| Aug 25, 2013
Lisa Scott of Sparrows Point has seen young relatives graduate from college and struggle to keep up with $100,000 in education debt.
"Their current jobs do not allow them to pay that debt" said Scott, area marketing director for Chick-fil-A in Maryland....
| Aug 28, 2013
| 3:10 PM
Timothy E. Parker, manager of T. Rowe Price's New Era Fund who had announced earlier this year he would be leaving, has decided to remain with the Baltimore-based money manager, the company said.
As previously announced, Parker still will step down as...
| Aug 30, 2013
| 2:00 AM
In the command center of the Grand Prix of Baltimore, Tim Mayer, the race's general manager, fielded a few phone calls, answering a couple of questions. But that was it.
Preparations for the Grand Prix were running several hours ahead of schedule the...
| Sep 3, 2013
| 3:37 PM
Baltimore ad agency Carton Donofrio Partners is closing after nearly 50 years, blaming industry changes and family matters affecting the majority owner.
Founded in 1964 as Richardson, Myers & Donofrio, the firm's clients over the years included a...
| Jun 20, 2013
| 2:39 PM
Olympia J. Snowe, the former Republican senator from Maine, has joined T. Rowe Price Group's board of directors, the Baltimore-based money manager announced Thursday.
Snowe served in the House of Representatives from 1979 to 1995, when she started...
| Jun 12, 2013
| 11:50 AM
You empty your pockets of change, keys and pens, walk slowly through a metal detector and raise your arms above your head for a top-to-bottom frisking.
A grim-looking security guard unlocks a metal door, then two more, closing each behind you with a...
| May 30, 2013
| 7:09 AM
T. Rowe Price said it was selling its bank to New York financier Jacob M. Safra for about $24 million in light of new banking regulations that would limit other aspects of the Baltimore-based money manager's business.
The bank was launched in 2000 as an...
| May 22, 2013
| 10:11 AM
T. Rowe Price plans to launch a new series of 11 target-date retirement funds later this summer, the Baltimore-based money manager said Wednesday.
Target date funds automatically become more conservative as investors age. Price began offering such funds...
| May 27, 2013
| 2:00 PM
Developer J. Joseph Clarke has come up with a half-dozen ideas over the past 20 years — a hotel, corporate headquarters, residences, office space — for a prominent downtown site three blocks from the Inner Harbor. But none took hold.
| May 28, 2013
Baltimore's two major mutual fund companies have joined a small but growing number of investment firms offering ultrashort-term bond funds, which may become an alternative to the traditional money market fund.
The T. Rowe Price Ultra Short-Term Bond...
| May 27, 2013
| 7:49 AM
T. Rowe Price has a reputation as a place where portfolio managers can spend their entire careers.
But over 12 weeks this year, three fund managers left the Baltimore-based investment company or announced plans to do so. Two left suddenly, with a star...
| Jan 29, 2013
| 3:30 PM
T. Rowe Price Group on Tuesday reported a $232 million profit for the fourth quarter, a 23 percent increase from a year earlier.
The Baltimore-based investment firm earned 88 cents a share for the quarter ended Dec. 31. That's up from 73 cents a share a...