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  1. July 22, 2014

    Detroit retirees back city bankruptcy plan

    Detroit’s regeneration Detroit’s retirees have voted overwhelmingly in favour of the city’s plan to restructure its $18.5bn...

  2. July 20, 2014

    A qualified defence of economic complexity

    The Butterfly Defect: How Globalization Creates Systemic Risks, and What to do About It, by Ian Goldin and Mike Mariathasan,...

Special Reports

  1. Urban Ingenuity

    The winners of the 2013 FT/Citi Ingenuity Awards: Urban Ideas in Action...
  2. India and Globalisation 2012

    Growth has slowed at home but cash-rich, family-owned groups are still in the mood to ...
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  1. July 14, 2014

    Eminem, Wembley Stadium, London – review

    It was more by accident than design that Wembley Stadium ended up hosting its first rap headliner. Eminem originally wanted...

  2. June 25, 2014

    James Lee Byars: 1/2 an Autobiography, MoMA PS1, New York – review

    Buried deep within the labyrinthine halls of PS1 is a dark, silent void. Walk in, and the blackness hovers menacingly,...

  3. FT Data

    June 13, 2014

    Just what has Elon Musk given away?

    by Henry Foy, ‎Automotive Correspondent Henry Ford, the grandfather of the car industry and Tesla CEO Elon Musk, its current...

  4. May 28, 2014

    US estimates regenerating derelict Detroit will cost $2bn

    Detroit’s regeneration The full extent of Detroit’s blight is finally known, and so is the cost to clean it up. An Obama...

  5. FT Alphaville

    May 21, 2014

    Further reading

    Elsewhere on Wednesday, - How ‘competitiveness’ became one of the great unquestioned virtues of contemporary culture. - The...

  6. April 16, 2014

    Detroit strikes major pension deal

    Detroit’s general retiree pension board, representing one of its largest groups of creditors, has agreed to a landmark...

  7. April 15, 2014

    Detroit agrees to full pension deal with retirees

    Detroit has struck a deal that will keep whole the pensions of most of its retired police and fire fighters – among the...

  8. April 14, 2014

    A map, a car, 8,000 miles and four MBAs

    Casey Gerald and Michael Baker have a great deal to do. The two Harvard Business School MBAs are talking to me from their...

  9. April 11, 2014

    Orr hopes to steer Motown out of the blues

    Kevyn Orr, the man charged with leading Detroit out of the largest municipal bankruptcy in US history, likes to say he is...

  10. April 9, 2014

    Bankruptcy battle heats up over offers for Detroit art collection

    Battle over Detroit’s art collection The battle over Detroit’s art collection heated up on Wednesday when the bankrupt...

  11. March 26, 2014

    Watchmakers turn to new product ranges

    Luxury fashion brands have been diversifying into other categories, such as jewellery, sunglasses and shoes, for a long...

  12. March 21, 2014

    New General Motors chief passes her first public test

    There was no doubting the star of this year’s Detroit auto show. On January 12, the evening before the show’s official...

  13. March 19, 2014

    Chicago confronts dirty bonanza of Canadian tar sand boom

    A bulldozer rumbles over a mountain of fine black powder amid the abandoned shells of long-shuttered steel mills in a poor...

  14. beyondbrics

    March 4, 2014

    Guest post: Argentina and Detroit - different (zip) codes

    By Marcelo Etchebarne Mihanovich of Cabanellas Etchebarne Kelly Two cases pending in US federal courts show how sovereign...

  15. February 25, 2014

    Detroit / GOs: go figure

    Once upon a time (before the financial crisis) US municipal bonds formed one big, homogenous market. About 50 to 60 per cent...

  16. February 24, 2014

    Actuaries urge change to pension reports

    A panel of US pension experts has recommended changes to the way that public sector retirement schemes report and measure...

  17. February 21, 2014

    Bondholders hit in Detroit restructuring

    Detroit is putting pension funds ahead of bondholders in a proposed restructuring plan as it seeks to pay $18bn in debts and...

