DETROIT — General Motors’ U.S. sales rose 8 percent in July, led by fuel-efficient vehicles such as the Chevrolet Cruze. But the increase may not be the norm. Analysts predicted only a slight rise in industry sales of new cars ...Read More »
WASHINGTON — Builders began work on more office buildings, shopping centers and hotels in June, pushing construction spending higher for a third straight month. But even with the gains, activity remains at depressed levels. Construction spending rose 0.2 percent in ...Read More »
TEKsystems Inc. of Hanover, an information technology staffing and services company, said its latest quarterly survey of information technology executives found 40 percent expect to increase temporary IT staffing in the next three months, up from last quarter’s 36 percent. ...Read More »
WASHINGTON— Fewer people bought new homes in June, evidence that the housing market remains weak. Sales of new homes fell 1 percent last month to an annual rate of 312,000, the Commerce Department said Tuesday. That’s less than half the ...Read More »
The parent company of Sandy Spring Bank said Thursday it had a profit of $8.3 million, or 34 cents per share, in the second quarter, up from $6.3 million in the corresponding period last year as the company decreased the ...Read More »
M&T Bank Corp. said Wednesday that its second-quarter profit rose 71 percent after it had to set aside less money for bad loans . Buffalo-based M&T is the second largest bank operating in Maryland, with 12.5 percent of the banking ...Read More »
More than 100 angry, toll-paying drivers decried a plan to raise the cost of traveling on some state roads, highways and tunnels twice in the next two years at Dundalk Middle School on Tuesday night. “It’s an absurdity to make ...Read More »
Just before Marylanders began the summer ritual of heading for the beach in large numbers came word that state transportation officials are considering hefty toll hikes. Good. Maryland’s toll roads and bridges are another part of our transportation infrastructure that ...
Tagged with: Annapolis Baltimore bay bridge budget drivers Editorial funding i-95 increase infrastructure inter-county connector interstate maryland maryland transportation authority mta revenue tollsRead More »
WASHINGTON — Consumers spent more in April but much of the increase was eaten up by higher food and energy prices. After discounting for the jump in prices, spending barely budged and after-tax incomes were flat for a second straight ...Read More »
Maryland’s business groups have dug in opposing sides of the gas tax debate, prompting early sniping between advocates that are most often allies. Transportation funding has emerged as one of the top issues for the General Assembly, one that could ...
Tagged with: budget chamber of commerce Donald C. Fry funding gas prices gas tax General Assembly Greater Baltimore Committee increase Martin O'Malley maryland National Federation of Independent BusinessRead More »