Articles by Hanah Cho

Hanah Cho can be reached at hanah.cho@baltsun.com.

10:30 PM EDT, June 4, 2012

Md. yet to distribute $3.6M in slots funds for small businesses

Nearly two years after Maryland's first casino opened, the state has yet to dole out any of the $3.6 million in slots revenue that has accumulated for small, minority- and women-owned businesses, frustrating advocates and lawmakers.

9:30 PM EDT, May 30, 2012

Seniors grow old under debt

Norman Harvel is growing old under a mountain of debt.

Plant idling raises concerns about future of Sparrows Point

7:15 PM EDT, May 25, 2012

Plant idling raises concerns about future of Sparrows Point

It's deja vu at Sparrows Point.

1:46 PM EDT, May 30, 2012

BGE customers told to submit letters on smart-meter deferral

Baltimore Gas and Electric advises customers seeking to defer the installation of smart meters in their homes to make a request in writing.

Seniors grow old under debt

May 27, 2012

Seniors grow old under debt

Norman Harvel is growing old under a mountain of debt.

1:36 PM EDT, May 30, 2012

W.R. Grace acquires assets of Chinese manufacturer

W.R. Grace said Thursday that it will acquire the assets of Chinese manufacturer Noblestar Catalysts Co. Ltd.

Sparrows Point steel mill will close in June

7:14 PM EDT, May 24, 2012

Sparrows Point steel mill will close in June

The owner of the financially ailing Sparrows Point steel plant is idling operations there, warning 1,975 workers Thursday that they would be laid off starting next month.

5:33 PM EDT, May 22, 2012

Public offering under way on Frank Stronach horse companies

Marylanders interested in owning thoroughbred horses can purchase shares in six racing investment companies founded by Frank Stronach, the owner of Laurel Park and Pimlico Race Course.

Smart meter foes can defer installation for now

6:48 PM EDT, May 24, 2012

Smart meter foes can defer installation for now

Utility customers who oppose smart meters can defer installation of the new digital, wireless devices until state energy regulators make a final decision on whether ratepayers can opt out of the utility program, the Maryland Public Service Commission said Thursday.

Smart meter opponents make their case to regulators

6:27 PM EDT, May 22, 2012

Smart meter opponents make their case to regulators

Smart meter opponents asked state regulators at a hearing Tuesday to allow ratepayers to say "no" to new digital, wireless devices because of safety, privacy and security concerns.

Preakness infield party still raucous, but tamer than years past

8:57 PM EDT, May 19, 2012

Preakness infield party still raucous, but tamer than years past

There were still drunken 20-somethings. Still crowds making a ruckus. And people throwing up after one too many beers.

Some consumers oppose smart meters in Md.

May 20, 2012

Some consumers oppose smart meters in Md.

Jonathan Libber likes his analog utility meter just fine.

White Marsh Mall Boscov's returns after four-year absence

9:59 AM EDT, May 17, 2012

White Marsh Mall Boscov's returns after four-year absence

Nearly four years after closing, Boscov's department store will reopen at White Marsh Mall in November, shopping center owner General Growth Properties announced Thursday.

Exelon, Constellation donate $1.8M to Md. Science Center

4:21 PM EDT, May 15, 2012

Exelon, Constellation donate $1.8M to Md. Science Center

Exelon Corp. and Constellation have donated $1.8 million for a new energy exhibit at the Maryland Science Center, the first public display of their charitable commitment to the city and state since the merger between the energy giants closed in March, the companies announced Tuesday.

Legg implements new capital plan

6:03 PM EDT, May 16, 2012

Legg implements new capital plan

Legg Mason's stock rose nearly 7.5 percent Wednesday on news that the company will pay off $1.25 billion in senior notes held by private equity firm Kohlberg Kravis Roberts & Co. to reduce its outstanding debt.

Treasury secretary to address economy in Baltimore visit

5:24 PM EDT, May 14, 2012

Treasury secretary to address economy in Baltimore visit

U.S. Treasury Secretary Timothy Geithner is scheduled to address members of the Greater Baltimore Committee Thursday.

Preakness benefits from slots largesse

8:01 PM EDT, May 14, 2012

Preakness benefits from slots largesse

Over the past year, slots money has injected energy into Maryland horse racing. Revenue from the state's two casinos has bolstered purses, helping attract better horses and create more competitive races.

11:39 AM EDT, May 14, 2012

T. Rowe Price's Brian Rogers to become GBC chairman

T. Rowe Price senior executive Brian C. Rogers is to become the chairman of the Greater Baltimore Committee at its meeting Tuesday.

Sparrows Point's blast furnace to resume operations

5:13 PM EDT, May 11, 2012

Sparrows Point's blast furnace to resume operations

The struggling Sparrows Point steel plant will resume operations of its "L" blast furnace Saturday after it was temporarily shut down for routine maintenance, the company said.

Baltimore one of the best cities to find work in U.S.

8:16 PM EDT, May 10, 2012

Baltimore one of the best cities to find work in U.S.

Baltimore was ranked as the ninth-best city in which to find work in the United States, according to a new Top 10 list compiled by Adecco Staffing US.

7:57 PM EDT, May 9, 2012

T. Rowe Price managers met with Facebook execs Tuesday

As part of its public offering roadshow, Facebook executives met Tuesday evening with managers of T. Rowe Price, whose stake in the social media company could be worth as much as $637 million in the public market.

T. Rowe Price managers met with Facebook execs Tuesday

6:13 PM EDT, May 9, 2012

T. Rowe Price managers met with Facebook execs Tuesday

As part of its public offering roadshow, Facebook executives met Tuesday evening with managers of T. Rowe Price, whose stake in the social media company could be worth as much as $637 million in the public market.

6:59 PM EDT, May 8, 2012

Employers warn state of layoffs that could affect nearly 400

Two Maryland employers have warned state labor officials of layoffs that could affect nearly 400 workers.

12:28 PM EDT, May 8, 2012

BGE to test PeakRewards program twice this month

Baltimore Gas and Electric Co. said Tuesday that it planned to test its PeakRewards program on two separate occasions this month.

Still in business: The 175+ year club

11:34 AM EDT, May 8, 2012

Still in business: The 175+ year club

When Augustus Schwatka launched his blacksmithing shop on West Saratoga Street in 1810, the War of 1812 was on the horizon, locomotives were not yet a transportation option and slavery was thriving.

Counterfeit items seized at flea market worth $47.3M

8:01 PM EDT, May 3, 2012

Counterfeit items seized at flea market worth $47.3M

Last month's raid on the Patapsco Flea Market in Southwest Baltimore netted $47.3 million worth of counterfeit luxury goods, the largest seizure at a flea market in the United States, federal authorities announced Thursday.

3:21 PM EDT, May 1, 2012

T. Rowe closes its high-yield bond funds to new investors

T. Rowe Price Group closed its high-yield bond funds to new investors as of Monday, the Baltimore money manager announced Tuesday.

4:58 PM EDT, May 1, 2012

Legg reports 10 percent increase in quarterly profit

Legg Mason Inc. posted a 10 percent increase in quarterly profit on Tuesday as it lowered operating expenses as part of a just-completed cost-cutting initiative.

5:54 PM EDT, May 4, 2012

Exelon's first-quarter profit drops 70 percent

Exelon Corp. reported Friday a 70 percent drop in quarterly profit because of warmer-than-normal winter weather, lower power prices and costs related to its acquisition of Constellation Energy Group.

8:08 PM EDT, April 30, 2012

Harborside Nursing parent files for Chapter 11 bankruptcy

The parent company of Harborside Nursing & Rehabilitation Center in Baltimore, which faced state sanctions for air-conditioning failures more than two years ago, has filed for reorganization under Chapter 11 bankruptcy, according to court documents.

3:55 PM EDT, April 30, 2012

Transportation secretary Swaim-Staley to step down

Maryland Transportation Secretary Beverley Swaim-Staley, the state's first woman in that role, said Monday that she is stepping down on July 1.

1:28 PM EDT, April 30, 2012

BGE new standard rate to decrease bill by $54

Baltimore Gas and Electric's standard electricity price from June through May 2013 is expected to decrease customer bills by $54 on average for the year-long period, state energy regulators announced Monday.

Constellation's three coal plants to find new owner by year's end

10:56 PM EDT, April 27, 2012

Constellation's three coal plants to find new owner by year's end

While Constellation Energy Group has a new owner in Exelon Corp., 450 workers at three coal-fired plants once owned by the Baltimore company are in limbo.

Rocky Gap casino license awarded

8:38 PM EDT, April 26, 2012

Rocky Gap casino license awarded

Hoping to turn around the struggling resort, Maryland's slots location committee awarded a license Thursday for a casino at Rocky Gap Lodge and Golf Resort in Allegany County.

6:44 PM EDT, April 27, 2012

Constellation CEO pay increases 11 percent last year

Mayo A. Shattuck IlI -- who successfully engineered the sale of Constellation Energy Group to Chicago-based Exelon Corp. – took in $17.3 million in total compensation last year, a nearly 11 percent increase from 2010.

Dominion to move forward with Cove Point project

6:16 PM EDT, April 26, 2012

Dominion to move forward with Cove Point project

Dominion Resources, the Richmond, Va.-based energy producer, said Thursday it will move ahead with plans to convert a liquefied natural gas terminal at Cove Point in Calvert County into an export facility — a decision that drew the immediate objection of the Sierra Club.

7:33 PM EDT, April 27, 2012

State regulators take over two Maryland banks

State banking regulators closed two Maryland banks Friday, the first two bank failures in the state since 2010.

Maryland Live! Casino opening scheduled for June 6

1:12 PM EDT, April 26, 2012

Maryland Live! Casino opening scheduled for June 6

Maryland Live! Casino at Arundel Mills will have its grand opening at 10 p.m. June 6, casino officials announced Thursday morning.

5:29 PM EDT, April 25, 2012

First Mariner Bancorp reports quarterly profit

First Mariner Bancorp reported Wednesday its first quarterly profit in five years, a sign of progress for the Baltimore institution struggling to raise capital and avoid a federal takeover.

5:20 PM EDT, April 27, 2012

Court of Appeals dismisses Angelos' Superblock lawsuit

Maryland's highest court has cleared the way for the city to move forward with its plans for the long-delayed $152 million Superblock project.

11:21 AM EDT, April 26, 2012

COPT earns nearly $7 million in first quarter

Corporate Office Properties Trust posted Thursday a profit of nearly $7 million in the first quarter, reversing a loss from a year ago.

