warren buffett

Politics & Government
8:18 am
Wed November 27, 2013

Lessenberry talks abortion coverage, millions to small businesses in Detroit and bankruptcy

Peter Martorano Flickr

Week in Michigan Politics interview

In this Week in Michigan Politics, Christina Shockley and Jack Lessenberry discuss a proposal to block abortions from being covered in basic health plans, how Warren Buffett is backing millions of dollars in an initiative to help small businesses in Detroit, and look to next week when Judge Steven Rhodes will decide if Detroit is eligible for bankruptcy.

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Economy
10:24 pm
Tue November 26, 2013

Warren Buffett in Michigan: Praises Detroit, announces investment in local businesses

Warren Buffett says Detroit has a “huge potential” for economic growth.
Jake Neher/ MPRN

Warren Buffett was in Michigan Tuesday to help launch a program that will invest $20 million in small businesses in and around Detroit.

Buffett is an advisor to Goldman Sachs’ 10,000 Small Businesses initiative, which is committing $15 million of capital to support small businesses in and around the city. Another $5 million will go to business training for Detroit entrepreneurs.

Despite Detroit’s historic bankruptcy filing, Buffett says the city has a “huge potential” for economic growth.

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