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City-owned Hilton Baltimore lost $11.5 million last year
The city-owned Hilton Baltimore lost nearly $11.5 million in 2011 — about $400,000 more than it lost the previous year, according to a recently released audit.
In addition to losing money last year, the hotel dipped into its reserves in February to...Tags: Companies and Corporations, Hotel and Accommodation Industry, Finance, Baltimore Hotels, Oriole Park at Camden Yards
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Good morning, Baltimore: Need to know for Wednesday
WEATHER
Today's forecast calls for highs in the lower 60s and a chance for afternoon showers. Lows are expected to be in the upper 40s tonight.
TRAFFIC
Check our traffic map for this morning's issues as you plan your commute.
FROM LAST NIGHT...
Three...Tags: Chicago White Sox, Michael Phelps, Locust Point, U.S. Cellular Field, Parties and Movements
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Annapolis mayor proposes $95.4M budget with higher fees
Annapolis Mayor Joshua J. Cohen has introduced a $95.4 million operating budget for the next fiscal year, a proposal that would raise the property tax rate along with some fees for residents as the city moves to invest in its infrastructure and...Tags: Credit Ratings, Annapolis, Layoffs and Downsizing, Unemployment, Labor Markets
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Democrats, GOP lawmakers disagree on need for special session
Democrats and Republicans sparred Tuesday over whether a special session of the General Assembly is needed to pass tax increases to avert steep budget cuts, while Moody's Investors Service warned the situation could hurt the credit ratings of localities...
Tags: Credit Ratings, Annapolis, Regional Authority, Executive Branch, Government Debt
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Maryland sees improvement in jobs picture
Maryland's employment picture continued to improve in November, and local economists are hopeful that 2012 will be an improvement over this year — but they aren't expecting much.
Several economists predicted only slightly better job growth next...Tags: Colleges and Universities, Layoffs and Downsizing, University of Baltimore, Unemployment, Labor Markets
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Harford's Craig explains trip to New York during council hearing on bonuses
Harford County Executive David Craig released a statement explaining his trip last week to meet with three bond-rating agencies in New York, an annual event. Craig said he spent two days meeting with representatives of Standard & Poor's, Moody's and...Tags: Credit Ratings, Standard & Poor's Financial Services LLC, Schools, Church and State Relations, Elementary Schools
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County executive hears budget requests for next year
Turnout was lighter than in past years as County Executive Ken Ulman kicked off a budget-making process for next year that has officials cautiously optimistic that they can avoid painful cuts. Several people spoke before Ulman — who was flanked...Tags: Credit Ratings, Finance, Budgets and Budgeting, Howard Community College, Ken Ulman
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Another down year for Baltimore-area housing market
The Baltimore region's housing market posted the fourth straight year of average price declines in 2011 as the number of home sales hit a low not seen in at least a decade and a half.
The average home sold last year in the metro area changed hands for...Tags: Real Estate, Values, Foreclosures, Homes, Realty
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Harford's AAA bond ratings reaffirmed
Harford County's AAA bond rating was reaffirmed by rating agencies Moody's Investors Service and Fitch Ratings, Harford County Executive David R. Craig announced Tuesday. The two agencies upgraded the county in 2010, and the confirmation of the AAA...Tags: Credit Ratings, Investment Service, Automotive Equipment, Minor League Baseball, Money and Monetary Policy
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Maryland lost 2,500 jobs in August, Labor Department says
Maryland lost 2,500 jobs in August, reversing some of the gains made earlier in the summer and pushing the state unemployment rate to 7.3 percent, the U.S. Department of Labor said Friday. The reductions hit as growth nationwide came to a standstill. But...Tags: Verizon Communications, Unions, Labor Markets, Mail Order Industry, Employees
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Howard keeps top bond rating amid U.S. downgrade pressure
Howard County is preparing for the county's $200 million bond sale Tuesday, buoyed by a AAA credit rating the county just earned from all three major bond rating agencies. This marks the 14th consecutive year that Howard County has earned the stellar...Tags: Credit Ratings, Automotive Equipment, New York City, National Security Agency, Minor League Baseball
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Unemployment rate continues to inch upward in Maryland
Maryland's unemployment rate in September continued to inch upward for the fourth straight month, according to U.S. Labor Department data released Friday. But economists saw positive signs in the fact that more people reported that they were in the...Tags: Verizon Communications, Unemployment, University of Baltimore, Labor Markets, Martin O'Malley
May 23, 2012
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Apr 18, 2012
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Mar 13, 2012
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Apr 17, 2012
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Dec 20, 2011
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Dec 15, 2011
|Story| Patuxent Homestead
Dec 10, 2011
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Jan 10, 2012
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Jan 3, 2012
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Sep 16, 2011
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Oct 20, 2011
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Oct 21, 2011
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