Dan Gilbert

Quicken Loans announced Thursday it surpassed Wells Fargo & Co (NYSE: WFC) in fourth-quarter retail mortgage volume to become the largest residential mortgage lender in the United States. Quicken recorded 25 billion retail mortgages, while Wells Fargo posted 23 billion, Bank of America Corp (...

Amazon.com, Inc. (NASDAQ: AMZN) Alexa has cozied up with a number of services and devices this year. She orders your Domino’s Pizza, Inc. (NYSE: DPZ), she controls your Ford Motor Company (NYSE: F) tunes, and now she pays your mortgage. Through a new partnership with Quicken Loans, Rocket...

A groundbreaking was held Thursday for a $1-billion, 800-foot development on the onetime site of the Hudson’s department store in downtown Detroit that will be the city’s tallest structure once completed. The 1.1-million-square-foot development by Dan Gilbert’s Bedrock real estate...

Short sellers are often characterized as pessimistic, “glass-half-empty” kind of guys. But Jim Chanos doesn’t see it that way. In fact, the way he views his job is almost patriotic. “I like to say that short sellers are the ultimate capitalists, because for capitalism to...

New York and Chicago have long been Meccas for aspiring financial leaders. Centered around their stock and option exchanges, the cities' capital markets lured fresh talent looking to make a name in the financial sector. But Jason Raznick, CEO of Benzinga, says the power of that appeal has...

Detroit is putting on its yoga pants. Lululemon Athletica inc. (NASDAQ: LULU) is opening its first store in the city this fall. The athletic wear maker joins a line of national retailers who have opened locations on Woodward Avenue in downtown Detroit. They include Nike Inc (NYSE: NKE), Under...

A deal between Dan Gilbert's Rock Ventures and Wayne County that would result in the construction of a Major League Soccer stadium in downtown Detroit and a new municipal criminal justice complex is a step closer to reality. Fail Jail The downtown site of Wayne County’s “fail jail...

Amber Engine — a Detroit startup that in January launched software intended to modernize the home furnishing industry — is hosting about 200 C-level executives from the sector at the SHIFT Tech Summit June 26-28. Companies who are attending include Bed Bath & Beyond Inc. (NASDAQ:...

Gateway '17, Alibaba Group Holding Ltd (NYSE: BABA)’s first conference of this kind in the United States, opened in Detroit Tuesday with a message of globalization — and growth. The company that’s transformed the concept of retail came to the Motor City to connect small...

Dipping, dodging, banking, bumping and the prickly personalities of the ground-bound pilots are featured in the most-ambitious season yet of the startup Drone Racing League, which already finished its second year in reality but is just getting started on Walt Disney Co's (NYSE: DIS) ESPN....

The NBA Finals are back. After a string of blowout playoff games, the stage is finally set for the Cleveland Cavaliers and Golden State Warriors rematch. In honor of the Finals opener, Benzinga is taking a quick look at the business behind NBA champions. You Have To Pay More To Win More The...

The QLine, Detroit’s $140 million streetcar line on a 6.6-mile loop, opened to the public Friday after nearly a decade of planning and with assurances that it’s intended as the first piece of a broader regional transit system. The Kresge Foundation, Quicken Loans Chairman Dan Gilbert...

Stephen McGee and his wife are from California, but his two children are Detroit born and raised. “As we say, ‘made in Detroit,’” McGee said with a smile. McGee is an Emmy-winning filmmaker who has lived in Detroit for the past 12 years. McGee moved to Detroit in 2005 when...

The Downtown Development Authority of Detroit approved a timeline for construction on the historic Hudson’s site on Woodward Avenue. Bedrock will begin to realize its design with a December 1 groundbreaking — which aligns development with the Michigan Thrive Initiative to catalyze state...

Quicken Loans, the country's second-largest retail home mortgage lender that closed nearly $300 billion of mortgage volume between 2013 and 2016, has a new chief executive officer. The Detroit-based company announced the promotion of three members of its leadership team. Quicken Loans'...