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Bethesda-based Cannabics Pharmaceuticals Inc. was informed Tuesday by the European Patent Office that the examining division intends to grant the company a european patent for the company’s  application titled “A System and Method for High Throughput Screening of Cancer Cells.” This ...

Preston-based PSB Holding Corp. (OTC-QX: PSBP), parent company of Provident State Bank, Inc., announced the board of directors has declared an annual common stock dividend of $0.18 per share payable Dec. 1 to shareholders of record on Nov. 20. Provident State Bank is a ...

Greenbelt-based Republic Real Estate Group, a business arm of the Velocity Companies, has teamed up with mid-Atlantic commercial real estate brokerage firm KLNB for the leasing of Phase I of the $250 million Hampton Park redevelopment project in Capitol Heights. Phil ...

Technology company JACS Solutions signed a lease with St. John Properties Inc. for 15,000 square feet of space at 809 Pinnacle Drive, company officials announced Tuesday. The single-story building consists of 51,120 square feet of flex/R&D space, and is located ...

ATLANTIC CITY, N.J. — The U.S. casino industry is seeking tax and regulatory relief from the government as it tries to recover from the coronavirus outbreak, which cost states more than $2 billion in lost tax revenue while casinos were ...

Tagged with: Maryland business COVID-19

U.S. stocks fell sharply Monday as a troubling increase in coronavirus counts put investors in a selling mood. The skid came as doubts mount on Wall Street that Washington will come through with more stimulus for the economy before Election ...

A $50 billion bond market once heralded as the future of housing finance has been stuck in limbo since the start of the coronavirus crisis, and now proposed regulatory changes have left investors worrying that they might be left holding ...

CHARLOTTE, N.C. — Sales of new homes fell by 3.5% in September to a seasonally-adjusted annual rate of 959,000 million units, the Commerce Department said Monday, as the housing market’s hot summer buying season cooled. The Commerce Department said Monday ...

Oakland-based United Bankshares Inc. Monday reported record 2020 third-quarter earnings of $103.8 million, a jump of 157% compared to $66 million for the same period in 2019. Earnings for the first nine months of 2020 were $196.7 million, or $1.68 ...

With confirmed COVID cases surging across the United States, so is the risk that the economy could weaken again as more people choose to hunker down at home — and that even more stimulus might be needed next year than negotiators in Washington are contemplating.

Tagged with: COVID-19