Speeding down the path to bring Detroit out of bankruptcy, city retirees — considered the linchpins of the court proceedings — approved pension cuts and a move to spin off the art museum as an independent nonprofit. The vote should keep the city's biggest creditors at bay. Read more

The city of Detroit filed a 120-page plan for bankruptcy today, including plans for investments in public safety, pensions for retirees and the Detroit Institute of Arts. If you've got time, read it here.