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Rocket Companies ekes out $60M Q2 profit, does cost cuts

Net income for the Detroit-based mortgage giant, formerly known as Quicken Loans, was down from just over $1 billion during the same quarter in 2021.

Freddie macDan gilbertRocket companiesJc reindl detroit freeNational association of realtorsMortgage bankers associationDetroit freeRocket mortgageQuicken loansChief financial officerJulie boothNational associationUnited wholesale mortgage

European firm to put hundreds of workers in downtown Detroit building

Majorel expects that the majority of its 500 newly hired Michigan employees will work in person in downtown Detroit beginning this fall.

United statesKevin johnsonMike dugganJc reindl detroit freeDetroit economic growth corpDetroit freeFort streetMayor mike dugganGrosse pointe based

WSU, Karmanos to build cancer research towers in Detroit

The precise location of the medical research towers in Midtown Detroit could be announced in three to four months by Karmanos and WSU.

Anne parsonsMark schweitzerWayne state university school of medicineHealth affairs for wayneJc reindl detroit freeBarbara ann karmanos cancer instituteKarmanos cancer instituteWayne stateDetroit freeWayne state university schoolMidtown detroitHealth affairsDetroit symphony orchestra

New rendering drops for former Joe Louis Arena site tower

The new rendering depicts the 25-story, 500-unit apartment tower as a large glass cube, to stand at the former Joe Louis Arena site in Detroit.

Jc reindl detroit freeFinancial guaranty insurance corpSterling groupJoe louis arenaDetroit freeDetroit people moverDetroit based sterling groupNew york basedLouis arenaFree pressPeople mover

Health insurers seek 2023 rate hikes as temporary subsidies expire

Nearly all health insurers plan to raise rates in 2023, and the scheduled expiration of extra "Obamacare" subsidies could raise the pain level.

United statesRick notterCynthia coxJoe bidenDana nesselCenters for medicare medicaid servicesBlue care networkJc reindl detroit freeKaiser family foundationDepartment of insuranceFinancial servicesDetroit freeAmerican rescue planPresident joe bidenBlue cross shieldBlue cross

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