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DBusiness Daily Update: MGM Grand Detroit Opens Detroit Central Market Food Hall Concept, and More - Vimarsana News

DBusiness Daily Update: MGM Grand Detroit Opens Detroit Central Market Food Hall Concept, and More

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

Detroit's credit rating upgrade may bring more jobs and opportunities to the city, residents - Vimarsana News

Detroit's credit rating upgrade may bring more jobs and opportunities to the city, residents

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

Detroit may ask bankruptcy court to counter pension fund action - Vimarsana News

Detroit may ask bankruptcy court to counter pension fund action

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.

Detroit aims to raise minimum wage for city workers to $15 an hour - Vimarsana News

Detroit aims to raise minimum wage for city workers to $15 an hour

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…

Michigan, Detroit Have Spent Hardly Any of Their COVID Millions - Vimarsana News

Michigan, Detroit Have Spent Hardly Any of Their COVID Millions

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.