Five arrested for selling counterfeit luxury purses, shoes, watches and hats

9:18 PM EDT, April 25, 2012

Five arrested for selling counterfeit luxury purses, shoes, watches and hats

A federal grand jury indicted five men on charges they allegedly sold counterfeit goods of high-end designers such as Michael Kors, Coach and Jimmy Choo around Baltimore, including at the Patapsco Flea Market, where authorities conducted a weekend raid in a similar but separate investigation.

9:15 PM EDT, April 20, 2012

BGE $100 rate credit to show up in May bills

BGE's 1.1 million residential customers will get a nice surprise in their May bill: a $100 credit on their accounts.

6:52 PM EDT, April 24, 2012

T. Rowe Price manages more than $500 billion in assets

T. Rowe Price investors plowed a record $12.4 billion into mutual funds and other investments as the Baltimore money manager reported a small increase in quarterly profit, the company reported Tuesday.

10:03 AM EDT, April 20, 2012

Under Armour reports 21 percent increase in profit

Sports apparel maker Under Armour reported Friday a 21 percent increase in first quarter earnings.

Hollywood Casino Perryville installs 175-foot sign off I-95

7:42 PM EDT, April 22, 2012

Hollywood Casino Perryville installs 175-foot sign off I-95

It will soon be hard to miss the Hollywood Casino Perryville when driving along Interstate 95.

4:03 PM EDT, April 18, 2012

Longtime T. Rowe Price exec Todd Ruppert to retire

T. Rowe Price executive R. Todd Ruppert, who oversaw the firm's relationships with clients and partners abroad, is retiring after 27 years with the Baltimore money manager, the company announced Wednesday.

7:16 PM EDT, April 24, 2012

Invasive beetle found in cumin shipment bound for McCormick

A shipment of Indian cumin seed contaminated with the larvae of a dead Khapra beetle, an invasive insect, never made it to McCormick & Co.'s Hunt Valley facility and was to be sent back to India, the spice maker said Tuesday.

Patapsco Flea Market has history of alleged counterfeit selling

7:59 PM EDT, April 23, 2012

Patapsco Flea Market has history of alleged counterfeit selling

Undercover federal agents rented a booth at Patapsco Flea Market to gain access to its management as part of a 21/2-year sting targeting merchants selling counterfeit and pirated goods — an investigation that resulted in a raid Sunday on the Southwest Baltimore marketplace, according to a search warrant and affidavit released Monday.

6:57 PM EDT, April 18, 2012

Annapolis Bancorp pays half of $8.2 million bailout aid

Annapolis Bancorp has repaid half of the $8.2 million it received in federal banking bailout aid under the Troubled Asset Relief Program, or TARP, the parent company of BankAnnapolis said Wednesday.

8:05 PM EDT, April 16, 2012

Local thrift officer accused in stock fraud by SEC

Federal securities regulators allege an executive at Eastern Savings Bank in Hunt Valley participated in a fraudulent short-selling scheme involving his personal brokerage firm, according to a complaint filed Monday.

8:02 PM EDT, April 13, 2012

Longtime T. Rowe manager Robert Gensler to retire

Longtime T. Rowe Price money manager Robert Gensler is retiring at the end of the year after 19 years with the Baltimore company.

7:14 PM EDT, April 16, 2012

NFL relaxes rule on casino advertisements

For decades, the NFL prohibited teams from accepting advertisements from casinos — and casinos couldn't woo the sport's rabid fan base as potential customers.

4:47 PM EDT, April 17, 2012

Maryland approves electric reliability standards

Maryland energy regulators on Tuesday adopted new regulations designed to improve electric service and reliability in the state.

7:58 PM EDT, April 13, 2012

Md. regulators order Exelon to explain merger agreement violations

Maryland energy regulators have ordered Exelon Corp. to explain how the company "inadvertently" violated some conditions related to its merger with Baltimore's Constellation Energy Group.

6:18 PM EDT, April 17, 2012

T. Rowe Price could restart its expansion plans next year

T. Rowe Price will likely occupy two new buildings at its Owings Mills campus next year, more than three years after the Baltimore money manager put its expansion plans on hold during the recession, the company's chief executive said Tuesday.

The Interview: Calvin Butler Jr.

April 14, 2012

The Interview: Calvin Butler Jr.

When the sale of Constellation Energy Group to Chicago-based Exelon Corp. was announced last April, Calvin G. Butler Jr. was in Baltimore, ready to build support and win over critics.

5:47 PM EDT, April 3, 2012

Baltimore area Giant and Safeway workers approve new contract

Union workers at Safeway and Giant Food in the Baltimore and Washington regions overwhelmingly approved a new contract Tuesday that increases wages and maintains key benefits.

2:23 PM EDT, April 13, 2012

Chinese bank to establish first U.S. office in Maryland

A Chinese bank will establish its first U.S. office in Maryland, state economic development officials announced Friday.

J. Crew and other retailers headed to Harbor East

6:00 PM EDT, April 4, 2012

J. Crew and other retailers headed to Harbor East

The addition of four national retailers — Anthropologie, J. Crew, MAC Cosmetics and Lululemon Athletica — at Harbor East could solidify the Baltimore waterfront neighborhood as one of the region's top shopping destinations, local retail consultants and business owners said Wednesday.

6:09 PM EDT, March 30, 2012

Maryland added 8,000 jobs in February

Maryland's employers added 8,000 jobs in February, the latest sign of the state's economic recovery, labor officials said Friday. It's the sixth month in a row of jobs gains.

10:41 AM EDT, April 5, 2012

Slots revenue picks up steam at Maryland's two casinos

Gambling is picking up as Maryland's two casinos reported $16.3 million in slots revenue last month, the largest combined total since the two facilities have been in business.

Maryland Jockey Club cut losses in 2011

7:15 PM EDT, April 2, 2012

Maryland Jockey Club cut losses in 2011

The Maryland Jockey Club, the financially strapped operator of the state's major thoroughbred racetracks, substantially cut its losses last year thanks to state slots subsidies but still falls short of becoming financially stable.

Safeway, Giant Food workers reach tentative deal with management

10:37 AM EDT, March 29, 2012

Safeway, Giant Food workers reach tentative deal with management

The union that represents 23,000 Giant Food and Safeway workers reached a tentative contract agreement with management late Wednesday, just days shy of Friday's deadline.

3:32 PM EDT, March 29, 2012

Smithfield to lay off 76 workers in Landover next week

The Smithfield Packing Co. told Maryland regulators Thursday that it will lay off 76 workers at the company's Landover facility next week.

McCormick seeks to make more overseas acquisitions

5:57 PM EDT, March 28, 2012

McCormick seeks to make more overseas acquisitions

Spice maker McCormick & Co. plans to make more acquisitions, especially in emerging markets in Eastern Europe and Asia, where sales are expected to account for 13 percent of the firm's overall revenue this year, the company's chief executive officer and chairman said Wednesday.

Local girls model in American Girl fundraiser

7:43 PM EDT, March 25, 2012

Local girls model in American Girl fundraiser

Models strutted down the runway, showing off the latest fashions in vintage and contemporary clothes.

11:39 AM EDT, March 27, 2012

McCormick reports decline in first-quarter profit

Spice maker McCormick & Co. reported Tuesday a 3 percent decline in its first-quarter profit, hurt by higher material costs.

Baltimore showing solidarity with slain Fla. teen

3:22 PM EDT, March 26, 2012

Baltimore showing solidarity with slain Fla. teen

Today marks one month since Trayvon Martin's death, and thousands of people are expected to descend on the small Florida city where the youth was slain by a neighborhood watch volunteer, including an NFL star and a prominent church leader from Baltimore.

6:24 PM EDT, March 25, 2012

Anne Arundel Co. volunteer firefighter suffers burns

A 20-year-old Anne Arundel County volunteer firefighter suffered minor injuries Sunday while fighting a blaze at a home in Severna Park.

1:15 PM EDT, March 22, 2012

Former partner sues local private equity firm

The founder of a payment processing firm in Rockville has filed a $300 million lawsuit against Baltimore-based private equity firm Sterling Partners, alleging that he was fraudulently induced into selling SecureNet Payment Systems.

8:17 PM EDT, March 22, 2012

Baltimore ranks sixth in lowest-cost business location survey

Baltimore ranked sixth in a survey of the least-costly U.S. cities in which to do business, tax firm KPMG reported Thursday.

Arundel Mills slots parlor installs first set of machines

6:38 PM EDT, March 14, 2012

Arundel Mills slots parlor installs first set of machines

Four trucks laden with 100 slot machines arrived early Wednesday morning at the nearly completed casino at Arundel Mills mall. For the next two hours, workers wheeled banks of the gleaming new machines, one by one, inside on hand trucks.

Uncertain times for Rosecroft — again

6:44 PM EST, February 27, 2012

Uncertain times for Rosecroft — again

Horse breeder and trainer Jackie Dale MacLeod was thrilled when Rosecroft Raceway reopened last year after a two-year hiatus. That's because, during that time, MacLeod survived by racing and breeding horses out of state, even though his farm is based in Maryland.

12:09 PM EDT, March 13, 2012

SECU to acquire Anne Arundel County Employees Federal Union

SECU, Maryland's largest state-chartered credit union, announced Tuesday that it will acquire Anne Arundel County Employees Federal Credit Union.

10:13 AM EDT, March 21, 2012

New 667 area code to be launched Saturday

New area code 667 is coming to town starting Saturday, state regulators said Wednesday.

9:56 AM EST, March 8, 2012

Trio of T. Rowe Price executives see pay increase in 2011

Compensation for T. Rowe Price Group's top executives went up last year, the Baltimore money manager reported Thursday.

5:55 PM EST, March 6, 2012

Safeway, Giant Food begin recruiting temporary workers

Giant Food and Safeway, the Baltimore region's two largest supermarket chains, are recruiting temporary workers as contract negotiations continue with the union that represents 23,000 employees. The current agreement expires March 31.

6:15 PM EDT, March 21, 2012

Sandy Spring gets final approval for CommerceFirst deal

Olney-based Sandy Spring Bancorp said Wednesday that it had received final regulatory approvals of its acquisition of CommerceFirst Bancorp in Annapolis.

7:45 PM EDT, March 12, 2012

Constellation $245M settlement for trading is largest ever

The $245 million settlement that Baltimore's Constellation Energy Group agreed to pay is the largest of its kind to resolve allegations of market manipulation with the Federal Energy Regulatory Commission.

