Budget Crisis

President Obama in Detroit in 2010. (File Photo by Bill Pugliano/Getty Images)

White House: Obama Aware Of Detroit’s Financial Crisis, No Plans To Intervene

Obama administration officials have been in contact with leaders in Detroit, according a spokesman.

WWJ Newsradio 950–07/11/2013

Hart Plaza (credit: WWJ Photo/Kasey Stoddart)

2 Popular Downtown Detroit Fountains Shut Down

Two downtown Detroit fountains that are a popular place to cool off in the summer months are dry.

WWJ Newsradio 950–07/10/2013

Detroit's Emergency Manager Kevyn Orr (Credit: Bill Pugliano/Getty Images)

Detroit EM Cancels Creditors’ Bus Tour

Detroit emergency manager Kevyn Orr has cancelled a planned bus tour of the city’s hardest-hit areas with about 25 creditors.

WWJ Newsradio 950–07/09/2013

(credit: Bill Pugliano/Getty Images)

Decisions This Week On Detroit Leadership, Finances

The shape of Detroit’s financial future and city leadership could be determined in the week ahead.

WWJ Newsradio 950–07/08/2013

Detroit Emergency Manager Kevyn Orr speaks following his meeting with creditors. (credit: George Fox/CBS Detroit)

‘We’re Tapped Out’: Detroit Emergency Manager Proposes Plan To Creditors

Detroit EM Kevyn Orr says, starting now, there will be a moratorium on debt payments for all unsecured funded debt.

WWJ Newsradio 950–06/14/2013

The Detroit Institute of Arts (Credit: Vickie Thomas/WWJ Newsradio 950)

Schuette: DIA Collection Can’t Be Sold To Pay Debt

Michigan’s attorney general says the collection at the Detroit Institute of Arts can’t be sold to pay off any of the city’s debt during a municipal bankruptcy.

WWJ Newsradio 950–06/13/2013

The Detroit Historical Museum (credit: detroithistorical.org)

Detroit Finances Put Cultural Institutions On Edge

The city-owned Charles H. Wright Museum of African American History and Detroit Zoo are among the institutions that could be affected.

WWJ Newsradio 950–05/31/2013

Bill Would Protect DIA Collection From Liquidation

A top state lawmaker has sponsored a bill that would prevent the sale of the Detroit Institute of Art’s collection if the city goes into bankruptcy.

WWJ Newsradio 950–05/30/2013

Rick Snyder, at right, takes questions alongside Jeb Bush at the Mackinac Policy Conference (credit: WWJ)

Gov. Snyder Hopes Detroit Not Forced To Sell Art

Michigan Gov. Rick Snyder says he hopes Detroit’s financial crisis doesn’t force EM Kevyn Orr to sell off items from the collection of the Detroit Institute of Arts.

WWJ Newsradio 950–05/29/2013

Detroit City Council in session (WWJ Photo/File)

Detroit Council Approves Cuts To Mayor’s Budget

Detroit City Council voted to approve cuts to Mayor Dave Bings’ proposed $1.1 billion spending plan.

WWJ Newsradio 950–05/24/2013