Jurors in a city buffeted by financial crisis convicted former Detroit Mayor and current Grand Prairie resident Kwame Kilpatrick on corruption charges Monday.
General Motors made money in North America and Asia and lost a bundle in Europe as it nearly doubled last year’s fourth-quarter net profit, the company announced Thursday.
The Dallas Stars beat the Red Wings 2-1 and then had to spend the night in Detroit due to an engine problem following de-icing of the team plane.
Only a couple of weeks after Barack Obama won the presidency in 2008, the man who would become his Republican challenger in the next election penned a New York Times column with a fateful headline: “Let Detroit Go Bankrupt.”
Former Detroit Mayor Kwame Kilpatrick predicts that he’s “not going to spend another day” in prison as he faces a federal public corruption trial later this year.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to “hit bottom” and letting Detroit go bankrupt.
A risk of engine fires is forcing General Motors to recall its popular Chevrolet Cruze. The recall covers the 2011 and 2012 models and affects more than 475,000 cars.
Former Detroit Mayor Kwame Kilpatrick has expressed concern to Michigan prison officials about performing 16 hours of community service a month as a condition of his parole.
Hostess has told Michigan officials that it could lay off all of its 381 employees at 20 locations in the state if the company liquidates as part of its bankruptcy restructuring.
A city infamous for its unemployment, decay and crime would seem an odd place for an upscale natural and organic grocery chain to plant roots.
General Motors is suspending production of its Chevrolet Volt electric car for five weeks — March 19 to April 23 — amid disappointing sales.
Nelson Cruz’s $16 million, two-year contract with the Texas Rangers calls for the AL championship series MVP to receive a $500,000 signing bonus and salaries of $5 million this year and $10.5 million in 2013.