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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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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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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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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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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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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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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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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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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