It's looking like Canadian furniture magnate and adventurer Bruno Rodi will step in to save the troubled firm.
The company's bike-sharing systems are in place in cities all over the world. So what happens next?
The city's emergency manager reaches a power-sharing agreement.
The DIA's fortunes weren't always so grim.
Providence's mayor tamed his city's money problems in just one term. Will that propel him to statewide office?
The libertarian from Kentucky has his own plan for how to save Detroit.
And its pensions could be cut, a judge has ruled.
How do you campaign to be in charge of nothing?
The high cost of going broke.
A reminder that the consequences of globalization are far-reaching and unexpected.
A victory for the city's lawyers, a defeat for public-employee unions.
In October 1975, only the whims of a union leader separated the city from default.
Kirk Crippens has been taking pictures of Stockton, California, since its housing bubble famously burst.
Citing the state's constitution, which bars actions that would reduce the pensions of public employees, a Michigan judge blocked the historic filing.
Stories of plucky urban homesteaders and community gardens may have distracted us from reality.
Answers to the questions we're all asking today.
Detroit is activating a specific section of the U.S. bankruptcy code that applies to municipalities.
The city filed for Chapter 9 protection Thursday, the largest U.S. municipality ever to do so.
Snyder has "top candidate" for Emergency Manager in mind; consolidation of power will likely lead to cuts and asset sales that the mayor and city council sought to avoid.
A former chief in Stockton, California, is making $204,000 a year. This is unsustainable, and it needs to stop.