Credit and Debt

State will not be downgraded if Hyatt Regency Chesapeake Bay fails to make bond payments

2013-06-15 13:15:18

The Maryland Economic Development Corp. expects to fall short next year on payments to investors who bought the bonds that funded the Hyatt Regency Chesapeake Bay, a state-owned golf resort hotel and conference center on the Eastern Shore. Known as...

Police search for suspects in Catonsville home invasion

2013-06-13 13:43:00

Baltimore County Police on Thursday released surveillance photos of three men who they said tied up victims in a Catonsville home last month, before taking bank cards and other valuables. Police said the three armed men entered a home in the 300 block...

Mayor's office Visa card incurs $766 in interest charges

2013-06-07 07:42:00

� A Visa credit card issued to Mayor Stephanie Rawlings-Blake’s office has accumulated more than $760 in finance charge since late 2011, thanks to monthly balances that have exceeded $13,000. Four monthly statements over that span list the account...

Rash of car thefts on Greenberry Road in Mount Washington area [North Baltimore crime log]

2013-06-10 14:24:00

Avon Avenue 3200 block, between 4:30 p.m. June 6 and 6:30 a.m. June 7. Registration sticker stolen from vehicle. North Calvert Street 3100 block, between 11 p.m. June 3 and 3:30 p.m. June 6. White, 2001 Hyundai with Maryland tags 7BA6560 stolen....

Hyatt Regency Chesapeake dips into reserves to pay debt

2013-06-11 19:32:00

The state-owned Hyatt Regency Chesapeake Bay resort in Cambridge continues to deplete a reserve fund to cover its semiannual debt payments because it is not making enough money. The state withdrew $2 million from the reserve June 1, cutting the fund's...

City schools to review contracts under former IT officer

2013-05-30 15:53:13

The Baltimore school system said Thursday that it will review all contracts awarded by a former chief information technology officer after school officials in Dallas said he could face a federal indictment stemming from his tenure in the Atlanta public...

T. Rowe Price, Legg Mason offering up ultrashort-term bond funds

2013-05-28 00:00:00

Baltimore's two major mutual fund companies have joined a small but growing number of investment firms offering ultrashort-term bond funds, which may become an alternative to the traditional money market fund. The T. Rowe Price Ultra Short-Term Bond...

Former city schools chief information officer to face federal indictment

2013-05-29 11:41:00

Jerome Oberlton, the former chief information officer for the Baltimore City school system whose office renovation and credit card expenditures came under fire in the months before he left his post to work in the Dallas school district, is expected to...

To keep corporations here, fix the tax code

2013-05-23 11:05:00

The report of Apple avoiding corporate income taxes the past four years signals it's time to overhaul the U.S. corporate tax code. Like many multinationals with strong intellectual property, Apple legally earns nearly all of its income offshore. The U....

City spending board approves another property tax break

2013-05-22 18:15:33

Baltimore's spending board voted Wednesday to approve another property tax break for city homeowners, part of Mayor Stephanie Rawlings-Blake's plan to cut property taxes by 22 percent over 10 years. The tax credit approved by the Board of Estimates would...

Baltimore Teachers Union supports call to halt Common Core consequences

2013-05-15 08:26:00

The Baltimore Teacher's Union has called for the district hold off on attaching penalties to schools' performance on the the new� Common Core assessments, citing insufficient professional development and resources to implement the new high-stakes...

Two separate thefts in one night at new sports bar in Hampden

2013-05-13 13:25:12

The following is compiled from police reports. It is the Baltimore Messenger's policy to include descriptions only when there is enough information to make identification possible. If you have any information about these crimes, call the Baltimore City...

MIAMI BEACH -- Cops say David Weber broke into a car in a parking garage in Miami Beach and swiped a credit card from inside the vehicle, reports The Miami Herald.

2013-06-06 00:00:00

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This man is suspected of using stolen credit card information to buy more than $4,000 of computer equipment from a Wellington Best Buy

2013-05-31 00:00:00

Hallandale Beach Police are searching for a man who stole a purse and two women suspected of shopping with the stolen credit cards

2013-05-21 00:00:00