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Positive market performance helped Legg Mason Inc. turn a profit for the second quarter in a row, signaling a return to stability for the Baltimore-based asset management firm.

Northrop Grumman Corp. said Wednesday earnings for the third quarter were hurt by higher pension costs, but solid revenue and a tax break pushed results well past analyst estimates.

Lawyers for organizations opposed to a wind energy project in West Virginia told a federal judge Wednesday that it could violate the Endangered Species Act by harming a rare species of bat — one the defense claims is not even on the site. ; ;

Sandy Spring Bancorp Inc. lost $14.8 million in the third quarter, the result of $34.5 million set aside to absorb losses on loans and leases, the company said Thursday.

Beltsville-based SunEdison LLC, the largest solar energy services provider in the United States, has been acquired by MEMC Electronic Materials Inc. for $200 million, the companies said Thursday evening.

President Barack Obama unveiled plans Wednesday to refocus spending of the government's $700 billion financial bailout away from Wall Street's big financial institutions and toward small businesses on Main Street.

Officials at Baltimore’s St. John Properties say they have begun work on the first stages of a 400-acre building project at Harford County’s Aberdeen Proving Ground, less than six months after now-bankrupt Rockville developer Opus East LLC handed the project over to them.

A Marine Corps sergeant who pleaded guilty to pretending to be an injured hero to get in free to rock concerts and professional sporting events has been sentenced to 18 months. ; ;

The Baltimore region will be a hotspot for growth in the coming years, and now could be the best time for a new entrepreneur to make her mark — if she plays her cards right.

Novavax in the newsNovavax Inc., of Rockville, said it will work with Marlborough, Mass.-based Xcellerex Inc., a contract pharmaceutical manufacturer, to increase production of a potential swine flu vaccine. Novavax is seeking approval in Mexico for a vaccine that fights ...