Rick Snyder

The FBI and a federal grand jury have been investigating former Michigan House speaker Rick Johnson (R) for more than two years for suspicion of taking bribes in return for awarding medical marijuana licenses, reports The Detroit News. According to three...

Kristin Hope wanted opportunity. “Growing up in Silicon Valley but never really being able to break into the tech industry there, I thought, 'maybe this is my shot,'” Hope, a copywriter and digital marketer at fintech startup Autobooks, said Wednesday during a roundtable...

Apple Inc. (NASDAQ: AAPL) supplier Foxconn Technology Group has a multibillion-dollar autonomous vehicle research-and-development facility development planned for Michigan, according to the South China Morning Post. The announcement follows Foxconn’s July announcement of a $10 billion LCD...

Six Michigan officials are facing charges related to the Flint water crisis, specifically a Legionnaires’ disease outbreak in Genesee county tied to polluted water from the Flint River. Michigan’s Attorney General Bill Schuette held a press conference Wednesday announcing the charges,...

JPMorgan Chase & Co. (NYSE: JPM)'s CEO Jamie Dimon committed to investing $100 million in the city of Detroit back in 2014. Detroit is considered by some to be America's comeback city and is also home to Benzinga's headquarters. Dimon said in an interview with Bloomberg that he would have...

The Detroit News revealed that Tesla Motors Inc (NASDAQ: TSLA) has made additional steps toward serving customers in Michigan. The company applied for a collective group of licensing that would allow Tesla to "sell and service its luxury electric vehicles in Michigan" late last...

Benzinga will be moving its headquarters to the heart of Detroit in just a few short weeks, so this will be the last of our monthly series highlighting establishments and exciting things going on in our new home. To read another cool piece in the series about Detroit being green, click here....

Morgan Stanley issued a note Wednesday on Michigan Governor Rick Snyder signing a bill to prevent Tesla Motors Inc (NASDAQ: TSLA) from operating its own stores in the state. Analysts led by Adam Jonas noted that while Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM)...

JPMorgan Chase (NYSE: JPM) electrified Detroit on Wednesday when CEO Jamie Dimon announced the company’s $100 million investment in the city. The money will be used to offer capital to support small businesses, train the workforce, fight blight and several other initiatives. Governor Rick...

Detroit city attorneys filed a plan of adjustment with the bankruptcy court today to deal with the city's $18 billion in secured and unsecured debt. The plan proposes investing roughly $1.5 billion over the next 10 years to city services, including police and fire services, garbage removal and...

In a mere two paragraph-long statement entitled, “Comments on Holiday Performance,” J.C. Penney (NYSE: JCP) didn’t have much to say. The market did, with JCP shares closing down more than 10 percent on the day Wednesday, closing at $7.37, off by $0.82. In the statement, the company said it...

There has been a lot of hype surrounding Apple's (NASDAQ: AAPL) pledge to invest $100 million in domestic manufacturing. The company is spending that money to build some Mac computers domestically. MacBooks may not be included in this effort, but the new Mac Pro is already on the list of products...

Few people recognize the growth that is occurring in Detroit and its surrounding cities. Between the auto industry layoffs and the plethora of decaying buildings, the mainstream media has painted a picture of disaster and despair. Contrary to those reports, there are thousands of individuals...