Fells Point eatery to open downtown Towson location

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T. Rowe reports dip in earnings; assets up $12B from first quarter

Baltimore money management firm T. Rowe Price reported Tuesday second quarter earnings of $195.3 million, a 41 percent drop from the April-to-June period last year that reflects a one-time charge to make right with investors affected by T. Rowe's botched Dell vote in 2013. Per share earnings were...

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National Business News

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  • Fiat Chrysler revises sales, shows streak ended in 2013

    Fiat Chrysler's existing streak of 75 straight months of sales gains should have ended in 2013, according to revised sales figures released Tuesday by the automaker. The revision comes as two federal agencies investigate whether the company inflated sales by pressing dealers to buy more vehicles....

  • Survey: American consumers' confidence remains steady

    American consumers are feeling confident about current economic conditions but are a bit warier about the future. The Conference Board said Tuesday that its consumer confidence index was essentially unchanged in July, dipping to 97.3 from a revised 97.4 in June. The business group's index includes...

  • US home prices rise at steady pace as sales heat up

    U.S. home prices extended their steady upward march in May, spurred by rising sales and a dwindling supply of available houses. The Standard & Poor's CoreLogic Case-Shiller 20-city home price index increased 5.2 percent in May compared with a year ago. That is down from a 5.4 percent annual gain...

  • US new-home sales climbed in June to more than 8-year high

    Americans bought new homes in June at the fastest pace in more than eight years, a sign that a solid job market and low mortgage rates are bolstering the U.S. housing market. The Commerce Department said Tuesday that new-home sales rose 3.5 percent last month to a seasonally adjusted rate of 592,000,...

Real Estate

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  • Deadline extended for Top Workplaces nominations

    Deadline extended for Top Workplaces nominations

    Love where you work but didn't around to nominating it for Top Workplaces? It's not too late. The Baltimore Sun Media Group extended the deadline for nominations for its sixth annual list of the region's top workplaces until Aug. 12. For the past five years, The Sun's Top Workplaces has showcased...

  • VA lender NewDay USA expands in Fulton and plans to hire 135

    VA lender NewDay USA expands in Fulton and plans to hire 135

    NewDay USA, a Fulton-based mortgage lender that serves veterans and their families, is expanding its Howard County headquarters and expects to hire about 135 loan originators, credit analysts and office staff by the end of the year. NewDay, a division of private investment firm Chrysalis Holdings...

  • Accenture Federal Services will double workforce as it opens innovation center in Woodlawn

    Accenture Federal Services will double workforce as it opens innovation center in Woodlawn

    Accenture Federal Services, a Virginia subsidiary of the global professional services firm Accenture, opened a technology-focused innovation center Monday in Woodlawn that will more than double its workforce to 300 people in the coming years. The Innovation Center for Technology will focus on information...

  • Do smartphones hurt productivity?

    Do smartphones hurt productivity?

    Your smartphone might seem as essential at work as anywhere else. Your employer might disagree. While most workers own mobile phones and keep them within sight, some employers see them as productivity killers and a few are banning or otherwise regulating them, experts say. Three-quarters of employers...

The Federal Workplace

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Under Armour

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  • Jordan Spieth wore golf shoe with sensor technology

    Jordan Spieth wore golf shoe with sensor technology

    In March, Jordan Spieth launched Under Armour’s first line of golf shoes. At the U.S. Open last month, Spieth and Under Armour tried something a little different -- a “smart’ shoe with sensor technology. “When it comes to daily activity, Jordan could not wear a wearable device (UA Band) on the...

  • Bryce Harper greets surprised guest at Under Armour store

    Bryce Harper greets surprised guest at Under Armour store

    Kaylan King knew she was going to meet Bryce Harper at Nationals Park. The meeting was set up as part of ESPN’s “My Wish” series. But King, a softball player from Gaithersburg with a kidney disorder, didn’t know that Harper, her favorite ballplayer, would be waiting for her at an Under Armour outlet...

  • NFL MVP Cam Newton apparently played Inner Harbor beach volleyball Monday

    NFL MVP Cam Newton apparently played Inner Harbor beach volleyball Monday

    Baltimore Beach Volleyball had probably its most famous participant show up Monday night. He's not a volleyball player. NFL Most Valuable Player and Carolina Panthers quarterback Cam Newton was a surprise visitor at Rash Field in the Inner Harbor, according to SouthBMore.com and Washington Capitals...

Money

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Asian stocks mixed after Wall Street decline

Chinese stocks gained Tuesday but other Asian markets fell after Wall Street declined on losses for energy stocks. KEEPING SCORE: The Shanghai Composite Index gained 0.5 percent to 3,028.56 and Hong Kong's Hang Seng advanced 0.7 percent to 22,144.70. Tokyo's Nikkei 225 fell 1.6 percent to 16,362.88...

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  • Delays continue to mire Southwest Airlines after outage

    Delays continue to mire Southwest Airlines after outage

    Numerous Southwest Airlines flights were canceled or delayed in and out of Baltimore Washington International Thurgood Marshall Airport for the third day in a row as the airline struggled to resume normal operations on Friday. Accoding to tracking service FlightAware.com, 49 flights in and out of...

  • Medifast's Take Shape for Life launches Optavia branded products

    Medifast's Take Shape for Life launches Optavia branded products

    Medifast Inc. has launched more than a dozen new products under the Optavia brand, which the weight loss company's health coaches will start offering to clients this month. Health coaches work directly with clients through Medifast's Take Shape For Life subsidiary. The new product line, including...

  • Volkswagen has emissions-cheating fix ready

    Volkswagen has emissions-cheating fix ready

    Volkswagen's plan to fix most of its 2-liter diesel engines that cheat on emissions tests includes a computer software update and a larger catalytic converter to trap harmful nitrogen oxide, according to two dealers who were briefed by executives on the matter. Limited details of the plan were...

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