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Having secured court approval for its bankruptcy restructuring last week, Detroit is now ready to emerge from bankruptcy.But some Detroit residents and…
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Detroit pensioners voted to accept the pension cuts and allow the Detroit Institute of Arts to become an independent institution. In response, bond…
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You have to give Detroiters a lot of credit.They voted, by overwhelming margins, to accept major cuts to their pensions. In what was most surprising,…
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The proposed "grand bargain" that would soften the blow to Detroit pensioners while preserving the city's art collection has cleared a major hurdle.That's…
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Today was the deadline for Detroit retirees to vote on the city’s bankruptcy restructuring plan, known formally as a “plan of adjustment.”The California…
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DETROIT (AP) - The most anticipated vote in Detroit this summer isn't for a city office.Instead, ballots due by Friday from city retirees could determine…
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Michigan Attorney General Bill Schuette is jumping in the fight to prevent one of Detroit’s major creditors from accessing the personal financial records…
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Surprisingly, perhaps, the so-called 'grand bargain' to solve Detroit’s bankruptcy sailed through the Legislature.Now, there is nothing to do but…
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There could be a first vote tomorrow in the Legislature on an almost $200 million deal to aid the city of Detroit. Mayor Mike Duggan was one of those who…
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DETROIT (AP) - A committee representing Detroit retirees has agreed to endorse the city's plan to cut pensions in bankruptcy. The committee is supporting…