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Long before Detroit Emergency Manager Kevyn Orr rolled out his proposal in February for paying back the city’s creditors, bankruptcy experts knew the pain…
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On the one-year anniversary of his appointment, Detroit’s emergency manager spoke about the latest developments in the city's bankruptcy in a speech at…
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The Detroit Red Wings’ owners will keep renting Joe Louis arena through at least 2015, according to a proposed lease presented to the Detroit City Council…
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It's Thursday. Time for our weekly check-in with Detroit News Business Columnist Daniel Howes.It’s hard to believe it will be one year ago tomorrow that…
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It's been five days since emergency manager Kevyn Orr released the bankruptcy reorganization blueprint, which maps out a way to wipe out billions in debt,…
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We've almost all done it – you might have even done it just today: Made a purchase online.But have you ever wondered why you have to pay sales tax on…
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The plan to guide Detroit out of bankruptcy includes up to $150 million a year for ten years to repair neglected infrastructure. The city could go a long…
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Detroit Emergency Manager Kevyn Orr has submitted a so-called “plan of adjustment” to Detroit creditors.It’s been about six months since Orr filed for…
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If you own a hotel, this is a good week to be in Detroit, where thousands of journalists and auto industry people are flocking to town for the North…
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DETROIT (AP) - Detroit's state-appointed emergency manager is delaying the release of his plan to shepherd the city through bankruptcy.A spokesman for…