Supply & Demand

Ford will cut the number of shifts at the factories that produce its best-selling F-Series trucks for one week due to the global semiconductor chip shortage affecting the auto industry.

This year isn't turning out to be all bad. Peeps are back in production.

PayPal Holdings Inc beat Wall Street estimates for quarterly profit on Wednesday, with a coronavirus-driven shift to online shopping and digital transactions driving record levels of payment volumes for both the quarter and the year.

The deal vaults the seven-year-old start-up past many of the industry's longtime leaders in the race to become the Uber or AirBnb of private aviation.

GM will idle three assembly plants in North America for one week due to the ongoing semiconductor shortage that has already hit Ford and Stellantis.

America's appetite for chicken wings appears unending and restaurant chains of all sorts are rushing to feed it.It might seem impossible, but the pandemic actually made one of the country's favorite menu items even more popular. After governments forced restaurants to close and curtail indoor…

The new year brings another round of increases, nearly a decade after workers started campaigning for higher pay.

But only three will provide a “living wage”

For nearly two years, Detroit has had an excess of condominiums for sale on the market. To developers, that means an added challenge in an already tough building climate plagued with long-rising construction costs eating into profit margins — not to mention economic upheaval caused by a…

The former Art Van Furniture headquarters property in Warren has been listed for sale for $65 million. That's an eye-catching number because just a few weeks before, its new tenant, Loves Furniture Inc., filed for Chapter 11 federal bankruptcy protection, the property was listed for $53.9 million…

Ford has ordered a month-long production halt at one of its plants in Germany, the latest sign that a global shortage of computer chips is putting carmakers under increasing pressure and threatening their recovery from the pandemic.

Factory making Ford Escape, Lincoln Corsair shuttered by parts shortage, workers to stay home.

Crocs said it expects 2020 sales to grow more than 12% to a record of roughly $1.38 billion, up from a previous range calling for 5% to 7% growth.

The U.S. branded coffee chain segment, which is dominated by Starbucks and Dunkin’ Donuts, saw sales plunge 24% to $36 billion in the past 12 months

Loves Furniture Inc., the upstart furniture retailer that acquired more than two dozen Art Van stores out of bankruptcy only eight months ago, filed Chapter 11 bankruptcy in Detroit late Wednesday.The reorganization comes only weeks after the Warren-based retailer began liquidating 10 stores across…

Oil prices jumped to their highest level in nearly a year on Tuesday.

A historic amount of packages and rising employee Covid-19 rates are causing significant backlogs at US Postal Service processing facilities before Christmas.

Shannon Reaves, the owner of body care maker Bath Savvy, had to make a call in June: Reopen her retail store or cut the lease and move on. The Harper Woods resident chose the latter. She closed her shop in the Rust Belt Market in downtown Ferndale in favor of focusing her efforts online during…

Detroit-based online retailer Ash & Erie has had great success since its start in 2015 and the clothier is determined to not let the pandemic slow its momentum.The company, which specializes in clothes for men 5 feet 8 inches and shorter, primarily has focused on clothes for professionals, but…

Amy Sternberg has been urging customers to be patient, but she's running out.Sternberg is one of many business owners dealing with delivery delays at the U.S. Postal Service during a holiday shipping crush made worse by the pandemic.Sternberg runs Artworks by Amy, curating handmade items for people…

Hello Everyone, I hope that this note finds you all healthy and well. This pandemic and resulting isolation has reminded us of the deep need for human connections, people’s adaptability and...