6:14 PM EDT, March 19, 2012

Grocery store contract talks continue

Contract negotiations between management and the union representing workers at Giant Food and Safeway are expected to continue Tuesday, said a union spokeswoman, who added that no progress had been reported so far.

BGE to begin smart meter installation in May

March 18, 2012

BGE to begin smart meter installation in May

Starting in May, Baltimore Gas and Electric Co. will begin installing "smart meters" in a huge undertaking intended to modernize Central Maryland's electricity grid and save customers money by helping them control energy use.

The Interview: Howard Miller

March 11, 2012

The Interview: Howard Miller

The Center Club is known as one of Baltimore's most exclusive private clubs, where executives, lawyers, doctors and other civic leaders socialize and conduct business.

Feds approve Constellation-Exelon merger

9:42 PM EST, March 9, 2012

Feds approve Constellation-Exelon merger

Constellation Energy Group and Exelon Corp. are expected to close their $7.9 billion merger Monday, after the deal cleared its final regulatory hurdle Friday.

3:00 PM EST, March 8, 2012

Constellation to be replaced on S&P 500 index

Constellation Energy Group, which is being sold to Chicago-based Exelon Corp., will be replaced on the S&P 500 index by a Houston wireless company.

What's best in Baltimore taxis: shields or security cameras?

6:18 PM EST, March 5, 2012

What's best in Baltimore taxis: shields or security cameras?

Step into a cab in many major cities, including Baltimore, and you'll wind up sitting behind a clear, bullet-resistant shield that separates you from the driver.

3:38 PM EST, March 5, 2012

State casinos generate $15 million in February

The state's two casinos generated $15 million in revenue in February, a 67 percent increase from a year ago, the Maryland Lottery reported Monday.

7:36 PM EST, February 28, 2012

Bill would extend slot subsidies for harness tracks

Like many horse racing tracks across the country, the Ocean Downs harness track on the Eastern Shore is hemorrhaging money. It lost an average of $2 million annually for the past five years.

Burglar shoots West Towson man in home, police say

9:40 PM EST, February 26, 2012

Burglar shoots West Towson man in home, police say

A West Towson man was shot early Sunday when he surprised a burglar in his home, Baltimore County police said.

Sparrows Point tin mill to be temporarily idled

7:36 PM EST, March 1, 2012

Sparrows Point tin mill to be temporarily idled

The owner of the troubled Sparrows Point steel plant plans to temporarily idle its tin mill operation, the United Steelworkers union said Thursday.

Maryland National guardsman killed in Afghanistan

8:08 AM EST, February 27, 2012

Maryland National guardsman killed in Afghanistan

Maj. Robert Marchanti of the Maryland Army National Guard was killed Friday night in Afghanistan, his family said Sunday.

5:54 PM EST, February 26, 2012

Two PG County firefighters are critical but stable

Two Prince George's County firefighters, who were seriously injured while fighting a house fire in Riverdale, remained in critical but stable condition Sunday, according to their families.

5:01 PM EST, February 23, 2012

T. Rowe Price increases its quarterly dividend

T. Rowe Price Group increased its quarterly dividend to 34 cents per share, up from 31 cents, the Baltimore money manager announced Thursday.

7:32 PM EST, February 22, 2012

Three Constellation directors named to Exelon board

Constellation Energy Group's three directors have been named to serve on Exelon's board of directors once the merger between the two energy giants is completed

3:36 PM EST, February 22, 2012

MPT names Schupak its chief content officer

Maryland Public Television said Wednesday that Steven J. Schupak, its senior vice president, has been named chief content officer.

4:48 PM EST, February 21, 2012

Chicago money manager opens office in Sparks

Money manager HighTower has opened a new office in Sparks in a move to expand into the Baltimore market, the Chicago company announced Tuesday.

Maryland PSC approves Constellation sale to Exelon

8:11 PM EST, February 17, 2012

Maryland PSC approves Constellation sale to Exelon

Maryland regulators approved Constellation Energy Group's sale to Chicago-based Exelon Corp. on Friday, setting the stage for Baltimore to lose its last Fortune 500 company to an out-of-state owner.

1:07 PM EST, February 20, 2012

BGE launches new program for Fuel Fund donations

Baltimore Gas and Electric Co. said Monday that it had launched a new program that allows customers to make a tax-deductible monthly donation to the Maryland Fuel Fund, which helps low-income families with bill assistance and energy conservation.

6:17 PM EST, February 16, 2012

Nuclear regulators do not fine Calvert Cliffs for security violation

Federal regulators have declined to impose a civil penalty against Calvert Cliffs nuclear power plant in Southern Maryland after determining that an unspecified security violation had taken place at the facility.

8:16 PM EST, February 17, 2012

Constellation reports 4Q loss

Constellation Energy Group, which is selling itself to Exelon Corp., reported a loss Friday in the fourth quarter, what is expected to be the energy giant's last earnings release as a publicly traded Baltimore company.

5:50 PM EST, February 16, 2012

Sinclair names Scott Livingston VP of news

Sinclair Broadcast Group has named Scott Livingston the vice president of news for the Hunt Valley television company.

11:09 AM EST, February 16, 2012

Nuclear agency approves Constellation sale

The federal nuclear regulator approved Thursday the proposed sale of Constellation Energy Group to Chicago-based Exelon Corp.

6:06 PM EST, February 6, 2012

People's Counsel still objects to Constellation merger

The state's consumer advocate on utility matters continues to push for additional concessions to make the Constellation-Exelon merger more palatable to consumers.

6:20 PM EST, January 16, 2012

Occupy Baltimore try to erect schoolhouse

Maryland State Police sought Monday evening to work out a peaceful solution with Occupy Baltimore protesters who were building an encampment at the site of a proposed juvenile detention center in East Baltimore.

State energy regulators to decide on Constellation merger

5:26 PM EST, February 16, 2012

State energy regulators to decide on Constellation merger

Maryland energy regulators are expected to issue a decision Friday on the proposed sale of Constellation Energy Group to Chicago-based Exelon Corp.

1:05 PM EST, February 14, 2012

T. Rowe sells millions of Constellation shares

T. Rowe Price Associates is no longer Constellation Energy Group's largest shareholder after the Baltimore money manager sold almost 14 million shares, according to documents filed Tuesday.

Maryland joins nationwide mortgage settlement

12:19 PM EST, February 9, 2012

Maryland joins nationwide mortgage settlement

Maryland Attorney General Douglas F. Gansler has agreed to join other states in a $25 billion settlement with the nation's five largest mortgage servicers — a landmark agreement that would provide nearly $1 billion in aid to Maryland homeowners who were victims of shoddy and illegal foreclosure paperwork practices.

The Interview: Steve DiBiagio, PHH Arval's senior vice president of strategic alliances

February 12, 2012

The Interview: Steve DiBiagio, PHH Arval's senior vice president of strategic alliances

From texting to browsing the Web to eating in the car, driver distraction has become a growing problem on the roadways.

8:34 PM EST, February 9, 2012

Mortgage settlement has shortcomings, critics say

As the federal government and 49 states signed a landmark mortgage relief settlement Thursday, housing advocates and others pointed to shortcomings and raised questions about how the $25 billion plan would be able to provide relief to nearly 2 million current or former homeowners across the country.

Stronach plans IPOs for six racehorse-ownership firms

7:17 PM EST, January 27, 2012

Stronach plans IPOs for six racehorse-ownership firms

Frank Stronach, Pimlico's owner and a successful breeder, wants to bring horse ownership to the masses — by selling stock in six new racehorse investment companies.

Exelon picks Harbor Point for future headquarters

1:12 AM EST, February 2, 2012

Exelon picks Harbor Point for future headquarters

Harbor Point, a development project led by bakery magnate and developer John Paterakis Sr., will be the site of the headquarters for the combined Constellation-Exelon company if the proposed merger is completed, the energy giants announced Wednesday.

8:33 AM EST, January 27, 2012

Legg Mason net income falls 54 percent in fiscal third quarter

Baltimore money manager Legg Mason reported Friday its net income for the fiscal third quarter fell 54 percent as the company saw assets under management fall.

6:28 PM EST, January 17, 2012

EDF reaches settlement over proposed Constellation merger

Exelon Corp. and Constellation Energy Group have won over French utility EDF, which agreed to drop its opposition to the proposed merger between the two energy giants after reaching a settlement, the companies announced Tuesday.

6:53 PM EST, January 16, 2012

State Police arrest six members of Occupy Baltimore

Maryland State Police arrested six members of Occupy Baltimore Monday evening for allegedly trespassing on the state-owned site of a proposed juvenile detention center in East Baltimore.

9:12 PM EST, January 26, 2012

Developer seeks tax break to lure Exelon

The owner of one of the last undeveloped sites at the Inner Harbor is seeking a property tax break from the city to allow it to compete with the developers of four other sites that have proposed or considered building a downtown headquarters for Exelon Corp.

Exelon lays out plans for new Baltimore headquarters

6:02 PM EST, February 8, 2012

Exelon lays out plans for new Baltimore headquarters

Exelon Corp.'s new headquarters in Baltimore is designed to be a glassy, 22-story skyscraper, similar in style to the Legg Mason tower, which would be a neighbor on the Harbor East waterfront, according to preliminary designs revealed Wednesday.

Networking group aimed at LGBT community launches this week

4:02 PM EST, January 16, 2012

Networking group aimed at LGBT community launches this week

One day in the fall of 2010, Scott Marder, a partner at the law firm of Duane Morris in Baltimore, received a cold call from a young lawyer in Maryland seeking advice. The lawyer had found Marder's name in a directory maintained by the National LGBT (Lesbian, Gay, Bisexual and Transgender) Bar Association.

Horsemen offer help in 2012 for a full racing schedule

2:25 PM EST, December 20, 2011

Horsemen offer help in 2012 for a full racing schedule

The owner of Laurel Park and Pimlico Race Course plans to ask the state for up to $6 million in slots subsidies to help support the day-to-day operations of the tracks next year.

10:44 AM EST, January 24, 2012

Public comment period extended on Constellation merger

Maryland energy regulators on Tuesday extended the deadline to Feb. 2 for public comment on Constellation Energy Group's plan to sell itself to Exelon Corp.

10:51 AM EST, February 2, 2012

Constellation closes acquisition of Okla. natural gas company

Constellation Energy Group said Thursday that it closed the acquisition of a Tulsa, Okla. natural gas company, the third deal in the past year that helps expand the Baltimore company's retail business.

