financial crisis

Pontiac School Employees May Lose Health Benefits

Teachers and other employees of the cash-strapped Pontiac school district have been notified that they may lose coverage this year because of nearly $12 million in unpaid premiums.

WWJ Newsradio 950–06/26/2013

36th District Court (WWJ Photo/Beth Fisher)

Judge Has Plan To Fix Troubled Detroit Court

Major reforms are in the works for Detroit’s 36th District Court after a recent report found the system is $4.5 million over budget and has failed to collect over $280 million in fines.

WWJ Newsradio 950–06/25/2013

iStockphoto

Detroit EM Orders Investigation Into Pension Funds

Kevyn Orr has ordered a fraud and corruption investigation into the police and fire pension fund and general employee pension fund.

WWJ Newsradio 950–06/20/2013

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

Detroit EM Team Discusses Reduced Pension Payouts With Unions

Emergency Manager Kevyn Orr is reportedly prepared to take Detroit into federal bankruptcy court if the city’s 30,000 employees and retirees refuse the reduced payouts.

WWJ Newsradio 950–06/20/2013

36th District Court (WWJ Photo/Beth Fisher)

Layoffs Proposed At Troubled Detroit Court

Trimming the budget at 36th District Court in Detroit could cost 80 workers their jobs.

WWJ Newsradio 950–06/20/2013

Hamtramck Asks Governor To Send Emergency Manager

The City Council voted in favor of an emergency manager last week after Gov. Snyder declared a financial emergency. It will be Hamtramck’s second manager since 2001.

WWJ Newsradio 950–06/19/2013

Detroit’s Emergency Manager To Meet With Creditors

Creditors, bond holders and unions are meeting with Detroit’s state-appointed emergency manager Friday to hear his plan to keep the city out of Chapter 9 bankruptcy.

WWJ Newsradio 950–06/14/2013

Snyder To Appoint Team To Review Pontiac Schools

Gov. Rick Snyder will appoint a team to review the finances of the Pontiac Public Schools.

WWJ Newsradio 950–06/08/2013

Report: Detroit EM To Offer Creditors Pennies On The Dollar

Detroit’s emergency manager is hoping to avoid bankruptcy for the city by trying to settle debts with creditors for just pennies on the dollar.

WWJ Newsradio 950–06/07/2013

Detroit's Emergency Manager Kevyn Orr. (Credit: Vickie Thomas/WWJ Newsradio 950)

Kevyn Orr: Detroit Is In Worse Shape Than I Thought

Detroit’s emergency manager says the city is bleeding much more red ink than originally thought.

WWJ Newsradio 950–05/08/2013

more

previous

Follow

Get every new post delivered to your Inbox.

Join 2,354 other followers