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Both Detroit Emergency Manager Kevyn Orr and Governor Snyder testified this week in the trial that will decide whether Detroit is eligible for Chapter 9…
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DETROIT (AP) - The Detroit City Council has decided not to push an alternative to a $350 million loan designed to help the city pay off some of its…
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A trial to determine Detroit’s fate in municipal bankruptcy starts Wednesday.Judge Steven Rhodes will hear arguments from city lawyers about why Detroit…
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Bankruptcy eligibility trial begins today"A trial to determine Detroit’s fate in municipal bankruptcy starts today. Judge Steven Rhodes will hear…
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State officials must turn over the names of all candidates considered for Detroit’s emergency manager job.A Wayne County Circuit judge court ordered that…
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In this morning's headlines: NERD fund gone, HiPark financial trouble, Det Council rejects loan dealGov. Snyder shuts down NERD fund"Governor Rick Snyder’s controversial NERD Fund will be shut down this week and replaced. Its official name is the New…
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The Detroit City Council has rejected a $350 million loan deal secured by Emergency Manager Kevyn Orr.Orr announced the deal with the British financial…
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Today, we’re checking in with Detroit News business columnist Daniel Howes, discussing what’s going on with the Detroit bankruptcy trial.According to…
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Detroit’s chief financial officer, Jim Bonsall, has resigned.Bonsall had only been on the job since mid-July. He was brought in by Detroit emergency…
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The Detroit City Council has rejected a proposal to lease Belle Isle to the state. But the Council is also putting forth its own, alternative lease…