Tag Archive | "million"

NHTSA fines Ferrari $3.5 million for not submitting safety reports

The top federal traffic safety regular in the U.S. announced Friday that Ferrari will pay a $ 3.5 million civil penalty for failing to comply with certain oversight requirements. Full News here – Detroit News

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With $300 million investment, GM’s Mary Barra stresses commitment to Michigan

General Motors CEO Mary Barra said Tuesday that the Detroit automaker plans to spend almost $ 300 million in Michigan from now to the end of the year as it ramps up production of the next-generation Chevrolet Volt and other vehicles. Full News here – Detroit Business News

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DPS to turn 77 properties over to Detroit in exchange for $11.6 million in

DPS to turn 77 properties over to Detroit in exchange for .6 million in … DETROIT (WXYZ) – The City of Detroit and Detroit Public Schools have reached an agreement that will allow the district to erase millions of dollars in debt. It will also allow the city to secure or develop empty schools and […]

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Developing Detroit: See inside $92 million David Whitney Building; John Varvatos coming home to Detroit

A look at development and business stories from around Metro Detroit Full News here – Detroit Business News

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Olympia hosts career expo Tuesday for $650 million Detroit Red Wings arena

Olympia hosts career expo Tuesday for 0 million Detroit Red Wings arena … DETROIT, MI – Olympia Development of Michigan is partnering with Detroit Employment Solutions Corporation to host a career expo Tuesday, Oct. 28 for Detroiters looking to work on the $ 650 million Detroit Red Wings arena and entertainment district project. Full News […]

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Olympia hosts career expo Tuesday for $650 million Detroit Red Wings arena project

Olympia Development of Michigan is partnering with Detroit Employment Solutions Corporation to host a career expo Tuesday, Oct. 28 for Detroiters looking to work on the $ 650 million Detroit Red Wings arena and entertainment district project. Full News here – Detroit Business News

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$110 million in aid approved for Metro Detroit flood victims; Deadline for funds looms

State and federal officials say more than $ 110 million in federal disaster assistance has been approved for some 92,000 Michigan residents impacted by major flooding in the Metro Detroit area in August. Full News here – Detroit Business News

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Appeals court: GM not on the hook for botched 200 million euro Saab deal

General Motors is not legally responsible for botching a last-ditch 200 million euro deal that could have spared Swedish car manufacturer Saab from bankruptcy liquidation, according to a federal appeals court ruling. Full News here – Detroit Business News

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Report: Three hold-out properties in $650 million Detroit Red Wings arena district

As Ilitch Holdings moves forward on $ 650 million plans for a new arena and surrounding entertainment district, it appears there are at least three hold-out properties. Full News here – Detroit Entertainment

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$28 million Strathmore Apartments project in Midtown Detroit moving forward

The $ 28 million renovation of the former Strathmore Hotel towering over Woodward Avenue in Detroit’s Midtown neighborhood is moving forward. Full News here – Detroit Business News

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Plymouth teen charged as adult, held on $1 million bond in alleged plot to kill family

15-year-old Roksana Sikorski, despite being a minor, could face life in prison. The Wayne County Prosecutor’s Office charged her with four counts of conspiracy to commit murder and assault with intent to murder. Full News here – Detroit News

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See inside Detroit’s $92 million David Whitney Building redevelopment, opening in December

David Whitney, Jr. had originally thought Grand Circus Park, which the building overlooks, was going to be the center of downtown Detroit’s downtown business district. He was wrong. Full News here – Detroit Business News

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NHTSA expands notice of defective airbags to 7.8 million vehicles

The airbags could rupture and spray pieces of metal into the driver and front-seat passenger in an accident. Full News here – Detroit News

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Metro Detroit-based Diversified Restaurant Holdings will use $25 million lease buy-back for restaurant expansion

RH operates 40 BWW franchises in Michigan, Indiana, Illinois and Florida, and owns the 21 Bagger Dave’s restaurants it operates in Michigan and Indiana. Full News here – Detroit Business News

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NHTSA urges owners of 4.7 million GM and foreign cars to get defective airbags fixed

The airbags could rupture and spray pieces of metal into the driver and front-seat passenger in an accident. Full News here – Detroit Business News

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