| Aug 10, 2012
| 4:23 PM
Court records filed Friday show that the high bidder for the Sparrows Point steel mill is a Missouri redevelopment firm called Environmental Liability Transfer.
An official with the company, which bid $72 million, said in an interview Friday that...
| Dec 7, 2012
| 2:28 PM
It's the billion-dollar question for Maryland banks: Do they need at least that much in assets to survive?
"Who knows what the magic number is? A billion, $1.5 billion, $750 million?" said Ronald Paul, chairman of Eagle Bancorp, parent of the second-...
| May 7, 2012
| 6:45 AM
The relocation of the Rotunda Mall Giant gives a big boost to Green Spring Tower Square, a small, family-owned shopping center in the Hampden area.
Mark Manzo isn't stopping there. In email interviews conducted in the past two weeks, Manzo, a partner...
| May 4, 2012
| 2:54 PM
Exelon Corp. reported Friday a 70 percent drop in quarterly profit because of warmer-than-normal winter weather, lower power prices and costs related to its acquisition of Constellation Energy Group.
The Chicago-based company earned $200 million, or 28...
| Nov 2, 2012
| 7:45 PM
Rodney G. Stieff, former chairman of the board and CEO of Kirk-Stieff Co., which was the oldest silversmith firm in the country, died Tuesday of kidney cancer at the Blakehurst retirement community in Towson.
The former longtime Orchards resident was 87....
| Aug 22, 2012
| 2:49 PM
Acadia-MCB Holding Co. LLC, a joint venture between affiliates of Baltimore-based MCB Real Estate LLC and Acadia Realty Trust, announced Wednesday the acquisition of the 265,000-square-foot Arundel Plaza on Ritchie Highway in Glen Burnie.
| Jun 7, 2012
| 6:52 PM
Baltimore Gas and Electric Co. plans to ask Maryland regulators later this year to allow it to raise rates for the distribution of electricity and natural gas, Chicago-based Exelon Corp., the utility's new owner, said Thursday.
Exelon executives told...
| Jun 15, 2012
| 4:43 PM
The state outlined Friday how it proposes to spend the $113.5 million that Exelon Corp. agreed to put in a "customer investment fund" as part of its merger with Baltimore Gas and Electric Co.'s parent.
The biggest piece — $44 million —...
| Jan 18, 2013
| 4:18 PM
Bankrupt RG Steel's unsecured creditors are seeking permission to sue Ira Rennert — the billionaire who created the company to buy Sparrows Point — for allegedly worsening the steel mill owner's financial situation in order to improve his own....
| Apr 12, 2013
| 2:49 PM
In the year since Exelon Corp. acquired Baltimore's Constellation Energy Group, the company has donated more than $300,000 to first-responders in the region. It is handing out thousands of free trees to Baltimore Gas and Electric Co. customers. It is...
| Mar 15, 2013
| 5:31 PM
Mayo A. Shattuck III, who coordinated the sale of two Baltimore institutions to out-of-state concerns and ran the region's power company for a volatile decade, has retired from the parent of Baltimore Gas and Electric Co.
Chicago-based Exelon Corp. didn'...
| Oct 10, 2010
Constellation Energy Group walked away this weekend from federal financing negotiations for a proposed third nuclear reactor at Calvert Cliffs in a move that casts the project into doubt and threatens to erase thousands of jobs to build and operate the...