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Anirban Basu

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  • Maryland adds 7,700 jobs in June, but jobless rate rises

    Maryland adds 7,700 jobs in June, but jobless rate rises
    Summer's arrival brought Maryland a slight uptick in unemployment despite a larger-than-normal employment bump in June, but it also contributed to significantly more job losses in May than previously thought, state labor officials said Friday. Maryland...
  • Hopkins, union agree to tentative deal on wage increases

    Hopkins, union agree to tentative deal on wage increases
    After months of negotiations, one strike and the threat of another, and intervention from the governor, Johns Hopkins Hospital and 2,000 service workers reached a tentative labor agreement early Tuesday that some said could become an "important benchmark"...
  • Morgan State warned of problems with its largest U.S. research program

    Morgan State warned of problems with its largest U.S. research program
    Morgan State University mismanaged the largest federal research program in its history, according to the organization that contracted with the school and alerted it to "serious performance and financial deficiencies" earlier this year. In a letter to...
  • A bumpy year for Maryland's economy

    A bumpy year for Maryland's economy
    Maryland's economy has grown almost without fail in the last quarter-century, ticking up year after year. But not in 2013. That's according to early estimates from the U.S. Department of Commerce, which showed Maryland's gross domestic product...
  • City passes latest property tax break

    City passes latest property tax break
    Property taxes for Baltimore homeowners will drop again under Mayor Stephanie Rawlings-Blake's plan to gradually lower the city's rate to bring it more in line with the rest of the state. The city's spending panel agreed Wednesday to lower the rate to...
  • At College Park, an all-encompassing focus on entrepreneurship

    At College Park, an all-encompassing focus on entrepreneurship
    Foluke Tuakli hopped on a bicycle and weaved around her classroom at the University of Maryland, College Park, acting out the problems that cyclists encounter on the road. "I'm turning, I'm turning," she shrieked as the bike wobbled. The demonstration...
  • Maryland adds 9,300 jobs in April, Labor Dept. says

    Maryland adds 9,300 jobs in April, Labor Dept. says
    Maryland gained 9,300 jobs in April as businesses threw off the paralyzing effects of the frigid winter, according to federal estimates released Friday. The state's unemployment rate inched down to 5.5 percent as more Marylanders got back to work, the U....
  • City works on spending plan for casino money

    City works on spending plan for casino money
    After the Horseshoe Casino Baltimore opens later this year, the city needs to figure out how to spend an estimated windfall of at least $15 million a year meant for the neighborhoods around the casino. Officials and community members said they want to...
  • FBI headquarters would be boon for Md., economists say

    FBI headquarters would be boon for Md., economists say
    — An effort to lure the FBI to Maryland could have a profound payoff for the state's economy, but the benefits could take years to materialize and the eventual impact would hinge on the way local officials handle the project, several of the state'...
  • Sun Products to close Baltimore manufacturing plant

    Sun Products to close Baltimore manufacturing plant
    Household products maker Sun Products Corp. said Tuesday that it will close its nearly 90-year-old Baltimore manufacturing plant in June, laying off almost 300 workers and adding another name to the region's long list of former factories. Production...
  • Sharp drop in federal employment expected

    Sharp drop in federal employment expected
    Federal employment is expected to drop sharply in the span of a decade, government projections show, as budget cuts and retirements begin to reshape the workforce. While U.S. employment will likely grow nearly 11 percent from 2012 through 2022,...