DETROIT — The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money –...

DETROIT -- Detroit may be broke but it will soon have a first-rate motor pool, featuring 23 new ambulances and a fleet of 100 new police cars. Some ci...

Detroit Mayor Dave Bing announced new funding for EMS and the police department Monday. A group of businesses led by Roger Penske's Penske's Corpo...

By Steve Neavling DETROIT, March 12 (Reuters) - A bankruptcy expert who collected more than $1 million in fees in Chry...

LANSING, Mich. — Detroit City Council members on Tuesday made a longshot appeal of the state's declaration that the city has no adequate plan to...

DETROIT -- In basketball and in business, Dave Bing never side-stepped a challenge. But the overwhelming weight of Detroit's financial problems and o...

On Friday, Gov. Rick Snyder (R) declared that the city of Detroit is in a state of "financial emergency." He will most likely appoint an emergency ...

Michigan Gov. Rick Snyder (R) will make an announcement about the future of Detroit at noon on Friday. It's widely thought that he will agree with...

Without a doubt we need the support and accountability that a State of Michigan partnership offers. We cannot address our legacy obligations alone. And, as Detroit goes, so goes Michigan.

DETROIT — In less than a month, Michigan Gov. Rick Snyder will decide whether the state will take over Detroit's broken finances and send in som...

After a review team appointed by the state of Michigan found Detroit to be in a "financial emergency," Mayor Dave Bing said he was "not surprised." ...

DETROIT — A state-appointed review team has determined Detroit is in a financial emergency, paving the way for Republican Gov. Rick Snyder to ap...