Detroit Informer

— Democratic lawmakers and members of the State Board of Education warned Tuesday that legislation seeking to dissolve the financially troubled school districts in Inkster and Buena Vista could be used to merge other schools. Full News here – Schools RSS from The Detroit News

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Kirk Pinho – The spigot has been opened for a new regional authority to take over the Detroit Water and Sewerage Department. Full News here – Crain’s Detroit Business – Latest News

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Orr's Detroit restructuring plan: An overview of proposed moves Detroit is suspending payments on $ 2 billion of unsecured debt, marketing parking garages and telling retirees to rely on President Barack Obama's health-care law to avoid a record municipal bankruptcy. Those are among proposed changes in a 128-page … Full News here – Read more on [...]

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Jerry Geisel Business Insurance – Chrysler Group LLC will completely freeze its defined benefit pension plan for salaried employees at the end of this year, completing a process it began nearly a decade ago, the automaker said Friday. Full News here – Crain’s Detroit Business – Latest News

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Detroit debt owner: Orr will come up with plan to repay bondholders in full The money manager oversees $ 95 billion of municipal bonds, including at least $ 190 million of all types of Detroit debt, data compiled by Bloomberg show. That's second to Franklin Resources Inc. Orr will call for "staggering" concessions from creditors [...]

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Detroit — Emergency Manager Kevyn Orr is unveiling a 200-page plan Friday to restructure the city of Detroit and avoid the biggest municipal bankruptcy in U.S. history. Full News here – Metro/State News RSS from The Detroit News

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Nearly 200 designs were submitted in the contest to re-develop the site of the old downtown Hudson’s store.  People from as far away as Australia and Vietnam took part in the Opportunity Detroit campaign, Redesigning Detroit: A New Vision for an Iconic Site. A panel of five distinguished architects and urban planning experts from across [...]

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Any debate over leasing Detroit’s Belle Isle Park to the state of Michigan appears to be .. Full News here – Click On Detroit News

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Photo Galleries: Orion day 2 featuring Metallica, Deftones, The Dillinger Escape Plan, Japandroids and Death Full News here – Detroit Entertainment

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Emergency Manager Kevyn Orr on Monday is set to hold his first public meeting since taking office and issuing a financial report to the state detailing Detroit's "dire" finances. Full News here – Metro/State News RSS from The Detroit News

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Miami doesn't need to be perfect, but it needs to play its game with fierce devotion. It's not complicated: Attack the basket like it's a championship trophy. Full News here – Detroit Pistons RSS from The Detroit News

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Tom Henderson – Two metro Detroit companies announced last week that they have filed registration statements for initial public offerings. Plymouth Township-based Esperion Therapeutics Inc. said Tuesday that it had filed for a $ 70 million IPO and plans to be listed on Nasdaq under the symbol ESPR. Credit Suisse AG and Citigroup Inc. are [...]

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The shuttered Buena Vista School District could reopen its doors if the school board of the small Saginaw County district approves a deficit elimination plan Tuesday night, State Superintendent Mike Flanagan said. Full News here – Schools RSS from The Detroit News

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Chris Gautz – The plan Michigan House Republicans unveiled Thursday to drastically change the way and length of time able-bodied adults can receive Medicaid assistance is being met with skepticism from Gov. Rick Snyder and outright disgust from Democrats. Full News here – Crain’s Detroit Business – Latest News

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DETROIT, MI – The city of Detroit keeps having problems with violent crime and doesn’t appear to have a publicly disclosed plan when a permanent police chief will take over. News surfaced Friday that Chester Logan, the city’s interim police chief, will retire once the new chief his hired. Logan, according to CBS Detroit, has [...]

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