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Restaurant sales drop as Iran war pushes gas prices higher
Several restaurant chains including Wingstop and Domino's reported weaker-than-expected sales growth in the latest quarter caused by soaring gasoline prices.
GameStop makes bold $56B play for eBay, ready to go hostile
GameStop proposed to buy eBay Inc. for about $56 billion in a cash-and-stock deal and signaled willingness to take the bid directly to shareholders.
Trump to sign order to expand access to retirement plans
President Donald Trump will sign an executive order aimed at expanding access to retirement plans for workers without employer access through a new website.
Fed holds rates steady amid sharp divide over policy easing bias
The Federal Reserve held interest rates steady, but in its most divided decision since 1992 noted rising concerns about inflation.
Southwest forecasts Q2 profit below estimates as higher fuel costs bite
Southwest Airlines forecast second-quarter earnings below Wall Street expectations and declined to update its full-year outlook.
MD-based McCormick, Unilever agree to deal to create $65B food giant
Unilever will merge its food business with McCormick in a $65 billion deal using a Reverse Morris Trust structure, creating a major global food company.
Consumer confidence improves in February in cloudy labor market
Consumer confidence rebounded more than expected in February, but the share of consumers viewing jobs as "hard to get" increased to a five-year high.
MD-based Marriott projects weak revenue growth on sluggish budget travel demand
Bethesda-based hotel operator Marriott International forecast 2026 room revenue growth below Wall Street estimates.
Carlyle allays software fears, private-equity deals boost profit
Asset manager Carlyle Group, co-founded by Orioles owner David Rubenstein, slightly beat Wall Street estimates for fourth-quarter profit.
Epstein emails lead Brad Karp to resign as Paul Weiss law firm chairman
Brad Karp, longtime chairman of the powerful Wall Street law firm Paul Weiss, resigned after emails revealed his extensive interactions with Jeffrey Epstein.
MD-based Lockheed Martin sets profit-sharing deal with US, forecasts higher profit
Bethesda-based Lockheed Martin reached a profit-sharing agreement with the U.S. government related to the production of air defense missiles.
Northrop Grumman posts higher Q4 profit amid geopolitical uncertainty
Defense supplier Northrop Grumman, which has a strong presence in Maryland, posted higher fourth-quarter profit and revenue.