O'Malley: Benefits of Exelon-CEG merger go beyond rate credit

5:57 PM EST, December 15, 2011

O'Malley: Benefits of Exelon-CEG merger go beyond rate credit

While Maryland business, labor and environmental groups backed a $1 billion settlement between Gov. Martin O'Malley and Exelon Corp. related to the Chicago company's buyout of Constellation Energy Group, not everyone was satisfied.

7:30 PM EST, January 16, 2012

Increase in deaths and injury for pedestrians on headphones

Pedestrians listening to headphones beware.

4:42 PM EST, January 16, 2012

Occupy Baltimore plans 5-day encampment

A month after being evicted from a park near the Inner Harbor, members of Occupy Baltimore sought Monday afternoon to establish a five-day encampment at the site of a proposed juvenile detention center in East Baltimore.

Regulators extend deadline for Constellation-Exelon merger decision

December 17, 2011

Regulators extend deadline for Constellation-Exelon merger decision

Maryland regulators agreed Friday to postpone their decision on the $7.9 billion merger of Constellation Energy Group and Exelon Corp. until Feb. 17, giving themselves more time to evaluate a proposed settlement between the companies and Gov. Martin O'Malley.

10:20 AM EST, January 24, 2012

AAI in Hunt Valley lays off 184 workers

AAI Corp., the Hunt Valley company known for its Shadow spy plane, said Tuesday that it is laying off 184 workers from its Baltimore County location.

Ravens fans ready to make the trek to Foxborough

8:43 PM EST, January 16, 2012

Ravens fans ready to make the trek to Foxborough

Flushed with Sunday's victory and with many off work for Monday's holiday, Ravens fans have started planning their next offensive: Foxborough or bust.

12:44 PM EST, January 27, 2012

T. Rowe sees dip in quarterly profit but record yearly revenue

T. Rowe Price Group saw its quarterly income fall for the first time in two years but the Baltimore money manager reported record revenue and profit for the year.

The Interview: Carolyn Y. Woo

January 14, 2012

The Interview: Carolyn Y. Woo

As a teenager attending a Catholic school in Hong Kong in the 1960s, Carolyn Y. Woo never imagined that her studies were helping prepare her to one day lead Baltimore-based Catholic Relief Services, one of the world's largest international humanitarian relief agencies.

10:00 AM EST, January 17, 2012

Arundel Mills casino opens employment center

Before sunrise Monday, Kevin and Shelley Taylor set out from their Millersville home to a new employment center for the Maryland Live! Casino, a slots parlor next to the Arundel Mills mall seeking workers for 1,500 jobs.

3:31 PM EST, January 5, 2012

State casinos bring in $12.5 million in revenue in Dec.

Maryland's two slots parlors generated nearly $12.5 million in December, about $268,000 more than they brought in the previous month, the State Lottery reported Thursday.

Hale is retired from bank, but he's not out of business

4:51 PM EST, January 27, 2012

Hale is retired from bank, but he's not out of business

EASTON – Shortly before sunrise, Edwin F. Hale Sr. scatters decoys on the water, preparing for a day of waterfowl hunting on his Talbot County farm.

First Mariner's Hale retires

8:28 PM EST, December 23, 2011

First Mariner's Hale retires

Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession to save it from failure.

New energy firm headquarters could alter city skyline

7:14 PM EST, December 24, 2011

New energy firm headquarters could alter city skyline

Exelon Corp.'s pledge to build a new Baltimore headquarters as part of its proposed buyout of Constellation Energy could alter the city's skyline, injecting fresh life into the traditional downtown business district or further expanding the waterfront corporate center east of the harbor.

Electric choice: Know your rights

9:35 PM EST, January 7, 2012

Electric choice: Know your rights

The pitch from the door-to-door salesman sounded appealing: a deal to lock in a lower electricity rate with Constellation Energy Group and get a better gas price with Constellation's BGE Home for the next 12 months.

Governor gets concessions in Exelon deal

11:01 PM EST, December 14, 2011

Governor gets concessions in Exelon deal

In a settlement with Gov. Martin O'Malley over the proposed buyout of Constellation Energy Group, Exelon Corp. has promised to develop significantly more natural gas, wind and solar power in Maryland, give more money to help low-income customers and provide more protections for Baltimore Gas and Electric.

Office of People's Counsel seeks assurances for BGE's low-income customers

1:53 PM EST, January 2, 2012

Office of People's Counsel seeks assurances for BGE's low-income customers

As the economy has faltered over the past three years, more BGE customers have been in danger of losing their electric service because of overdue bills.

12:32 PM EST, December 14, 2011

Five Constellation execs named to Exelon posts

An Exelon executive would run the business unit that would remain in Baltimore if the proposed merger between Constellation Energy Group and Exelon Corp. is approved, Chicago-based Exelon said Wednesday.

6:21 PM EST, December 15, 2011

Electric reliability rules to be published in Maryland Register

Maryland energy regulators on Thursday approved the publication of proposed reliability standards for state utilities in the Maryland Register for public comment.

Proposed reliability standards for utilities are considered

5:38 PM EST, December 8, 2011

Proposed reliability standards for utilities are considered

Maryland energy regulators on Thursday considered proposed regulations that would set reliability standards for the state's utilities.

6:57 PM EST, November 15, 2011

Prince George's County Council tables bill to ban slots

The Prince George's County Council on Tuesday shelved a zoning bill that would have effectively banned slots in that county.

8:46 PM EST, November 14, 2011

FERC to take more time to review Constellation merger

The Federal Energy Regulatory Commission has delayed its decision on the proposed merger between Baltimore's Constellation Energy Group and Exelon Corp., a move that could push back a closing of the deal until April.

The Interview: Robert J. Norton

November 12, 2011

The Interview: Robert J. Norton

Amid legal wrangling and a ballot fight, it seemed as though the casino proposed for Arundel Mills would never become a reality.

3:14 PM EST, December 5, 2011

State casinos generate $12.2M in revenue in Nov.

Revenue from the state's two casinos dipped to $12.2 million in November, down from $12.9 million in October, the Maryland Lottery reported Monday.

October 30, 2011

Exelon's Philadelphia utility fulfills promises to customers, regulators

As Exelon Corp. continues to pursue Constellation Energy Group, the Chicago energy giant is pointing to a decade-old deal with a Philadelphia utility as a success that should reassure wary Marylanders — and regulators — about its intentions toward Baltimore's last Fortune 500 company.

5:19 PM EST, December 21, 2011

Energy regulator fines Pepco $1 million for poor reliability

The state's energy regulator on Wednesday fined Pepco $1 million for failing to properly maintain the utility's electricity grid, resulting in prolonged and frequent power outages during storms and normal conditions.

4:32 PM EST, December 21, 2011

Constellation, Exelon settle with Justice Department

Constellation Energy Group's plans to sell itself to Exelon Corp. cleared a regulatory hurdle Wednesday after the two companies reached a proposed settlement with the U.S. Department of Justice.

6:48 PM EST, December 9, 2011

Legg's ClearBridge CEO steps down

Peter Sundman, the chief executive officer of ClearBridge Advisors, has left Legg Mason's largest stock-fund division based in New York, the Baltimore company said Friday.

Laurel Park, Pimlico owner to ask for state help in 2012

6:24 PM EST, December 20, 2011

Laurel Park, Pimlico owner to ask for state help in 2012

The owner of Laurel Park and Pimlico Race Course plans to ask the state for up to $6 million in slots subsidies to help run 146 days of live racing at the two tracks next year.

6:20 PM EDT, November 3, 2011

CFG Community Bank agrees to consent order

Baltimore's CFG Community Bank and its parent company, Capital Funding Bancorp, have agreed to a consent order with state and federal bank regulators to shore up their corporate governance and management review processes.

The Interview: Hank Greenberg, AARP Maryland state director

December 10, 2011

The Interview: Hank Greenberg, AARP Maryland state director

Maryland, like the rest of the country, is aging.

9:23 PM EST, November 29, 2011

Few show for hearing on Constellation's proposed merger

Several community groups in the Baltimore region expressed support for Constellation Energy Group's plan to sell itself to Chicago-based Exelon Corp. at a public hearing Tuesday in Bel Air.

10:34 PM EDT, November 1, 2011

EDF questions energy chiefs on second day of merger hearings

Constellation Energy's second-largest shareholder and a partner in its nuclear business grilled the Baltimore company's chairman and chief executive, Mayo A. Shattuck III, about his compensation and proposed role at Exelon Corp. during the second day of regulatory hearings on the $7.9 billion merger of the two energy giants.

First Mariner faces deadline to raise capital

6:53 PM EST, November 30, 2011

First Mariner faces deadline to raise capital

Seven months after First Mariner Bancorp struck a cash-infusion deal that Chairman Edwin F. Hale Sr. characterized as a "significant milestone" in the struggling Baltimore company's efforts to raise its capital levels, a second deadline has come and gone, leaving no clear picture of the bank's progress.

Pimlico, Laurel Park to maintain 146 days of racing in 2012

4:57 PM EST, December 17, 2011

Pimlico, Laurel Park to maintain 146 days of racing in 2012

The owner of Maryland's two major thoroughbred tracks and the Maryland Thoroughbred Horsemen's Association reached a tentative agreement Saturday to maintain 146 days of live racing next year, avoiding another last-minute showdown that threatened the racing industry.

7:53 PM EST, November 7, 2011

Constellation and EDF: A marriage gone south

Two years ago, Constellation Energy Group and its French nuclear partner EDF were BFFs.

12:01 PM EDT, October 25, 2011

BGE natural gas customers could see 5% drop in bill

Baltimore Gas and Electric Co. said Tuesday that natural gas customers could anticipate a nearly 5 percent decrease in their bill for the upcoming winter.

Constellation, Exelon chiefs testify before PSC

8:51 PM EDT, October 31, 2011

Constellation, Exelon chiefs testify before PSC

Top executives of Constellation Energy Group and Exelon Corp. faced questions about reliability, local management of Baltimore Gas and Electric, and corporate governance Monday at the start of what is expected to be an exhaustive regulatory review of the proposed $7.9 billion merger of the two energy giants.

5:19 PM EST, December 1, 2011

Thoroughbred racing industry misses racing-date deadline

The thoroughbred industry missed Thursday's deadline to submit a long-term business plan to sustain the sport to the Maryland General Assembly.

5:30 PM EST, November 14, 2011

Prince George's Co. lawmakers to vote on slots-ban bill

In 2007, when the Maryland General Assembly was considering five locations for slot machines, the Rev. Jonathan L. Weaver sought to keep casinos out of Prince George's County.

