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New EMF takes over in Benton Harbor
Today (Friday) a new Emergency Financial Manager takes over in Benton Harbor. But will he be able to do what the last one couldn't – fix the city's massive money problems? Tony Saunders comes from Highland Park, Michigan. In less than a year there...Tags: Economy, Business and Finance
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Benton Harbor gets new Emergency Financial Manager
Joseph Harris is out as Benton Harbor's emergency financial manager. The Local Emergency Financial Assistance Loan Board on Friday voted to appoint Tony Saunders II to replace Harris. Saunders' appointment is effective Feb. 1. Saunders had...Tags: Rick Snyder, Economy, Business and Finance, Politics, Jennifer Granholm, Government
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Convicted financier says he can't afford a lawyer
INDIANAPOLIS (AP) — An Indiana financier and former chief executive of National Lampoon who was convicted of swindling investors out of about $200 million says he can't afford to hire an attorney to handle his appeal. In federal court documents...
Tags: Economy, Business and Finance, Fraud, Companies and Corporations, Justice System, Financially Distressed Companies
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Indiana financier to appeal $200M fraud sentence as indigent
INDIANAPOLIS (AP) — A federal judge says a former Indiana financier doesn't have to pay to appeal his conviction for swindling investors out of more than $200 million. U.S. District Judge Jane Magnus-Stinson issued an order granting Timothy...
Tags: Punishment, Economy, Business and Finance, Trials, Judges, Crime, Law and Justice
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Michigan Senate OKs new emergency manager proposal
LANSING, Mich. (AP) — The Republican-led Michigan Legislature cleared the way Thursday for GOP Gov. Rick Snyder to sign a replacement for an emergency manager law struck down by voters, delivering another punch to Democrats still reeling from this...
Tags: Economy, Business and Finance, Politics, Michigan Legislature, Democratic Party, Voting
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Indiana changed state under 8 years of Daniels
INDIANAPOLIS (AP) — Gov. Mitch Daniels will leave Indiana a state modeled after the businessman's conservatism he practiced and studied for decades, with all the successes and mistakes that came of his bold vision. He leased the Indiana Toll...
Tags: Unemployment Benefits, Politics, Government, Corporate Officers, Temporary Assistance for Needy Families
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Big winners share lessons, risks of $500M Powerball win
COLUMBIA, Mo. (AP) — So you just won the $500 million Powerball jackpot, the second highest in lottery history. Now what? Perhaps it's time for a tropical vacation or a new car. There are bills to pay, loans to settle, debts to square. Past...
Tags: Employees, Lincoln, Economy, Business and Finance, Powerball Lottery, Lexus
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Southwest Michigan town successful after state takeover
WSBT-TVTHREE OAKS, Mich. – The city of Benton Harbor is millions of dollars in debt and could be facing bankruptcy. 2 1/2 years ago, the state appointed an emergency financial manager to help turn around the city. Benton Harbor continues to struggle...Tags: Economy, Business and Finance, Bankruptcy, Financially Distressed Companies
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South Bend to support F Cubed switch
South Bend TribuneSOUTH BEND -- Consider it a graduation gift -- with one important string attached. The city, by way of the Redevelopment Commission, has decided to invest in F Cubed, a start-up company that recently announced plans to move out of Innovation Park at...Tags: Medical Procedures and Tests, Economy, Business and Finance, E. coli Infection
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What if there's no Benton Harbor Police Department?
WSBT-TVBENTON HARBOR – The Berrien County Sheriff's Department is preparing to patrol Benton Harbor City streets if they have to. On Monday, we first told you Benton Harbor's Emergency Financial Manager is considering disbanding the city's police...Tags: U.S. Department of the Treasury, Economy, Business and Finance, Judges, Bankruptcy, Justice System
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Ind. justices weigh largest school voucher program
INDIANAPOLIS (AP) — Indiana Supreme Court justices weighing the legality of the nation's largest school voucher program made clear during a packed hearing Wednesday that the program's fate may rest on whether it primarily benefits students'...Tags: Tony Bennett, Economy, Business and Finance, Justice System, Teaching and Learning, Lawyers
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Panel suggests more Michigan education choices
DETROIT (AP) — Public school students in Michigan would be able to attend state-funded classes in any other district and even online under a proposal commissioned by Gov. Rick Snyder Proponents say the recommendation, which the Oxford Foundation-...
Tags: Economy, Business and Finance, Politics, Government, Keith Johnson, Executive Branch
Feb 1, 2013
|Story| WSBT-TV
Jan 11, 2013
|Story| WSBT-TV
Dec 18, 2012
|Story| AP Indiana
Jan 7, 2013
|Story| AP Broadcast
Dec 13, 2012
|Story| AP Broadcast
Jan 1, 2013
|Story| AP Indiana
Nov 28, 2012
|Story| AP Indiana
Nov 26, 2012
|Story| WSBT-TV
Nov 26, 2012
|Story| South Bend Tribune
Nov 20, 2012
|Story| WSBT-TV
Nov 21, 2012
|Story| AP Broadcast
Nov 19, 2012
|Story| AP Broadcast
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