Ilitch Holdings

The Detroit Tigers spiraled out of control this year, on pace for their worst record in more than 10 years. Chris Ilitch, president and CEO of Ilitch Holdings, has remained quiet since assuming leadership of the team after the death of his father, Mike, in February. With that, I'm sticking my...

The Detroit City Council approved $34.5 million in subsidies for the billionaire-owned Pistons’ move downtown Tuesday, using captured taxes that include a millage intended to pay off $500 million in Detroit school debt. The 7–2 vote comes the morning after U.S. District Judge Mark...

A lawsuit that seeks to block the use of public school funds for the Detroit Pistons’ move from the suburbs to the Little Caesars Arena under construction downtown could “kill” the project and trigger a municipal bond default, the city’s attorney said Monday. Community...

Lloyd Blankfein, CEO of Goldman Sachs (NYSE: GS), was in Detroit on Tuesday, along with Berkshire Hathaway (NYSE: BRK-A) CEO Warren Buffett and several Michigan and Detroit-area politicians and businessmen. Blankfein and Buffett introduced the launch of Detroit's 10,000 Small Businesses, a $20...