Change of Heart Over Detroit – Wall Street Journal
Wall Street Journal Change of Heart Over DetroitWall Street JournalDetroit is littered with empty lots and abandoned buildings, such as the Brewster-Douglas housing project. The city filed for bankruptcy Thursday.…
Legal battle brews over Detroit bankruptcy filing – USA TODAY
Wall Street Journal Legal battle brews over Detroit bankruptcy filingUSA TODAYThe city's emergency manager says that pension and health care benefits are safe for at least the next six months.…
Canadian cities, take note of Detroit’s downfall
Canada’s municipalities may be unlikely to face the same fate as Detroit, which became the largest U.S. city to file for bankruptcy, but the financial fall of Motor City carries…
Banks’ influence over raw materials supply chain under scrutiny – Financial Times
Livemint Banks' influence over raw materials supply chain under scrutinyFinancial TimesWall Street banks' rise as merchants of oil, natural gas, coal and industrial metals is under threat as a US…
Gas prices spike in Canada as oil heads higher
With oil prices rising above $ 109 US a barrel Friday, Canadians are feeling pain at the pump. The average gas price across Canada was $ 1.36 a litre. CBC…
GM CEO: Auto industry had role in Detroit fiscal slide – USA TODAY
ABC News GM CEO: Auto industry had role in Detroit fiscal slideUSA TODAYThe quicker the bankruptcy process, the better for city, the state and the auto industry, Dan Akerson says.…
How did Detroit fall into the abyss? – Fox News
Wall Street Journal How did Detroit fall into the abyss?Fox NewsThe bankruptcy filing for Detroit marks a final step in the chrome-plated city's decades-long decline – which started with the…
$1B settlement approved by court in Toyota recall
A California judge has approved a settlement that will return $ 1 billion US to Toyota vehicle owners affected by a 2009 recall over claims of faulty accelerators. CBC |…
Analysis: Detroit filing sends benefits’ warning to other cities – Reuters
ABC News Analysis: Detroit filing sends benefits' warning to other citiesReutersBy Tiziana Barghini. NEW YORK | Sat Jul 20, 2013 8:11am EDT. NEW YORK (Reuters) – Many U.S. cities have…
Detroit bankruptcy: Is it a warning sign of things to come?
What if Detroit isn’t a blip? Because an analyst best known for predicting the 2008 financial crisis says the city’s fate could be a sign of things to come. CBC…
