T. Rowe Price, the Baltimore-based money manager, announced Tuesday that it has introduced two new mutual funds —one that invests in international stocks and one that invests in noninvestment-grade municipal bonds. The International Concentrated Equity Fund is available in an ...

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Four Maryland private colleges are announcing gifts totaling $10 million from the Delaware-based Hodson Trust. Johns Hopkins University said Tuesday it received $2.5 million from the trust. The funds will be used for undergraduate scholarships, cancer research and to support ...

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NORFOLK, Va. — Virginia is losing federal aid for Chesapeake Bay restoration projects because the Environmental Protection Agency is not satisfied with the state’s efforts to address stormwater pollution. The EPA notified the state late last month that it is ...

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Baltimore-based Legg Mason Inc. said Tuesday that its fiscal fourth-quarter profit increased 10 percent as it cut expenses to offset the impact of lower stock and bond assets. Net income rose to $76.1 million, or 54 cents a share, in ...

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Two of the Baltimore Grand Prix’s original investors Wednesday requested temporary restraining orders and orders for injunctive relief, seeking a total of $1.2 million that they say are owed to them. The Baltimore City Circuit Court filings, which seek to ...

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Monument Bank of Bethesda received $11.4 million through the federal government’s Small Business Lending Fund, the U.S. Treasury Department announced. The SBLF is a voluntary program intended to encourage small business lending by providing capital to qualified community banks at ...

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Federal law requires that participants in employer-sponsored retirement plans designate their spouse as their beneficiary, unless the spouse waives this right in writing. Assuming that you and your spouse adhered to this practice, a document known as a Qualified Domestic ...

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The resignation of University of Baltimore School of Law Dean Phillip J. Closius was demanded Thursday afternoon by University President Robert Bogomolny. Dean Closius was appointed in 2007, following a national search. His resignation followed by only a day or ...

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Sandy Spring Bancorp Inc., parent company of Sandy Spring Bank, said Thursday that in the first quarter of 2011 it had completed repayment to the government for TARP rescue money and undertaken an aggressive campaign to drum up new business. ...

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WASHINGTON — Maryland, 23 other states, the District of Columbia and Amtrak are vying for $2.4 billion in federal aid that became available when Florida’s governor canceled a high-speed rail project in his state, Transportation Secretary Ray LaHood said Wednesday. ...

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