Money

  • Edtech startup Workbench raises $1.7 million

    Edtech startup Workbench raises $1.7 million

    Workbench, a Baltimore education technology startup, has raised $1.7 million to expand sales and marketing outreach for its hands-on learning tools. The investment is part of a $2 million funding round led by Brown Advisory that the company expects to close soon. The new money will bring Workbench’s...

  • Report: Baltimore needs more robust financing system for small businesses

    Report: Baltimore needs more robust financing system for small businesses

    Baltimore needs a more robust financing system to help small businesses grow and to attract new companies. That’s the conclusion of a new report by the Johns Hopkins University’s 21st Century Cities Initiative, which evaluated access to venture capital funding and loans for startup companies and...

  • Judge upholds penalties against Towson 'Money Guys' firm

    Judge upholds penalties against Towson 'Money Guys' firm

    A Baltimore Circuit Court judge has upheld penalties the state attorney general’s office levied against the Towson firm behind the “Money Guys” commercials for fraudulently misrepresenting the risks of their investment strategy. In March, the securities division of Attorney General Brian E. Frosh’s...

  • T. Rowe Price names Céline Dufétel as next CFO

    T. Rowe Price names Céline Dufétel as next CFO

    T. Rowe Price Group on Tuesday named Céline Dufétel vice president and said she will serve as the firm’s next chief financial officer. The company announced in January that current CFO Kenneth V. Moreland planned to retire this year after more than a decade with the Baltimore-based money manager....

  • Sinclair Broadcast reports second-quarter drop in profits in 'defining year'

    Sinclair Broadcast reports second-quarter drop in profits in 'defining year'

    Sinclair Broadcast Group Inc. reported a decrease in profit for the second quarter but met Wall Street’s expectations during what the company called “a defining year” for the Hunt Valley-based TV station owner. Net income decreased to $44.6 million, or 43 cents per share, for the three months that...

How to buy investment property

There are a lot of pluses to owning rental real estate: diversifying from the usual investments of stocks and bonds; offering an alternative stream of income; and creating a potentially scalable business. But there are challenges, too — it requires capital, a time commitment and dealing with tenants....

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