Rand Paul came to Chicago yesterday and did something a Republican thinking about running for president typically wouldn’t do: subject himself to a nearly hour-long grilling by the one-time chief political strategist for President Barack Obama.
General Motors Co. replaced the head of its global vehicle engineering unit in a reorganization that includes more than doubling the number of product investigators after a small-car recall linked to at least 13 deaths raised concerns about vehicle safety at the automaker.
Richard Ravitch, who helped New York weather its fiscal crisis in the 1970s, was named by the judge overseeing Detroit’s record municipal bankruptcy as a court adviser to help evaluate that city’s debt-cutting plan.
In Detroit, 45 percent of the population rents and the remaining 55 percent are homeowners. And in the past year the Detroit real estate market has seen an 4.3 percent increase in value, with a median sales price of $26,500, according to Zillow.