Detroit bankruptcy

Moody's Investors Service revised its outlook on Detroit's general obligation bonds to positive from stable and affirmed its junk Ba3 rating.

Drawing the distinction between the region and the city helps the city provide better revenue projections going forward.

CFO Dave Massaron said the city is mindful of a potential downturn as it navigates its fiscal recovery from bankruptcy.

Officials of the art museum say the effects of Detroit's bankruptcy have impeded their efforts to build the endowment they had envisioned.

Paul Burton hosts from the Villanova School of Business campus in Philadelphia with finance professor David Fiorenza, where he and his "economics of art and entertainment" students discuss sports betting, casinos, stadium financing and Detroit bankruptcy art assets.

Detroit approved its first budget after leaving state oversight and city officials say they will get its ratings back to investment grade.

Four California and Chicago school districts are among issuers to earn negative outlooks in Fitch revisions after a ruling in Puerto Rico's bankruptcy.

Detroit issued bonds Friday to fund the successful tender offer.

A junk-rated $112 million deal without state backing will test the market's perceptions of the city's recovery from its Chapter 9 bankruptcy.

The comprehensive new law modernizes bond statutes on the books since the 1980s.

It’s the city’s first bond investor conference since exiting active state oversight earlier this year.

The city’s ability to sustain strong reserves will be a key credit factor going forward, S&P Global Ratings said.

Detroit's financial progress since its 2014 exit from Chapter 9 still leaves the city with debt, pension and economic development challenges.

The action set the stage for the city’s exit from direct state supervision later this month.

Detroit's plan to pay off some bankruptcy-related debt early should save $11.7 million.

The insurer wants more time to develop land it received as part of the city's bankruptcy exit.

Detroit wants to use $55 million in surplus cash to retire debt issued in 2014 as part of the city’s exit from Chapter 9 bankruptcy.

The city ended fiscal 2017 with a $53 million surplus, marking its third straight budget surplus since exiting bankruptcy.

Moody's Investors Service said it upgraded the city of Detroit, Mich.'s issuer rating to B1 from B2.

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