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Anirban Basu

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Top Anirban Basu Articles

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  • Hogan says state's economic picture even bleaker than he thought

    Hogan says state's economic picture even bleaker than he thought
    Gov.-elect Larry Hogan said Monday that new budget figures show Maryland's economic picture is even bleaker than he had warned during his campaign, and will make it tougher to devise a plan to cut taxes. "Even I am surprised by the magnitude of the...
  • New BDC plan calls for more small-business incentives

    New BDC plan calls for more small-business incentives
    New Baltimore Development Corp. president William H. Cole IV wants to increase incentives for small and midsize businesses by $4 million annually, boost small city loans for start-up firms by $500,000, and attract 13 international companies to the city....
  • Manufacturing boot camp matches trainees with jobs

    Manufacturing boot camp matches trainees with jobs
    Malik Williams always thought manufacturing meant working in a steel mill, a job that seemed gone for good from Baltimore. But since mid-October, the 20-year-old White Marsh resident has made his way onto factory floors to watch workers blend olive oil,...
  • Plunge in federal hiring takes toll on state

    Plunge in federal hiring takes toll on state
    Hiring by Maryland's largest employer — the federal government — has fallen by more than 40 percent nationally over four years, and the state's job market is feeling the pain. Years of tightening budgets have brought federal hiring to the...
  • Without rail facility, port faces uncertain prospects

    Without rail facility, port faces uncertain prospects
    Baltimore may lose hundreds of jobs, tens of millions of dollars in economic activity and half of the port's containerized cargo following the state's decision not to build a new rail cargo transfer facility in Morrell Park. State and port officials...
  • Council OKs city takeover of tax calculations

    Council OKs city takeover of tax calculations
    If historic tax bills are wrong in the future, at least city property owners will know who to blame. The City Council voted unanimously Monday to give Baltimore’s government authority to do the appraisals that determine the size of historic tax...
  • Bookish Baltimore consumers spend on education

    Bookish Baltimore consumers spend on education
    Baltimore may have abandoned its "City that Reads" slogan too soon. Federal consumer spending data released this week by the Bureau of Labor Statistics shows that Baltimore-area residents spent an average of $154 annually on books, newspapers, magazines...
  • 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"...
  • Oracle to buy Columbia's Micros Systems in $5.3 billion deal

    Oracle to buy Columbia's Micros Systems in $5.3 billion deal
    Silicon Valley giant Oracle Corp. plans to acquire Columbia-based Micros Systems Inc. for $5.3 billion in a deal executives and industry observers said could generate local job growth instead of the typical corporate consolidation. In the deal...
  • 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...