Ports and rail

  • Small business lending in Baltimore plunged over a decade

    Small business lending in Baltimore plunged over a decade

    Small business lending in Baltimore plummeted over a decade, while at the same time banks nearly doubled the deposits they took in from the city, a Johns Hopkins University study found. In 2007, banks and other lenders doled out $457 million in loans to Baltimore small businesses. Amid the recession,...

  • Tenable shares spike as the Columbia cybersecurity firm goes public

    Tenable shares spike as the Columbia cybersecurity firm goes public

    Tenable’s newly public stock soared more than 30 percent above the offering price Thursday as shares in the Columbia-based cybersecurity company began trading. The company launched its initial public offering Thursday morning, offering 10.9 million shares for $23 each when the market opened. But...

  • Legg Mason earnings rise 30 percent amid drop in assets managed

    Legg Mason earnings rise 30 percent amid drop in assets managed

    Legg Mason reported Wednesday that its earnings surged 30 percent in its most recent quarter even as its assets under management dropped. The money management firm based in Baltimore said it earned $66.1 million in the three months ended June 30, the first quarter of its fiscal year, up from $50.9...

  • T. Rowe Price Group profit climbs 20 percent, reflecting lower tax rate

    T. Rowe Price Group profit climbs 20 percent, reflecting lower tax rate

    T. Rowe Price Group's second-quarter profit climbed 20 percent as the effect of the cut in the federal corporate tax rate continued to boost its bottom line. The Baltimore based money management firm reported Wednesday that it earned $448.9 million in the three months ended June 30, up from $373.9...

  • Legg Mason reaches settlement with Justice Department in Libyan bribery probe

    Legg Mason reaches settlement with Justice Department in Libyan bribery probe

    Legg Mason said Monday it has settled a U.S. probe of an affiliate that managed investments for the Libyan government during the rule of Muammar el-Qaddafi. The head of the Baltimore-based money management firm announced the settlement with the U.S. Department of Justice in a letter to shareholders....

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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