Researchers propose to reduce global carbon emissions by having the U.S. ship its relatively clean coal to Korea, whose plants can burn it more efficiently. The U.S. could then use natural gas
The target retailer said the higher bid came with "significant antitrust issues"
Arizona is poised to become the fourth state to adopt a "right to try" law
Startups blame the company for stealing engineers and driving up wages
New apartment construction is hitting levels seen only twice in the past 25 years
Gregory Sancoff built the “attack helicopter of the sea.” Will the Navy buy it?
A motorcycle racing legend teams up with India’s leading bikemaker
Oxford Saïd business school sees Africa as the next hub of business school students
A onetime factory houses everything from the Jim Henson Co. to an urban farm
Rank: 12 (Previous Rank: 6)
Budget gap (as a % of the total budget): 11.40%
Total gap: $6.4 billion
Gap before budget was approved: $4.9 billion
Additional midyear gap: $1.7 billion
Governor David Paterson this week unveiled a proposal for $4 billion in taxes and fees, including a new tax on soft drinks and luxury items and $9 billion in cuts to education, Medicaid, and other programs. He is trying to close an expected deficit for the current fiscal year and the following fiscal year that has grown to $15 billion. The state previously made cuts to the health insurance program for low-income families, froze hiring, and enacted tax and fee increases to close a $630 million shortfall before this year's budget was approved.