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BUSINESS
December 10, 1992
International Business Machines Corp. stock took another fal yesterday after the company announced a special board meeting next week, at which analysts believe directors could cut the dividend. Also, Standard & Poor's cast doubt on IBM's ability to maintain a triple-A rating on $6.8 billion in debt. (Article, 19D)
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NEWS
By Carrie Wells and Nayana Davis, The Baltimore Sun | August 14, 2014
Baltimore City Community College has hired the former head of a Michigan community college campus as its next president, officials announced Thursday, nearly two years after its last leader was forced out of her job. Gordon F. May, who formerly served as president of two of Oakland Community College's campuses, is to start Sept. 2. He visited BCCC on Thursday to meet with the campus community. "My commitment is long-term," he said. "I know when I start that I'm going to have to hit the ground running.
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BUSINESS
March 9, 2010
ATLANTIC CITY, N.J. - It took more than two years, nearly $12 million in fees to lawyers and others and a billionaire's bargain-basement bid, but the Tropicana Casino and Resort has been salvaged by its sale to Carl Icahn. The $200 million deal completed Monday marks the investor's return to Atlantic City, the nation's second-largest gambling market, and ends one of the most tortured casino sales in U.S. history. Icahn bought the casino out of bankruptcy for 80 percent less than what it was expected to fetch before the recession hit. A previous deal to sell the Tropicana to Baltimore-based Cordish Cos. fell through.
NEWS
By Michael Dresser, The Baltimore Sun | October 13, 2013
Attorney General Douglas F. Gansler, will announce his running mate Monday as he attempts to move beyond controversies that have plagued his campaign for governor, including allegations that he routinely pressed his security detail to drive unsafely. As Gansler was planning to introduce Prince George's County Del. Jolene Ivey as his choice for lieutenant governor, his campaign was scrambling to put out a political brush fire caused by reports that the attorney general routinely told his state police drivers to speed, run red lights and use lights and sirens on the way to appointments.
NEWS
March 26, 1992
"You have reached the homework hot line. Sorry, but the teachers who normally handle the phone have been furloughed. Please call Roger Hayden to express your concerns."For a short while yesterday, before a caller complained, that was the message recorded to greet students who phoned the homework help-line the Teachers Association of Baltimore County runs. A lesson in diplomacy it was not.Many Baltimore County teachers are depressed, wtih good reason. They're facing essentially the third straight year without any pay raise.
SPORTS
By Vito Stellino and Vito Stellino,SUN STAFF | October 11, 1998
Pro football tends to be an organization game.The stable, well-run organizations with a plan and a philosophy tend to be winners -- such as Green Bay, San Francisco, Denver and Pittsburgh.Then there are the Minnesota Vikings. They seem intent on proving a little turmoil -- or maybe even a lot of it -- isn't a bad thing. In their case, it might have been a plus.The Vikings were in chaos much of the off-season. Nobody even knew who was going to own the team. When Tom Clancy's bid was accepted in February, president Roger Headrick tried to get the right to match it.Commissioner Paul Tagliabue spent weeks before rejecting Headrick's bid, but then Clancy withdrew because of financing problems.
NEWS
By Gerard Shields and Gerard Shields,SUN STAFF | September 11, 1998
The Maryland War Memorial Commission has elected a chairman and hired a director three months after the controversial firing of its former executive director.The board elected John E. Brandau as chairman of the 10-member panel. The Baltimore-funded commission also changed the name of its top position from executive director to executive secretary and appointed Doug Henley, a Vietnam veteran and former Carroll County hospital worker, to the job.The moves, made this week at an Annapolis meeting, follow three months of board turmoil over the firing and accusations that the former board chairman misused his office.
NEWS
April 9, 2001
BECAUSE IT IS as big as France, adjoins Russia and stretches from Poland to the Black Sea, Ukraine holds a pivotal position on the European continent. Ten years after the collapse of the Soviet Union, it is still not clear whether Ukraine will be a force of stability or a source of tensions. The discovery of the headless body of a journalist critical of President Leonid Kuchma threw Ukraine into fierce turmoil in November. Because tapes surfaced that ostensibly had the president discussing various ways of getting rid of the troublesome journalist, the opposition mobilized against Mr. Kuchma and demanded that he resign.
BUSINESS
By M. William Salganik and M. William Salganik,SUN STAFF | December 28, 1998
"Turmoil in the marketplace," says Perry Snyder, chief executive officer of HealthCare Automation Inc., "is good for our business."In the past few years, the marketplace has had a lavish supply of turmoil.Managed care seized control of the insurance market. HMOs tried different forms of contracting to "incentivize" doctors, turning some physician practices into little insurance companies. Hospitals and investor-owned companies rushed to buy doctor practices, hoping to form delivery systems big enough to stand up to the HMOs.
BUSINESS
January 29, 2008
Wendy's International Inc. Shares declined $1.34, or 5.3 percent, to $23.92. The U.S. hamburger chain, which put itself up for sale last year, said turmoil in the financial markets has delayed the sale process.
