Tags

"Detroit"

Detroit Bankruptcy | 5 Things To Know

December 4, 2013

Yesterday federal judge Steven Rhodes ruled Detroit was eligible file bankruptcy. What did the judge say, what does it mean and how did the city get into this mess?

Detroit Bankruptcy Ruling

December 3, 2013

Today, Federal Bankruptcy Judge Steven Rhodes ruled that the city of Detroit would receive chapter 9 bankruptcy protection. When Detroit filed for bankruptcy in July 2013, it had an estimated $18 billion in financial liabilities.

Detroit Story of Business Part 3

November 19, 2013

In these videos, we profile three different Detroit businesses and their hardworking owners. They told us the stories of their businesses, the challenges they face every day from a dysfunctional city government, and their thoughts on the Detroit bankruptcy proceedings.

Detroit Story of Business Part 2

November 19, 2013

In these videos, we profile three different Detroit businesses and their hardworking owners. They told us the stories of their businesses, the challenges they face every day from a dysfunctional city government, and their thoughts on the Detroit bankruptcy proceedings.

Detroit Story of Business Part 1

November 19, 2013

In these videos, we profile three different Detroit businesses and their hardworking owners. They told us the stories of their businesses, the challenges they face every day from a dysfunctional city government, and their thoughts on the Detroit bankruptcy proceedings.

Bankrupting America Launches New Web Series: “The Story of Business: Detroit”

October 24, 2013

Bankrupting America, a project of Public Notice, today released a three-part web series, titled “The Story of Business: Detroit,” which shows how three businesses in Detroit are trying to stay afloat and invest in their community, despite the financial uncertainty and shrinking population resulting from the city’s bankruptcy filing.

Three Videos That’ll Give You Hope About Detroit’s Future

October 23, 2013

Detroit is in trouble. No surprise there. In July, Detroit became the largest American city to file for bankruptcy. Detroit faces crippling unemployment, high taxes, out-of-control crime, and is $18 billion in debt. The facts are scary, but they don’t tell the whole story.

STORY OF BUSINESS: DETROIT | Additional Readings

October 23, 2013

On July 18, 2013, Detroit became the largest U.S. city ever to file for bankruptcy. The city faces a high unemployment rate, a high tax burden and $18 billion dollars of debt liabilities. Our Story of Business series follows three individuals and their efforts to keep their businesses afloat in a city with a shrinking population and financial uncertainty.

PIN IT: Percell | Detroit’s Story of Business

October 23, 2013

We profiled three different Detroit businesses and their hardworking owners. They told us the stories of their businesses, the challenges they face every day from a dysfunctional city government, and their thoughts on the Detroit bankruptcy proceedings. Watch the videos here.