| Jan 28, 2014
| 4:30 PM
After my recent column on financial priorities for the New Year appeared, I heard from a reader with $55,000 in credit card debt. She said that her options were limited for paying off the debt and asked about using debt relief services. "Will that destroy...
| Feb 10, 2014
| 4:12 PM
The parent company of 1st Mariner Bank said Monday that it has signed a deal to sell the bank after years of regulatory demands that it increase its capital, potentially ending the company's long struggle to right itself after the mortgage crisis.
| Jan 23, 2014
| 11:09 AM
Vince Young made $34 million in his six years as an NFL quarterback.
Last week, the 30-year-old Young filed for Chapter 11 bankruptcy protection.
“[Young] invested in private, illiquid investments, and he overspent,” said Ed Butowsky, a...
| Mar 25, 2014
| 5:00 AM
Margie Beskau would seem to have a strong lawsuit against General Motors for millions in damages.
Eight years ago, her 15-year-old daughter, Amy Rademaker, died in a Chevrolet Cobalt — one of the cars the automaker has now admitted had a deadly...
| Apr 2, 2014
| 5:36 PM
For just a few million dollars, General Motors Co. could have replaced a defective ignition switch that ultimately has been linked to 13 deaths and is expected to cost the automaker billions in repairs, fines and litigation.
GM need only have spent an...
| Jun 9, 2014
| 1:31 PM
The investors buying 1st Mariner Bank said Monday that they've received the regulatory approvals they need and expect to close on the deal as soon as next week, turning the page on the Baltimore institution's most tumultuous chapter.
The purchasers ...
| Jun 9, 2014
| 3:03 PM
Bankruptcy courts are the mark of an advanced legal society. Think of the alternatives. Debt-slavery is inhumane. Debtors' prison is inefficient. And breaking a trader's bench and banning him from the market doesn't get anybody's assets back. But how...
| Jun 13, 2014
| 10:00 AM
Home improvement projects can easily cost tens of thousands of dollars, which means the stakes are high if something goes wrong.
And things do. Maryland regulators received more than 4,400 complaints about home improvement contractors in the last...
| May 27, 2014
| 2:10 PM
Poultry producer Pilgrim's Pride Corp. has made an unsolicited bid to buy Chicago-based packaged food company Hillshire Brands Co. in a deal valued at nearly $5.7 billion plus debt, the latest shakeup in the food industry.
Hillshire said it will review...
| May 29, 2014
| 5:07 PM
The practitioner of a now-closed Catonsville laser surgery center who was convicted of raping a woman at gunpoint in 1987 was indicted by an Allegany County grand jury last week for sexually assaulting a patient behind locked doors.
Dr. William Thomas...
| May 30, 2014
| 5:30 AM
In a further blow to Southern California's visual-effects industry, Sony Pictures Imageworks is moving its Los Angeles-area headquarters to Vancouver, Canada.
The unit of Sony Pictures Entertainment said Thursday it was transferring the bulk of its...