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The architect of Detroit's bankruptcy filing 10 years ago says it was the best fix for a broken city

The architect of Detroit's bankruptcy filing 10 years ago says it was the best fix for a broken city

DETROIT (AP) — Detroit's newly hired emergency manager, Kevyn Orr, stood before reporters in March 2013 and issued a warning to city creditors, unions, vendors and others: “Don’t make me go to bankruptcy court. You won't enjoy it.
Looking for financial advice? Try AI, suggest some in the sector

Looking for financial advice? Try AI, suggest some in the sector

From writing cover letters to drafting academic articles, generative AI programs are transforming the way business is conducted -- including in the financial planning field.
Quick grants from tech billionaires aim to speed up science research. But not all scientists approve

Quick grants from tech billionaires aim to speed up science research. But not all scientists approve

In March 2020, an experiment in science philanthropy was hatched in the span of a five-minute call.
Here's a list of June inflation rates for selected Canadian cities

Here's a list of June inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 2.8 per cent in June, Statistics Canada says.
Here's a list June inflation rates for Canadian provinces

Here's a list June inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 2.8 per cent in June, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 1.7 per cent (1.7) — Prince Edward Island: 0.
China Evergrande reports its debt rose to $340 billion in 2022. It plans meetings with creditors

China Evergrande reports its debt rose to $340 billion in 2022. It plans meetings with creditors

BEIJING (AP) — China Evergrande, the property developer whose woes helped bring about a slump in the country’s vitally important real estate market, has reported its debts rose further to about $340 billion by the end of last year.
Bankruptcy slams the brakes on Dutch e-bike manufacturer VanMoof

Bankruptcy slams the brakes on Dutch e-bike manufacturer VanMoof

AMSTERDAM (AP) — Dutch bicycle maker VanMoof has been declared bankrupt, slamming the brakes on a company that won design awards for its stylish, minimalist electric bikes but struggled to meet soaring demand and fix glitches with the app powering it
Millennial Money: 4 takeaways from Netflix's money shows

Millennial Money: 4 takeaways from Netflix's money shows

In the past year, streaming service Netflix has released two financially focused offerings: the film “Get Smart With Money” and the series “How to Get Rich.
Canadian cinemas brace for film release slowdown as Hollywood strikes continue

Canadian cinemas brace for film release slowdown as Hollywood strikes continue

Canadian movie theatre owners say they're nervously watching for developments in dual Hollywood strikes and plan to show more classics, cult favourites and live events if the labour disruptions stretch on.
Civil rights groups sue Florida officials over new immigration law

Civil rights groups sue Florida officials over new immigration law

MIAMI (AP) — Several civil rights groups filed a federal lawsuit on Monday challenging Florida's new immigration law.