Ford Motor Co. on Wednesday posted its highest first-quarter net income in a decade but said it could lose half of planned production in the second quarter due to the semiconductor shortage that has halted some high-profit assembly lines. The automaker said it earned $3.3 billion from January…

Listeners may need to get more accustomed to paying for their favorite shows.

U-Haul marketing president said Hawaii U-Haul facilities are the busiest they’ve been in years.

The only thing separating Kelley Miller from living in a nursing home is a registered nurse and aide caring for her around-the-clock inside the 54-year-old quadriplegic woman's home in the mid-Michigan village of Mulliken. Paralyzed from the neck down in a 2011 car accident, Miller relies on a…

NEW DELHI (AP) — India put oxygen tankers on special express trains as major hospitals in New Delhi begged on social media on Friday for more supplies to save COVID-19 patients who are struggling to breathe. More than a dozen people died when an oxygen-fed fire ripped through a coronavirus ward in a populous western state. India’s underfunded health system is tattering as the world’s worst coronavirus surge wears out the nation, which set a global record in daily infections for a second straight day with 332,730. India has confirmed 16 million cases so far, second only to the United States in a country of nearly 1.4 billion people. India has recorded 2,263 deaths in the past 24 hours for a total of 186,920.

The company, Bundled, hires workers with disabilities through the Dearborn-based nonprofit Services To Enhance Potential to create the gift packages.

Ford Motor Co. CEO Jim Farley said the worsening semiconductor shortage has prompted "perhaps the greatest supply shock" he's ever seen, as auto dealer lots dry up and the company juggles production shutdowns across the globe. Speaking to Automotive News Group Publisher KC Crain as part of…

Shares of Chipotle Mexican Grill have nearly doubled in value over the last year, giving the company a market value of $42.8 billion.

Will tax incentives for businesses help?

Nothing is more important to us than the health and safety of our employees and guests. While public tours of our Fulfillment Centers remain paused due to Covid-19, we invite you to join us for a virtual tour.

At risk of losing control of one of their key projects under terms of a development agreement with teeth, the Ilitch family has met all of the redevelopment milestones the city has required of them for the Hotel Eddystone so far. The Detroit Economic Growth Corp. says the remaining milestone &…

As a sale appears likely following a mortgage default, the Fairlane Town Center shopping mall in Dearborn is worth less than half what it was when it was bought more than six years ago. Data provided by New York City-based Trepp LLC shows that Fairlane, located at 18900 Michigan Ave., is worth just…

Metro Detroit's single-family home shopping spree is likely to continue well into fall as buyers and Realtors aggressively seek new house listings, drop contingencies to seal a deal and work to combat "buyer fatigue" in a market where homes are selling quickly and at record-high prices. For-sale…

At 25 degrees, 90% of Detroit native Leandra King's apple blooms could be lost.

If the Michelin Group begins rating newsletters, I think they would classify Monday Morning Economist as an exceptional newsletter that is worthy of a subscription.

Answer: Jordan (averaging a resale price of 54% above retail) Questions: Have you ever bought or sold a product in the resale market? Why? Why are certain brands/products so desirable in the resale market? 2020 saw a boost in sneaker resale.

Ford is storing thousands of F-150s by the Detroit Department of Public Works even while dealers beg for products to sell.

Five charts that show how dramatically the pandemic affected our spending.

A host of things have converged—the pandemic, supply and demand, the chip shortage, new auto sales—that could push up auto-related shares.

The pandemic, a beetle plague, labor shortages, and high demand have pinched lumber supplies across the US.

Anything using wood or wood pulp is going up in price right now, and it includes everything from toilet paper to lumber.

The US will run out of boba next week.

The COVID-19 pandemic brought record profits to Utica-based outdoor equipment retailer Weingartz Supply Co. Michiganders stuck at home during pandemic closures and work-from-home orders took up lawn care and landscaping projects. "In March (2020) when we closed down, sales were down 70 percent,…

Automakers and analysts have been optimistic in recent weeks that the worldwide shortage of microchips would work itself out in the second half of this year. But that upbeat prediction is changing. Many are now concluding that there is no easy path out of the mess because of the cost and…

Smith and director Antoine Fuqua are the first to pull a major film from Georgia in response to the state's restrictive voting law.

The industry has been confident that the strange problem would straighten itself before long. That now seems unlikely.