Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: credit card

UM Ventures technology license granted

University of Maryland Ventures, a joint research commercialization effort of the University of Maryland, Baltimore and the University of Maryland, College Park, and Baltimore-based SilcsBio LLC, a supplier of computer-directed drug discovery software and services, announced that SilcsBio has obtained exclusive rights to a technology licensed from UMB.

Read More »

Consumer credit-card use falls in March, though spending up

WASHINGTON — Americans cut back on using their credit cards in March, suggesting many were reluctant to take on high-interest debt to make purchases. Consumer borrowing rose just $8 billion in March from February to a seasonally adjusted $2.81 trillion, ...

Read More »

State credit cards were used to dodge bidding rules at UMB

One department at the University of Maryland, Baltimore was found to have misused state-issued credit cards to dodge purchasing rules, according to state auditors. An audit report released Monday said purchases made on the two corporate purchasing cards “were artificially ...

Read More »

Ex-Clyde’s controller pleads guilty to mail fraud

WASHINGTON — The former controller of Clyde’s Restaurant Group has pleaded guilty to embezzling nearly $650,000 from the company. Fifty-five-year-old Nancy Preston of Vienna, Va., entered the plea Wednesday in U.S. District Court. She will be sentenced on Dec. 12. ...

Read More »

Feds order Discover to refund $200M to cardholders

WASHINGTON — Discover Bank will pay millions in fees to settle accusations by regulators that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring. Discover, the sixth-biggest U.S. credit card issuer, will pay ...

Read More »

Consumer borrowing rises, but credit card debt down

WASHINGTON — Americans cut back on credit card use in June, a sign that high unemployment and slow growth have made some more cautious about spending. Still, total consumer borrowing increased as many kept taking out loans to buy cars ...

Read More »