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As cities and towns across the state wrestle with budget shortfalls stemming from the recession, municipal workers are losing jobs in places as large as Bridgeport, with a population of about 138,000, and as small as New Canaan, with about 19,000 residents.
Dow Jones & Company said yesterday that its second-quarter operating profit rose 11percentt, before charges and losses at its former Telerate unit, while earnings from print publishing fell because of revenue shortfalls stemming from the Asia crisis and higher newsprint costs.
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The shortfalls stemmed from supporting enormous books of now-troubled mortgages on mere slivers of capital.
The shortfalls stem from offshore drilling deals struck in the 1990s.
Speaking at a Goldman , Sachsconference in Manhattan, Peter Chernin, the president of the News Corporation, said that almost all the shortfalls stemmed from the poor advertising climate.
The £150m shortfall stems from higher demand for school meals.
Ms. Leahy said that the budget shortfall stemmed from unexpected factors.
Most of the shortfall stems from a few large cases, many of them still in litigation, the report from the General Accounting Office said.
Most of the shortfall stems from a few large cases, many of them still in litigation, according to the report from the General Accounting Office.
The lion's share of the shortfall stemmed from a complex £1.1bn deposit arrangement KSF entered into with Kaupthing described internally as a "liquidity swap".
The state's potentially staggering shortfall stems largely from the financial woes on Wall Street, which accounts for a fifth of the state's revenue.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com