| Sep 30, 2013
| 6:30 AM
Many people have lost their jobs during the current recession, and that, coupled with the large decreases in home values, has caused a great number of borrowers to default on their debts.
When a person fails to pay their mortgage, car loan, credit card...
| Jun 11, 2013
| 7:32 PM
The state-owned Hyatt Regency Chesapeake Bay resort in Cambridge continues to deplete a reserve fund to cover its semiannual debt payments because it is not making enough money.
The state withdrew $2 million from the reserve June 1, cutting the fund's...
| Dec 19, 2012
| 12:01 PM
Concerns raised over how the CTA will pay off debt service on up to $1 billion in bonds delayed approval on Wednesday of the RTA 2013 budget for the CTA, Metra and Pace.
The issue arose at the last minute over language in the CTA's five-year capital...
| Feb 17, 2013
| 5:28 PM
Baltimore water officials have been dogged in the past year by a series of extremely public problems: widespread billing errors that required millions in refunds, massive water main breaks that closed downtown streets, and a collapsed stormwater culvert...
| Feb 27, 2013
| 3:27 PM
The city will be forced to dip into its general fund for $1 million to help the city-owned Hilton Baltimore make debt payments this year, city officials said Wednesday.
Harry E. Black, Baltimore's director of finance, said the hotel needs the money to...
| Aug 1, 2013
| 9:20 AM
This question and answer about the Village Entrance project was compiled by city staff and approved by City Manager John Pietig.
Is there contaminated soil at the Village Entrance site and, if so, how would this affect the project?
As with virtually any...
| Aug 6, 2013
| 10:09 AM
UBS will pay $50 million to settle charges by the U.S. Securities and Exchange Commission that the Swiss bank misled investors, the regulatory agency announced Tuesday.
UBS Securities was accused of violating securities laws while structuring and...
| Aug 12, 2013
| 8:39 AM
Japan's economic growth slowed in the second quarter, spurring debate over whether the country should raise its sales tax in order to more quickly pay down its public debt.
The country's gross domestic product grew at an annualized 2.6%, coming in at a...
| Aug 21, 2013
| 3:53 PM
Partisan gridlock prevented the Regional Transportation Authority board Wednesday from carrying out its routine annual responsibility to set estimates of funding levels for the CTA, Metra and Pace to plan their budgets for next year.
The move to...
| Aug 22, 2013
| 12:44 PM
Old Dominion doesn’t have an estimated cost or move-in date for a proposed waterfront football stadium, but athletic director Wood Selig considers the project “absolutely critical” to the program’s future and described initial...
| Aug 22, 2013
| 1:18 PM
We who live in the Bluebird Park neighborhood enjoy the summer concerts. We do not enjoy having our bushes and landscaping parked on by fellow attendees.
We enjoy even less the aggressive, uncooperative responses when this is brought to the attention...