Bondholder Kenneth Dart, after staying quiet, says he wants full payment—just like Paul Singer
Does SodaStream's turn toward branding itself as a sparkling water vendor—and its dismal financial performance—suggest that it's seeking a different future?
A federal judge in New York refuses to exterminate an asbestos union's inflatable rat, saying "Scabby the Rat" is covered by the First Amendment
In October, more than two customers joined T-Mobile from a competitor for every customer that left it
Dominique Strauss-Kahn acquired a 20 percent stake in a Luxembourg finance firm last year, but quit his chairmanship on Oct. 20. His ex-partner Thierry Leyne died on Oct. 23
Ministry of Supply’s Aviator jacket combines the structure of a tailored garment with the functionality of a windbreaker
Marvel isn't keeping quiet about its movie plans now that DC has publicized its long slate of superhero vehicles
The schools are spending $52,000 to mail 100,000 apology letters to Montana voters
This year's must-have Silicon Valley office accessory: a $199 bear costume
Rank: 17 (Previous Rank: 10)
Budget gap (as a % of the total budget): 8.80%
Total gap: $1.3 billion
Gap before budget was approved: $808 million
Additional midyear gap: $513 million
Maryland enacted a $1.35 billion tax increase in late 2007, which (along with $277 million in budget cuts passed by the General Assembly) is designed to help address the state's deficit. However, a continuing economic weakness has led to an additional $270 million gap, which is likely to be addressed by further spending cuts. The governor this week issued an executive order requiring 67,000 state employees to take up to five days of unpaid leave and said next year's projected budget gap could require additional layoffs, the Baltimore Sun reported on Dec. 17.