business climate

Maryland Governor Larry Hogan announced that there will be  a significant cut in unemployment insurance taxes beginning early next year.

The Trust Fund has grown by more than $125 million for a total of nearly a billion dollars.

That will allow for a 50 percent reduction in the unemployment insurance rate from $51 dollar to $25.50 per employee per year.

Maryland Labor Secretary Kelly Schulz said that this was a sign of the state’s improving business climate.

hogan campaign

ANNAPOLIS, Md. (AP) - Gov. Larry Hogan will be giving the keynote address at the Tech Council of Maryland's annual leadership dinner.

It's scheduled for Thursday evening in Annapolis.

The dinner is held to connect business leaders from technology and life science with policy makers in Annapolis.

Hogan, a Republican who entered office last week, campaigned on making Maryland more business-friendly  and exercising fiscal restraint in Annapolis.

Don Rush

RICHMOND, Va. (AP) - A Senate panel has killed a proposal to raise Virginia's minimum wage.

The Senate Committee on Commerce and Labor voted 11-to-3 Monday to table a proposal aimed at incrementally raising the state's minimum wage above the current $7.25 an hour to $10.10 an hour by 2017.

Proponents included liberal activists and labor officials. They said raising the state's current minimum wage would help low-income workers escape poverty.

While corporations have enjoyed growing profits rise, they argued that workers' wages have stagnated.


BALTIMORE (AP) - Texas Gov. Rick Perry is launching ads against Maryland Gov. Martin O'Malley.

WTOP said Wednesday the ads are set to begin airing in the D.C. region this week. Perry, a Republican, urges Maryland businesses to move to Texas, if they are tired of Maryland taxes.

Similar ads have been aired in California, Illinois, Missouri, New York and Connecticut.

O'Malley, a Democrat, on Wednesday dismissed the ads as a "tired old PR gimmick."