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Week in Review.

Publication: Crain's Detroit Business
Publication Date: 29-SEP-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Green, newly clean

The city celebrated the restoration of 50-year-old landmark "Spirit of Detroit'' Tuesday. The cleaning and repair of the bronze statue, sculpted by Marshall Fredericks, cost $152,000.

Detroit Renaissance has plan to save state $800M

Detroit Renaissance Inc. has submitted to the governor and state legislative leaders options it said in 10 years would produce $800 million in annual savings by focusing on changes in corrections, Medicaid, teacher retirement benefits and state employee health benefits.

The CEO group says the state needs to, among other things: change incarceration policies and sentencing guidelines; restrict Medicaid eligibility; change benefit policies for new teachers; and reduce state employees' benefits.

MEGA board OKs tax incentives for Volt projects

The Michigan Economic Growth Authority board...

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