The Detroit News


Business news from Detroit and Michigan





12.5 items/day

Jobless face losing $600-a-week lifeline

In about two weeks millions of Americans could lose a crucial economic lifeline of this pandemic: $600 a week in extra federal unemployment benefits.

Best Buy to require customers to wear masks amid virus spike

The retailer, based in Richfield, Minnesota, joins a growing but still short list of major retailers that have instituted mask mandates

Detroit-based LIFT signs 5-year technology agreement with U.S. Army

Lightweight Innovations For Tomorrow will work on ways to lighten Army ground vehicles for better fuel economy

Burger King addresses climate change by changing cows' diets

Burder King has rebalanced the diet of some of the cows by adding lemon grass in a bid to limit bovines contributions to climate change

Morouns could chart new path following death of patriarch

In recent years, Matty Moroun's only son, Matthew, officially has taken the reins of the logistics empire -- and shown a lighter touch for the times.

Bed Bath & Beyond sees up to $450 million from asset sales

The company is actively exploring divestitures in order to focus on growth opportunities in the home, baby, beauty and wellness businesses

Tesla's furious rally may have another 55% upside, analyst says

"In our view, Tesla is the most consequential company in the mobility ecosystem, and this is unlikely to change in the next decade"

Data drove decision in painful process of canceling Movement 2020, organizer says

Movement 2020 is just the latest outdoor live event to cancel on account of Covid-19. It's going to be a long summer.

UK to exclude Huawei from role in high-speed phone network

Britain imposed the ban after the U.S. threatened to sever an intelligence-sharing arrangement because of concerns

White House campaign urges jobless to 'find something new'

The opening ad in the "Find Something New" campaign beginning Tuesday features ordinary people sharing their stories.
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