Stocks edge up as market approaches new year
NEW YORK — Stocks were higher at midday Wednesday in thin trading as the market approached the end of the year. In the absence of any fresh economic data, traders’ moods appear to be buoyed by the spate of mostly positive economic news in recent weeks. Strong corporate profits have also pushed stocks higher for […]
Editorial: Maryland needs business climate change
The Greater Baltimore Committee’s Dec. 6 report titled “Gaining the Competitive Edge” sends a clear message that Maryland needs to do more in establishing a business climate that will help us compete successfully for businesses wanting to start or expand here or move to the Free State. We couldn’t agree more. The report lists eight […]
Microsoft fiscal 1Q net income rises 51 percent
REDMOND, Wash. — Microsoft Corp. said Thursday that its net income in the latest quarter rose 51 percent, boosted by higher sales of Windows and Office software. In last year’s quarter, Microsoft deferred some revenue from Windows sales. Had it not done so, net income would have been only 16 percent higher this year in […]