The Conference Board analysts say the question isn’t why China will slow, but why anyone thinks it won’t
Tablets remain a problem in a record-breaking quarter
From Michael Dunn's trial in Florida to discord over open-carry laws in Colorado, the debate about gun control has driven Americans to indulge their worst behavior
The company misses earnings forecasts, drops its 2015 profit goal, and regroups
Chinese millionaires are moving in—and building up—in Arcadia, Calif.
A new book surveys the best places to hide out from the digital world
The two tech giants fight over market share and patents but not over the NBA superstar
The Boston Celtics power forward, who filed for bankruptcy in 2010, says athletes need more business education
Small businesses are changing hands at the fastest pace since the recession
Rank: 9 (No change)
Budget gap (as a % of the total budget): 12.80%
Total gap: $2.2 billion
Gap before budget was approved: $1.2 billion
Additional midyear gap: $974 million
Governor Timothy Kaine, who has already made major cuts to university and community-college funding, said that the state's shortfall in its two-year budget could triple, to about $3 billion, if the economy's rapid decline continues. Kaine's plan also calls for slashing 1,500 state jobs and increasing the cigarette tax. Tax revenues are down partly because of the falling real estate market and drops in retail sales revenue.