7:40 PM EDT, October 28, 2011

First Mariner posts another quarterly loss

First Mariner Bancorp posted a $7.9 million loss in the third quarter as the Baltimore company continued to write down the value of distressed properties.

7:33 PM EDT, October 28, 2011

Constellation Energy Group posts $74 million profit

As Maryland energy regulators prepare to review next week Constellation Energy Group's plan to sell itself to Exelon Corp., the Baltimore energy company posted Friday a $74 million profit in the third quarter.

10:52 AM EST, November 8, 2011

Former 1st Mariner executive McKew joins CFG Community Bank

Former 1st Mariner Bank executive Daniel McKew has landed a job at Baltimore's CFG Community Bank.

10:30 PM EDT, November 1, 2011

EDF questions energy chiefs on second day of merger hearings

Constellation Energy's second-largest shareholder and a partner in its nuclear business grilled the Baltimore company's chairman and chief executive, Mayo A. Shattuck III, about his compensation and proposed role at Exelon Corp. during the second day of regulatory hearings on the $7.9 billion merger of the two energy giants.

Legg Mason's Miller disembarks from flagship Value Trust fund

7:36 PM EST, November 17, 2011

Legg Mason's Miller disembarks from flagship Value Trust fund

Legg Mason's famed stock picker Bill Miller will officially hand over the day-to-day management of the well-known Legg Mason Capital Management Value Trust fund to his successor, Sam Peters, on April 30, the Baltimore money manager announced Thursday.

4:33 PM EST, November 26, 2011

'Bazaart' market is Black Friday alternative

Forget cheap televisions, laptops and clothes.

Some investors still on sidelines

November 20, 2011

Some investors still on sidelines

After a brutal third quarter in which the United States saw an unprecedented downgrade of its credit, many weary investors are staying on the sidelines.

Legg Mason's Miller to step down from Value Trust

10:04 AM EST, November 17, 2011

Legg Mason's Miller to step down from Value Trust

Legg Mason's famed stock picker Bill Miller will officially hand over the day-to-day management of the well-known Legg Mason Capital Management Value Trust fund to his successor Sam Peters on April 30, the Baltimore money manager announced Thursday.

5:09 PM EST, December 1, 2011

Constellation to buy Oklahoma natural gas company

Constellation Energy Group has agreed to acquire a Tulsa, Okla., natural gas company for $22.5 million, the Baltimore company announced Thursday.

9:03 AM EST, November 26, 2011

Two killed in single-car crash in Elkridge

Two people whom police believe were not wearing their seat belts were killed and three others were injured Friday night in a single-car crash in Elkridge.

4:53 PM EST, November 17, 2011

Shareholders approve Constellation, Exelon merger

Shareholders for Baltimore-based Constellation Energy Group Inc. and Chicago-based Exelon Corp. today approved the merger of the two energy companies.

4:14 PM EDT, October 27, 2011

Two Baltimore nonprofit groups receive BofA grants

Bank of America, the region's largest bank, announced Thursday that it will award $200,000 each to two Baltimore nonprofit groups involved in employment assistance and education.

6:55 PM EDT, October 25, 2011

T. Rowe Price reports 3Q profit increase

Baltimore money manager T. Rowe Price reported on Tuesday a nearly 10 percent increase in third-quarter profit, but clients withdrew more money than they put into mutual funds and other investments for the first time in nearly three years.

Wisp Resort owners file for Chapter 11 bankruptcy protection

6:51 PM EDT, October 17, 2011

Wisp Resort owners file for Chapter 11 bankruptcy protection

The owners of a ski resort near Deep Creek Lake have filed for Chapter 11 bankruptcy-law protection while they try to resolve financial difficulties related to another business.

10:14 AM EDT, October 12, 2011

Constellation, Exelon shareholder meeting on merger set for Nov. 17

Constellation Energy Group and Exelon Corp. shareholders will have their say on the companies' proposed merger at separate meetings on Nov. 17, according to regulatory documents filed Wednesday.

4:36 PM EDT, October 28, 2011

Towson business school to develop financial lab

Towson University's College of Business and Economics will build a new financial laboratory that will act as a trading floor thanks in part to a $200,000 grant from the T. Rowe Price Foundation, the charitable arm of the Baltimore money manager.

7:59 PM EDT, October 21, 2011

O'Malley pushes PSC to seek renewables in new power generation

Gov. Martin O'Malley is pushing state energy regulators to consider renewable energy resources and to allow utilities to own plants again in their efforts to seek potential new power generation at cost-controlled prices.

6:11 PM EDT, October 11, 2011

Constellation, Exelon agree to more concessions

Constellation Energy Group and Exelon Corp. have agreed to additional concessions to alleviate concerns over market power in the mid-Atlantic's electricity grid under the companies' plan to merge, according to documents filed Tuesday with federal and state energy regulators.

Critics of Constellation merger call for bigger consumer benefit

9:09 PM EST, December 5, 2011

Critics of Constellation merger call for bigger consumer benefit

Critics of the Constellation Energy Group-Exelon Corp. merger called Monday for doubling the rate credit for utility customers to $200, even as the companies offered other concessions, including building a new downtown Baltimore headquarters.

6:46 PM EDT, October 25, 2011

Constellation merger hearings to take longer than expected

Maryland energy regulators have added at least two more days to their review of Constellation Energy Group's plans to sell itself to Chicago-based Exelon Corp.

5:47 PM EST, November 17, 2011

Shareholders approve Constellation, Exelon merger

Shareholders for Baltimore-based Constellation Energy Group Inc. and Chicago-based Exelon Corp. have approved the merger of the two energy companies.

8:29 PM EDT, October 18, 2011

Md. horsemen again at odds over schedule

It's deja vu for Maryland's thoroughbred racing industry.

The Interview: Paula M. Carmody

October 23, 2011

The Interview: Paula M. Carmody

To say the Maryland Office of People's Counsel has been busy over the last few years is an understatement.

State energy regulators to consider reliability standards

November 26, 2011

State energy regulators to consider reliability standards

The next time Ana Ferguson and her husband lose power for an extended period, they will be prepared. The Pikesville couple bought a generator after five nights without electricity in the aftermath of Hurricane Irene.

7:50 PM EST, November 23, 2011

Illinois AG wants hearing on Constellation merger

The Illinois Attorney General's Office has renewed its request to federal energy regulators for a hearing on Constellation Energy Group's plan to sell itself to Chicago-based Exelon Corp.

8:36 PM EDT, October 12, 2011

Energy analysts: Constellation-Exelon merger likely to go through

Despite continuing challenges to Constellation Energy Group's plans to sell itself to Exelon Corp., analysts say the $7.9 billion deal is likely to overcome major regulatory obstacles, including those in Maryland, where critics are seeking concessions to make the merger more palatable.

3:00 PM EDT, October 20, 2011

Developers sought for 2 projects on city's west side

The Baltimore Development Corp. is seeking proposals for two development projects on the west side of the city.

5:36 PM EDT, November 3, 2011

Two state senators recommend spinoff of BGE

A top Exelon Corp. executive said Thursday that separating Baltimore Gas and Electric Co. from parent Constellation Energy Group would be a "deal breaker" for the proposed $7.9 billion merger between the two energy giants.

Exelon executive: 600 positions identified for cuts under merger

8:16 PM EDT, November 2, 2011

Exelon executive: 600 positions identified for cuts under merger

Exelon Corp. has identified some 600 corporate positions that would be eliminated under a merger with Baltimore's Constellation Energy Group, a top executive of the Chicago energy giant said Wednesday.

6:03 PM EDT, October 13, 2011

Fairmount Bancorp completes acquisition of thrift

Fairmount Bancorp, the holding company of its namesake bank in Rosedale, announced Thursday that it had completed the acquisition of Baltimore's Fullerton Federal Savings Association.

7:26 AM EDT, October 11, 2011

State energy regulator holds last public hearing on BGE's Irene performance

On Tuesday evening the state's utility regulator will hold the final public hearing on Baltimore Gas and Electric Co.'s performance in the aftermath of Hurricane Irene.

10:57 AM EDT, October 11, 2011

Maryland Live! Casino names general manager

Maryland Live! Casino announced Tuesday that gambling industry veteran Robert J. Norton has been named president and general manager of the slots parlor under construction at Arundel Mills mall.

Studies project millions in tax revenue from Rosecroft slots

8:30 PM EDT, October 5, 2011

Studies project millions in tax revenue from Rosecroft slots

Renewed jostling to expand gambling in the state began Wednesday as a national casino operator painted its proposal to build a casino in Prince George's County as good for taxpayers and as Frederick County lawmakers asked constituents if they want slots there.

2:43 PM EDT, October 8, 2011

Bicyclist struck, killed by vehicle in Anne Arundel County

A bicyclist was struck and killed by a vehicle in Millersville, while a police officer was injured in a separate car accident Friday night, Anne Arundel County police said.

9:14 PM EDT, October 8, 2011

Murder of elderly Baltimore man still unsolved a year later

A year ago Saturday, Evelyn Scott-Palmer returned home from picking up her lunch to find her husband lying unresponsive on the cellar floor.

6:34 PM EDT, October 3, 2011

State energy regulator questions BGE on Irene effort

Baltimore Gas and Electric Co. performed "very well" under difficult conditions to restore power to 756,000 customers who lost electricity during Hurricane Irene, the utility's chief executive officer told Maryland energy regulators Monday.

6:25 PM EDT, October 8, 2011

One person is killed in two-vehicle crash in Cecil County

One person was killed in a two-vehicle accident in Cecil County early Saturday morning, according police.

10:14 AM EDT, October 8, 2011

Police investigating vandalism of speed camera in Balto. Co.

Baltimore County police are investigating the destruction of a speed camera that was ripped from the ground at Sparrows Point High School this week.

6:19 PM EDT, October 8, 2011

Man shot, dies after Saturday confrontation with city police

A man died after being shot by Baltimore police early Saturday in an exchange of fire that the department said took place after the man shot and wounded his former wife.

9:36 PM EDT, October 8, 2011

Bleach, Pine-Sol thrown in fight at Baltimore Co. Walmart

A woman poured bleach and Pine-Sol on a Walmart customer in southern Baltimore County, police said, in an incident that closed down the store for several hours Saturday and sent 19 to area hospitals.

7:24 PM EDT, September 29, 2011

Electric utilities ordered to solicit parties interested in building new plant

The Maryland Public Service Commission took the first step toward requiring that the state's electricity utilities, including Baltimore Gas and Electric Co., agree to long-term deals to purchase power from a potential new plant in the state.

