Tag Archive | "control"

DPS board votes to end emergency manager control

On Monday night, Detroit’s Renaissance High School auditorium board members met, and unanimously decided that Emergency Manager Jack Martin must go.  Full News here – Detroit | WXYZ

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Detroit officials regaining most city control

Detroit officials regaining most city control In this July 16, 2013 aerial file photo, the downtown of the city of Detroit is shown. Detroit Emergency Manager Kevyn Orr raised more than a few eyebrows a year ago when he took the city into bankruptcy and predicted it would be out by the time his … […]

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Detroit officials regaining most city control; Orr to stay on through bankruptcy

Detroit officials regaining most city control; Orr to stay on through bankruptcy

Corey Williams Associated Press – The Detroit City Council on Thursday night 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. Bill Nowling, spokesman for Emergency Manager Kevyn Orr, said the exit becomes effective when the restructuring plan is […]

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Crain’s week in news, Aug. 23-29: Hong Kong firm acquires control of airbag maker; Henry Ford Health System names VP

Crain’s staff – Hong Kong private equity firm FountainVest Partners completed a deal to become the majority shareholder in Sterling Heights-based automotive airbag maker Key Safety Systems Inc. The deal could be worth as much as $ 800 million; existing owners New York hedge fund Crestview Partners LP and some KSS management will retain shares […]

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Verlander in control as Tigers tame White Sox

Justin Verlander turned in one of his most effective outings this year and once again beat the White Sox, leading the Tigers past Chicago 7-1 Friday night. Full News here – Sports | WXYZ

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Week on the Web: Aug. 23-29: Hong Kong firm acquires control of airbag maker; Henry Ford Health System names VP

Crain’s staff – Hong Kong private equity firm FountainVest Partners completed a deal to become the majority shareholder in Sterling Heights-based automotive airbag maker Key Safety Systems Inc. The deal could be worth as much as $ 800 million; existing owners New York hedge fund Crestview Partners LP and some KSS management will retain shares […]

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6 months into state control, how has Detroit’s Belle Isle Park changed?

Sunday marks six months to the day since the Michigan Department of Natural Resources took over control of Detroit’s Belle Isle Park in one of the state’s more controversial moves of recent years. Full News here – freep

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Lincoln Park becomes latest Michigan city under state control

Michigan Gov. Rick Snyder appointed an emergency manager for Lincoln Park, a Detroit suburb that’s struggled with deficits and rejected an agreement to bring its finances under control. Full News here – Metro/State News RSS from The Detroit News

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Zingerman’s owner says new model gives employees ‘ownership and control’ over businesses

“(The new business model) will let the employee participate financially in ownership and it’s going to let them participate in the decision-making at the community level,” Zingerman’s owner Paul Saginaw said. Full News here – Oakland Business

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Sources: Sterling giving control of Clippers to wife, who plans to sell

Shelly Sterling is working to resolve the dispute amicably and has been in talks with her attorney and NBA lawyers for the last couple weeks. She wants to ‘have meaningful control’ over the transaction. ‘She has no plans to sue the NBA,’ a source said. ‘She’s trying to make nice.’ Full News here – Detroit […]

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Wayne County’s tenuous fiscal position puts control of future at stake

Major credit rating agencies continue to monitor the financial state of Wayne County as Executive Robert Ficano’s deficit elimination plan has encountered skepticism from county commissioners whose approval is required. Full News here – Metro/State News RSS from The Detroit News

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Hawks rout Pacers, take control of final Eastern playoff spot

Sunday’s win, coupled with New York’s 102-91 loss at Miami on Sunday, gave Atlanta three fewer losses than the ninth-place Knicks, who have four games left, and a two-game lead overall. Full News here – Detroit Pistons RSS from The Detroit News

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Martha Ford takes over control of the Lions

The Detroit Lions announced Monday their future plans in the ownership of the team. Full News here – Sports | WXYZ

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Flurry of mistakes costs Lions another chance to control destiny

Ever drop your keys in the snow? Then you know how Matthew Stafford felt Sunday. And you know how the Lions feel today after getting snowed under at Lincoln Financial Field, blowing a 14-point second-half lead against the Philadelphia Eagles and failing — again — to seize firm control of their playoff fate. Full News […]

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Lions control own playoff destiny

The Detroit Lions control their playoff picture, sharing first place in the NFC North with Chicago, a team they’ve beaten twice to own the potential tiebreaker. Full News here – Sports | WXYZ

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