The Detroit News

Michigan's cannabis industry is facing a new challenge as its Cannabis Regulatory Agency (CRA) comes under scrutiny for potential delays in enforcing regulations against businesses that have strayed from compliance. What Happened: A recent audit conducted by the state's Office of the...

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...

On Friday, Michigan Gov. Gretchen Whitmer filed legal action to shut down the Line 5 pipeline that transports oil under the Straits of Mackinac. What Happened: Whitmer’s office notified the company it has 180 days and then the flow must stop, according to WOOD-TV. Michigan Attorney General...

Fiat Chrysler Automobiles NV (NYSE: FCAU) has agreed to pay a civil penalty of $9.5 million to settle U.S. Securities and Exchange Commission allegations of violating federal securities law by sharing misleading information with investors and stakeholders. What Happened: According to the...

President Donald Trump announced federal guidelines for the phased reopening of the economy on a state-by-state basis Thursday as the country faces a coronavirus pandemic and resulting economic numbers that are drawing comparisons to the Great Depression. The Trump administration’s...

At first, the coronavirus outbreak seemed to help Michigan’s fledgling cannabis industry. The spread of the virus and government restrictions inspired stockpiling. Pot sales surged across the state, leading to some of the busiest days shops have seen since opening. Profits peaked just...

With long lines forming outside Michigan's first recreational marijuana dispensaries Sunday, investors and consumers alike are closely following followed the evolving legal landscape of the state's multibillion-dollar cannabis market. From designated consumption establishments to...

Kroger Co (NYSE: KR) is the latest company to introduce CBD products to its U.S. store shelves. The grocery chain's corporate affairs manager for its Michigan division, Rachel Hurst, said the company will begin the rollout this week in 17 states, according to The Detroit News. Why It...

Driverless cars may be the future, but Waymo will build them in a place synonymous with the nation’s automotive past. The autonomous vehicle company said Tuesday that it is looking for a factory in the Detroit area to outfit driverless cars with its technology following news that it’s...

Felony charges against six people arrested in the raid of a Detroit marijuana grow operation with a reported $1 million in plants were dismissed Tuesday by a judge who said the facility was within the bounds of its temporary state license. The building at 4473 W. Jefferson Ave. is owned by former...

In 2009, in the midst of the global financial crisis, after Daimler washed its hands of the bankrupt Chrysler and pulled out of the DaimlerChrysler joint venture — and as Cerberus was desperately trying to peddle its struggling asset — Fiat’s fearless leader stepped...

If a consumer wants to buy a particular item and a company wants to sell that particular item for an agreed upon price, shouldn't the transaction be permitted to occur? If the company in question is Tesla Motors Inc (NASDAQ: TSLA), then the answer appears to be a firm no. According to the Detroit...

Ahead of Walt Disney Co (NYSE: DIS)'s highly anticipated "Star Wars: The Force Awakens," Fiat Chrysler Automobiles NV (NYSE: FCAU) announced a new advertising campaign. Hoping to capitalize on the excitement surrounding the movie from both adult nostalgia and younger generation Jedi enthusiasts,...

According to The Detroit News, 2015 auto sales could surpass the all-time record of 17.41 million vehicles set in 2000. Automakers sold 1.46 million new cars and trucks in October – the best monthly performance since 2001. Demand for trucks and SUVs continues to drive sales ahead of holiday...

Fort Worth, Texas-based GM Financial, owned by General Motors (NYSE: GM), will start offering car loans to U.S. customers with prime credit this coming summer, according to The Detroit News. This is significant because GM Financial is known mostly for issuing auto loans to car buyers with less-...