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UNCF expands national asset investment program to Morgan State
UNCF has announced the expansion of Project ACCLAIM, recently selecting Morgan State University to join the initiative
Moore moves investments to blind trust, with nearly half of holdings in cannabis company
Shares in a cannabis company comprise nearly half of the roughly $2.5 million in assets included in a blind trust investment portfolio established for Maryland Gov. Wes Moore.
Baltimore mayor plans $55M neighborhood investment fund
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.
As stock prices sink, ordinary Americans keep their heads up
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 […]
Obama hosts CEOs whose firms are investing in U.S.
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.
Merger action? Just you wait
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.
T. Rowe Price closes two funds to new investors
T. Rowe Price, a Baltimore-based investment management company, announced that it has closed its New Horizons and Small-Cap Stock Funds.
Legg Mason sees rise in managed assets
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.
Rockwell Collins buys Annapolis-based ARINC for $1.39 billion
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 […]
Rockville-based EntreMed announces sale of stock
EntreMed Inc., of Rockville, said it has received commitments from investors to purchase approximately $10.7 million of securities in a registered direct offering.
Bernanke: With unemployment high, Fed can do 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 […]
Third bankruptcy in Rick Perry’s tech fund
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 […]
