Detroit economy Archives - Black Enterprise

Black Founders Praise Chase’s $100 Million Investment in Detroit Businesses

Carolyn M. BrownMay 31, 2016September 30, 2017

by Carolyn M. BrownMay 31, 2016September 30, 2017297

Detroit leaders and organizations are working with JPMorgan Chase to deploy the bankâ€™s $100 million commitment in various ways that are advancing the cityâ€™s priorities...

Money

With Few Options, City of Detroit Files for Bankruptcy

Darren SandsJuly 18, 2013September 29, 2017

by Darren SandsJuly 18, 2013September 29, 2017136

Detroit's 16-page petition was filed in its U.S. Bankruptcy Court...

News

On Brink of Bankruptcy, Detroit Stops Debt Payments, Cuts Pensions

Makkada B. SelahJune 15, 2013June 16, 2013

by Makkada B. SelahJune 15, 2013June 16, 2013195

Detroit's emergency manager says the city is on the brink of financial ruin...

Money

Report Paints Grim Financial Picture for City of Detroit

Darren SandsMay 13, 2013May 14, 2013

by Darren SandsMay 13, 2013May 14, 2013176

The report was completed by Washington, D.C.- based bankruptcy lawyer Kevyn D. Orr, who was appointed to the emergency post on March 25 by Mayor...

Motor City Overhaul

BLACK ENTERPRISE EditorsOctober 27, 2009November 2, 2009

by BLACK ENTERPRISE EditorsOctober 27, 2009November 2, 2009154

When Black Enterprise announced its decision to have its 2009 Entrepreneurs Conference + Expo in Detroit, the move raised more than a few eyebrows. After...