NEWS
By Tricia Bishop, The Baltimore Sun | June 17, 2013
St. Mary's College of Maryland, whose president will step down at the end of the month amid an admissions crisis, announced an interim replacement Monday. Ian Newbould, who has served as president of three universities throughout his 30-year career, will assume the post Aug. 1. He replaces Joseph Urgo, who served as president at St. Mary's, a public honors college in Southern Maryland, since 2010. Urgo asked the board of trustees not to renew his contract when it expires this month.
NEWS
By Tricia Bishop, The Baltimore Sun | June 5, 2013
St. Mary's College of Maryland, which for years has enjoyed a reputation as a gem among the state's public institutions, finds itself on the defensive as a projected admissions shortfall has come to light, the president has resigned and an outspoken education critic has taken aim at the school. It's an uncomfortable position that has led alumni, staff and board members to wage a public relations campaign, writing letters to the editor and issuing statements, to protect the school's standing.
NEWS
January 30, 2013
As Muhammad Ali once observed, "It's not bragging if you can back it up. " Thus, even his most caustic critics will have to concede that Gov. Martin O'Malley's State of the State address may have been the most heavily footnoted piece of braggadocio in Maryland history. Here's the CliffsNotes version of what Governor O'Malley had to say this afternoon: In the economic downturn, Maryland had to make tough choices, but they were good decisions - better than made elsewhere - and now things are looking pretty good.
NEWS
By Kevin Rector, The Baltimore Sun | August 6, 2012
An image of Baltimore Mayor Stephanie Rawlings-Blake's face on a roll of toilet paper recently circulated on the Internet has sparked turmoil within the local firefighters union whose members created it. The image, and another of Fire Chief James Clack's face in a toilet bowl, were determined to have been created and distributed online last month by two members of the Baltimore Firefighters Local 734 union who are now being disciplined, president Rick...
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | July 1, 2012
With all the upheaval in the eurozone and the promise of more to come, what's an investor to do? Kick anything vaguely European out of the 401(k)? Baltimore money managers T. Rowe Price and Legg Mason say they both have relatively low levels of exposure to the eurozone: 4 percent of assets under management at Price, 5 percent at Legg. But they haven't pulled back in a big way from the region, which is struggling — to varying degrees, depending on the country — with debt and fears of a sharp recession.
NEWS
April 30, 2012
The last thing you'd think Maryland's Republican party needs would be a nasty internecine fight, but that's what it got at its annual convention over the weekend. Rather than unity in the effort to overcome a massive voter registration disadvantage, chronic fundraising problems and a frequent lack of competitive candidates for state-wide offices, the party became focused on a divisive race for an obscure position: national committeewoman. In the end, Audrey Scott, a GOP stalwart who has held a variety of elected and appointed posts, including a stint as state Republican chairwoman, was defeated by a heretofore little known, 37-year-old Baltimore woman, Nicolee Ambrose.
NEWS
December 7, 1996
Babrak Karmal, 67, a Soviet-backed leader who ruled Afghanistan in the 1980s during that country's bitter civil war, died of liver cancer on Sunday in Moscow. One of the world's poorest nations, Afghanistan was in turmoil from the day Karmal came to power in 1979 until the day he resigned in 1986.Pub Date: 12/07/96
NEWS
By RICHARD REEVES | September 15, 1993
New York. -- Something made me want to look away from the photograph in last week's newspapers of the meeting between President Clinton and the president of Bosnia and Herzegovina, Alija Izetbegovic.It was almost obscene: Once again the American leader was saying that he wanted to help, but he could not because European leaders did not share his commitment ''in principle'' to send U.S. troops into Sarajevo, and even if they did, it would not matter because Congress would not let him do it anyway.
NEWS
By Julie Scharper, The Baltimore Sun | April 16, 2012
IndyCar executives met with Baltimore officials Monday to discuss the future of the company planning the city's Grand Prix — and whether the leader of the group should depart. Downforce Racing LLC, which took over the troubled event earlier this year, has been thrown into tumult as Indianapolis contractor Dale Dillon has clashed with two local business partners. The Labor Day weekend event is less than five months away, and the group has yet to launch a marketing campaign or sell tickets.
NEWS
By Gus G. Sentementes, The Baltimore Sun | February 22, 2012
"Gas prices are outrageous. " Catherine Bell, a 66-year-old Social Security Administration retiree, was not happy Tuesday as she filled up her Chrysler at a Howard Street BP Amoco gas station in Baltimore. "You'll see when you get to retirement and you're on a fixed income. " The Baltimore resident reflects the feeling of a lot of Maryland motorists. Gasoline prices across the state and the nation are climbing fast, and motorists could see $4 a gallon at the pump in the coming months, fueled by demand in China and India and turmoil in the oil-rich Middle East, analysts say. The average price of regular unleaded gasoline in Maryland this month was $3.56 a gallon - nearly 20 cents more than in January and far above the $1.91 average in February three years ago. In Baltimore, the price averaged $3.59 last week, 50 cents more than a year ago, according to AAA Mid-Atlantic.
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