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Rating vs. Resume: Can Bad Credit Kill Your Job Prospects?
We reported yesterday on a lawsuit brought against test-prep giant Kaplan by the Equal Employment Opportunity Commission, who accused the company of discriminating against African-American job applicants by using credit histories in their hiring processes. As it turns out, Kaplan is hardly the only company to do so. According to Takeaway listener Christina Tobin, her […]
Waiting for the Bus: Detroit Public Transit
How long would you be prepared to wait for a bus? Ten minutes — maybe twenty. Try three hours. Here in Motor City, for the many thousands of people here who don’t have a car, and that’s about a third, getting from A to B is proving almost impossible. Some riders say the poor service has […]
Detroit Avoids State Takeover
Detroit has had today’s date circled on its calendar for months. Under a state statute, today marks the deadline for Michigan Governor Rick Snyder to decide how to appropriately handle Detroit’s $200 million budget deficit. Detroit is mired in $12 billion in long term-liabilities and its been estimated that the city could run out of money as […]
Detroit Mayor Hospitalized as City Nears Bankruptcy
The auto industry may be on its way back, but Detroit is close to bankruptcy. The city faces a budget deficit of $200 million and today is the deadline for a financial review panel to decide what the city’s next steps should be. But as the city’s fate hangs in the balance, Detroit Mayor Dave […]
Cash-Strapped Detroit Suspends Payment to Vendors
The city of Detroit has begun suspending payments to some of its vendors in order to be able to cover basic services and make payroll. If the city is not able to resolve its budget crisis on its own, the state is likely to appoint an emergency manager to restructure the city and rescue it from […]
Detroit Mayor Outlines Plan to Deal with City Crisis
Mayor of Detroit Dave Bing spoke to residents last night about the state of their city, and the outlook was not good. He outlined his key strategies to try and get the city back on track including improving safety and transportation, and reforming jobs and pensions. He also spoke about how he was going to raise […]