DETROIT (AP) - The judge who found Detroit is eligible for bankruptcy court is urging the city and its creditors to keep negotiating. Judge Steven Rhodes released a 150-page written opinion today that largely mimics his 90-minute remarks from the bench earlier in the week. But a written opinion was necessary, especially for unions and pension funds that are pursuing appeals.
TRAVERSE CITY, Mich. (AP) - Grand Traverse County officials have rejected plans to spend $1 million in reserves as they consider how to close a short-term deficit and cover a long-term unfunded pension liability. County commissioners voted last week to use $1 million from their $8 million general fund balance in the fiscal 2014 budget. The Traverse City Record-Eagle reports several commissioners reversed course during a committee meeting last night.
LANSING, Mich. (AP) - The Michigan House has put off voting on legislation to hold back third-graders who aren't proficient in reading and grade public schools from A to F instead of colors. The House had been expected to approve the bills today. But Republican House Speaker Jase Bolger says lawmakers listened to educators with concerns about the legislation and will do more homework on the bills that passed a committee a day ago.
DEARBORN, Mich. (AP) - The Ford Mustang is celebrating its 50th birthday with a new design and plans to go global. Ford is revealing the 2015 Mustang today at events in New York, Los Angeles, Shanghai, Sydney, Barcelona and its hometown of Dearborn, Michigan.
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