-
DETROIT, MI (AP)-- Opening statements in Detroit's historic bankruptcy trial have begun in federal court. Attorney Bruce Bennett, one of the city's…
-
DETROIT, MI (AP)-- Some creditors in Detroit's bankruptcy with eyes on city-owned art say they've found buyers willing to pay more than $1 billion for…
-
DETROIT, MI (AP)-- Bankrupt Detroit has been given approval to move forward with a $120 million quality of life loan to help improve city services.…
-
DETROIT, MI (AP)-- Christie's has appraised nearly 2,800 city-owned artworks at the Detroit Institute of Arts to be worth a total of $454 million to $867…
-
DETROIT, MI (AP)-- Detroit's emergency manager says an effort to raise $500 million to help retirees still won't prevent pension cuts as the city works on…
-
DETROIT, MI (MPRN)-- The federal judge who allowed Detroit to proceed into bankruptcy also upheld Michigan’s emergency manager law as part of the…
-
DETROIT, MI (AP)-- Detroit Mayor Dave Bing says the city's bankruptcy filing was "inevitable" after it "hit bottom" from loads of debt. But Bing tells The…
-
DETROIT, MI (AP)-- Detroit's state-appointed emergency manager Kevyn Orr says the Christie's auction house will finish its assessment of 66,000 art pieces…
-
DETROIT, MI (AP)-- Moody's says Detroit has defaulted on its most recent general obligation bond debt payment. Analysts in the rating agency's Chicago…
-
DETROIT, MI (AP)-- A judge has opened the first formal mediation talks aimed at striking deals between creditors and the city of the Detroit in the…