastern District of Michigan has confirmed its Second Amended Joint Plan of Liquidation.
John L. Smith always believed real estate development was the safest investment of all, saying "you may not make money, but you won't lose money."
A bank is extending a deadline on a bond transaction that will let the city of Detroit get most of June's revenue sharing payment from the state.
The Detroit News and Detroit Free Press report Monday that Ayanna Kilpatrick claims to owe $345,000 and have monthly expenses of over $3,900.
The sale of United Solar as a going concern won't happen. Its parent company, Energy Conversion Devices, Monday announced that the assets related to the United Solar Ovonic LLC thin, flexible solar panel business will be sold at auction June 26.
It still owes the government just under $12 billion from a $17.2 billion dollar loan it got during the financial meltdown of 2008 and '09.
Hostess Brands Inc. has told Michigan officials that it could lay off all of its 381 employees at 20 locations in the state if the company liquidates as part of its bankruptcy restructuring.
"Detroit ... couldn't survive without a manger," Patterson told attendees at an Chamber of Commerce breakfast at Oakland University on Wednesday.
Citing high debt and legacy costs, Energy Conversion Devices Inc. and its solar panel manufacturing subsidiary United Solar Ovonic LLC filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court for the Eastern District of Michigan.
A Farmington Hills-based company that leads the nation in so-called medi-spa services and has more than 100 locations across the nation has filed for bankruptcy protection.
Creditors have their hands out as the Borders Group Inc. filed for bankruptcy and now, the line is getting longer.
The Wall Street Journal is reporting that the private equity firm that tentatively agreed to purchase bankrupt Ann Arbor-based Borders Group is having second thoughts.
Gov. Rick Snyder tells reporters in Lansing that he is not going to let Detroit or any other Michigan city fall into bankruptcy.
Pontiac's Emergency Manager has written a letter to Executive Brooks Patterson asking for a meeting to discuss the possibilities of merging the city with the county.
Marchionne was reminded of a 2008 op-ed column in which Romney urged the federal government to force automakers into a "managed bankruptcy."
Now that the emergency financial manager bill has passed, how many schools should expect to have the new law applied to their districts?
Borders gets approval from a federal bankruptcy judge to close another 28 stores around the country.
A federal judge is expected to finalize a plan that will lead to the end of what is being called the "old" General Motors
It was a packed house inside the borders book store in Dearborn for the company's liquidation sale.
Liquidation sales get underway Saturday morning at more than 200 Borders bookstores around the country.
A group of car dealers who lost their businesses in Chrysler's 2009 bankruptcy have sued the government, claiming their dealerships were shuttered without adequate compensation.
Four board members voted during a special meeting to place Superintendent Amy Wilcox on paid administrative leave again.
Trinity Health's new leadership council aims to improve engagement with the local residents who get care in Brighton.
Perry Johnson discussed not receiving President Trump's endorsement and the reasons he believes John James did.
Severe "convective" storms account for roughly a third of global natural disaster economic losses, a new study finds.
A mid-Michigan man faces a total of 50 counts of firearm and wildlife violations over illegal deer hunting, the Michigan Department of Natural Resources says.
The president's visit to the Great Lakes state comes less than 100 days before midterm elections that will test his party's grip on Congress.
A new travel connection begins Monday with the Gordie Howe International Bridge opening for vehicle traffic between Detroit and Windsor.
The case of two adults and six children found dead at a home in West Michigan has been determined to be a murder-suicide, deputies said.
Michigan officials are tracking over 1,000 new cases of cyclosporiasis as the outbreak continues to add up.
Four board members voted during a special meeting to place Superintendent Amy Wilcox on paid administrative leave again.
The president's visit to the Great Lakes state comes less than 100 days before midterm elections that will test his party's grip on Congress.
A 23-year-old man who pleaded guilty to conducting a criminal enterprise in connection with a Metro Detroit vehicle theft operation that Michigan officials called "prolific" has been sentenced, according to online court records.
Many newer vehicles are equipped with high-efficiency cabin air filters capable of capturing a significant amount of fine particulate matter.
