IRS takes $388 Million bite from Davidson estate instead of $2.8 Billion

The heirs and estate of billionaire Bill Davidson, former owner of the Detroit Pistons, have reached an agreement with the IRS which will take $388 million to settle estate-tax claims, instead of the More...

New Palace Sports vice chairman Arn Tellem wants to shake things up, but not in the ways people might expect

Photo by Platinum Equity Arn Tellem becomes vice chairman of Palace Sports & Entertainment in August, and will captain a sweeping new business strategy. The question of whether the Detroit Pistons will More...