8:20 PM EDT, September 30, 2011

Baltimore County Savings Bank changes charter

Baltimore County Savings Bank has converted from a federally chartered savings institution to a state-chartered commercial bank, it announced Friday.

6:27 PM EDT, September 28, 2011

Constellation-Exelon merger hearings scheduled

Marylanders may comment on the merger between Constellation Energy Group and Chicago-based Exelon Corp. at hearings scheduled in Bel Air, Baltimore and Annapolis.

3:40 PM EDT, October 3, 2011

Rosecroft, Jockey Club fail to reach simulcast agreement

Rosecroft Raceway and members of the state's thoroughbred industry, including the Maryland Jockey Club, are expected to enter into binding arbitration to resolve a dispute over simulcasting fees.

7:39 PM EDT, September 22, 2011

First Mariner has new deadline to raise money

First Mariner Bancorp said Thursday that it has extended an agreement with New York investment firm, giving the Baltimore bank more time to raise much-needed capital to survive.

Transamerica sign goes up, transforming city skyline

4:10 PM EDT, October 7, 2011

Transamerica sign goes up, transforming city skyline

Transamerica Life Insurance Co. has begun putting up its namesake sign at 100 Light St., transforming Baltimore's skyline once again.

The Interview: Mark Kaufman

8:58 AM EDT, September 18, 2011

The Interview: Mark Kaufman

Maryland's financial regulators have been busy for several years now, sorting through the fallout from the financial crisis and the real estate collapse.

9:56 PM EDT, September 28, 2011

Consumer advocate seeks deeper inquiry into BGE storm response

Maryland's consumer advocate wants the state energy regulator to conduct a "more in-depth investigation" into Baltimore Gas and Electric Co.'s performance in the wake of Hurricane Irene.

State suggesting sweeteners to Constellation-Exelon deal

10:22 PM EDT, September 20, 2011

State suggesting sweeteners to Constellation-Exelon deal

As Constellation Energy Group prepares to sell itself to Chicago-based Exelon, critics are advancing proposals to make the deal more palatable to Maryland customers.

8:00 PM EDT, September 7, 2011

State lawmakers call for deeper look into BGE's storm response

State lawmakers are calling for a deeper look into Baltimore Gas & Electric's response to Hurricane Irene, which left hundreds of thousands of customers without electricity — and ratepayers and public officials fuming about the utility's restoration efforts.

BGE estimates Irene response cost $81 million

8:55 PM EDT, September 21, 2011

BGE estimates Irene response cost $81 million

Baltimore Gas and Electric Co. spent $81 million to restore electricity to households and businesses that lost power in the aftermath of Hurricane Irene — costs that are expected to be passed on in part to all customers, the utility reported Wednesday.

O'Malley administration: Commission should reject Constellation-Exelon deal

9:16 PM EDT, September 19, 2011

O'Malley administration: Commission should reject Constellation-Exelon deal

The O'Malley administration is asking state regulators to reject Constellation Energy Group's plan to sell itself to Chicago-based Exelon Corp. unless the companies provide greater assurance that the new owner can deliver reliable service to Maryland customers.

6:38 PM EDT, September 27, 2011

First Mariner could seek another deal or partner

First Mariner Bancorp can seek an alternative deal or partner to raise capital it needs to survive under an amended agreement with Priam Capital, according to regulatory documents filed Tuesday.

Bank of America upheaval an opportunity for local competitors

6:01 PM EDT, September 18, 2011

Bank of America upheaval an opportunity for local competitors

On the day last week that Bank of America announced sweeping cost-cuts, including the elimination of 30,000 jobs, executives at BlueRidge Bank celebrated a milestone for the three-year-old financial company.

10:49 PM EDT, September 27, 2011

Customers vent to PSC about BGE's performance in Irene

Customers of Baltimore Gas and Electric Co. asked Maryland's energy regulator to hold the utility accountable for what they described as poor performance in the wake of Hurricane Irene, which left 756,000 people without power, some for as long as eight days.

Maryland company helps with Irene recovery in N.C.

7:23 PM EDT, September 12, 2011

Maryland company helps with Irene recovery in N.C.

When it made landfall in North Carolina, Hurricane Irene cut stretches of the Outer Banks off from the mainland.

5:51 PM EDT, September 6, 2011

BGE restores power to 23K customers Tuesday

Just over a day after it finished a massive effort to restore power knocked out by Hurricane Irene, BGE said it had returned electricity to more than 23,000 customers affected by Tuesday's heavy rains.

The Interview: Barry Bogage

12:53 PM EDT, August 22, 2011

The Interview: Barry Bogage

The Maryland/Israel Development Center sees itself as a matchmaker — not of a romantic kind but an economic one.

State's gambling future taking shape

10:34 PM EDT, September 27, 2011

State's gambling future taking shape

Through the first three years of the state's slots program, the opportunity to build a casino in Baltimore drew only one bidder — and that investor was disqualified after failing to make payments and meet deadlines.

State lawmakers call for deeper look into BGE's storm response

7:50 PM EDT, September 7, 2011

State lawmakers call for deeper look into BGE's storm response

State lawmakers are calling for a deeper look into Baltimore Gas & Electric's response to Hurricane Irene, which left hundreds of thousands of customers without electricity — and ratepayers and public officials fuming about the utility's restoration efforts.

7:05 PM EDT, August 16, 2011

Exelon: Baltimore will see 'most impactful' job cuts in Constellation merger

The Baltimore headquarters of Constellation Energy Group, which agreed to sell itself to Chicago-based Exelon Corp., will see the "most impactful" job cuts related to the $7.9 billion deal, according to a top Exelon executive.

BGE faces anger from customers, questions from regulators

8:58 PM EDT, September 1, 2011

BGE faces anger from customers, questions from regulators

Baltimore Gas and Electric Co. will face questioning from state regulators over its response to power outages caused by Hurricane Irene after a chorus of criticism from angry customers and public officials.

5:31 PM EDT, September 6, 2011

Md.'s two casinos generate $13 million in August

Slots revenue from Maryland's two casinos dropped in August, falling nearly 16 percent to $13 million, the state lottery reported Tuesday.

10:03 PM EDT, September 26, 2011

Constellation nuclear partner wants assurances in Exelon merger

EDF Group, Constellation Energy's second-largest shareholder and a partner in its nuclear business, is threatening to vote against the company's plans to sell itself to Exelon Corp. after talks between them broke down last week, according to sources familiar with the discussions.

Officials attack BGE over outages; City, Baltimore. Co., Arundel most affected

12:31 PM EDT, September 1, 2011

Officials attack BGE over outages; City, Baltimore. Co., Arundel most affected

Power restoration to Baltimore County homes in the wake of Hurricane Irene lagged behind the rest of the state Wednesday, as tens of thousands of residents entered a fourth evening without lights.

6:12 PM EDT, August 17, 2011

O'Malley fills vacancies on Public Service Commission

Gov. Martin O'Malley appointed Kevin Hughes and Kelly Speakes-Backman on Wednesday to fill vacancies on the Maryland Public Service Commission.

12:00 PM EDT, July 15, 2011

Severn Bancorp reports second-quarter earnings loss

Severn Bancorp, the Annapolis-based parent of its namesake bank, posted Friday a net loss for the second quarter due to an increase in loan loss reserves.

7:11 PM EDT, September 2, 2011

BGE to finish power restoration efforts by Saturday

Baltimore Gas & Electric Co. said it's on track to finish restoring power to all customers affected by Hurricane Irene by Saturday.

Irene's greatest aggravation: power outages

2:22 PM EDT, August 29, 2011

Irene's greatest aggravation: power outages

It was bad enough that Hurricane Irene stole Lisa Dillin's electricity.

4:28 PM EDT, August 30, 2011

State audit finds problems with racing division

An audit has discovered two problems associated with the Maryland Division of Racing's compliance and internal controls.

6:26 PM EDT, September 13, 2011

BOA not detailing layoffs in Maryland

Bank of America is not releasing details on how many Maryland workers are to be laid off in its job-cutting plan.

6:31 PM EDT, August 31, 2011

First Mariner delisted from Nasdaq stock market

First Mariner Bancorp, locked in a fight for survival, suffered another setback Wednesday when its stock was delisted from the Nasdaq stock market.

11:48 AM EDT, June 23, 2011

EDF seeks to protect interests in Constellation merger

Constellation Energy Group's nuclear venture partner is asking Maryland energy regulators to be a party in the case examining the proposed merger between the Baltimore company and Chicago-based Exelon Corp.

Irene damage closes area schools, stymies efforts to restore power

10:13 PM EDT, August 28, 2011

Irene damage closes area schools, stymies efforts to restore power

Schools throughout the region are closed today and hundreds of thousands of families and businesses remain without power as Marylanders clean up after Hurricane Irene.

8:44 PM EDT, September 2, 2011

BGE says it has improved PeakRewards

Baltimore Gas & Electric Co. says it has taken several steps to improve performance after angering PeakRewards customers when air conditioners were cycled off for up to nine hours during a scorching day in July.

8:23 PM EDT, September 1, 2011

Priam Capital says it's still committed to First Mariner deal

The New York investment firm that wants to invest in struggling First Mariner Bancorp said Thursday it was still committed to the deal that would provide much-needed capital for the bank.

Maryland's largest off-track betting parlor to close

7:09 PM EDT, September 6, 2011

Maryland's largest off-track betting parlor to close

Maryland's oldest and largest off-track betting facility will shut down next month, its owners said Tuesday, because it can no longer sustain losses.

6:30 PM EDT, August 25, 2011

Deep Creek resort owners consider sale of ski property

Selling a ski resort near Deep Creek Lake is one of several options that its owners are considering to resolve financial difficulties related to another business.

PNC sees Towson branch as entree to student population

6:49 PM EDT, August 22, 2011

PNC sees Towson branch as entree to student population

More than 21,000 students attend Towson University.

6:05 PM EDT, August 28, 2011

Calvert Cliffs reactor remains off-line

Workers at Calvert Cliffs nuclear plant in Southern Maryland were working Sunday afternoon to bring a reactor online after it was shut down late Saturday when a piece of debris tossed by heavy winds from Hurricane Irene damaged a transformer.

Critic of Constellation deal wants $810 million in incentives

7:30 AM EDT, August 9, 2011

Critic of Constellation deal wants $810 million in incentives

A critic of Constellation Energy Group's proposed merger with Chicago-based Exelon Corp. wants the two firms to provide $810 million in incentives to Maryland ratepayers and other stakeholders as part of the power companies' deal.

