| Oct 18, 2011
| 4:40 PM
No news is good news when it comes to the city’s bond ratings, Mayor Rahm Emanuel said today after three bond rating agencies affirmed the city’s credit status.
A week after Emanuel introduced his proposed 2012 budget, Fitch Ratings, Standard...
| Oct 31, 2011
| 9:28 PM
The judge in Tribune Co.'s bankruptcy case on Monday rejected two competing plans for reorganizing the company, leaving the Chapter 11 proceeding unresolved after nearly three contentious years in court.
In an expansive 126-page opinion, U.S....
| Nov 1, 2011
| 7:54 AM
The Bureau of Public Debt released the new rates for savings bonds purchased from now through the end of April.
The Series I bond rate for the next six months will be 3.06 percent, down from 4.60 percent for the previous six-month period. The inflation-...
| Nov 9, 2011
| 5:32 AM
— One group that wants to open a casino at the Rocky Gap Lodge and Resort envisions amenities including five restaurants, a spa, a golf and tennis academy and an automobile museum. The other promises to invest $62 million to build a 50,000-square-...
| Nov 18, 2011
| 3:54 PM
When Mayor Laura Friedman called City Treasurer Ron Borucki to the podium during this week’s City Council meeting Tuesday to give his quarterly investment report, she asked for good news.
“One of these days,” Borucki said. “We...
| Nov 21, 2011
Ted Forstmann, a longtime Wall Street financier and philanthropist who was a major player during the wave of corporate takeovers in the 1980s, including the battle for RJR Nabisco in 1988, died Sunday. He was 71.
The cause was brain cancer, according...
| Jan 28, 2013
Adela Cepeda stepped adroitly along her path to become one of the city's most prominent Latina businesswomen. But she walked it on her own, rather than as part of the power couple she and her husband were once well on their way to becoming.
| Jul 27, 2012
| 10:07 AM
There’s mixed news as Cook County prepares to borrow money: one bond-rating agency assigned a negative outlook to outstanding debt, largely because of growing unfunded pension liabilities, while another service gave the proposed bond issue a high...
| Aug 18, 2012
| 6:35 PM
The Board of County Commissioners last week approved enrollment in the Maryland Department of Housing and Community Development's "On Behalf of Local Governments" housing program, designed to aid first-time home buyers.
The initiative is a state bond...
| Sep 11, 2012
| 4:23 PM
Baltimore County Executive Kevin Kamenetz wants to borrow $255 million and repay it over the next 30 years to help fund the county's retirement system, a move that would carry risk but that the administration says could benefit taxpayers in the long run....
| Sep 13, 2012
| 10:46 AM
The stock market is getting a lift Thursday thanks to the Federal Reserve's latest attempt to spur the economy.
The Dow Jones industrial average was up more than 150 points by late morning Pacific time, with most of the gain coming immediately after...