MILAN - Stellantis is considering a possible sale of its struggling luxury Maserati unit, among other options, two sources with knowledge of the matter said, as the automaker seeks to overhaul its sprawling portfolio of 14 brands, Reuters reported. Discussions over Maserati's future started before new CEO Antonio Filosa, who starts on Monday, was appointed last month,
DETROIT - Walter Pat's Bakery Cafe was crowned the winner of the 2025 Comerica Hatch Detroit Contest by TechTown on June 19. Owner Lauren Ellis took home the $100,000 grand prize, courtesy of Comerica Bank, to kickstart and open the brick-and-mortar business of her dreams in Detroit. She will also receive technical assistance from TechTown
Tariffs on imported goods can have a wide ripple effect on prices, especially in the auto industry where supply chains are global, complex, and highly sensitive to cost changes. In this graphic, we reveal how tariffs will impact U.S. car prices, assuming a flat 25% tariff is applied onto vehicles imported from outside North America.
COLUMBUS, Ohio - A contentious bill proposing sweeping changes to the adult-use cannabis landscape in Ohio has stalled in the Legislature. Many cannabis advocates have opposed controversial Senate Bill 56, which would impose a statewide recreational marijuana business license cap and eliminate a nascent social equity program. The bill passed the state Senate earlier this session and was expected to
LANSING - The good news is May Michigan Cannabis Sales totaled $272.6 million, up almost 1 percent from the April sales of $270 million. But when you compare May 2025 with May 2024, sales were down 2.5 percent from a year ago. The news is even worse for medical cannabis sales. Medical sales fell 65.6
COLUMBUS, Ohio — Cannabis fans from around the country are heading to southern Ohio this summer for the Stargazer Cannabis Festival, an immersive three-day celebration of culture, creativity, and competition, taking place July 25–27. What sets this year apart? Organizers are offering a $2,500 cash prize — packed directly into the trophy — for the
COLUMBUS, Ohio - As Ohio lawmakers face public pushback over legislation that would make sweeping changes to the state marijuana law approved by voters in 2023, one legal scholar says the state Constitution could ultimately limit how drastic those adjustments could be. “When you look closely at the text, the structure and the history of
WAVERLY, Ohio - Several thousand marijuana enthusiasts will descend upon Waverly next month for the second annual Stargazer Cannabis Festival. It may also be the last. “We’re very sad about that fact, and it would be very ironic that this festival was conceived out of a celebration for legalization, and then ironically, the law will
GRAND RAPIDS - Data collected by a Grand Valley State University researcher indicates the West Michigan economy is improving, even as local firms navigate the ongoing uncertainty of tariffs and global trade tensions. Brian Long, director of supply chain management at the Seidman College of Business, said his May survey of businesses and purchasing managers
COLUMBUS - A host of changes proposed by the Ohio legislature to heavily modify the voter-approved recreational cannabis laws, plus a doubling of the cannabis tax, could seriously impact the Ohio cannabis market and drive more consumers to Michigan, experts contend. On Feb. 26, the Ohio Senate approved a bill that proposes major revisions to
