BUSINESS

The latest business coverage from Detroit and Metro Detroit.

A foggy night view of a well-lit gas station in Jordan, providing an atmospheric urban scene.

Gas Prices Squeeze Metro Detroit Restaurant Owners

Rising fuel costs from Middle East conflict are hitting Metro Detroit restaurants hard, with expenses compounding across supply chains and vendor invoices.

Aisha Laurent | March 20, 2026

A modern office environment featuring a foosball table with employees engaging in teamwork.

Rocket Companies Offers Voluntary Buyouts to Cut Workforce

Rocket Companies offers voluntary employee buyouts as the Detroit mortgage giant adjusts its workforce amid declining housing market demand.

By James Okafor | March 20, 2026

Close-up of two cannabis buds held in open hands, showcasing texture and detail.

Michigan's 24% Marijuana Tax: What Businesses Need to Know

Michigan increased its cannabis excise tax from 10% to 24% starting 2026. First payment due April 15, 2026. Here's what dispensaries and cultivators need to know.

By James Okafor | March 20, 2026

Creative concept depicting a hand reaching towards abstract swirling particles.

Google DTE Energy Data Center Deal Southeast Michigan

Google commits to 2.7 gigawatts of power from DTE Energy for a new data center in Van Buren Township near Detroit.

By James Okafor | March 17, 2026

Detroit Bonds Down, Pension Costs Up: 2026 Financial

Detroit paid off bankruptcy bonds early, but rising pension obligations threaten the city's financial recovery. A closer look at municipal debt.

By James Okafor | March 16, 2026