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City to lose federal housing workers

Nearly three dozen workers at the U.S. Department of Housing and Urban Development office in...

Budget cuts slow federal hiring in Md.

Hiring for federal jobs in Maryland has fallen 30 percent since 2008, and for the first time in...

White House chief of staff visits local VA office

White House Chief of Staff Denis McDonough visited the Baltimore regional office of the U.S....

Charges weighed in diver deaths at APG

Two senior enlisted leaders with an elite Navy dive unit could face charges of involuntary...

MORE HEADLINES

IRS announces crackdown on identity theft

The IRS wants to show taxpayers it is taking identity theft seriously.

Legg Mason board meets to discuss CEO

Legg Mason's board of directors is expected to meet Tuesday to discuss — and possibly decide — who will be its next CEO,...

Tax tips just in time for the launch of filing season

Tax season officially kicks off Wednesday, later than usual because lawmakers only this month passed legislation to address expired tax...

Legg Mason seeks to sublease space at Harbor East headquarters

Legg Mason Inc. is looking to sublease 78,000 square feet on three floors at its headquarters in Harbor East.

Baltimore gets a B+ for transparency

When it comes to disclosing to residents how their city’s money is spent, Baltimore rates a grade of B+, one of the highest grades...

Legg Mason Inc. to take $734 million charge

Legg Mason Inc. will take a $734 million impairment charge largely related to a drop in value of certain fund contracts, the Baltimore-based...

Legg Mason Capital Management to merge into sister subsidiary

Legg Mason Inc. plans to lay off an undisclosed number of employees as it folds its once high-profile Legg Mason Capital Management unit...

T. Rowe Price, Legg Mason get approval to launch active ETFs

Baltimore-based money managers T. Rowe Price and Legg Mason Inc. may offer actively managed exchange-traded funds after receiving a thumbs...

Baltimore's R2integrated receives investment from Dallas private equity company

Dallas-based Orix Private Equity announced Wednesday it has invested an undisclosed amount in Baltimore-based R2integrated, which the...

Ten Maryland banks remain in TARP, while Treasury winds down program

Delmar Bancorp has no regrets about taking a $9 million investment from the federal Troubled Asset Relief Program, even though some banks...

BUSINESS MARKETS NEWS

New York claims more proof of bank mortgage abuses

NEW YORK (Reuters) - New York Attorney General Eric Schneiderman said there is mounting evidence...

Wall Street posts first weekly loss since mid-April on Fed angst

NEW YORK (Reuters) - The S&P 500 declined for a third day on Friday, with the three major stock...

Bausch & Lomb's Ista pleads guilty over kickbacks

(Reuters) - Ista Pharmaceuticals Inc pleaded guilty on Friday to charges it used kickbacks and...

Monte Paschi might not be an isolated bank case in Italy: Chairman

BAGNAIA, Italy (Reuters) - The crisis that has hit Italy's third-largest lender Banca Monte dei...

Stimulus fears haunt share markets, dollar recovers

NEW YORK (Reuters) - Global equity markets slipped on Friday over worries the U.S. Federal Reserve...

Fed's Bullard wants inflation pickup before tapering QE

LONDON (Reuters) - A top Federal Reserve official said on Friday U.S. inflation would have to pick...

Market turbulence poses first serious test for Abenomics

TOKYO (Reuters) - This week's turbulence in Tokyo markets exposes a key risk of Prime Minister...

U.S. options clearer moves to end trade type dominated by Nasdaq

SAN FRANCISCO (Reuters) - The clearinghouse for all stock options said Thursday it will adopt a...

Analysis: Markets face rough summer ride as Fed pullback feared

NEW YORK (Reuters) - For the past few months, the Federal Reserve has been squarely in the financial...

Goldman unveils checks on conflicts in bid to fix image

SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of...

Proxy advisory firm settles SEC charges over data breach

WASHINGTON (Reuters) - Institutional Shareholder Services has settled civil charges by U.S....

Google faces new federal antitrust probe: source

WASHINGTON (Reuters) - U.S. regulators are in the early stages of an antitrust probe into whether...

NYSE says AEP, NextEra trades stand after crash at open

NEW YORK (Reuters) - All trades in American Electric Power Inc and NextEra Energy Inc in a crash...

SAC lawyers met prosecutors to argue against charges

NEW YORK (Reuters) - Steven A. Cohen's lawyers made their best case argument a month ago to...

ChannelAdvisor soars in debut

(Reuters) - ChannelAdvisor Corp shares soared more than 40 percent in their market debut on Thursday...