Mitt Romney rejoins Marriott’s board
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Revolving door: Yahoo ushers out another CEO
BY: Associated Press ![]() SAN FRANCISCO — Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never received. The troubled Internet company’s next challenge will be convincing its restless shareholders and demoralized employees that the turnaround work started during Thompson’s tumultuous four-month stint as CEO won’t [...] |
Metro votes to increase fares about 5 percent
BY: Associated Press WASHINGTON — Fares are going up for riders of Washington’s Metro transit system. Metro’s board of directors voted Thursday for the first increase in bus and rail fares in the system in two years. The hike raises the average rail fare by about 5 percent. Bus fares are increasing by a dime, rising to $1.60 [...] |
Proxy adviser says Murdochs should be voted off News Corp.’s board
BY: Associated Press NEW YORK — A leading shareholder advisory firm says most of News Corp.’s board, including Chairman Rupert Murdoch, should be replaced because of a phone-hacking scandal that has embroiled one of the conglomerate’s British tabloids. Institutional Shareholder Services said shareholders should vote against the entire 15-member board, except for two new nominees. Two of Rupert [...] |
15 Maryland nonprofits receive $10,000 grants
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First Mariner’s Chairman Ed Hale to step down
BY: Rachel Bernstein ![]() 1st Mariner Bank founder Edwin F. Hale Sr., will step down as chairman and CEO as part of a New York investment company’s plan to take a stake in the struggling Baltimore banking company. Priam Capital Fund I LP will invest $36.4 million in First Mariner Bancorp, the bank’s parent company, according to an announcement [...] |
What’s in a name — more money for Metro?
BY: Capital News Service WASHINGTON — A budget proposal presented to the Metro board of directors last month estimated the agency could make between $1 million and $2 million per year selling station naming rights to corporate sponsors. Kay Dannen says that’s reasonable, and although Dannen is about 2,800 miles away from any Metro line, she has more insight [...] |








