By Ryan Felton DETROIT (Reuters) – Sixteen candidates are competing on Tuesday in a primary race that will produce two contenders for mayor of debt-laden Detroit, which filed for bankruptcy protection last month. The candidates are due to face off in a general election on November 5 to replace Mayor Dave Bing, who decided not to seek reelection after the city was put under the supervision of a state-appointed emergency manager in March. Once the automotive center of the world, Detroit’s economy and population have shrunk, and the city is saddled with $ 18 billion to $ 20 billion in debt. …
Economy News Headlines – Yahoo! News
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