The exodus from Detroit continues, the Census Bureau says, more feet-on-the-ground evidence that the city's chronic mismanagement is perpetuating a problem years in the making.
Metro Detroit's mega-hospital merger may be dead, but the forces that pushed Beaumont Health Systems into the arms of its larger rival, Henry Ford, are very much alive.
The threat of Chapter 9 bankruptcy for Michigan's largest city isn't squelching ideas whose times are overdue.
Emergency Manager Kevyn Orr’s 45-day report on Detroit’s financial condition, coming Monday, will be a series of messages to lenders, unions and pension funds. They are expected to help execute a sweeping restructuring of city government, preferably outside bankruptcy court.
Roger Penske just smiles. "It's not gonna happen again," the industrialist-cum-racing impresario said Wednesday, recalling the track fiasco at last year's Chevrolet Detroit Belle Isle Grand Prix that interrupted the weekend's marquee race and marred the return of IndyCar racing to the Motor City after a four-year hiatus.
Whatever Dave Bing decides about running for a second term, the NBA great-turned-politician will end his four-plus years as Detroit mayor with a mixed record.
Whatever the deep financial troubles weighing on Detroit, this week’s run of car sales and first-quarter financials shows its hometown automakers are firing on all cylinders.
Everybody’s dumping on Detroit again. If “everybody” means New York’s Nanny-in-Chief, Mayor Michael Bloomberg, and a thinly reported segment on Fox News’ “O’Reilly Factor” that used a slice of the city’s (verifiable) municipal dysfunction to depict a latter-day Pompeii in the Midwest.
Joe Harris can’t help himself. The former auditor general of Detroit and one-time emergency financial manager in Benton Harbor is working the numbers again, and what they say about the city’s financial management and collective bargaining prowess compared to similar cities is not encouraging.
Alan Mulally’s Blue Oval machine delivered record pre-tax profits of $2.4 billion in North America, but the most promising sign in Ford Motor Co.’s first quarter numbers is revival of a word generally not associated with Detroit’s automakers: growth.
It should surprise absolutely no one that the inevitable has occurred: The intense civic focus on Detroit, a product of the city’s dismal financial condition and political dysfunction, finally got a rise out of Oakland County Executive L. Brooks Patterson.
Mark Reuss should be a happy man. General Motors Co.’s Chevrolet brand is on a tear, booking 10 straight quarters of record global sales.
Two years after a debilitating strike pushed the Detroit Symphony Orchestra to the brink of its storied existence, the band is back.
Even as Emergency Manager Kevyn Orr is quietly meeting with city officials and studying Detroit’s grim financials, plans are accelerating behind the scenes to transfer selected departments and programs to outside agencies.
In an unambiguous show of support, General Motors Co.’s directors and top executives descended on their German headquarters this week to declare their ...
Gov. Rick Snyder’s economic record may be notching up Michigan’s cred on Wall Street and in the business community this spring, but with his fellow Republicans ...
Business / Economy / Politics / Autos
Daniel Howes is business columnist and associate business editor of The Detroit News. From 1999 to January 2003, he was based in Germany as The News' European correspondent and automotive columnist, reporting from more than 20 countries on three continents. Before heading to Europe, Howes was senior automotive writer and an investigative and projects reporter on the business desk. He came to Detroit in 1993 from The Roanoke Times in Virginia, where he covered business, politics and higher education. His column runs Tuesdays, Thursdays and Fridays. Reach him at firstname.lastname@example.org or through his blog.
More on Daniel Howes
- On media: He is a regular contributor to NewsTalk 760-WJR in Detroit and NPR's Michigan Radio, based in Ann Arbor. He appears often on radio and television locally, in the United States and overseas.
- On education: He holds a bachelor's degree in history from the College of Wooster in Ohio, and a master's in international affairs from Columbia University.
- On awards: Winner of multiple International Wheel Awards for column writing; a four-time winner of Northwestern University's Medill award for general markets coverage; a three-time finalist for the prestigious Gerald Loeb Awards, including an honorable mention for commentary in 2007; and winner of a Society of Business Editors and Writers award for commentary in 2012.
- Detroit Financial Review Final Report (PDF)
- Detroit Renaissance: Structural Reform Agenda (PDF)
- Road to Renaissance Report (PDF)
- University of Michigan Economic Outlook (PDF)
- Michigan Future Inc.: New Agenda for a New Michigan (PDF)
- U-M's Millenium Project: Roadmap to Michigan's Future
- Brookings Institution study: The Vital Center (PDF)
- Michigan Emergency Fiscal Memo
- Angelique Chengelis
- Terry Foster
- Tom Gage
- Jerry Green
- Lynn Henning
- Ted Kulfan
- Tom Markowski
- Chris McCosky
- John Niyo
- Bob Wojnowski
- Donna Terek
- Editorial + Opinion
- Nolan Finley
- Paul W. Smith
- Frank Beckmann
- George Will
- Thomas Sowell
- Froma Harrop
- Charles Krauthammer
- Clarence Page
- Kathleen Parker
- Michael Barone
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