Detroit Bankruptcy News
Detroit breaks ground on tallest tower, symbol of resurgence
An 800-foot-tall (244-meter) centerpiece is coming to Detroit's resurgent downtown as the city continues to build momentum nearly three years after exiting the largest municipal bankruptcy in U.S. history
Detroit lawyer turns in Rosa Parks items in bankruptcy case
Several items that belonged to civil rights icon Rosa Parks have been surrendered by her former attorney in Detroit as part of a bankruptcy case against him
Step Right up and Talk About the Presidential Candidates at the Williams County Fair!
ABC News' MaryAlice Parks asks voters in the battleground state of Ohio to step up and spin our wheel of election questions to find out what's on their minds.
After Scathing Goldman Sachs Op-Ed, Greg Smith Takes Aim at Helping Americans Retire Better
Investment banker Greg Smith made headlines more than three years ago with his scathing New York Times op-ed column, "Why I Am Leaving Goldman Sachs ." Today, he's bringing a sense of mission at work to a start-up in Kansas City, Kansas, that wants to help fix America's broken retirement system.
7 Gaffes That Might Haunt Mitt Romney in 2016
Mitt’s back! The two-time presidential candidate is making calls and meeting with advisors to form a rationale for a third bid. But if he does hit the road to the White House again in 2016, which he says will be different, will Mitt Romney be haunted by ghosts of campaigns past? Here’s a look at
This 11-Year-Old Detroit Girl’s Perfect Sales Pitch Will Blow You Away
Asia Newson, 11, could sell dust to a desert. “Since I was about 4 or 5-years-old, I've always had, like, the vibe, or, like, I don’t know, little power ball that keeps me going,” Asia told ABC News’ “20/20.” Known as “Detroit’s youngest entrepreneur,” Asia is the co-founder and CEO of Super
Subprime Auto Loans Help Fuel Auto Sales Boom
Morning Money Memo… Auto sales are booming with a strong pick-up in demand for light trucks and SUVs. “September was another strong month,” said Karl Brauer, senior analyst at Kelley Blue Book. “The market continues to embrace trucks and SUVs at every price point, with...
Playoff pros, cons and rootability
The 10 teams in the postseason haven't been to a World Series for a combined 207 years. So many championship-starved teams what's a fan to do? Who should you root for? Never fear. My annual Rootability Index breaks it down. St. Louis Cardinals Pros: The Cardinals play in a media market smaller
Lego Ascends Brick by Brick to No. 1 Toy Firm
Morning Money Memo: Move over Mattel. There is a new titan in the toy industry. Lego has become the world’s largest toy maker thanks to the success of “The Lego Movie” – one the year’s top box office hits – and the products associated with...
Detroit's Bankruptcy Battle Begins
The battle over Detroit's bankruptcy plan gets underway as the city looks to resolve its more than $7 billion in debt.