Some employees will be moved to other Rocket companies in Canada, but the majority will be laid off.

The John Shippen National Invitational tournament presented by Rocket Mortgage takes place at the Detroit Golf Club this weekend.

The third phase of NFL Draft-related road closures in Downtown Detroit were set to begin at 12 a.m. on Monday, April 15.

The third phase of road closures in Detroit for the 2024 NFL Draft begin at 12 a.m. on Monday, April 15.

The NFL Draft will be hosted in Detroit for the first time this April.

Rocket Mortgage is launching a new program aimed at helping some of the country’s most renter-rich cities become places for thriving homeowners.

Detroit has been deemed as one of the top four U.S. cities for affordable starter homes.

Local and international talent will be bringing the jazz scene to life in downtown Detroit this Labor Day weekend at the 43rd Detroit Jazz Festival presented by Rocket Mortgage.

Located in Mount Morris Township just north of Flint is the Beecher Community School District, with Beecher High School as the heart of the community.

A foundation connected to billionaire Dan Gilbert is investing $13 million in a fund to help low-income Detroit residents facing eviction.

It’s been a Detroit staple for more than two decades. The so-called whaling wall, one of the most well-known murals in the city, keeps getting covered up.

The annual Detroit Jazz Festival is returning to an in-person format this Labor Day weekend.

Since last fall, you may have seen a few new faces on the side of a landmark Downtown Detroit building.

The nation’s largest mortgage lender, Rocket Mortgage, has announced that entries are now open for the third annual Rocket Mortgage Super Bowl Squares Sweepstakes. The event is the world’s largest official game of Super Bowl squares that will give away more than $1 Million during the massive event; entries are welcomed through February 11 at RocketMortgageSquares.com.

The annual celebration of jazz music will be a live streaming event.

The coronavirus pandemic forced many people to take a different look at how they live their lives and how they work.

Quicken Loans will officially have its name changed to Rocket Mortgage this summer.

Rocket Mortgage will be sponsoring Simona D Silvestro's No. 16 Chevrolet at this year's Indianapolis 500.

Rocket Mortgage to sponsor all female team with Detroit ties at the Indy 500DETROIT – Rocket Mortgage will be sponsoring Simona D Silvestro’s No. Rocket Pro TPO, the division of Detroit-based Rocket Mortgage which works exclusively with independent mortgage brokers, will serve as the primary sponsor of the No. Paretta Autosport said Rocket Pro TPO will be front-and-center with dominant branding on the car, firesuit and crew suits. “Having Rocket Pro TPO come onboard as our primary sponsor for this year’s Indy 500 is a perfect partnership,” said Beth Paretta, CEO/team principal of Paretta Autosport. Owner Beth Paretta lives in the Detroit area while her Paretta Autosport has a technical alliance with Team Penske.

To learn more about Rocket Mortgage’s “Building Hope for Homeless Veterans” program, go to AHomeForEveryVet.org. More coverage: America’s Thanksgiving Parade special section

DETROIT – The fourth Rocket Mortgage Detroit Demo Day is doing something a little different this year to help small businesses thrive in the pandemic. The 17 finalists have been announced for Rocket Mortgage Detroit Demo Day. For the last 3 years, Rocket Mortgage Demo Day has awarded hundreds of thousands of dollars to local small businesses with big plans to expand and make a difference. “Rocket Mortgage Detroit Demo Day is an annual event where we showcase Detroit’s best and brightest entrepreneurs and give them the chance to compete for a million dollars,” said James Chapman. More information can be found on the official Rocket Mortgage Detroit Demo Day website here.

DETROIT – The much talked about Rocket Mortgage initial public offering took flight Thursday and the launch was not as bright as initially intended. ORIGINAL STORY: Quicken Loans IPO debuts at $18 a share, below expectationsRocket founder Dan Gilbert and CEO Jay Farner kicked off the trading day before going on CNBC to discuss the merger in Gilbert’s first national television appearance since his stroke. “We think we are a tech company that happens to do loans. “We’re up to 2,500 technologies to build what you experience.”RELATED: What does Quicken Loans plan to go public mean for city of Detroit? The stock started out at $18 a share and investors bid it up to just under $21 by the close.

Quicken Loans IPO gets lukewarm receptionPublished: August 6, 2020, 6:45 pmThe much talked about Rocket Mortgage initial public offering took flight Thursday and the launch was not as bright as initially intended.

DETROIT – Detroit-based Quicken Loans debuted their IPO on the New York Stock Exchange on Thursday with a lower-than-expected opening share price of $18. Rocket Cos., the parent company of Quicken Loans, will offer public shares for the first time this week, but it will be smaller than originally reported. Quicken Loans quickly grew from a start-up to one of Detroit’s largest employers. Gilbert is already worth roughly $7 billion, but his wealth could expand more with the move to make Quicken Loans public. Investment banker Sheldon Stone, of Amherst Partners, said a Quicken Loans initial public offering could mean a lot for the city of Detroit.

DETROIT – Detroit Mayor Mike Duggan will hold a news briefing at 2 p.m. on Wednesday to discuss helpful resources available to Detroiters facing evictions. You can watch the briefing live in the video player above at 2 p.m.Duggan is expected to share details regarding a citywide memorial intended to acknowledge individuals impacted by COVID-19 amid the coronavirus pandemic. READ: Coronavirus in Michigan: Here’s what to know July 15, 2020The mayor is also expected to announce a $1.4 million investment into Connect 313, which will support digital inclusion programs. MORE: Local News

Quicken Loans quickly grew from a start-up to one of Detroit’s largest employers. What does its plan to go public mean for the city of Detroit? It appears that’s about to change because in an initial public offering, at some point people will be able to buy partial ownership -- shares of stock in Quicken Loans. Gilbert is already worth roughly $7 billion, but his wealth could expand more with the move to make Quicken Loans public. Investment banker Sheldon Stone, of Amherst Partners, said a Quicken Loans initial public offering could mean a lot for the city of Detroit.

DETROIT Bryson DeChambeau got the result he was looking for from transforming his body. With jaw-dropping drives and some clutch putts, DeChambeau won the Rocket Mortgage Classic by three strokes Sunday for his first victory of the season and sixth overall. DeChambeau shot a 7-under 65 at Detroit Golf Club, birdieing four of the first seven holes and closing with three straight. 16, a short putt for birdie on the next hole and uncorked a 367-yard drive to set up another short putt at 18. On Saturday, DeChambeau had a testy exchange with a TV cameraman after a bogey on the sixth hole.

DETROIT Rocket Mortgage by Quicken Loans announced Wednesday a new initiative to provide digital access to every Detroiter within the next five years. Rocket Mortgage Classic and Rocket Mortgages new Changing the Course initiative aims to provide Detroiters access to the internet, technology and digital literacy training that is the baseline for education and opportunity in todays economy.Officials say as the coronavirus (COVID-19) pandemic overtook Detroit, it unveiled unaddressed, underlying problems facing the city -- with internet access among the most prominent. Detroiters deserve better.Officials say among U.S. cities with more than 100,000 households, Detroit already ranks as the least connected in the country. The Rocket Giving Fund will specifically invest in organizations and infrastructure that will make 5G internet technology available across Detroit, officials say. You can read the full announcement from Rocket Mortgage by Quicken Loans here.