  18. February 20, 2014

    Only Lovers Left Alive – film review

    Tilda Swinton and Tom Hiddleston are aeons-old vampires in Only Lovers Left Alive. Jim Jarmusch, the sage and mage of...

  19. February 19, 2014

    Municipal bonds boosted by tax breaks

    Benjamin Franklin declared that “nothing can be said to be certain, except death and taxes”. But while investing in US...

  20. February 16, 2014

    Tough conditions in US auto sector push down wages

    The generally tough conditions for car workers across the industrialised world have been reflected in sharp falls in pay and...

  21. February 15, 2014

    VW workers at US car plant snub union

    US labour unions’ efforts to push beyond their traditional heartlands suffered a significant blow on Friday when workers at...

  22. February 12, 2014

    Munis: rates, rates, rates

    Defaults and bankruptcies, especially big ones, are racy. But in the US municipal bond market, performance often comes down...

  23. FT Alphaville

    February 5, 2014

    A Puerto Rico downgrade cheat sheet

    This short note from Nuveen is the best quick way we’ve come across to catch up on the Puerto Rico downgrade situation...

  24. February 5, 2014

    New contract to hedge high aluminium premium

    Aluminium traders and the London Metal Exchange are in advanced discussions over a new contract that will allow consumers to...

  25. February 1, 2014

    Detroit sues over ‘disastrous’ pension deal

    Detroit has filed a lawsuit challenging the legality of a “disastrous” $1.44bn pension funding deal that it said “hastened”...

  26. Business Blog

    January 29, 2014

    A banking intern's poetic lament

    Following the recent news that some investment banks had decided to make working conditions more palatable for junior...

  27. January 26, 2014

    US public pensions: discounting the problem

    There is no use crying over spilt milk. But you can have a nasty fight over what drops are left. In Detroit’s bankruptcy...

  28. January 23, 2014

    Investors, look beyond Davos to indebted Detroit

    The gritty streets of Detroit are more than 4,000 miles as the crow flies from Davos in Switzerland, where luminaries from...

  29. January 23, 2014

    Chrysler rolls out capital expenditure plans

    As he launched Chrysler’s new flagship sedan – the Chrysler 200 – at last week’s Detroit Auto Show, Al Gardner touted not...

  30. January 22, 2014

    Michigan governor proposes $350m commitment to Detroit

    Michigan’s governor has proposed a deal that would see the state commit up to $350m over 20 years to help Detroit pensioners...

  31. January 19, 2014

    Behind the scenes at Shinola

    Shinola: behind the scenes Lakiska Raybon used to spend five days a week in one of Detroit’s dimly lit auto shops, where the...

  32. January 19, 2014

    Motor shows risk becoming the industry’s drive-by sideshows

    Audi did not have much to shout about at the world’s most famous motor show last week. The German luxury carmaker had...

  33. January 15, 2014

    Steelmakers must step on gas to keep car work

    US steelmakers face pressure to accelerate production of the latest types of steel to protect their position in the...

  34. January 14, 2014

    Ford says more cars are not the answer to cities’ problems

    Ford Motor, which pioneered the affordable mass-produced motor car, is looking to play a bigger role in building public...

  35. January 14, 2014

    Regulatory crackdown fuels car groups’ efficiency drive

    It was presented as a decisive and savvy market move. In a semi-derelict factory building in Detroit on Sunday evening,...

  36. January 14, 2014

    US urged to examine oversight of $4tn muni bond market

    The US should re-examine oversight of the $4tn municipal bond market, where states and municipalities raise money, according...

  37. January 13, 2014

    Foundations pledge $330m to save Detroit’s art from bankruptcy sale

    The city of Detroit may get to keep its works by Van Gogh, Bruegel and Matisse after a group of charitable foundations and...

  38. January 13, 2014

    Sporty Toyota highlights rebrand efforts

    There could hardly be a stronger contrast between the low-slung, bright-red sports car that Toyota introduced to the public...

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