Friday, June 14 2013 10:25 PM EDT2013-06-15 02:25:13 GMT
A team led by a state-appointed emergency manager said Friday that Detroit is defaulting on about $2.5 billion in unsecured debt and is asking creditors to take about 10 cents on the dollar of what the city owes them.
A team led by a state-appointed emergency manager said Friday that Detroit is defaulting on about $2.5 billion in unsecured debt and is asking creditors to take about 10 cents on the dollar of what the city owes them.
Friday, May 24 2013 12:07 PM EDT2013-05-24 16:07:12 GMT
Officials say the Detroit Institute of Arts' collection could be sold to help satisfy creditors if the financially troubled city of Detroit seeks bankruptcy protection.
Officials say the Detroit Institute of Arts' collection could be sold to help satisfy creditors if the financially troubled city of Detroit seeks bankruptcy protection.
Thursday, March 28 2013 11:56 AM EDT2013-03-28 15:56:34 GMT
Michigan's tougher emergency manager law takes effect Thursday. However, its opponents are seeking to block it in federal court, saying the measure is unconstitutional.
Michigan's tougher emergency manager law takes effect Thursday. However, its opponents are seeking to block it in federal court, saying the measure is unconstitutional.
Tuesday, March 26 2013 11:22 PM EDT2013-03-27 03:22:01 GMT
On the day Kevyn Orr takes over the management of the city, Fox 2's Charlie LeDuff goes back 40 years for a unique look back at the time Detroit elected its first African-American mayor.
On the day Kevyn Orr takes over the management of the city, effectively removing Mayor Dave Bing and the Detroit City Council from power, Fox 2's Charlie LeDuff goes back 40 years for a unique look back at the time Detroit elected its first African-American mayor.
Monday, March 25 2013 11:14 PM EDT2013-03-26 03:14:42 GMT
As Detroit's new EFM takes the reigns, young adults with a vested interest in the city are concerned about the future. However, the governor wants them to know they can be part of the change and the solution.
As Detroit's new emergency financial manager takes the reigns, young adults with a vested interest in the city are concerned about the future. However, the governor wants them to know they can be part of the change and the solution.
Monday, March 25 2013 9:18 PM EDT2013-03-26 01:18:49 GMT
Kevyn Orr, Detroit's new financial emergency manager, met with several city leaders during his first day on the job, but not everyone is thrilled with his arrival.
Kevyn Orr, Detroit's new financial emergency manager, met with several city leaders during his first day on the job, but not everyone is thrilled with his arrival.
Monday, March 25 2013 7:23 PM EDT2013-03-25 23:23:58 GMT
Detroit's EMS and police departments are getting a much needed shot in the arm from the corporate world. There will be new ambulances in the next four to five months and 100 new patrol cars within 60 to 90 days.
Detroit's EMS and police departments are getting a much needed shot in the arm from the corporate world. There will be new ambulances in the next four to five months and 100 new patrol cars within 60 to 90 days.
Monday, March 25 2013 12:56 PM EDT2013-03-25 16:56:46 GMT
Fox 2's Maurielle Lue reports protestors are still gathering, waving flags and signs against Detroit's new E.F.M. (Emergency Financial Manager).
Fox 2's Maurielle Lue reports protestors are still gathering, waving flags and signs against Detroit's new E.F.M. (Emergency Financial Manager). Despite the snow and chilly temperatures, the protest was strong for more than half an hour.
DETROIT (WJBK) -
"I'm issuing a challenge to the governor tonight. Don't be a dictator. Preserve democracy. Sit down with the mayor. Sit down with the head of City Council," said Detroit City Council Member Kwame Kenyatta.
He added that if an emergency financial manager does comes in, you can expect protests in Detroit.
This week, we've already seen protesters in cars stopping traffic on the Lodge and I-94. On Thursday, three slow moving vehicles clogged traffic on eastbound I-94.
"When the truck drivers had an issue and a concern across this country, what did the Teamsters do? They stopped traffic on every freeway in this country until they got their issues met," Kenyatta said.
The councilman believes the governor, the mayor and City Council may all learn a lesson.
"Even the people in the hood fight for their hole in the wall. They fight. They hold onto that. You may not like Linwood. You may not like Dexter, and it needs to be cleaned up, and it needs a whole lot of things, but they fight for that turf. And what I'm saying is that the mayor and City Council should fight and appeal to the last possible moment," said Kenyatta.
He predicts Detroiters will get protest support.
"The world is focusing on Detroit. I've talked to elected officials all over this country, and they're prepared for a national mobilization in Detroit," Kenyatta said.
"People from out of state may be coming here to protest?" I asked.
"Coming here to give support and protest or whatever is called for to make a point," he replied.
Wednesday, June 19 2013 11:26 PM EDT2013-06-20 03:26:37 GMT
Mitchell Young's trial got underway on Wednesday. He is accused in the murder of Robert Cipriano and the beatings of Robert's wife, Rose, and son, Sal.
Mitchell Young's trial got underway on Wednesday. He is accused in the murder of Robert Cipriano and the beatings of Robert's wife, Rose, and son, Sal.
Wednesday, June 19 2013 9:52 PM EDT2013-06-20 01:52:15 GMT
The Detroit Red Wings and city officials on Wednesday announced a $650 million plan for a new arena development for the NHL team in Detroit's downtown entertainment and sports district.
The Detroit Red Wings and city officials on Wednesday announced a $650 million plan for a new arena development for the NHL team in Detroit's downtown entertainment and sports district.
Friday, January 18 2013 10:59 PM EST2013-01-19 03:59:24 GMT
Students, teammates, and family members gathered Friday night, remembering Toron Murphy Jr. A senior at Martin Luther King Jr. High School in Detroit, Murphy Jr. died this past Tuesday after tragically
Students, teammates, and family members gathered Friday night, remembering Toron Murphy Jr. A senior at Martin Luther King Jr. High School in Detroit, Murphy Jr. died this past Tuesday after tragically
Friday, June 14 2013 11:42 PM EDT2013-06-15 03:42:43 GMT
Police say a man entered a Rochester Hills apartment through an unlocked door wall early Thursday morning and then sexually assaulted the woman inside.
Police say a man entered a Rochester Hills apartment through an unlocked door wall early Thursday morning and then sexually assaulted the woman inside.
Friday, June 7 2013 10:33 PM EDT2013-06-08 02:33:06 GMT
Golf is supposed to be a relaxing sport, but in Oakland Township, police say the game turned violent. A club was broken and then the shaft used to stab a man in the arm.
Golf is supposed to be a relaxing sport, but in Oakland Township, police say the game turned violent. A club was broken and then the shaft used to stab a man in the arm.
Monday, May 27 2013 7:01 AM EDT2013-05-27 11:01:40 GMT
A man accused of killing his wife and two children in Novi in 2008 has been extradited from India to Metro Detroit to face murder charges. His arrest could end a five-year-old murder mystery.
A man accused of killing his wife and two children in Novi in 2008 has been extradited from India to Metro Detroit to face murder charges. His arrest could end a five-year-old murder mystery.