Lawmakers in Michigan are working to push legislation that would stiffen penalties on noisy vehicles with exhaust modifications.
As the United States marks its 250th birthday, Ford Motor Company is showcasing more than a century of automotive history in a new exhibit that explores the company's role in shaping America.
It was another busy night in Ann Arbor as country singer Morgan Wallen took the stage on Saturday for his second concert in as many days at Michigan Stadium, better known as the Big House. Like any game day at the venue, there's a lot of foot traffic and first responders at every corner.
A group of young performers is taking the stage on Friday night to showcase their talents while celebrating Detroit's culture and history.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
A major weekend in Ann Arbor as fans gear up to see country music star Morgan Wallen take over the University of Michigan Big House stadium on Friday and Saturday.
Behind every video is a true family effort.
Severe "convective" storms account for roughly a third of global natural disaster economic losses, a new study finds.
The president's visit to the Great Lakes state comes less than 100 days before midterm elections that will test his party's grip on Congress.
Crude prices dropped as the U.S. Ambassador to the UN said suspension of attacks is aimed at finding a diplomatic solution.
Food safety experts say cuts to the public health system hobbled the response — and that the next outbreak could be much worse.
Three people were killed and four others wounded in a shooting during a food festival in Seattle, police said. A 15-year-old suspect was in custody.
Trinity Health's new leadership council aims to improve engagement with the local residents who get care in Brighton.
Michigan officials are tracking over 1,000 new cases of cyclosporiasis as the outbreak continues to add up.
According to a CBS News poll released on Sunday, 40% of Americans are buying or eating less produce because of the outbreak of cyclospora, which causes cyclosporiasis. So, CBS News Detroit wanted to know if this sudden shift in eating habits has impacted people and restaurants in Metro Detroit.
Since May, more than 11,000 cases of illness caused by the parasite cyclospora have been reported in 41 states. This comes after the Trump administration drastically cut FDA and CDC staff, prompting one expert to call this summer's outbreaks "a national wake-up call."
A Michigan man is headed to prison for selling misbranded weight-loss drugs imported from China, federal prosecutors said.
Michigan athletic director Warde Manuel will receive a $7.14 million lump sum as part of his separation agreement with the university.
Center fielders Carlos Beltrán and Andruw Jones and second baseman Jeff Kent were inducted into the Baseball Hall of Fame on Sunday.
The Detroit Tigers were edged by the Royals 5-4 at Comerica Park on Sunday afternoon after Kansas City's Michael Massey hit a go-ahead, two-run homer with two outs in the eighth inning.
The Detroit Tigers were defeated by the Royals 3-2 on Saturday after Nick Loftin hit a tie-breaking home run in the ninth inning for Kansas City.
Tarik Skubal had a season-high 12 strikeouts and allowed one run in 7 1/3 innings in what could have been his last home start for Detroit, helping the Tigers to a 2-1 victory over the Kansas City Royals on Friday night.
Perry Johnson discussed not receiving President Trump's endorsement and the reasons he believes John James did.
The conversation turns to rising auto insurance rates across Michigan and new legislative bills in Lansing that would help stem the tide.
The Democratic side of the aisle had an intriguing development earlier this week when state Rep. Mallory McMorrow suddenly dropped out of the contest
Former NBA All-Star/entrepreneur Jalen Rose, DTE's Trevor Lauer and Oakland University president Ora Hirsch Pescovitz headline an all-star Michigan Matters episode.
Mark Hollis, COO of Rocket Entertainment and tournament director of the PGA Tour's Rocket Classic, appears on Michigan Matters.
During a special meeting last week, four board members voted to place Amy Wilcox on paid administrative leave, again.
The Detroit Police Department issued dozens of citations after breaking up a drifting and street racing gathering over the weekend.
A new travel connection begins Monday with the Gordie Howe International Bridge opening for vehicle traffic between Detroit and Windsor.
President Trump visited Metro Detroit on Monday, touring and delivering remarks at General Motors' Milford Proving Ground.
Trinity Health's new leadership council aims to improve engagement with the local residents who get care in Brighton, Michigan.