Power is slowly returning to Detroit, Michigan, after a massive power outage on Tuesday morning left much of the Motor City in the dark. As of 2:15 p.m., about 33 percent of the power outages had been restored, according to the Detroit Free Press, while the majority of city buildings should have electricity back by the evening. In a statement, the city said the power grid was shut down following a... 

A federal judge ruled Tuesday that Detroit, Michigan is indeed eligible for bankruptcy protection, giving the go-ahead to the once booming Motor City to move forward with plans to restructure more than $18 billion in debt. Amid reading excerpts from a lengthy decision of more than 140 pages, United States Bankruptcy Judge Steven Rhodes announced during Tuesday morning’s historic hearing that he... 

The city of Detroit has filed for federal bankruptcy, or Chapter 9 protection, which could mean municipal employees are laid off, assets sold and services like trash collection, which have already been cut to the bone, further scaled back. Detroit has become the largest city in American history to file for bankruptcy. Kevin Orr, a bankruptcy expert hired by the state of Michigan in March to try and...