Detroit Free Press

A CEO of a publicly traded automotive company has their choice of vehicles for their personal use. What General Motors Corp (NYSE: GM) CEO Mary Barra drives might surprise readers. What Happened: Barra currently drives a Chevrolet Bolt electric vehicle that is under recall. “I’m...

UWM Holdings Corp (NYSE: UWMC) could be the next stock to make a GameStop Corp (NYSE: GME)-type of rally amid recent chatter on Reddit threads, according to an article from the Detroit Free Press. What To Know: Traders on the subreddit r/wallstreetbets are well-known for targeting stocks with high...

Ford Motor Co. (NYSE: F) could gain a share of the multi-billion-dollar delivery vehicle contract awarded by the United States Postal Service to Oshkosh Corp. (NYSE: OSK) on Tuesday, the Detroit Free Press reported. What Happened: Early reports indicated that Ford would partner with Oshkosh by...

Detroit’s Wayne State University announced a plan this week to eliminate tuition and fees for local students. From some, that will cut the cost of a four-year degree by more than $45,000. The Heart of Detroit Tuition Pledge will be available to Detroit residents working toward a high school...

Amazon.com Inc (NASDAQ: AMZN) is seeking to use the site of the Pontiac Silverdome, once the home of the Detroit Lions and Pistons, for a distribution center — a move that could create 1,500 jobs in the city.  The city of Pontiac’s planning commission on Wednesday...

Michigan is about to become the first state in the country to ban flavored e-cigarettes in a bid to protect kids from becoming addicted to nicotine through the vaping devices.  Michigan Gov. Gretchen Whitmer is sidestepping state lawmakers by pushing the ban through as an emergency...

Elon Musk has little faith that the Big Three will emerge “big” or even “three” from the next economic downturn. By his calculations, a strong economic headwind could blow Ford Motor Company (NYSE: F) right off track. “Ford and Tesla made it barely through the last...

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...

The Church of Scientology has been issued a permit to complete $8 million in work on a building it bought 10 years ago in the heart of downtown Detroit. The permit outlines renovations to both the interior and exterior at the 50,000-square-foot historic former Standard Savings & Loan Building,...

Stephen McGee and his wife are from California, but his two children are Detroit born and raised. “As we say, ‘made in Detroit,’” McGee said with a smile. McGee is an Emmy-winning filmmaker who has lived in Detroit for the past 12 years. McGee moved to Detroit in 2005 when...

Fiat Chrysler Automobiles NV (NYSE: FCAU) reached an agreement with Unifor, the Canadian labor union that represents auto manufacturing workers across the country. According to the Detroit Free Press, Fiat will commit to investing in its assembly plant in Brampton, Ontario, and offer workers their...

The city of Detroit, unlike almost any other in the United States, was hard hit during the 2007-2008 financial crisis. Auto related jobs were destroyed, the government was forced to raise billions of dollars of debt and the city itself was forced to file for bankruptcy. The American spirit...

Tesla Motors Inc (NASDAQ: TSLA) could be finding itself in the eye of a storm, as it steps on the pedal of its fight with state officials over its quest to sell its electric vehicles directly to customers. The Case Tesla, according to reports in the Detroit Free Press, has filed a lawsuit in...

Shares of Tesla Motors Inc (NASDAQ: TSLA) were under heavy selling pressure on Friday after the company's autopilot feature was linked to the death of a Model S owner. On Wednesday, news reports of another accident linked to Tesla's autopilot feature surfaced. According to the Detroit Free Press,...

Adnan Zavier Farkhouri, a 16-year-old student at Groves High School in Detroit, proved that he knows a thing or two about investments. Farkhouri won the Bloomfield Hills Financial Stock-to-Scholarship Challenge for the second straight year by creating a portfolio of stocks that surged 42.5 percent...