Page 2 - Jay Rising News Today

Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies.

Moody’s Investors Service upgrades Detroit's credit rating, leading to potential revenue growth and strengthening value per capita.

The city says it can't afford a pension fund change that forces it to pay down unfunded liabilities more quickly; it may also lobby state lawmakers.

The city of Detroit is considering raising minimum wage for its government employees to $15 an hour.Mayor Mike Duggan, City Council President Mary Sheffield and City Council member Latisha Johnson announced the plan Wednesday. City Council must still pass a measure Johnson sponsored to institute…

Detroit has spent less than $80,000 of the more than $826 million in COVID-19 relief funds it received; the state had spent none of its $6.5 billion by the end of July. Many blame politics for the slow spending.

Detroits controversial charter revision plan, Proposal P, fails With about 80% 67% of voters were rejecting Proposal P, the wide-ranging plan that outlined a new process for the selection of the citys top attorney and police chief and would create a voter-installed fire department oversight board.  It called for the establishment of a department of disability affairs and department of environmental justice and sustainability as well as a task force on reparations and African American justi...

Rising had served as Detroits acting CFO since January.

City Council approves mayors decision to hire Rising Rising leads office dealing with deep COVID-19 revenue losses, federal aid windfall Jay Rising Detroit Mayor Mike Duggan has named Jay Rising, Gov. Gretchen Whitmers former cabinet director, as the citys permanent chief financial officer. Rising, who was also CFO of the Detroit Medical Center during the mayors tenure at the hospital systems helm, was named to the role in an acting capacity in January. Detroit City Council on Tuesday approved...

COVID-19 Update: Virus Closures Depress Detroit Casino Income to $639M During 2020, Test Alerts Adds Visitor Log Mode to Restaurant Contact Tracing Program, and More Here is a roundup of the latest news concerning the COVID-19 pandemic in addition to announcements from local, state, and federal governments, as well as international channels. To share a business or nonprofit story, please send us a message. Courtesy of Bridge Here is a roundup of the latest news concerning the COVID-19 pandemic ...