On July 18, Detroit became the biggest city to file for bankruptcy in US history. It owes about 100,000 creditors between US$18 and US$20 billion.

Detroit in July became the largest city in US history to seek bankruptcy protection. Photo: AFP

Detroit considers pushing its retirees into health exchanges: lawyer

Detroit’s emergency manager is considering ending its health insurance coverage for city retirees under age 65 and giving them a modest stipend to purchase insurance from the health exchanges being established under Obamacare, according to a lawyer who represents two associations of public worker