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Top News & Analysis Detroit

  • Specialized hedge funds which transformed corporate bankruptcies may be poised to descend on another landscape: struggling cities and counties - and no place beckons more than Detroit.

  • Power House: Motor City Real Estate

    What can your money buy you in Detroit, Michigan? Jeff Glover, JeffGloverSells.com, weighs in.

  • Shinola Watches in Detroit.

    Five floors above West Milwaukee Street in Detroit, in the old home of General Motors design studio, a small company called Shinola is at work on a big dream. It is bringing high-end watchmaking back to the U.S.

  • Setting Up Shop In Detroit

    Shinola makes high-end watches and bicycles and is building a factory in Detroit, reports CNBC's Mary Thompson. Workers will assemble the company's 65 different styles of watches there.

  • Shinola: Putting a New Face on Detroit

    One company wants to put a new face on "Motown," reports CNBC's Mary Thompson

  • Buy General Motors or Ford?

    Are U.S. automakers back? Michael Ward, Sterne Agee auto analyst, explains why he is betting big on Detroit.

  • GM 2013 Cadillac SRX Luxury Crossover

    GM recalls some 2013 Buick LaCrosse and Cadillac SRX vehicles to fix a software issue that could increase the risk of a crash.

  • Michigan Governor Rick Snyder and Detroit Mayor Dave Bing

    Standard & Poor's on Friday showed its support for Michigan's takeover of Detroit by upgrading the city's credit rating to "stable" from "negative."

  • Kevyn Orr

    Bankruptcy lawyer Kevyn Orr was named Detroit's emergency financial manager.

  • Michigan Governor Rick Snyder and Detroit Mayor Dave Bing

    Kevyn Orr, the attorney who managed Chrysler's 2009 bankruptcy, is reportedly Michigan Gov. Rick Snyder's top pick to be Detroit's financial emergency manager.

  • Motown's Financial Blues

    Michigan Governor Rick Snyder formally declared a fiscal emergency in Detroit. Doc Thompson, Detroit Talk Radio Host; Andrew McCarthy, former Federal Prosecutor; and Ari Melber, Nation Magazine, weigh in.

  • Sergio Marchionne, Chairman and CEO , Chrysler Group LLC.

    Nearly four years after taking over Chrysler, Sergio Marchionne is ready to take the Detroit automaker to the next level.

  • A customer looks over a Ford Fusion parked on the lot at a dealership in Colma, Calif.

    Median-income families in only one major U.S. city actually can afford to buy a new car, a new study finds.

  • GM says starting next year it plans to put 4G LTE technology into millions of its cars, trucks and SUVs in a move that will put “mobile” into automobile.

  • Governor Rick Snyder

    Governor Rick Snyder has 30 days to decide if Detroit needs an emergency manager to oversee its finances after the city's fiscal situation was deemed a financial emergency.

  • GM reported fourth quarter earnings on Thursday that fell short of analysts' expectations, as losses in Europe widened and prices in its key North American market softened.

  • Bentley GT Speed Convertible

    At the Detroit Auto Show earlier this month, luxury was in the air. Pricey new Bentleys and Maseratis glittered - including a Maserati 2014 Quattroporte with a $132,000 price tag; U.S. Cabinet Secretaries and dignitaries rubbed shoulders; and many of the well-heeled attendees ponied up for a $300-a-ticket black-tie charity ball.

  • The usual explanations for reckless borrowing focus on people's character. But recent research has shown that scarcity by itself is enough to cause this kind of financial self-sabotage.

  • The Stingray Is Back

    Cuba has eased travel rules, and General Motors is unveiling its 2014 Chevrolet Corvette Stingray, with CNBC's Michelle Caruso-Cabrera and Stephan Paternot, Slated co-founder & chairman.

  • Mulally to Lead Ford Until at Least 2014

    Ford's turnaround plan is "clearly working," Ford CEO Alan Mulally said in a First on CNBC interview on Monday from the Detroit Auto Show.