Bankruptcy expert named Detroit emergency manager

Kevyn Orr anwsers a question during a news conference in Detroit, Thursday, March 14, 2013. Gov. Rick Snyder announced that he had chosen Orr, a partner in the Cleveland-based law and restructuring Jones Day firm, as Detroit's emergency manager. Snyder's already declared a financial emergency in Detroit, saying local officials lacked a plan to solve it. (AP Photo/Paul Sancya)

DETROIT (AP) — Michigan's governor appointed an auto-industry turnaround expert Thursday to steer Detroit back from the brink of ruin. …read more
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