Search results for

We’ve known for awhile that Detroit’s finances are reaching a crisis point. It’s believed the city could run out of money within the next few months. News…

This week's fraud conviction of Lee Farkas, CEO of one of the country's largest private mortgage lending companies, has been trumpeted by federal prosecutors. But opportunities for the Justice Department to crow about victories in financial cases are few and far between.

The City of St. Louis, Michigan needs a new water system. That’s because pollution from the old Velsicol Chemical plant is leaking into St. Louis’ water…

Detroit officials are trying to boost aid programs for people who struggle to pay their water bills--before the city starts shutting off residential…

Detroit mayor Dave Bing says he’ll resort to mandated employee furlough days before letting the city go broke.The city is facing a likely $18 million cash…

Detroit mayor Dave Bing says the Detroit City Council has pushed the city to the brink of another cash crisis.The Council voted Tuesday to reject a…

The Palisades nuclear power plant is returning to service after being shut down for the last four weeks to repair a leaking water tank.The tank is a giant…

The next two months will be crucial in determining the long-term future of Detroit’s water and sewerage system.Detroit owns and operates the municipal…

Update 4:58 pm:State Treasurer Andy Dillon says the district’s money problems are deep and troubling. He says the state will advance the school district…

It’s been called “the mother of all poisons.” You can't taste arsenic and you can’t smell it, which is why it’s been the poison of choice for centuries.…