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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...

Charges weighed in diver deaths at APG

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

Five Md. air traffic towers will remain open

Five air traffic control towers in Maryland that are part of 149 "low activity" towers nationwide...

MORE HEADLINES

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...

CFPB coming to Baltimore to talk mortgage policy

The Consumer Financial Protection Bureau will hold a hearing in Baltimore on Thursday, Jan. 10, to talk about mortgage policy. This will...

BUSINESS MARKETS NEWS

Analysis: High speed trading a stiff challenge for U.S. regulators

CHICAGO (Reuters) - Financial trading in world markets has grown so lightning-fast that effective...

Greece to sell Postbank, Proton in July, stress-test big banks

ATHENS (Reuters) - Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-...

NYSE cancels irregular trades in Anadarko stock: Bloomberg

(Reuters) - The New York Stock Exchange canceled trades in Anadarko Petroleum Corp after a blip...

Investor group calls on SEC to review change in JPMorgan voting

NEW YORK (Reuters) - Pension and endowment managers on Friday called on U.S. regulators to review...

Oil price probe widens, senator wants Justice Department help

LONDON/WASHINGTON (Reuters) - A European probe into possible oil price manipulation expanded with...

SAC Capital won't fully cooperate with government: letter

NEW YORK (Reuters) - Steven A. Cohen's hedge fund SAC Capital Advisors told investors on Friday it...

Dow, S&P end at records, stocks mark fourth week of gains

NEW YORK (Reuters) - Stocks continued their climb into uncharted territory on Friday, racking up the...

Exclusive: Onex fails to find buyer for Carestream Health

NEW YORK (Reuters) - Onex Corp has called off its auction of medical imaging firm Carestream Health...

Judge revives Dexia's mortgage lawsuit vs. JPMorgan

(Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of...

Judge blocks $13 million arbitration against SunTrust

NEW YORK (Reuters) - SunTrust Banks Inc won a court order on Friday preventing a Connecticut-...

Ex-financial adviser gets probation for municipal bid-rigging

NEW YORK (Reuters) - A former chief executive of a financial firm who pleaded guilty to charges...

Tableau Software shares close up 64 percent in market debut

(Reuters) - Shares of Tableau Software Inc rose as much as 68 percent in their trading debut as...

U.S. authorities seize accounts of major Bitcoin operator

ST. LOUIS, May 17 (Thomson Reuters Accelus) - U.S. authorities have seized two accounts linked to...

Bankers see M&A recovery after deals drop 7 percent so far in 2013

LONDON (Reuters) - A drop in European takeovers has depressed global merger and acquisitions (M&A)...

Dollar soars, stocks set new highs on Fed stimulus exit talk

NEW YORK (Reuters) - The U.S. dollar soared against major currencies on Friday on growing...