The U.K. is more centralized than any other major power. While many in Scotland want to escape London's grip, freedom has its consequences
The most profitable private equity deal in history was badly timed but brilliantly executed
Patrick Campbell, uranium smuggler—or patsy in a Homeland Security sting?
South Korea wants its robotics industry to surpass those in Europe, Japan, and the U.S.
A ruinous Fed policy? Tell that to investors who made a trillion off Treasuries
Designers weigh in on the long-awaited Apple Watch—and wish it weren't another timid rectangle
The $182.5 million deal puts an end to years of legal wrangling
The Whitman School of Management will assign undergrads to "houses" and they'll compete for points
Women make up about 20 percent of both the entrepreneurs and investors involved in angel investment deals, up from single digits a decade ago
Rank: 16 (Previous Rank: N/A)
Budget gap (as a % of the total budget): 9.20%
Total gap: $2.6 billion
Gap before budget was approved: $1.2 billion
Additional midyear gap: $1.4 billion
The state has been hit hard by the housing downturn and the weakening economy. It has proposed cuts to education and health care but is now facing an even larger-than-expected shortfall and is considering additional cuts.