Baltimore Mayor Catherine Pugh wants to establish a new $55 million fund to boost investment in struggling city neighborhoods, financed by leasing city-owned garages.
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Read More »WASHINGTON (AP) — Even as anxious investors send stock prices plunging, many Americans are sounding a rather different note: They’re staying calm and carrying on. Some wonder if they may have to work a few extra years to recoup some ...
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At the White House, President Barack Obama played the role of business pitchman Tuesday, saluting executives whose companies have chosen to gain or expand their footprint in the United States.
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Read More »A few major deals led Maryland’s mergers and acquisitions activity in the final quarter of 2013, and the deal count crept up slightly. But observers say 2014 will be a year to watch.
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Read More »T. Rowe Price, a Baltimore-based investment management company, announced that it has closed its New Horizons and Small-Cap Stock Funds.
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Read More »Legg Mason Inc., of Baltimore, a global asset manager, said its assets under management in July totaled $656.4 billion, a rise of approximately 3¼ percent from the $635.8 billion that the firm posted for the same month in 2012.
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Read More »CEDAR RAPIDS, Iowa — Aviation and military electronics maker Rockwell Collins said Sunday it is buying Annapolis-based ARINC Inc. from the investment firm The Carlyle Group for $1.39 billion. Cedar Rapids-based Rockwell Collins, which currently does more than half its ...
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Read More »EntreMed Inc., of Rockville, said it has received commitments from investors to purchase approximately $10.7 million of securities in a registered direct offering.
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Read More »JACKSON HOLE, Wyo. — Chairman Ben Bernanke sent a clear message Friday that the Federal Reserve will do more to help the still-struggling U.S. economy. His remarks seemed to leave two questions: What exactly will the Fed do? And when? ...
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Read More »SAN ANTONIO — A third company awarded taxpayer dollars through Gov. Rick Perry’s business-hatching Emerging Technology Fund has gone bankrupt. NanoTailor’s filing brings the total amount of failed investments to $2.5 million. Company President Ramon Perales told The Associated Press ...
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