Detroit is now home to the first wireless charging roadway in the nation, located on 14th Street near Michigan Central in Corktown.

Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer.

If you have plans to visit Traverse City this summer, there’s a major construction project you need to know about.

People living in the neighborhood told Local 4 the problem was getting worse by the hour, so the city stepped in before it was too late.

Meme stock GameStop is gearing up to name Ryan Cohen as its chairman on Wednesday when the video game retailer holds its annual shareholders meeting.

Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer says that it will sell up to 3.5 million of its shares.

After weeks of going dormant, shares of GameStop have suddenly shot higher again, rising 18.6% Thursday after surging 75% in the last hour of trading Wednesday. After short-selling funds got badly burned by last month's sudden surge, many fewer GameStop shares are being sold short now. A day after testifying in a Congressional hearing about GameStop last week, he indicated he added another 50,000 shares after Feb. 3, doubling his GameStop stock position. On Wednesday, an hour or so before GameStop shares spiked, Cohen tweeted a photo of an ice cream cone from McDonald’s, along with an emoji of a frog. Even so, GameStop shares changed hands more times by midday Thursday than for Apple, a company with a market value nearly 180 times the size of GameStop.

A rally in GameStop has been rare since it fell back to earth early this month. GameStop was an extreme example because some of its shares had been sold short multiple times. Gust Kepler, CEO of stocks and options platform BlackBoxStocks, said that he became aware around 3:30 EST Wednesday of “aggressive buying” of call options on GameStop shares. Speaking at the annual meeting of Los Angeles Daily Journal Wednesday, the Berkshire Hathaway vice chairman pinned the GameStop stock frenzy on small investors that he said were gambling on the stock market. One Redditor posted a chart in the forum showing the spike in GameStop's shares, adding: “TAKE THAT CHARLIE MUNGER.”___Associated Press writer Josh Funk in Omaha, Nebraska, contributed to this report.

The Associated Press talked to a few parents and financial experts for their tips, and included in their advice was teaching kids early on about money, keeping the discussions simple but interesting and letting kids practice investing. KEEP IT SIMPLEParents should make sure kids understand money basics before they try to conquer investing. Kids need to understand what stocks are, why people invest and how the markets work before they can understand investing. AdThere are plenty of good resources — websites, apps, books — available to help guide the way in talking with kids about money and investing (or to help bolster parents' own knowledge). Parents can also help kids identify companies they are interested in and track them using fictitious money just for fun.

(House Financial Services Committee via AP)WASHINGTON – The CEO of Robinhood defended the trading platform to Congress Thursday for its actions during the GameStop trading saga, while apologizing to customers for restricting their ability to trade at the height of the frenzy. AdTenev said Robinhood imposed the trading restrictions because regulators had increased capital requirements tenfold due to the spike in trading volume. Gill earned a handsome profit and a legion of online followers for making the case for GameStop shares on Reddit and YouTube long before the big price surge in January. Beyond Robinhood’s actions during the GameStop frenzy, lawmakers raised concern about its business model generally and possible downsides of its “democratization” of stock trading. The company offers commission-free trading, but critics say customers pay another, hidden price because Robinhood provides their data on buying and selling to Wall Street firms.

The GameStop saga has been portrayed as a victory of the little guy over Wall Street giants but not everyone agrees, including some lawmakers in Washington. GameStop shares soared 1,600% in January before falling back to earth. GameStop stock plunged 60%, to $90 on Feb. 2, wiping out hundreds of thousands of dollars in a few hours. A raft of lawsuits were filed against Robinhood in federal court by platform users who suffered losses when they were frozen out of GameStop trading. There are indications that contrary to the populist fable, it was the Wall Street titans that mostly benefited in the end from the GameStop rollercoaster.

GameStop and a handful of other stocks whose meteoric rise last month shocked Wall Street began falling back to Earth this week. The GameStop episode is “a wake-up call that is likely to permanently affect the business models of institutional investors,” analysts at Barclays Capital wrote in a research note this week. GameStop's unlikely gains were the product of a tug-of-war between small investors and big institutions. “Retail investors now have tools to band together and move the markets.”Some investors bought GameStop to make money while forcing losses on big Wall Street institutions. Ad“As more retail investors get drawn into WSB, the clout of retail options investors also grows,” the Barclays analysts wrote.

Shares were down 46% to about $120 in morning trading Tuesday, Feb. 2, following a 31% decline a day earlier. (AP Photo/John Minchillo, File)GameStop shares plunged 60% Tuesday in a further reversal of the recent blockbuster gains that grabbed people's attention far beyond Wall Street. GameStop shares fell $135 to $90. The 60% drop was the worst yet for the stock and follows a 31% decline a day earlier. Investors on Reddit and other social-media portals have banded together in recent weeks to snap up shares of GameStop, AMC and other struggling chains.

DETROIT – Police are investigating a fatal shooting Sunday morning at a Detroit Coney Island restaurant. According to authorities, the shooting happened just before 3 a.m. near the intersection of 14th and Waverly Street, just south of Davison Street. Police said an unidentified man had an altercation with three men inside the restaurant who then left the location. Anyone with information is asked to contact the Detroit Police Department at 313-596-2260 or Crime Stoppers at 1-800-Speak-Up. More: Detroit crime news

PORT HURON, Mich. – Police are investigating after a 17-year-old man was assaulted and robbed. The 17-year-old Port Huron resident was on 14th Street and Bancroft Street waiting for a ride from an acquaintance. Later the same day, Damarion Lucious Taylor, 17, from Port Huron turned himself in at the St. Clair County Sheriff’s Office. They both have a probable cause conference set for Nov. 17 at 9 a.m.Police are still looking for two other Port Huron residents who are believed to be involved. READ: More local crime coverageDamarion Taylor (Port Huron Police Department)

DETROIT – A house was destroyed Saturday afternoon on Detroit’s west side in a potential gas explosion. The house was located on LaBelle Street, near 14th Street and Oakman Boulevard. Authorities are searching to find the woman who resided there and trying to determine if she was home at the time of the explosion. Gas has been turned off in the area as crews continue the investigation. MORE: Detroit news

DETROIT Police are asking for help locating a missing person. He left his residence in the 15400 block of 14th Street and hasnt been seen or heard from since, according to police. He has long hair and has a missing front tooth. He was last seen wearing a blue tank top, blue jean shorts and white Air Jordan shoes. Anyone with information is asked to contact Detroit Police 12th Precinct at 596-1240, or Crime Stoppers at 1-800-Speak Up.