- Detroit bankruptcy decision puts pensions at risk Updated: Dec-04-13 10:41 am
- Detroit small businesses getting more loan access Updated: Nov-26-13 3:44 pm
- Detroit EM, mayor-elect announce new finance chief Updated: Nov-21-13 9:10 pm
- AP Interview: Bing says bankruptcy 'inevitable' Updated: Nov-07-13 4:52 pm
DETROIT - A judge has given Detroit the green light to cut pensions as a way out of the largest municipal bankruptcy in U.S. history, a decision that puts the case in the laps of thousands of retirees who had hoped that the Michigan Constitution would protect them from getting smaller checks in their golden years.
DETROIT - Political and national business leaders gathered in Detroit on Tuesday to launch a program that will provide small businesses with access to millions of dollars in loans and other boosts.
DETROIT - Detroit's mayor-elect and its state-appointed emergency manager announced Thursday that a former overseer of Washington, D.C., is their city's new chief financial officer.
DETROIT - Outgoing Detroit Mayor Dave Bing says the once-thriving automotive capital of the world had no choice but to file for bankruptcy after it "hit bottom," buried by high pension and health care obligations and millions of dollars in bond debt.