President Barack Obama is expected to soon nominate a successor to lead the Social Security Administration to replace the Bush-era appointee, but the White House is mum on who should take the helm at the nearly 75-year-old entitlement agency that faces voluminous backlogs, potential insolvency and a stack of critics.
By the time Baltimore Behavioral Health Inc. sought bankruptcy protection Dec. 28, the once high-flying drug treatment and mental health clinic had shown signs of financial trouble going back two years. But even as the private, nonprofit company's debts mounted, members of the family that long oversaw the West Pratt Street clinic continued to be well paid, recently released tax records show.
Mental health and addiction treatment center Baltimore Behavioral Health Inc. has filed for bankruptcy protection because it owes more than $5.5 million to creditors and estimates its assets are less than $500,000, according to federal court filings.
After spending more than four years embroiled in a contentious Chapter 11 bankruptcy case, the reorganized Tribune Co. will emerge Monday under new owners and a newly appointed board, freed from its massive debt and facing an uncertain future, officials said.
The wicked winter spell that enveloped the region's ski areas last year has been broken. Snow guns, ably assisted by Wednesday's surprise storm, are turning the brownscape of late fall into the dazzling white of winter.
One of the owners of Sparrows Point broke its silence on the bidding process Thursday to say it didn't turn away any "qualified parties" interested in operating the steel mill, implying that the groups the local union said wanted to restart parts or all of the plant did not have the financial wherewithal to make the purchase.
Several hundred former Sparrows Point workers gathering Monday for details of their steel mill's demise heard from union leaders that at least two groups had wanted to restart the plant but weren't given the chance.
The effort to connect former Sparrows Point workers with training for new careers gained even more urgency last week as the final hopes of reopening the steel mill were dashed — and as the deadline to apply for the help or forever lose it fast approaches for hundreds.
The possibility that the Tribune Co. will sell its newspapers after its imminent exit from bankruptcy has set off a new round of speculation about The Baltimore Sun's future ownership — along with expressions of interest from potential buyers.
The owners of the Sparrows Point steel mill plan to raze the closed plant, Baltimore County Executive Kevin Kamenetz said Thursday, as political leaders from Towson to Washington mourned the loss of a landmark that once employed tens of thousands.
An out-of-state steelmaker has bought the most valuable piece of the Sparrows Point plant to use as spare parts, likely signaling the death knell for hopes that the steel mill would be purchased by an operator and reopened.
Baltimore's political and business leaders praised the New York-based real estate investment firm purchasing Harborplace as a potential savior for the Inner Harbor mall that has struggled to find the right mix of tenants to appeal to both tourists and locals.