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2024 NFL Draft Recap: Quarterbacks, Wide Receivers, Detroit Set Records, Who Will Win Rookie Of The Year?
Monday, April 29, 2024 - 3:20pm | 1084The 2024 NFL Draft is in the books. For three days, more than 200 college football players were selected across seven rounds in the event held in Detroit. Here's a look at some of the top storylines from the 2024 NFL Draft and the opening betting odds for NFL Rookie of the Year. Offense Dominates:...
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Detroit's First Marijuana Retailers, GOP Cannabis Research Bill, New Jersey's $10M Funding Program
Wednesday, December 28, 2022 - 2:54pm | 573Detroit Awards First Rec Cannabis Retail Licenses Last week, Detroit officials awarded the first 33 recreational cannabis licenses after a months-long reviewing process. The Office of Marijuana Ventures & Entrepreneurship gave the green light to licenses for 13 non-equity applicants and 20...
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Rocket Community Fund, City Of Detroit Invest $5M To Drive Neighborhood Housing Recovery
Thursday, April 15, 2021 - 9:00am | 403In partnership with the City of Detroit, the Rocket Community Fund — the philanthropic arm of Rocket Companies Inc’s (NYSE: RKT) Family of Companies — announced a joint $5-million investment Thursday in the Rehabbed & Ready program. What Happened: In a move to fuel...
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Jamie Dimon Talks $200-Million Detroit Investment On '60 Minutes'
Monday, November 11, 2019 - 12:48pm | 623In 2014, JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon called Mike Duggan, mayor of bankrupt Detroit, offer aid. “Why can’t we make Detroit an example of American exceptionalism?” Dimon said of his thinking Sunday on CBS's "60 Minutes." “Have...
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'We're All In': JPMorgan Chase Increases Detroit Investment To $200M
Wednesday, June 26, 2019 - 9:33pm | 658When Detroit was embroiled in an $18-billion bankruptcy, Mayor Mike Duggan received a call from JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon — and didn’t believe it was him. It was Dimon on the other end of the line, and the phone call was followed by a $150-million...
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Detroit To Host Forbes Under 30 Summit Through 2021: 'A Place For Innovation'
Tuesday, February 26, 2019 - 4:18pm | 743In another sign of the increasing recognition Detroit is receiving for its entrepreneurial and tech scene, Forbes announced Tuesday that it’s bringing its Under 30 Summit to the Motor City for the next three years. The 2019 Under 30 Summit Detroit is set for Oct. 27-30 and is expected to draw...
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Chemical Bank Wins Naming Rights To Detroit's Cobo Center
Wednesday, February 20, 2019 - 4:55pm | 536Chemical Financial Corporation (Nasdaq: CHFC), the parent of Chemical Bank, has won the naming rights for Detroit’s Cobo Convention Center for the next two decades. What Happened The Detroit Regional Convention Facility Authority said in its announcement that Chemical, Michigan’s...
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Highlights From Detroit's CityLab Conference
Thursday, November 1, 2018 - 3:16pm | 824Detroit is a city rich in history with narratives of achievement and revival that continue to unfold. The city played host to The Atlantic's CityLab conference, welcoming leaders, executives and peers from around the world to discuss the challenges faced by cities. “Cities are...
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Mayors, Education Leaders Discuss Opportunities In Big Cities At CityLab Detroit
Monday, October 29, 2018 - 4:36pm | 697During the CityLab Detroit Conference, several public officials and higher education leaders from across the country discussed ways in which communities and universities are unleashing opportunity and seeking talent on a city level. The panelists within the political sector included Detroit...
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Detroit Suspends Airbnb Enforcement Pending Review Of New Zoning Law
Friday, February 9, 2018 - 9:38am | 517Detroiters awoke Friday to reports the city had enacted a new zoning ordinance that bans the online hospitality marketplace Airbnb from operating in the districts where the majority of its hosts exist. Enforcement Suspended As City Conducts Legal Review The new zoning ordinance went through...
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Detroit's Tallest Building Breaks Ground: 'This Is Going To Be A Site Of Our Recovery'
Thursday, December 14, 2017 - 1:58pm | 866A groundbreaking was held Thursday for a $1-billion, 800-foot development on the onetime site of the Hudson’s department store in downtown Detroit that will be the city’s tallest structure once completed. The 1.1-million-square-foot development by Dan Gilbert’s Bedrock real estate...
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One Detroit Councilwoman Wants The City To Buy Back Every Occupied Home In Foreclosure
Friday, July 28, 2017 - 8:44am | 1284A Detroit City councilwoman is proposing the city buy back all occupied homes foreclosed for delinquent property taxes and return them to their occupants. The resolution from City Councilwoman Mary Sheffield would ask Mayor Mike Duggan to exercise the right of first refusal, which allows cities to...
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Alibaba Links Entrepreneurs With China, A Market Jack Ma Says Can't Be Ignored: 'You Will Miss The Future'
Wednesday, June 21, 2017 - 7:26am | 721Gateway '17, Alibaba Group Holding Ltd (NYSE: BABA)’s first conference of this kind in the United States, opened in Detroit Tuesday with a message of globalization — and growth. The company that’s transformed the concept of retail came to the Motor City to connect small...
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With The Launch Of The QLine, Detroit Has Its First Streetcar In 60 Years: 'It Validates The City'
Friday, May 12, 2017 - 1:30pm | 1099The QLine, Detroit’s $140 million streetcar line on a 6.6-mile loop, opened to the public Friday after nearly a decade of planning and with assurances that it’s intended as the first piece of a broader regional transit system. The Kresge Foundation, Quicken Loans Chairman Dan Gilbert...
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Jamie Dimon On Investing In Detroit: This Was A Train Wreck 20 Years In The Making
Thursday, December 22, 2016 - 4:46pm | 498JPMorgan 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...