Michigan

The Detroit Public Schools Community District plans to cut more than 60 jobs .

Michigan lawmakers approved fundamental changes to retirement benefits for teachers.

Detroit approved $34.5 million in borrowing to finance the Detroit Pistons' move back to the city.

The Michigan Senate and House approved changes to the teachers’ pension system as part of a state budget deal.

Michigan's attorney general announced more felony charges in the Flint water contamination crisis.

Robert D. Gordon joins the law firm of Jenner & Block as a partner in its restructuring and bankruptcy practice. He will be based in New York City.

Once-bankrupt Detroit ended fiscal 2016 with a $63 million surplus.

Wayne County, Michigan hopes to parlay positive credit news into savings on an upcoming jail project issue.

PORT AUSTIN, Mich. -- Port Austin Township residents would rather not issue bond money intended to help finance the construction of a new township hall, according to unofficial election night results.

Voters in the West Bloomfield, Mich., School District passed a $120-million bond proposal Tuesday.

A conference in Chicago weighs lessons from Detroit's bankruptcy.

Burned by its water contamination crisis, Flint wants to stick with its current water supply.

Wayne County, Mich.’s fiscal chief who played a central role in its financial recovery is leaving to launch a private equity and turnaround firm.

A settlement tied to Flint, Michigan’s water contamination crisis alone won’t tax state finances but it underscores a collective burden that poses longer term pressures, S&P Global Ratings says.

Allen Park, Mich.'s financial ills have eased enough to garner a five notch ratings boost, moving it two notches from winning back its investment grade status.

S&P Global Ratings said it has raised its long-term and underlying rating on the city of Allen Park, Mich.'s existing general obligation debt to BB from CCC-plus.

Flint, Mich. will receive nearly $100 million in state and federal funds to replace thousands of water service lines under a settlement approved by a federal judge Tuesday.

Syncora Guarantee Inc. is looking to partner with a developer to lead the overhaul of Detroit land it acquired as part of its bankruptcy settlement with the city in 2014.

Detroit’s plan to create a fund to address a pension hole left behind after its historic bankruptcy got a thumbs up from Moody’s Investors Service.

With its aid levels at stake, Detroit Public Schools Community District is planning a preemptive strike against state plans to shutter schools.