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Jay Hancock

Jay Hancock

Exelon gets tax cuts despite pledge to locate in Baltimore - February 12, 2012 - Among the many advantages Constellation Energy's headquarters gives Baltimore — Fortune 500 cachet, hundreds of well-paid workers,...

Price funds grant small but exclusive Facebook entree - February 5, 2012 - Among the elite insiders who got to invest in Facebook before it goes public were several Silicon Valley venture capitalists, a Russian...

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Lightsquared wireless network will not fly

Federal officials plan to kill a private company's plans to start a national hig...

Federal officials plan to kill a private company's plans to start a national high-speed wireless broadband network after concluding it would in some cases jam personal-navigation and other GPS devices. (Feb. 15)

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The Baltimore Sun explores the tales behind these challenging economic times.
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More money news

Which prepaid card has the most fees? There's a tool to find out

Update: A spokeswoman for Suze Orman says NerdWallet has it wrong. Jill Zuckman says the monthly fees for the year don't add up to $39,...

Many Marylanders living without a financial safety net

Marylanders on average have the highest income in the country, but when it comes to having a financial cushion in hard times, we're...

First Mariner loses nearly $4 million in fourth quarter

First Mariner Bancorp said Monday that it lost almost $4 million during the three months ending Dec. 31, about the same as a year earlier...

Can Suze Orman's new prepaid card change credit scoring?

Eileen Ambrose: Personal finance guru Suze Orman says she never would have introduced her prepaid debit card if there wasn't a...

Marylanders can avoid paying state taxes next month on energy-friendly appliances

While the legislators battle it out over taxes in Annapolis, Marylanders will get a brief respite.

Harford Tax-Aide Program is back for another year

It's that time of year again for Harford County Tax-Aide. Reservations are being take for the program's free state and federal tax...

Baltimore CASH Campaign: Free tax preparation, plus a lot more

If you don't make a lot of money, the Baltimore CASH Campaign thinks you shouldn't be forking any of it over to get your tax returns...

Unemployed grad launches online campaign against Sallie Mae fee

Stef. G, hopes what an online campaign did to get rid of Bank of America’s $5 debit card fee will work with Sallie Mae.

Business markets news

Apple falls, and Wall Street follows

NEW YORK (Reuters) - Stocks fell on Wednesday for the third session in four, with market direction...

Appeals court weighs next steps in BofA mortgage deal

NEW YORK (Reuters) - Legal wrangling over the proposed $8.5 billion settlement of some of Bank of...

Billionaire Falcone: no LightSquared bankruptcy

(Reuters) - Hedge fund manager Philip Falcone is ruling out a bankruptcy filing for his telecom...

Morgan Stanley left holding TDC stock after offering

COPENHAGEN (Reuters) - Morgan Stanley was left holding a 7 percent stake in Denmark's TDC , or...

In Brazil, Google paves Facebook's path to the top

SAO PAULO (Reuters) - Facebook's popularity in Brazil has exploded over the past year, and the...

Yahoo-Alibaba talks falling apart: sources

SAN FRANCISCO (Reuters) - Talks between Yahoo Inc and China's Alibaba Group over the U.S. Internet...

Euro, global shares rise on growth outlook, Greek hopes

LONDON (Reuters) - The euro started firmer and stocks gained as investors focused on the growing...

Goldman analyst probed for leaking inside info: report

(Reuters) - A Goldman Sachs technology analyst is under investigation by federal authorities for...

Paulson demands breakup of The Hartford

BOSTON (Reuters) - Famed hedge fund manager John Paulson on Tuesday demanded that insurer The...

Petrobras new CEO focuses on boosting output

RIO DE JANEIRO (Reuters) - Petrobras' new chief executive, Maria das Gracas Foster, said on Monday...

Hedge funds see treasure in new public players

NEW YORK (Reuters) - Hedge fund managers bought shares of several of last year's hot IPOs in the...

Caesars CEO cites online gaming opportunity

BOSTON (Reuters) - Caesars Entertainment Corp stands to benefit from the rise of social media...

Low Carbon Accelerator NAV slumps, stops investing

LONDON (Reuters) - Low Carbon Accelerator Ltd, a UK-listed low-carbon investment company, said it...

Insight: Wall St commodity talent wars: Return of the merchants

NEW YORK (Reuters) - When it comes to hiring top commodity traders, what goes around comes around....

Exclusive: Goldman front-runner for Vale's Colombian coal ops

BOGOTA/LONDON (Reuters) - Goldman Sachs is the front-runner in an auction to buy the Colombian...