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Oil falls to 3-month low as U.S. supply gain worsens glut

(Bloomberg) — Oil dropped to the lowest level in almost three months as government data showed U.S. crude inventories rose to the highest for this time of year since 1930. Crude fell 0.5 percent in New York after dipping below ...

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Elixirgen gets licensing deal with Japanese company

Elixirgen LLC, a growing biotechnology company in Baltimore, announced Thursday that it has entered an exclusive license agreement with Sumitomo Dainippon Pharma Co. Ltd., a major pharmaceutical company in Japan. The agreement will focus on Elixirgen’s research regarding biologics targeting diseases associated ...

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House approves GOP-led bill to boost Fed oversight

WASHINGTON — The Republican-controlled House approved a bill Thursday that supporters said would make the Federal Reserve more transparent and accountable, defying a veto threat. The bill would direct the Fed to be more open in communicating monetary policy decisions ...

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U.S. bank offering debit card for American travelers to Cuba

  HAVANA  — American travelers who’ve had to carry wads of cash while visiting Cuba will now have a debit card option. Stonegate Bank of Pompano, Florida, announced Thursday it is offering a debit MasterCard that U.S. travelers will be ...

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DC agrees to $16.65M settlement with wrongly convicted man

WASHINGTON  — The District of Columbia agreed Thursday to pay $16.65 million to a man who spent 27 years in prison for a rape and murder he didn’t commit. The amount is about $617,000 for every year Donald Eugene Gates ...

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Md. group launches initiative to bolster business, commercial transparency In Ghana

Trace International, the Annapolis-based anti-bribery standard setting organization, today announced the launch of a pilot outreach program in Ghana, being implemented jointly with the USAID Ghana Supply Chain Development Program and Invest in Africa, to provide small and medium-sized enterprises with anti-bribery ...

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Catholic Charities of Baltimore to receive 2015 Mayor’s Business Recognition Award

Catholic Charities of Baltimore has been named as a recipient of the Greater Baltimore Committee’s 41st annual Mayor’s Business Recognition Award. The award recognizes in particular Catholic Charities’ Dragon Boat Races, a biennial competitive team event in Baltimore’s Inner Harbor that raises money ...

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RMF Engineering acquires Va. commissioning firm CxAnalytics

Baltimore-based RMF Engineering announced Thursday the acquisition of CxAnalytics, the Williamsburg, Va. based commissioning firm, creating what executives say is an enhancement to the firm’s commissioning and condition assessment workforce and its capabilities across federal, state and local government, higher education and health care markets. CxAnalytics is ...

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