Maryland Daily Record Maryland's trusted source for business and legal news

Richard Branson’s Virgin Atlantic Airways filed for Chapter 15 bankruptcy protection in the U.S. on Tuesday after telling a London court it was set to run out of cash next month without getting approval for a rescue financing. The airline ...

BURBANK, Calif. — Walt Disney Co. on Tuesday reported that its net income fell dramatically in the three-month period that ended in June when it most of its theme parks were shuttered and theatrical movie releases were postponed. Still, its ...

DETROIT — Jim Farley will lead Ford Motor Co. into the future as the global auto industry faces a new era of autonomous and electric vehicles. The company named Farley, 58, as its new CEO effective Oct. 1, replacing Jim ...

BALTIMORE — Kelyn Yanez used to clean homes during the day and wait tables at night in the Houston area before the coronavirus. But the mother of three lost both jobs in March because of the pandemic and now is ...

Co-working space comes to Clarksville Commons Saturday with the grand opening of Pivot, Personal Office Spaces. Pivot provides flexible, shared office space to manage and maintain a business with no lease or contracts. Pivot at Clarksville Commons includes 4,100 square ...

U.S. Attorney Robert K. Hur of the District of Maryland Tuesday announced Maryland has received $999,990 from the Department of Justice’s Office of Justice Programs and its component, the Office for Victims of Crime, to provide safe, stable housing and ...

GREENBELT — A Maryland man who pleaded guilty on Tuesday to prostitution charges kept detailed “meeting minutes” and a “comptroller’s report” that allowed investigators to document his illegal business, according to court records. Investigators also found a self-described prostitution “training ...

CleanBay Renewables Inc., an Annapolis-based enviro-tech company focused on the production of greenhouse gas credits, organic fertilizer and renewable energy, Tuesday announced its partnership with Kiewit Corporation, one of North America’s largest and most respected construction and engineering companies. Through ...

Sunbury, Pennsylvania-based Weis Markets Inc. Tuesday reported its sales increased 23.7% to $1.1 billion during the 13-week period ended June 27, compared to the same period in 2019, while second quarter comparable store sales increased 24.1%. The company’s second quarter net income increased ...

I-MAB, a Shanghai-based clinical stage biopharmaceutical company with its United States base in Gaithersburg, Tuesday the China National Medical Products Administration (NMPA) has accepted its pivotal trial application for eftansomatropin (also known as TJ101) as a weekly treatment for growth ...