Slavie Federal Savings Bank, of Bel Air, reported Friday on steps it is taking to boost its capital position and lessen its risk exposure, pursuant to an agreement it signed in July with federal banking regulators. To meet minimum capital ...Read More »
WASHINGTON — The Maryland Public Service Commission has wrapped up the last of eight public hearings on electric companies’ handling of a June storm known as a derecho that caused outages for days. WTOP-FM radio station in Washington reports that ...Read More »
FRESNO, Calif. — Federal regulators who shut down a Central California slaughterhouse after receiving an animal welfare video were investigating Tuesday whether beef from sick cows reached the human food supply. The video appears to show workers bungling the slaughter ...Read More »
Maryland hospitals and regulators are discussing raising hospital prices for private insurers and businesses by hundreds of millions of dollars a year to make up for suggested cuts from Medicare and Medicaid. A proposal by the Maryland Hospital Association circulated ...Read More »
Members and regulators have approved a merger of SECU, Maryland’s largest state-chartered credit union, and the Anne Arundel County Employees Federal Credit Union, the credit unions announced Tuesday. SECU, with about 220,000 members and more than $2.2 billion in assets, ...Read More »
NEW YORK — Facebook is raising the price range at which it plans to sell stock to the public. The social networking company said in a regulatory filing Tuesday that it expects to sell its stock for between $34 and ...Read More »
WASHINGTON — Regulators plan to employ a strategy for handling big failing banks that would help stabilize the financial system by preserving the banks’ healthy operations, the head of the Federal Deposit Insurance Corp. says. FDIC Acting Chairman Martin Gruenberg ...Read More »
WASHINGTON — President Barack Obama pushed Congress Tuesday to give oil market regulators more muscle to deter price manipulation by speculators, the latest White House response to determined Republican attacks on administration energy policies amid high gas prices at the ...
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SAN FRANCISCO — In everything it does, from product design to business deals, Apple strives for as much control as possible. But as the world’s most valuable company sets out to define and dominate the rapidly evolving markets it created ...Read More »
Exelon Corp.’s $7.9 billion acquisition of Baltimore’s last remaining Fortune 500 company cleared its final regulatory hurdle Friday with the conditional approval of the deal by the Federal Energy Regulatory Commission. On Feb. 17, Maryland’s Public Service Commission gave its ...
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