| Apr 15, 2014
| 12:41 PM
Detroit, fighting its way through the largest public bankruptcy in U.S. history, has reached an agreement that preserves current pensions but cuts cost-of-living payments for retired police and firefighters.
The agreement, announced Tuesday, is the...
| Apr 16, 2014
| 7:49 AM
Mt. Gox, the online bitcoin exchange that shuttered in February, said Wednesday that a Japanese court had dismissed its request for a civil rehabilitation proceeding, similar to a Chapter 11 bankruptcy filing.
As a result, the bitcoin exchange said...
| Apr 20, 2014
| 5:00 AM
The job: Bill Dombrowski is president of the California Retailers Assn., a trade group based in Sacramento that includes most of the country's largest store chains, including 7-Eleven Inc., Safeway Inc., Macy's Inc., Wal-Mart Stores Inc. and Home Depot...
| Apr 20, 2014
The founder of 1st Mariner launched the Baltimore bank as an alternative to big, faceless, out-of-state institutions at a time when banks based elsewhere had rapidly gobbled up 30 percent of the Maryland market.
Now — 19 years and many...
| Apr 20, 2014
| 4:10 AM
Bernard Madoff's investor fraud took the Ponzi scheme to a new level, but it wasn't so long ago that Connecticut had its own infamous fraud case tied to some of Hartford's most well-known real estate: Colonial Realty Co.
And in the two decades since...
| Apr 19, 2014
| 11:00 AM
High finance is a small world, just as Baltimore is a small town, and it showed as potential conflicts of interest cropped up during a fight over ownership of the city's biggest local bank.
Two groups bid for 1st Mariner Bank in an April 10 auction, held...
| Apr 21, 2014
| 3:04 PM
No one needs to convince the people running Green Bay Packaging's box-making plant in Hunt Valley that energy efficiency pays off.
The last time they got assistance making nips and tucks to their process, they lowered electricity use 1 percent even as...
| Apr 22, 2014
| 11:32 AM
A new report released Tuesday by the Consumer Financial Protection Bureau is warning borrowers of a catch that is pushing private student loans into default even if the loan is in good standing.
The federal consumer agency said that borrowers complain...
| Apr 7, 2014
| 5:30 PM
The future of 1st Mariner, Baltimore's largest independent bank, could be decided this week.
A bankruptcy judge approved First Mariner Bancorp's request last month to sell its bank as part of the parent company's Chapter 11 bankruptcy filing. Bids for...
| Apr 9, 2014
| 4:34 PM
1st Mariner Bank, Baltimore's largest independent bank, will go to auction Thursday morning with two bidders vying for the bank.
Parent company First Mariner Bancorp is selling the bank as part of the parent's Chapter 11 bankruptcy, filed Feb. 10. The...
| Apr 11, 2014
| 5:54 AM
Women's clothing retailer Coldwater Creek Inc. on Friday filed for Chapter 11 bankruptcy after failing to find a buyer said it plans to close its stores by early summer.
Coldwater Creek joins other retailers to seek protection from creditors in recent...