Mike Duggan

The 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:...

Detroit 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...

In 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...

In 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...

When 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...

In 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...

Chemical 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...

Detroit 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...

During 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...

Detroiters 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...

A 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...

A 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...

Gateway '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...

The 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...

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...