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Author Archives: Nick Stern

PSC ponders BGE’s rate freeze through end of 2022

Cutline: Utilities such as BGE in Maryland regularly share information within their industry as well as conduct drills in an effort to stay ahead of a cyber breach. (Maximilian Franz/The Daily Record)

Baltimore Gas and Electric Co. (BGE) has stepped up to offer a new multi-year plan that would freeze rates through the end of 2022 while investing billions in the electric grid and natural gas system.

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Lower trading commissions and fees bring new opportunities for investors

FILE - This July 14, 2010, file photo, shows a Charles Schwab office in Oakland, Calif. Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by disruption in the online brokerage industry. The tie-up announced Monday, Nov. 25, 2019, would create a company so big, however, that it may draw sharp scrutiny from antitrust regulators.(AP Photo/Paul Sakuma, File)

If you haven’t noticed lately, free or low-cost trading fees have rapidly become the norm in the industry. The shift toward low-to-no-fee trading commissions has been going on for decades but began in earnest in 2013 as robo-adviser Robinhood launched ...

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Bank leaders point to solid business conditions ahead for 2020

M&T Bank Regional President Augie Chiasera also serves as chairman of the Baltimore Development Corp. board. He admits the pace of work overhauling Harborplace had been frustrating.  (The Daily Record / Adam Bednar)

The national unemployment rate is at a 50-year low, and at 3.6%, the unemployment rate in Maryland is at an 11-year low. The stock market has been booming — Nasdaq recently hit a new all-time high, as did the Dow ...

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For Maryland nursing students, job prospects are bright

Nursing

After students are accepted into one of Johns Hopkins School of Nursing programs, faculty invite them back to the school to prepare for their upcoming training. In the midst of these preparations, Marie Nolan, a professor and vice dean at the ...

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The Maryland Small Business Development Center’s deep bench helps get the job done

md-sbdc-logo-web

For Paul Bardack, the staff members at the Maryland Small Business Development Center (SBDC) are even more experienced than a typical business consultant or trainer, in terms of experience and credentials. “We tend to be a bit more accomplished than ...

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Robots making move in Maryland’s medical field

Derek Paley

When some people imagine a robot that’s used in a medical application, say a surgery, they might picture a hulking humanoid stamping down the hallways of the hospital. Something out of a sci-fi flick from the 1970s perhaps? Or some ...

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Maryland banks still nurse hopes for Dodd-Frank changes

Kathleen M. Murphy, President and CEO of the Maryland Bankers Association. (Maximilian Franz/The Daily Record)

Maryland’s banking industry continues to seek reforms to the Dodd-Frank Wall Street Reform and Consumer Protection Act put in place after the Great Recession to right a troubled financial sector. Smaller, regional banks have been adversely affected by the regulations, ...

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