| Jun 30, 2013
All options are on the table, including a sale, as Baltimore officials review ways to improve the finances of the city's money-losing convention center hotel — and brace for the likelihood of tapping the city's general fund to cover debt payments...
| Mar 26, 2013
| 7:40 AM
When it comes to generating income from investments, Americans' expectations for returns are significantly higher than what they are actually earning, according to a survey released this morning by Legg Mason Inc.
“Our survey is telling us that...
| 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...
| Jun 15, 2013
| 1:15 PM
The Maryland Economic Development Corp. expects to fall short next year on payments to investors who bought the bonds that funded the Hyatt Regency Chesapeake Bay, a state-owned golf resort hotel and conference center on the Eastern Shore.
| Apr 15, 2013
| 3:00 AM
Local government is truly where the rubber meets the road. As Baltimore County executive, I proudly oversaw capital projects ranging from the restoration of the Randallstown Library after a fire to the expansion of Cromwell Valley Park. We rebuilt Essex...
| May 28, 2013
Baltimore's two major mutual fund companies have joined a small but growing number of investment firms offering ultrashort-term bond funds, which may become an alternative to the traditional money market fund.
The T. Rowe Price Ultra Short-Term Bond...
| May 16, 2013
| 6:26 PM
Baltimore schools chief Andrés Alonso went to Annapolis last year seeking approval for a bold $2 billion plan to replace many of the city system's crumbling buildings. The idea didn't even make it out of committee.
Prospects still looked bleak in...
| Apr 2, 2012
| 7:43 AM
Campaigning for office, President Barack Obama promised to do something about high gas prices, but now he is denying he can do much about what Americans pay to drive. He is too modest.
In September 2008, Steven Chu said to The Wall Street Journal:...
| May 14, 2012
| 3:00 AM
Europe's single currency is a bust. With unemployment reaching depression levels in the Mediterranean states, time has long passed to negotiate an orderly return to national currencies.
Euro advocates argue a single currency is essential for creating a...
| Mar 19, 2012
| 5:12 PM
Baltimore's top elected officials are battling over whether the city should seize homes because of unpaid water bills after a recent audit found widespread billing errors.
MayorStephanie Rawlings-Blakesays eliminating the threat of liens could endanger...
| Jan 14, 2013
| 6:40 AM
As taken from the pages of The Aegis dated Thursday, January 17, 1963:
A rash of robberies plagued Harford County this week in 1963. Two New Jersey men were arrested after a holdup at the Magnolia Esso Station on Route 40. The attendant promptly...
| Jan 16, 2013
| 3:49 AM
Somewhere in the third year of Tribune Co.'s marathon Chapter 11 proceeding, U.S. Bankruptcy Judge Kevin Carey looked out at a Delaware courtroom packed with high-priced attorneys and conceded the case had broken down into what he called a...