Transportation system back on line after Irene

5:02 PM EDT, August 28, 2011

Transportation system back on line after Irene

Most of the state's transportation grid was back on line Sunday, but commuters can expect some delays as the work week begins.

Anxious investors try to remain calm amid wild swings in market

August 14, 2011

Anxious investors try to remain calm amid wild swings in market

Veteran money manager Brian Kroneberger Jr. didn't sleep well last week — and neither did his clients — as markets whipsawed and the Dow Jones industrial average posted Tums-popping losses and heart-pounding gains on a daily basis.

11:22 AM EDT, July 22, 2011

Visit Baltimore: Hotel bookings for future city conventions down

Hotel rooms booked for future years by convention or business groups declined nearly 8 percent in the past fiscal year, Baltimore's convention and tourism agency said Thursday.

Irene's impact on Md. businesses mixed

8:22 AM EDT, August 30, 2011

Irene's impact on Md. businesses mixed

Hurricane Irene did not inflict as much damage in Maryland as officials and residents had feared. But the storm came at a bad time for many businesses.

2:52 PM EDT, August 9, 2011

Constellation sells portion of its stake in gas and oil company

Baltimore's Constellation Energy has sold a portion of its minority stake in a gas and oil production company in a revised deal valued at $12.7 million.

5:15 PM EDT, August 22, 2011

Rosecroft to open for simulcast Aug. 25

Rosecroft Raceway, which had been shuttered since last year, will re-open for simulcast races on Thursday.

Verizon strike continues as company and workers trade barbs

8:53 PM EDT, August 15, 2011

Verizon strike continues as company and workers trade barbs

Clashes between Verizon Corp. and its workers have escalated as contract negotiations remain deadlocked and thousands of workers have been striking for more than a week.

6:18 PM EDT, August 12, 2011

First Mariner must maintain stock listing for cash deal

First Mariner Bancorp must maintain stock listing on the Nasdaq Capital Market to close a cash-infusion deal with a New York investment firm and ensure its survival, according to regulatory documents filed Friday.

2:43 PM EDT, August 17, 2011

Online portal developed to help homeowners in foreclosure mediation

The online portal HOPE LoanPort and GMAC Mortgage have teamed up on a program to allow Maryland homeowners and participating mortgage servicers to exchange documents in foreclosure mediation cases electronically.

12:01 PM EDT, July 19, 2011

TEDCO awards more than $1.1 million in start-up funds

The Maryland Technology Development Corp. said Tuesday that it has awarded nearly $1.13 million in funds to 15 Maryland start-ups.

3:30 PM EDT, August 11, 2011

Eastern Shore bank ordered to find buyer or merge

Federal banking regulators have ordered an Eastern Shore bank to take measures to establish adequate capital levels, which could include finding a buyer, merging with another institution or selling shares, among other options.

6:37 PM EDT, August 8, 2011

Activist investor Peltz buys more Legg shares

Activist investor Nelson Peltz has virtually reached the limit on his ownership stake of Baltimore-based Legg Mason Inc. after his latest stock purchase late last week.

CEO pay on the rise again

2:29 PM EDT, July 9, 2011

CEO pay on the rise again

The pay cuts didn't last long.

4:39 PM EDT, July 11, 2011

Baltimore's Blue Sky Factory acquired

Baltimore-based email marketing firm Blue Sky Factory has been acquired by a competitor in Atlanta.

The Interview: Vadim Polikov

7:03 PM EDT, July 22, 2011

The Interview: Vadim Polikov

Solar power is not just for large manufacturers and other companies looking to save on energy costs.

12:54 PM EDT, June 22, 2011

Constellation sheds stake in gas and oil company

Baltimore's Constellation Energy Group has divested its minority stake in a gas and oil production company under a deal worth $22.5 million.

10:21 AM EDT, August 22, 2011

In volatile market, some see bargains, others, pitfalls

As the Dow took another 400-point tumble Thursday, Baltimore money manager David Stepherson found himself talking one client out of selling everything.

Constellation CEO's total compensation up 44%

9:38 PM EDT, April 15, 2011

Constellation CEO's total compensation up 44%

Constellation Energy Group CEO Mayo A. Shattuck III took in $15.7 million in total compensation last year, a 44 percent annual increase in a year when the company he manages posted a nearly billion-dollar loss.

4:15 PM EDT, July 1, 2011

Labor secretary ready to lead mediation on simulcast talks

Maryland labor secretary Alexander Sanchez will begin leading mediation next week on a new simulcasting agreement between Rosecroft Raceway and representatives of Maryland's thoroughbred racing industry.

3:27 PM EDT, June 30, 2011

State expected to mediate simulcast negotiations

The state is expected to mediate negotiations on a new simulcasting agreement between Rosecroft Raceway and representatives of Maryland's thoroughbred racing.

The Interview: Greg Avioli

July 3, 2011

The Interview: Greg Avioli

Greg Avioli is not new to thoroughbred racing.

8:01 PM EDT, July 5, 2011

June slots revenue down for second straight month

Slots revenue from Maryland's two casinos declined in June for the second straight month, dropping 5 percent to $12.61 million, the Maryland Lottery reported Tuesday.

7:22 PM EDT, July 14, 2011

Exelon seeking information for new Baltimore building

Exelon Corp., which has agreed to acquire Constellation Energy Group in a $7.9 billion deal, is seeking information on available commercial space in downtown Baltimore that could house the combined company's competitive power and "green" energy businesses if the transaction goes through.

McCormick reports 11% quarterly profit increase

6:08 PM EDT, June 30, 2011

McCormick reports 11% quarterly profit increase

McCormick & Co. enjoyed a double-digit increase in profit during the last quarter on the strength of new products, higher sales and price increases, the Sparks-based spicemaker reported Thursday.

Proxy firm tells Legg shareholders to vote no on CEO pay

6:27 PM EDT, July 11, 2011

Proxy firm tells Legg shareholders to vote no on CEO pay

An influential shareholder guidance group is advising Legg Mason investors to vote against the Baltimore company's $5.9 million compensation package for Chairman and CEO Mark R. Fetting.

7:33 PM EDT, July 21, 2011

Md. ratepayer advocate protests Constellation-Exelon merger

Maryland's ratepayer advocate is objecting to Exelon Corp.'s proposed buyout of Constellation Energy Group, telling federal regulators that the combined company would have too much control of electricity prices on the grid that serves much of the Mid-Atlantic region.

5:17 PM EDT, June 28, 2011

Maryland regulators to begin reviewing Constellation deal in October

State energy regulators have scheduled an October start for hearings to consider Constellation Energy Group's deal to sell itself to Chicago-based Exelon Corp.

5:46 PM EDT, June 29, 2011

Racing regulators to consider Rosecroft license

The Maryland Racing Commission on July 6 is to consider a request to resume live harness racing at Rosecroft Raceway in Prince George's County after nearly three years.

Key deadline comes and goes for First Mariner

5:43 PM EDT, July 18, 2011

Key deadline comes and goes for First Mariner

A key deadline for Baltimore's First Mariner Bancorp to raise at least $70.3 million passed Monday without any word on whether the company has met that fundraising goal to keep alive a capital deal that would ensure the company's survival.

The Interview: Robert G. Wilmers

7:19 PM EDT, June 10, 2011

The Interview: Robert G. Wilmers

Robert G. Wilmers, M&T Bank Corp.'s chairman and chief executive officer, has been leading the Buffalo, N.Y., bank's shopping spree in Maryland.

10:45 PM EDT, July 6, 2011

Commission approves racing at Rosecroft, with conditions

State racing regulators agreed Wednesday to grant a license for Rosecroft Raceway to resume live racing after a three-year hiatus, but placed financial conditions on the owner that some say will keep the facility's operations in limbo.

Racing industry agrees Preakness should stay, but no deal

9:54 PM EST, December 6, 2010

Racing industry agrees Preakness should stay, but no deal

Although various players in the state's thoroughbred racing industry may disagree on how to sustain the sport, Gov. Martin O'Malley's office said Monday that everyone agreed on one thing: keeping the Preakness Stakes in Maryland.

September 19, 2009

CEG review extended

After a long week of grueling testimony on Constellation Energy Group's proposed nuclear joint venture with a French partner, the regulatory review will continue into next week, a hurdle that both companies had not expected when they signed the deal last year.

3:51 PM EDT, June 27, 2011

Constellation invests in local solar company

Constellation Energy Group has made a minority equity investment in an Annapolis Junction-based solar company focused on residential customers.

Maryland Racing Commission rejects horse-racing proposal

9:21 PM EST, December 21, 2010

Maryland Racing Commission rejects horse-racing proposal

The future of live thoroughbred racing in Maryland — along with the Preakness Stakes —is in jeopardy once again after a state commission on Tuesday rejected a proposed racing schedule contingent on several conditions that horse owners and breeders refused to accept.

Penn National sells stake in Maryland Jockey Club

6:16 PM EDT, June 16, 2011

Penn National sells stake in Maryland Jockey Club

The co-owners of Laurel Park and Pimlico Race Course have ended their tumultuous one-year partnership, leaving Maryland's thoroughbred racetrack operator with a single owner.

Jockey Club owners and horsemen at odds over live racing season

8:39 PM EST, December 20, 2010

Jockey Club owners and horsemen at odds over live racing season

On the eve of the Maryland Racing Commission's last scheduled meeting of the year, the owners of the state's two major thoroughbred tracks and horse-racing industry representatives were trying to hammer out a last-minute deal to ensure live meets can be run next year.

7:37 AM EDT, June 28, 2011

Constellation executives eligible for $36 million in merger-related payouts

Constellation Energy Group Chief Executive Officer Mayo A. Shattuck III and other top executives of the Baltimore company are eligible to receive more than $36 million in cash severance and equity awards if a proposed merger with Chicago-based Exelon Corp. is successful.

January 30, 2011

Legg focused on reversing fund withdrawals

Legg Mason Inc. has bounced back from the worst of the financial crisis by many counts.

Vend Natural sells healthful snacks in machines

November 28, 2010

Vend Natural sells healthful snacks in machines

Healthful food and vending machines don't exactly mix.

Md. Racing Commission rejects Jockey Club plan

10:12 PM EST, November 29, 2010

Md. Racing Commission rejects Jockey Club plan

Maryland's two major thoroughbred tracks may not host live racing next year — potentially jeopardizing the Preakness Stakes — after the state's racing commission on Monday rejected a plan to drastically curtail the racing schedule at Laurel Park and Pimlico Race Course.

