A lawn and garden company started 90 years ago by Russian immigrants met its end in a flurry of court actions alleging its former president, Malcomb Cork, defrauded the business and concealed his actions.
The executive director of the Maryland Council on Economic Education talks about the nonprofit organization's programs to teach financial literacy to students, and offers some household financial advice of her own
The U.S. attorney's office has filed criminal charges against the former CEO of a West Pratt Street mental health clinic that allege that he embezzled $50,000 meant for employee pensions and withheld hundreds of thousands in payroll taxes that were diverted to company executives' salaries.
WASHINGTON — Senate Republicans pressed the Obama administration Wednesday for a plan to address the long-term health of Social Security as lawmakers began to debate a more immediate shortfall in a program that benefits millions of disabled Americans.
Columbia-based specialty chemicals giant W.R. Grace & Co. announced Thursday that it would split into two independent companies, one focused on construction products and one focused on other materials and chemicals.
State regulators said Thursday that they will be closely following Thursday's bankruptcy filing by a cash-strapped division of casino giant Caesars Entertainment Corp. to ensure that operations at Horseshoe Casino Baltimore remain stable.
To many, the high salaries of professional athletes can be a source of envy. But their big paydays come with a darker side – many face bankruptcy or financial distress after spending too freely, going through a divorce or failing to line up a job upon retirement.
As U.S. Supreme Court justices wrestle with whether or not Amtrak, as a quasi private corporation, should have the right to set performance standards that would also affect the freight services with which it shares lines, the rail system is facing gridlock. America's outmoded railroad policy leading to this situation was created in a crisis atmosphere 50 years ago. It is counter-productive today and, if not revised, potentially disastrous for the future. A look at the past can better inform the
The disabled foster children removed from a troubled Laurel-area group home this summer were placed by Maryland regulators in facilities where their nurses lacked training for their complex medical needs, inspection records show.
After nearly two years presiding over bankruptcy proceedings that could determine whether developer Patrick Turner retains control of land in South Baltimore where he had planned an ambitious waterfront development, U.S. Bankruptcy Judge Robert A. Gordon entered the court Friday with his mind made up.
A pair of Rosedale sisters were indicted Tuesday in separate embezzlement schemes, one of them charged with stealing more than $1.3 million intended for disadvantaged children and homeless people in Baltimore, prosecutors said.
A small Maryland-based firm that owns nursing homes across the country has experienced explosive growth in recent years, propelled by consolidation among its tenants, changes wrought by health care reform, and increased investor demand for medical properties.
Walmart has long been in the business of serving low-income customers with discount goods and now plans to enter a new frontier – checking accounts targeted at those who have been blacklisted by traditional banks.
A new company has taken over the shuttered People's Community Health Centers, which went out of business this summer under mounting financial pressures, yet former employees want to be paid back wages.
The saga of developer Patrick Turner's plan to develop a portion of the South Baltimore waterfront is scheduled to continue next month before a bankruptcy court judge, who could be asked to decide if the creditor can foreclose on the property.
Baltimore's long and at times fraught efforts to bring gambling to the city finally succeed with the Horseshoe Casino opening on Tuesday. Observers will watch how it does in an increasingly saturated casino marketplace.