Let he who is without sin...
(FanHouse) — Bing has a lot to celebrate in a basketball life that eventually took him to the Naismith Hall of Fame, and he has much to take pride in from his immediate post-basketball career, as a successful businessman for nearly three decades. And the career he launched after that is worth celebrating as well […]
(Click On Detriot) — Ex-Detroit Mayor Kwame Kilpatrick has been indicted on 18 counts of federal fraud and tax charges. Federal prosecutors said the alleged scheme is related to the Kilpatrick Civic Fund, a tax-exempt fund that was supposed to pay for voter education and other purposes. nstead, Kilpatrick is accused of using it as a […]
(CNN Money) — It was only a decade ago that the U.S. stock market was considered the place where average Joes could achieve the American Dream, much like workers viewed Detroit’s once-gleaming auto industry. But after the technology bubble burst in 2000, the market’s reputation was tarnished — and folks started to favor flashier foreign […]
(Freep) — Chrysler is investing $300 million in Kokomo, Ind., to make a new eight-speed transmission developed by German supplier ZF that is expected to save jobs and improve fuel efficiency. The investment will preserve about 1,200 jobs already at the Indiana plant. The transmission, which Chrysler plans to begin making in 2013, will be […]
(Wall Street Journal) — This shrinking city needs to hang on to people like Johnette Barham: taxpaying, middle-class professionals who invest in local real estate, work and play downtown, and make their home here. Ms. Barham just left. And she’s not coming back. In seven years as a homeowner in Detroit, she endured more than […]
(Freep.com) — Local leaders commented on the sentencing of former Detroit Mayor Kwame Kilpatrick today. Rep. Cheeks Kilpatrick: ‘I love my son’ “My heart is heavy,” said U.S. Rep. Carolyn Cheeks Kilpatrick, the mother of Kwame Kilpatrick. “I love my son. I will continue to pray for him and all those affected by this process.” […]
(BlackPoliticsOnTheWeb.com) — Detroit Mayor Dave Bing said Thursday the city has no answer to the recent spike in violence that has left at least 12 people dead, including a patrolman, two teenage boys, a grandmother, the adult son of another police officer, and a 7-year-old girl. “It’s very demoralizing, very painful … don’t know how to […]
(AP) — A trade group representing Detroit automakers and Toyota Motor Corp. plans to pledge support for requiring brake override systems and vehicle “black boxes” on all new vehicles as Congress develops new safety improvements following Toyota’s large recalls. Toyota’s recall of more than 8 million vehicles around the globe to fix faulty accelerator pedals […]