Macy's rejects $5.8 billion buyout ahead of layoffs, store closings
The rejection comes as Macy's struggles to surmount an industrywide sales slump brought on by online competitors.
The rejection comes as Macy's struggles to surmount an industrywide sales slump brought on by online competitors.
A delivery of drugs in a Sony PlayStation box led agents to a location in Novi where a drug organization stored more than 30 kilograms of fentanyl and over half a million dollars, the United States Attorney's Office announced Wednesday.
A $2 bill with a red seal can sell for $300 to $2,500. Those with brown or blue seals can sell for hundreds.
Peter Counseller, 57, of DeWitt, is charged with one count of embezzlement of $100,000 or more and two counts of filing false tax returns.
A 63-year-old disbarred attorney pleaded guilty to stealing more than $40,000 from an elderly client, the Michigan Attorney General's office announced Tuesday.
Craig Macauley, of Kalamazoo, pleaded guilty in October 2022 to three counts of embezzlement from a vulnerable adult, $1,000 to $20,000. He is ordered to pay $30,000 in restitution.
Peer-to-peer payments, cash card purchases and other transactions have been disrupted, Square said.
Customers took to social media to express concern and frustration after payments didn't up up in their accounts.
New federal rule prohibiting the production and sale of some incandescent light bulbs could speed adoption of LED lights.
It can happen to anyone. You go to work, but your employer doesn't pay you all of the money you earned. It's called wage theft.
Council member Linh Song says the program aims to help reduce poverty in the city, especially for residents who took on side businesses to supplement their income.
The growing trend led to a staggering $8.8 billion in losses last year, according to government data.
The district 2 representative says the idea came after she tried to make a purchase with cash at Plum Market downtown, but her money wasn't accepted.
A nonprofit in Macomb County that gives resources to kids and their families in the foster care system is asking for the public's help.
Whether it's five, ten or twenty bucks, 17-year-old Ian Weinberg says any money you can put away to save when you're young will help you later.
The Sterling Heights event is a fundraiser for the Capuchin Ministries, which includes the Capuchin Soup Kitchen, Solanus Casey Center, Seraphic Mass Association, Capuchin Retreat, and Father Solanus Guild.
It turns out that money can buy happiness for most people — although some may remain miserable no matter what.
The home-improvement store said it is investing $1 billion in pay raises for its employees.
At first glance, a "buy now, pay later" plan's promise of no interest or upfront fees can seem more appealing than a credit card's terms. Dividing a transaction into, say, a pay-in-four installment plan sounds straightforward and manageable.
Large events like this week's NFL draft are ripe opportunities for criminals, from human trafficking to price gouging and scams. Michigan Attorney General Dana Nessel is tackling the different ways you can protect yourself from becoming a victim.
As the NFL Draft puts the finishing touches ahead of Thursday, the Detroit Police Detroit is doing final checks on its security plan, which it's been developing over the last year.
Three teens were charged Tuesday in connection with the assault of a Warren police officer during a fight at Lincoln High School.
Oakland County Prosecutor Karen McDonald announced Tuesday that she is seeking reelection, saying more still needs to be done.
The Full Pink Moon may be difficult to see tonight. But drier conditions, less wind, and cooler temperatures move in for Wednesday.
Marshella Chidester, 66, is suspected to have been driving drunk when she allegedly crashed into a building at the Swan Boat Club property, killing two children.
Large events like this week's NFL draft are ripe opportunities for criminals, from human trafficking to price gouging and scams. Michigan Attorney General Dana Nessel is tackling the different ways you can protect yourself from becoming a victim.
The mother of two young siblings who were killed after a vehicle crashed into a Michigan boat club during a birthday party is suing the suspect, who is accused of drunk driving.
As the NFL Draft puts the finishing touches ahead of Thursday, the Detroit Police Detroit is doing final checks on its security plan, which it's been developing over the last year.
Three teens were charged Tuesday in connection with the assault of a Warren police officer during a fight at Lincoln High School.
Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
Workers at Mercedes-Benz factories near Tuscaloosa, Alabama, will vote next month on whether they want to be represented by the United Auto Workers union.
After leading the United Auto Workers on its historic strike against the Detroit Three automakers, Shawn Fain has been named on Time's list of the most influential people of 2024.
General Motors and real estate firm Bedrock announced Monday the automaker's headquarters will move to the Hudson's Detroit development in downtown Detroit from the Renaissance Center.
With U.S. electric vehicle sales starting to slow, Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.
Mary J. Blige, Cher, Foreigner, A Tribe Called Quest, Kool & The Gang, Ozzy Osbourne, Dave Matthews Band and Peter Frampton have been named to the Rock & Roll Hall of Fame.
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
Guitar legend Dickey Betts, who co-founded the Allman Brothers Band and wrote their biggest hit, "Ramblin' Man," has died.
Charli XCX and Troye Sivan are teaming up to co-headline an arena tour across North America, which will kick off here in Detroit.
Jurors in former President Donald Trump's trial in New York heard testimony from a former media executive about his efforts to bury negative stories about Trump before the 2016 presidential election.
Regulators prohibit new noncompetes, which impede millions of U.S. workers from getting a better job.
Over 100 victims of Larry Nassar, who was convicted of sexual abuse and child pornography, will receive a settlement from the Justice Department.
Customers who rely on government assistance programs can get same perks as Prime members, for less.
UnitedHealth said it paid the criminals behind attack that crippled hospitals and pharmacies to protect sensitive patient data.
UnitedHealth said it paid the criminals behind attack that crippled hospitals and pharmacies to protect sensitive patient data.
The Michigan Legislature is considering two bills that could make getting access to hormonal birth control a little easier.
Health officials are warning consumers not to consume Infinite Herbs basil sold at some Trader Joe's and Dierberg's stores after 12 people were sickened.
Organic option is best when buying certain produce, especially blueberries, nonprofit group says in analysis of chemical residues.
MDARD officials say the virus, which was first detected in Michigan in 2022, was found in Newaygo County, making it the seventh flock in the state in the last two years.
The NFL draft has taken the show on the road for a decade, giving cities around the country a chance to be in the spotlight.
Employees of the company tasked with rapidly personalizing jerseys for each first-round NFL draft pick as they are announced don't need to travel very far for this year's player selections in Detroit.
Over the next 72 hours, the NFL is unpacking and installing all the equipment fans will enjoy when the gates open at noon on Thursday..
Gov. Gretchen Whitmer has proclaimed April 22 to 28 as NFL Draft week in Michigan.
Teams from across the Motor City and beyond took to the pool lanes of the WSU natatorium.
The Motor City is putting the final touches in place for the 2024 NFL Draft as it rolls into Detroit next week.
Michael Bickers, Regional President of PNC Southeast Michigan/Detroit, and Eric Poe, CEO of CURE Auto Insurance, appeared on CBS Detroit's Michigan Matters.
Businesses across Michigan are feeling optimistic about the future after weathering the historic 100-year health pandemic that impacted every company in one way or another.
Three leaders talked about how the region is doing to help people deal with mental health issues.
The issue of abortion and IVF was also discussed during the roundtable, along with thoughts on how they might sway voters this fall.
Large events like this week's NFL draft are ripe opportunities for criminals, from human trafficking to price gouging and scams. Michigan Attorney General Dana Nessel is tackling the different ways you can protect yourself from becoming a victim.
As the NFL Draft puts the finishing touches ahead of Thursday, the Detroit Police Detroit is doing some final checks on its security plan, which it's been developing over the last year.
We dive below freezing Wednesday night, but heat closer to 80 is possible over the weekend.
Former federal prosecutor Richard Convertino breaks down the second day of former president Donald Trump's hush money trial.
Military scientists have identified the remains of an Army Air Forces pilot from Michigan eight decades after he died during a World War II bombing mission in Southeast Asia.