24 alleged 'Murdaland Mafia Piru' gang members indicted in Baltimore

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  • Belcamp-based Independent Can Co. buys Ball Corp.'s specialty tin division

    Belcamp-based Independent Can Co. buys Ball Corp.'s specialty tin division

    Independent Can Co., the Belcamp-based, family-owned specialty metal packaging and printing firm, said Monday it has agreed to acquire the Rosedale-based specialty tin division of Ball Corp. Ball Corp., based in Broomfield, Colo. said it plans to sell its tin-making plant off Pulaski Highway for...

  • Report finds racial wage gap widest in nearly 4 decades

    Report finds racial wage gap widest in nearly 4 decades

    As wages for American workers have stagnated for more than a generation, the income gap between black and white workers has widened, and discrimination is the main reason for the persisting disparity, according to a new report. The Economic Policy Institute also found that young black women are...

  • Wells Fargo CEO pummeled on Capitol Hill over multiyear scam

    Wells Fargo CEO pummeled on Capitol Hill over multiyear scam

    Wells Fargo's longtime chief executive John Stumpf endured more than two hours of pummeling Tuesday on Capitol Hill over a scheme in which bank employees created millions of sham accounts to meet aggressive sales goals. "I have often said that banking is based on trust and that trust was broken...

  • Asian shares mixed as Bank of Japan, Fed mull policy options

    Asian shares meandered Wednesday as markets awaited the outcomes of monetary policy meetings in the U.S. and Japan. Japan's benchmark fell after August trade data came in weaker than expected. KEEPING SCORE: Tokyo's Nikkei 225 fell 0.5 percent to 16,411.97 and the Hang Seng of Hong Kong fell 0.1...

  • Fed keeps key rate unchanged but hints of coming hike

    Fed keeps key rate unchanged but hints of coming hike

    The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year's end. The Fed said in a statement ending its latest policy meeting Wednesday that the U.S. job market has continued to strengthen and economic activity has picked up. But it...

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  • Starbucks to open shop with a training focus in East Baltimore

    Starbucks to open shop with a training focus in East Baltimore

    Starbucks will open a new coffee shop with a training focus near Johns Hopkins Hospital early next year, part of a larger move by the coffee giant to offer jobs and training to youths in poor communities around the United States. The Starbucks with an in-store classroom will open in the long-planned...

  • Textron confirms 45 layoffs in Baltimore County facility

    Textron confirms 45 layoffs in Baltimore County facility

    A Rhode Island firm that manufactures drones for the military is laying off about four percent of the workforce at its Baltimore County plant. Textron Systems notified 45 employees of the decision on Thursday, spokesman Matthew Colpitts wrote in an email. He attributed the move to a "change in the...

  • Israeli defense firm plans expansion of Howard County office

    Israeli defense firm plans expansion of Howard County office

    The U.S. affiliate of an Israeli defense company, wooed to Maryland in 2012, is moving to bigger offices next month and plans hire 50 more people in the next few years. The announcement of the ELTA North America expansion was made as part of the state's trade mission to Israel, where Gov. Larry...

  • Walmart will give $2 million worth of bonuses to Maryland workers

    Walmart will give $2 million worth of bonuses to Maryland workers

    Walmart will give $2 million worth of cash bonuses to its 11,000 hourly workers in Maryland, the retail giant said Wednesday. The bonuses, part of more than $200 million in quarterly bonus pay earned by more than 932,000 of its full- and part-time workers nationwide, were based on stores' performances...

  • Maryland added 700 jobs in August; unemployment rate holds steady at 4.3 percent

    Maryland added 700 jobs in August; unemployment rate holds steady at 4.3 percent

    Maryland job growth was lackluster in August, as employers added just 700 positions, a minimal gain that economists attributed to election uncertainty and summer payroll quirks. Despite the modest increase, the state's unemployment rate held steady at 4.3 percent, according to the figures, which...

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