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
Innovations aimed at catering to rich people's pet peeves suggest some HBS alums are out of touch with the general population
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: 1 (Previous Rank: 2*)
Budget gap (as a % of the total budget): 30.80%
Total gap: $3.1 billion
Gap before budget was approved: $1.9 billion
Additional midyear gap: $1.2 billion
Arizona was hit hard by the subprime crisis, and its economy has slowed sharply since mid-2006. Lawmakers, who had to make up a $2 billion budget shortfall for fiscal 2009, reduced the Medicaid rolls, put a freeze on hiring, and cut funding for community health centers and state universities.
Editor's note: Previous rank for all slides based on September 2008 data from Center on Budget & Policy Priorities that appeared in this Businessweek.com story on Oct. 3.