Business

Prison For 3 Former Fiat Chrysler Executives and Union Officials « Detroit News Watch

DETROIT (AP) – Two former Fiat Chrysler executives and a union official have been sentenced to prison in a corruption scandal at a labor training center. Jerome Durden, who controlled the finances at the UAW-Chrysler National Training Center, was sentenced Wednesday to 15 months in prison. Michael Brown, who helped run the center, was sentenced to a year in prison. ...

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These innovative solutions are addressing the unique health challenges of living in rural Michigan

This article is part of State of Health, a series examining health disparities, how they affect Michigan’s children and seniors, and the innovative solutions being developed to address them. It is made possible with funding from the Michigan Health Endowment Fund.   With pristine waters and rolling farm fields, on the surface West Michigan seems a perfectly healthy place to ...

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This African-American woman architect is bringing fresh ideas to big projects in Detroit

Architect Chandra Moore thrives on big, splashy Detroit projects. She put a 23-foot kitchen island into actor Hill Harper’s renovated home in Boston Edison. She renovated a space adjacent to the the Detroit Symphony Orchestra into a wood-themed retail and lounge area. She designed the quirky concession stands on the Detroit Riverwalk.  Most recently, her firm, coG-Studio is helping to transform ...

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Join us Nov. 13 for our final Equitable Development panel, “Understanding Gentrification in Detroit’

How big of a problem is gentrification? How much affordable housing does the city need at what percentage of area median income to prevent displacement?  On Nov. 13, Stephen Henderson, host of WDET’s Detroit Today, will speaks with panelists on these topics and more at our final panel as part of our Equitable Development series. The event is free and ...

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Regulators Subpoenaed Tesla Production Data, Company Says « Detroit News Watch

DETROIT (AP) – U.S. securities investigators have subpoenaed information from Tesla about production forecasts for the Model 3 electric car that were made last year, the company acknowledged in a regulatory filing Friday. The disclosure in Tesla’s quarterly financial report also says the Securities and Exchange Commission subpoena covered other public statements made about Model 3 production. The filing adds ...

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Rising Prices, Margins Drive GM’s Third Quarter « Detroit News Watch

DETROIT (AP) – Even as auto sales start to ebb in the U.S., China and elsewhere, General Motors posted a strong third-quarter profit, blowing past Wall Street expectations on rising prices in North America and surprising resilience in China. The automaker reported a $2.5 billion third-quarter net profit Wednesday, or $1.75 per share. Excluding one-time items, the company made $1.87, ...

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