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The Cal Ripken Sr. Foundation Tuesday announced its honorees for the 16th annual Aspire Gala, which will include Baseball Hall of Fame manager Tony La Russa, professional golfer and 10-time LPGA major champion Annika Sorenstam and U.S. Marine and pralympic athlete Rob Jones. The ...

Kirlin Design Build LLC, a Rockville-based engineering and construction company, was acquired Tuesday by Blue Wolf Capital Partners, a New York-based private equity firm. Terms of the deal were not disclosed. The acquisition enables KDB, which focuses on large, complex ...

The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis primarily because of widening global conflicts.

A Rockville biopharmaceutical company is selling five pediatric product lines and sales force to a Colorado firm in a deal worth more than $43 million so it can focus more on developing potentially lucrative treatments for rare diseases.

Venture capital funding for Maryland-based companies fell during the year’s third quarter as investment in venture-backed firms fell nationally. Maryland firms raised $142 million across 16 deals, down from $231 million raised across 21 deals during the year’s second quarter, ...

Tagged with: MoneyTree Report

MACUNGIE, Pa. — Thousands of Mack Truck workers were on strike at Midnight Sunday at plants in Maryland and two other states, the first such walkout in decades. United Automobile Workers union members, many wearing red T-shirts and carrying signs, ...

Just like modern major league baseball, the credit card industry is operating in a league dominated by digital analytics, said Ted Rossman, industry analyst with CreditCards.com. Bank or other issuers supplement an applicant’s credit score with many other sets of ...

As the U.S. continues to move toward a more cashless society, experts have predicted the slow death of ATM machines. A study by RBR, a London-based research banking consultancy firm, found the number of ATMs dropped in four of the ...

Aldi will celebrate the opening of its first store in Crofton later this week.

The union representing thousands of workers at Mack Truck plants in Pennsylvania and elsewhere has announced plans to go on strike this weekend.

Tagged with: mack trucks United Automobile Workers Union Local 677