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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

Dollar firms as suspense builds, Asia shares dip

SINGAPORE (Reuters) - "Will he or won't he?" is the question investors want answered at Wednesday'...

Goldman exits China's ICBC, seven years and billions later

HONG KONG (Reuters) - Goldman Sachs Group Inc raised $1.1 billion by selling its remaining shares in...

JPMorgan investors on edge over vote on Dimon; what if they win?

TAMPA, Florida (Reuters) - As final ballots come in on a proposal to strip JPMorgan Chase & Co...

Tesla Motors may repay U.S. loan by Wednesday: CEO

(Reuters) - Tesla Motors Inc may repay its U.S. Department of Energy loan as early as Wednesday,...

JPMorgan, under pressure, gives up vote information

(Reuters) - JPMorgan Chase & Co , under pressure from New York officials, gave shareholders...

Trade group SIFMA names ex-Senator Gregg as CEO

NEW YORK (Reuters) - SIFMA, the securities industry's largest trade group, named former Senator Judd...

Wall Street ends flat on correction worries

NEW YORK (Reuters) - Stocks ended little changed on Monday, with indexes hovering near record levels...

Actavis to buy Warner Chilcott in $5 billion stock deal

(Reuters) - Generic drugmaker Actavis Inc, itself a recent takeover target, said on Monday it...

Blackstone, Pactera insiders make $680 million offer

(Reuters) - Pactera Technology International Ltd said on Monday that Blackstone Group LP , together...

Ex-Goldman banker Thornton steps down from HSBC board

LONDON (Reuters) - John Thornton, the former Goldman Sachs president who specializes in Chinese...

Former GOP Senator Judd Gregg named CEO of lobbying group SIFMA

NEW YORK (Reuters) - The Securities Industry and Financial Markets Association named former...

Gulf wealth funds raising private equity investments: study

DUBAI (Reuters) - Sovereign wealth funds in the Gulf Arab region are raising their allocations to...

SAC Capital's Cohen gets subpoena to testify: NY Times

(Reuters) - Steven A. Cohen has received a subpoena to testify before a grand jury in a U.S....

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-...