Snyder, Paulson to discuss foreign investment today
Governor Rick Snyder and former U.S. Treasury Secretary Henry Paulson are expected to discuss how foreign direct investment can benefit Michigan and the Detroit area. They will speak Monday afternoon during a Detroit Economic Club event at Ford Field.
An annual conference of Underground Railroad scholars and enthusiasts is coming to Detroit. The Detroit News reports the event coordinated by the National Park Service will explore the roles women played as leaders along the secret network for runaway slaves. Detroit was the last stop on the Underground Railroad before the Civil War.
An effort by deep-pocketed philanthropists to save the bankrupt city of Detroit's art treasures culminated today when Michigan Governor Rick Snyder authorized $195 million in state help. The bill signing in Detroit was part of what's dubbed the Grand Bargain. The deal also includes $366 million from foundations and a $100 million fundraising pledge by the Detroit Institute of Arts.
Detroit Mayor Mike Duggan told the thousands of people who attended the local NAACP chapter's annual Fight for Freedom Fund Dinner that the struggle for equality goes on, despite the progress that has been made.
Once again, musicians from around the world and right here in Metro Detroit will come together to weave deep, meaningful stories through their music that are at the very root of what makes jazz an art form that imitates, creates and expands our collective musical and life experiences. Click through for full details.
In his third year as the Detroit Jazz Festival Artistic Director, Chris Collins has cultivated another amazing lineup for this year's Labor Day weekend performances. The vision for 2014 is to continue to create musical experiences and collaborations that articulate "Jazz Speaks for Life," the important words spoken by Dr. Martin Luther King Jr.
Experts said that even in the wake of tentative agreements between the city and Detroit retirees and pensioners, the bondholders and others pushing hard for a sale of art still have viable legal arguments. It's therefore too early to predict whether or not Detroit's emergency manager might still be pressured into putting DIA art back on the table, they said.
Pressure is building for Michigan lawmakers to commit $350 million to Detroit pensions after the bankrupt city reached tentative agreements with pension funds and a retiree group. The deals are tied to Detroit getting money from the state over 20 years, along with $466 million in private money, all to shore up pensions.
The Detroit pension fund that covers all retirees except former police officers and firefighters says it has reached a tentative agreement with the bankrupt city. Tina Bassett, a spokeswoman for the city's general pension fund, says retirees would see a 4.5 percent cut and their cost-of-living payments would be eliminated under a deal reached late Tuesday.
The Detroit Jazz Festival announced a slew of headliners Tuesday, including jazz icons Ramsey Lewis, Pharoah Sanders, Stanley Clarke and Ron Carter, for the 35th annual festival that takes place over Labor Day weekend in downtown Detroit.
The four-day explosion of jazz, the largest free jazz festival in the world, will be presented on four stages from the Detroit riverfront up to Campus Martius from Aug. 29-Sept. 1. Saxophonist Joshua Redman, who’s toured with Jack DeJohnette and Pat Metheny, will be the 2014 Artist in Residence.
Governor Rick Snyder is getting up early to talk about Detroit.
Snyder is speaking this morning at Pancakes and Politics. It's a regular event featuring elected leaders from the state Capitol or southeastern Michigan. It's being held at the Detroit Athletic Club near Comerica Park.
The third annual Cinetopia International Film Festival will include a greater presence in Detroit. About 100 screenings will be split equally between Ann Arbor and Detroit for this year's festival which runs from June 4th through the 8th.