Once America's hub of manufacturing and music, Detroit's economy and population began to steadily decline in the 1950s, eventually leading to a full bankruptcy in 2013. Six years later, construction is booming throughout the city and unique businesses are fuelling an economic revival
Berkshire Hathaway CEO Warren Buffett speaks with Quicken Loans CEO Dan Gilbert at Detroit Homecoming, produced by Crain?s, which is bringing more than 150 former Detroiters back home to discuss investment, philanthropy and re-engaging with their hometown.
Detroit has one of the worst jobs-per-capita rates among big cities, a struggle since the large manufacturing plants that were spread across the city closed long ago. That fact is something that TechTown Detroit, a nonprofit created to help grow small businesses and jobs, is trying to change.