Wayne State University cut the ribbon Tuesday on its new Mike Ilitch School of Business, the latest addition to downtown Detroit's growing list of attractions. The new school is many things at once: First, it delivers a shot of modernism to Woodward Avenue's mostly traditional architectural environment. Next, the school also fronts directly on Woodward Avenue, vying to become not an isolated ivy-covered building tucked away on a campus, but an open, welcoming addition to the streetscape. WSU President M. Roy Wilson said he and Christopher Ilitch spent a lot of time with architects at SmithGroup trying to design a school that was open and welcoming, with  the many formal and informal gathering places, including the Terrace and an outside lawn suitable for tented events, as a result.

"It's going to be a very welcoming place." WSU President M. Roy Wilson said. "I think proximity to the Ilitch organization allows us to focus on sports and entertainment management in a way that would be very difficult for other schools to emulate. There is going to be a great focus on innovation and entrepreneurship at this school, using the inspiration of Mr. Ilitch."

An exciting new addition in downtown Detroit as the Mike Ilitch School of Business celebrated its formal opening Tuesday. The brand new building will serve most of the business school's 4,000 students. "I am sure Mr. I is looking down upon us and he would be very proud of this building and this school," said M. Roy Wilson, Wayne State president.

When Wayne State University students start classes next week at the new Mike Ilitch School of Business, they'll enjoy classrooms with views of downtown Detroit's skyline and state-of-the-art facilities in a sleek 125,000-square-foot building on Woodward Avenue. The Ilitch family starred in a ribbon-cutting ceremony Tuesday for its patriarch's namesake business school, 2 1/2 years after the largest donation in Wayne State University history jump-started its construction.

When students arrive next week at the new Mike Ilitch School of Business at Wayne State University, they’ll sit in classrooms with breathtaking views of the city's downtown skyline down Woodward Avenue. Officials gathered for a ribbon cutting Tuesday for the 125,000-square-foot building at 2771 Woodward Ave.

The new Mike Ilitch School of Business has opened Tuesday in downtown Detroit. A new addition to Wayne State University's campus, the development was made possible thanks to $40 million donation from Mike and Marian Ilitch. "Mike and I were so proud to make the gift to build this school, it was one of the highlights of our careers," said Little Caesars co-founder Marian Ilitch. "We were so excited about the positive impact it will have on the students, the university, the city of Detroit and our broader community, for generations to come."

A gaggle of local officials were on hand Tuesday for a ribbon-cutting ceremony at Wayne State University’s Mike Ilitch School of Business building. The new facility was made possible by a $40 million donation in 2015 from Mike and Marian Ilitch, the co-founders of Little Caesars and Olympia Entertainment, and is the largest charitable gift in Wayne State’s history.

The second major building in the District Detroit is opening, as Wayne State University and Olympia Development celebrate the completion of the Mike Ilitch School of Business. Faculty and staff started moving in earlier this summer, and classes begin Aug. 29 at the building that overlooks downtown Detroit.

At the end of a marathon day in Balocco, Italy, in June, Sergio Marchionne was still going strong. Marchionne, the CEO of Fiat Chrysler Automobiles, died less than two months later. In the days after his death, the Swiss hospital where he died said Marchionne had been treated over the previous year for an undisclosed serious illness, and questions were being raised about what company officials knew. But if the FCA board knew of Marchionne's struggles — and that's not a certainty — is there a requirement to share more? Professor Sudip Datta, finance department chair at Wayne State University's Mike Ilitch School of Business, said the issue goes to privacy. "There's no requirement per se about disclosing the health of the CEO to investors," Datta said, "Just because someone is a CEO, it doesn't mean someone checks all his privacy at the door." The U.S. Securities and Exchange Commission "doesn’t say you have to disclose the private lives of the CEO or for that matter any employee," Datta said.

Avalon International Breads is growing its Detroit presence yet again with a cafe and grab-and-go station in the new Wayne State University Mike Ilitch School of Business.

President Trump is proposing tough tariffs against overseas automakers. Depending on who you ask, it could accelerate the economy or put the brakes on affordable cars and trucks.

The Kresge Foundation and Wayne State University officials today announced a $2 million student-managed investment fund that complements a course designed to teach students the essentials of portfolio management and stock evaluation and selection. 

The stakes are higher for business students at Wayne State University who will have a chance to get real-world experience managing a $2 million investment portfolio.

Robert Forsythe, dean of the Mike Ilitch School of Business at Wayne State University in Detroit, gave the keynote address about the new business school that is set to open this summer. 

Wayne State University honored students at its second annual 25 Under 25 recognition on March 22 at the Gem Theatre. The award honors students in the Mike Ilitch School of Business.

Casey Simlar receives the Financial Executives International Academic Award from the president of Wayne State University, Dr. M. Roy Wilson.

“Corruption in labor unions is a matter of longstanding public concern. Federal law imposes fiduciary responsibility on union officers and key administrative personnel. Union leaders and members, along with independent auditors and watchdogs, should maintain constant vigilance over the financial operations of a union’s principal and subsidiary institutions.” 

The Wayne State University Mike Ilitch School of Business announces a $123,000 contract with the Automotive Industry Action Group to determine whether regulatory burdens spur or stall innovation in the auto industry. The research will aim to identify current and future industry best practices, costs of compliance and non-compliance, and possible benefits that result from sustainability practices.

The newspaper industry and unions have a long history. One of the earliest unions formed in the newsroom was the American Newspaper Guild, founded in 1933. The guild (now renamed the NewsGuild) has evolved to represent 24,000 employees performing a variety of jobs, from reporters and editors to graphic designers. However, over the past several decades, rapid technological change and growing competition for readers and advertisers have strained labor-management relations in the industry.