Detroit Informer

Bill Shea – Advertising agency Campbell Ewald, which last week announced its decision to relocate its headquarters from Warren to downtown Detroit inside Ford Field, is in talks to pick up a major new client: Cadillac. Full News here – Crain’s Detroit Business – Latest News

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Sources: Compuware lays off some executives Detroit-based Compuware laid off several executive-level employees this week and demoted others as part of a previously-announced cost-reduction plan, two sources told the Free Press on Wednesday. Company spokeswoman Lisa Elkin declined to … Full News here – Read more on Detroit Free Press

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Dustin Walsh – Meritor Inc. may sell its trailer business, say three sources familiar with the matter.The sources said the commercial vehicle manufacturer continues to underperform and has been searching for ways to dump the less-profitable unit from its books for more than a year.Troy-based Meritor forecast nearly flat sales in the business for 2013 [...]

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Transportation Secretary Ray LaHood is expected to visit Detroit on Jan.' to announce around $ 25 million in federal funding for Detroit's light-rail streetcar project. Michigan congressional aides confirm LaHood's planned trip and funding announcement, though couldn't confirm the precise funding award. A spokesman for LaHood wouldn't confirm the funding. Full News here – Metro/State [...]

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The Michigan Senate’s approval Tuesday of legislation for a regional transit authority in Southeast Michigan, reforms involving Blue Cross Blue Shield of Michigan, a state health insurance exchange and other major issues… Full News here – Crain’s Detroit Business – News Feeds

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Sources tell Local 4 they may have found the… Full News here – Click On Detroit News

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Apollo Investment Corp. and Linamar Corp. are among bidders in the second round of the auction for Carlyle Group’s Metaldyne, a maker of engine components, two people familiar with the sale process said. Full News here – Crain’s Detroit Business – News Feeds

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