DPS And City Of Detroit Strike Deal On Debt, Vacant School BuildingsA deal has been reached between the city of Detroit and its public school district Tuesday -- in the form of a trade.
Detroit Makes Final Arguments To Exit BankruptcyA judge will decide next week whether Detroit's plan is fair and feasible in the largest public bankruptcy in U.S. history.
Michael Bolton Takes On New Challenge With Film About DetroitMichael Bolton has been working on the documentary for about two years and expects the film should be completed in early 2015.
DIA Exec Defends Fundraising Amid High SalaryA key component of what's known as the Grand Bargain is a deal to help protect pensioners as Detroit goes through bankruptcy. That deal depends on the Detroit Institute of Art reaching its $100,000,000 fundraising goal.
Expert Says Detroit Bankruptcy Plan FeasibleDetroit's plan to get out of bankruptcy is feasible, a court-appointed expert testified Wednesday as the last witness in a historic trial to determine whether the largest city in U.S. history to file for Chapter 9 can get back on its feet.
WWJ Special: Charlie Langton Talks Detroit Post-Bankruptcy With Esteemed PanelWWJ's Charlie Langton and co-host Mark Lee spoke about the future of Detroit with Former Detroit City Council Member Ken Cockrel, Karen Dumas and Sandy Baruah, President of the Detroit Regional Chamber.
Detroit Emergency Manager: Bankruptcy Challenges CostlyOrr also was questioned on various topics associated with the bankruptcy, including the city's poor track record of collecting taxes.
Manager Orr Takes The Stand In Detroit Bankruptcy TrialOrr's debt restructuring plan, in which deals have already been reached with most creditors, sets aside $1.7 billion for improving city services.
Detroit Bankruptcy: Dan Gilbert Testifies Crime, Education, Blight Are City's Major ChallengesBusinessman Dan Gilbert has testified during Detroit's bankruptcy trial that the city's high crime rate, poor school system, unemployment and blighted neighborhoods are its major challenges.
Judge Won't Stop Water Shutoffs In DetroitDisappointing news for Detroit residents who were hoping for a moratorium on unpaid water bills ...
Detroit Officials Regaining Most City Control As Orr Removed From Role As Emergency ManagerThe Detroit City Council on Thursday unanimously approved a plan to transfer daily operations to elected officials while retaining the state-appointed emergency manager to oversee bankruptcy matters until they are resolved.
Detroit Officials To Testify In Water Dispute: We Can't Give Away Free WaterCritics of the shutoffs say public health and children's welfare are at risk in homes without water, arguing that "every resident has the inherent right to free water."
Settlement Plan Moving Forward Between Syncora, City Of Detroit In Bankruptcy ProceedingsDetroit and bond insurer Syncora finished the deal announced last Tuesday to settle over $400 million in claims.
'Michigan Matters' Focus: Belle Isle's Luster Grows Amid State StewardshipDespite its controversial genesis of Michigan taking over Belle Isle as a state park amid Detroit's bankruptcy last year, the end result has been positive.
Detroit Bankruptcy Trial On Hold After Deal With Major CreditorA judge has suspended Detroit's bankruptcy trial until Monday to give the city more time to work out details of a settlement with a major creditor.