EDF wants to revive loan guarantee process

7:28 PM EDT, October 27, 2010

EDF wants to revive loan guarantee process

EDF Group indicated Wednesday that the French energy company hopes to renew efforts to secure a federal loan guarantee to help finance the construction of a proposed third nuclear reactor at Calvert Cliffs in Southern Maryland.

Chesapeake Bay Candle opens first U.S. plant in Glen Burnie

7:40 PM EDT, June 27, 2011

Chesapeake Bay Candle opens first U.S. plant in Glen Burnie

It's called Chesapeake Bay Candle. But for 17 years, all the products in the signature line of Annapolis-born and Rockville-based Pacific Trade International were made by cheaper labor in Asia.

Constellation reportedly takeover target of Chicago power company

10:54 PM EDT, April 27, 2011

Constellation reportedly takeover target of Chicago power company

Constellation Energy Group is reportedly in the final stages of takeover negotiations that could see it absorbed by the Chicago-based power company Exelon Corp., a deal that would usher Baltimore's last Fortune 500 company headquarters out of town.

4:54 PM EDT, October 22, 2010

Constellation board elects EDF designee

Constellation Energy Group's board of directors on Friday elected Samuel Minzberg to fill a seat slated for its French partner.

First Mariner faces capital raising deadlines

6:09 PM EDT, April 25, 2011

First Mariner faces capital raising deadlines

First Mariner Bancorp's deal with a New York investment firm that would give the Baltimore institution a much-needed cash infusion sets two key deadlines for the company to raise additional capital, according to regulatory filings released Monday.

O'Malley brokers last-minute deal to guarantee live racing

6:54 PM EST, December 22, 2010

O'Malley brokers last-minute deal to guarantee live racing

With the Maryland thoroughbred industry as close as ever to demise, Gov. Martin O'Malley on Wednesday brokered a last-minute deal that guarantees live racing next year at Laurel Park and Pimlico Race Course and ensures the storied Preakness Stakes will continue here.

7:33 PM EDT, June 6, 2011

Slots revenue declines for first time in 2011

State slot machine revenue declined in May for the first time this year, officials reported Monday, as another month of gains at the Casino at Ocean Downs was weighed down by a $446,000 drop at the larger Hollywood Casino Perryville.

Maryland Jockey Club to curtail operations

9:19 PM EDT, November 3, 2010

Maryland Jockey Club to curtail operations

Maryland's horse racing interests have warned for years that the industry's long tradition would come to an end without the legalization of slot machine gambling in the state.

Orioles owner Angelos bids to buy Rosecroft, put slots there

9:20 PM EST, January 4, 2011

Orioles owner Angelos bids to buy Rosecroft, put slots there

Baltimore Orioles owner Peter G. Angelos is bidding to buy a bankrupt horse-racing track in Prince George's County and resurrecting a push to allow slot machines there.

Hollywood Casino Perryville reports September revenue

6:21 PM EDT, October 20, 2010

Hollywood Casino Perryville reports September revenue

Hollywood Casino Perryville, Maryland's first slots parlor in decades, generated more than $2 million in revenue during its first four days of operation in September, the Maryland State Lottery reported Wednesday.

10:28 AM EDT, June 14, 2010

Hunted officer turns self in

The Baltimore police officer facing a first-degree murder charge in the fatal shooting of an unarmed former Marine was ordered held without bail Monday morning, more than a day after his uncertain whereabouts triggered an intense search that ended when he surrendered with his attorney.

The Interview: James E. Rohr

May 15, 2011

The Interview: James E. Rohr

Just five years ago, PNC Bank had virtually no presence in Baltimore. Today, it is Maryland's third-largest financial institution by deposits, after Bank of America and M&T Bank.

Summer's Calling: Logistical mastermind behind State Fair's 4-H programs

6:48 PM EDT, August 31, 2010

Summer's Calling: Logistical mastermind behind State Fair's 4-H programs

Another article in a series about the people and the jobs that define a Maryland summer.

Frank Stronach becomes CEO of Jockey Club parent

2:35 PM EST, November 12, 2010

Frank Stronach becomes CEO of Jockey Club parent

Frank Stronach, the founder and chairman of the Maryland Jockey Club's majority owner MI Developments, has also taken on the role of chief executive officer.

Constellation, EDF reach deal on nuclear ventures

12:17 AM EDT, October 27, 2010

Constellation, EDF reach deal on nuclear ventures

Constellation Energy Group and its French nuclear partner, EDF Group, reached an agreement late Tuesday to give EDF full ownership of the proposed third nuclear reactor at Calvert Cliffs, reviving hopes for the project's future.

8:44 PM EDT, October 19, 2010

AFL-CIO head urges Constellation to not force EDF to buy nonnuclear plants

The head of the AFL-CIO is urging Constellation Energy Group not to exercise an option to sell some of its nonnuclear power plants to its French partner, EDF, for up to $2 billion, and "walk away from its investment" in the proposed third nuclear reactor at Calvert Cliffs in Southern Maryland.

Constellation offers its stake in Calvert Cliffs to French partner for $1

6:09 PM EDT, October 15, 2010

Constellation offers its stake in Calvert Cliffs to French partner for $1

Constellation Energy Group offered Friday to sell its half-stake in the proposed third nuclear reactor at Calvert Cliffs to its French partner for $1, a move that would allow EDF Group to pursue the Maryland project alone but would end the Baltimore company's business in U.S. nuclear development.

6:52 PM EDT, September 27, 2010

Sources: Constellation's French partner reviews U.S. strategy

French utility Electricite de France has hired investment adviser Lazard Ltd. to help review its strategic options for its U.S. business, including its nuclear partnership with Baltimore's Constellation Energy Group, according to sources familiar with the situation.

6:43 PM EST, March 4, 2011

T. Rowe Price executives got pay raise last year

Baltimore-based T. Rowe Price Group raised Chief Executive Officer James A.C. Kennedy's total compensation by nearly 51 percent to $7.1 million last year when the company posted record assets under management, net revenue and profit.

Efforts under way to try to salvage live horse racing in Md.

10:37 PM EST, November 30, 2010

Efforts under way to try to salvage live horse racing in Md.

State officials and the horse-racing industry vowed on Tuesday to try to salvage live thoroughbred racing in Maryland next year, though it remains unclear if the various stakeholders can come together to forge a viable plan.

First Mariner chief Hale's pay down slightly in 2010

5:38 PM EDT, April 8, 2011

First Mariner chief Hale's pay down slightly in 2010

First Mariner Bancorp Chairman and Chief Executive Edwin F. Hale Sr.'s compensation dipped slightly to $542,825 in 2010, the namesake bank holding company said Friday.

8:11 PM EST, December 10, 2010

Maryland Jockey Club to seek 77 racing days

The owners of Maryland's two major thoroughbred tracks proposed Friday to run 77 days of live racing next year at Laurel Park and Pimlico Race Course that would conclude after the Preakness Stakes in May.

Southwest merger with AirTran combines biggest BWI rivals

10:14 PM EDT, September 27, 2010

Southwest merger with AirTran combines biggest BWI rivals

Southwest Airlines' $1.4 billion bid for AirTran Holdings would combine the two largest carriers at Baltimore-Washington International Thurgood Marshall Airport, cementing Southwest's dominance at BWI but possibly ushering in higher passenger fares amid decreased competition.

Penn National supports curtailing racing operations

7:06 PM EST, November 9, 2010

Penn National supports curtailing racing operations

The future of Laurel Park was further clouded Tuesday, after the racetrack's minority owner said it still supports plans to eliminate live horse racing there.

September 22, 2009

1st Mariner oversight tightened

In the latest sign of trouble, 1st Mariner Bank said Monday that it has been placed under more intense federal supervision as Baltimore's largest independent bank continues to struggle with soured real estate loans and its inability to raise cash.

5:44 PM EDT, October 18, 2010

EDF designee on Constellation board resigns

French EDF Group's designee on Constellation Energy Group's board of directors resigned Monday in the latest move between the two companies, whose relationship has been strained over a proposed third nuclear reactor at Calvert Cliffs.

September 15, 2009

Constellation fights for deal

Nearly a year ago, Constellation Energy Group was fighting for its very existence as a credit crisis during the financial sector meltdown pushed the company to the verge of bankruptcy.

October 12, 2009

Prepping for the flu

Tracey Haldeman is not taking any chances with her business being disrupted this flu season. So the president of Baltimore's Pinnacle Communications is providing an attractive incentive for her eight employees to get vaccinated for both the seasonal and H1N1 viruses: an hour of free personal training and a paid day off.

October 3, 2009

Hearings on CEG deal extended

Maryland energy regulators extended hearings Friday on Constellation Energy Group's proposed nuclear joint venture with a French utility, likely delaying yet again a decision on the fate of the deal.

July 31, 2009

CEG deal stalls

Maryland energy regulators said Thursday that more time is required to review Constellation Energy Group's $4.5 billion deal with a French utility, forcing the company to miss its deadline to close the transaction.

Maryland's racing future uncertain

6:49 PM EST, December 4, 2010

Maryland's racing future uncertain

Maryland's thoroughbred owners, trainers and breeders have long worried that their industry is on the brink of collapse, issuing dire warnings about the potential loss of the Preakness Stakes, the state's biggest annual entertainment and sporting event.

November 3, 2009

CEG to act quickly on EDF deal

Constellation Energy Group and its nuclear joint venture partner, Electricite de France, announced Monday that they will move quickly to close their $4.5 billion nuclear joint venture, though the deal leaves some unanswered questions.

September 23, 2009

1st Mariner Tower faces foreclosure

A French bank has begun foreclosure proceedings on 1st Mariner Tower at Canton Crossing as the recession and housing slump spread deeper from Baltimore banker and developer Edwin F. Hale Sr.'s banking business to his commercial real estate activities.

August 8, 2009

No lights off, Hale asks

Developer and banker Edwin F. Hale Sr. is asking a Baltimore court to stop Constellation Energy, the parent of Baltimore Gas and Electric Co., from shutting off the lights of First Mariner Tower and 15 tenants occupying the Canton Crossing building.

October 29, 2009

Magna asks court to bar '02 slots deal

The bankrupt owner of Laurel Park and Pimlico Race Course wants to terminate a profit-sharing agreement to split any potential slots proceeds with the tracks' former owners, including Joseph De Francis, before the two racetracks go on the auction block early next year.

September 2, 2009

Utility ads try to sell nuclear deal

Constellation Energy Group has launched an aggressive public relations campaign, with advertising in print, on the radio and online, to garner support for a deal to sell half its nuclear power business to a French utility.

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