| Oct 16, 2008
Constellation Energy Group's largest shareholder, whose higher offer to acquire the Baltimore company was rebuffed for a proposed $4.7 billion deal with Warren Buffett, said yesterday that it will not submit another bid for the firm.
| Oct 30, 2008
Maryland's top energy regulator vowed a thorough review of the sale of Constellation Energy Group as state lawmakers grilled the company's executives about its management and the terms of a deal it struck to avoid a possible bankruptcy.
| Aug 3, 2008
Michael Phelps was 15 years old the day he returned home to Rodgers Forge from his first Olympic Games in 2000. He had finished 5th in the 200-meter butterfly in Sydney, Australia, even though he was mostly ears and arms at that point, and it seemed as...
| Mar 19, 2009
Constellation Energy Group, which narrowly avoided bankruptcy last year, negotiated a deal with France's largest utility ensuring senior managers would receive up to $32 million in long-term performance and retention incentives during the next two years....
| Sep 15, 2009
Nearly a year ago, Constellation Energy Group was fighting for its very existence as a credit crisis during the financial sector meltdown pushed the company to the verge of bankruptcy.
On Monday, the Baltimore company faced a different fight: trying to...
| Jul 28, 2014
| 5:46 PM
Arman Molla was diagnosed with bone cancer nearly two years ago when he was just 15.
In the hospital he had a lot of time to think.
Too much time, he says.
He started to let himself wonder if he would ever be able to sky-dive. Or even if he would...
| Jul 25, 2014
James Surowiecki wrote recently in The New Yorker of Stephen Schwarzman, chairman and CEO of the private-equity firm Blackstone Group. Schwarzman is worth more than $10 billion. But he's convinced that he is being persecuted. Some have called for the...
| Jul 22, 2014
| 1:37 PM
A federal appeals court on Tuesday ordered The Travelers Cos. to pay more than $500 million to satisfy asbestos-related claims stemming from the insurer's coverage of insulation maker Johns-Manville Corp, a policyholder that spent six years in...
| Jul 15, 2014
| 10:23 AM
Bill Gates has performed quite a few feats of business magic in his day. Now he's performed a literary resurrection: He's lifted up one of his favorite books from that purgatory called "out of print."
John Brooks published "Business Adventures: Twelve...
| Jul 15, 2014
| 1:26 PM
(Reuters) - Warren Buffett this week donated $2.8 billion of Berkshire Hathaway Inc stock to five charities, as part of the billionaire's plan to give away nearly all of his wealth.
Buffett donated about 21.73 million Class "B" shares of Berkshire on...
| Jul 15, 2014
| 2:05 PM
A trio of billionaires — Sheldon Adelson, Warren Buffett and Bill Gates — say they want to "End the Immigration Impasse," to quote the headline of their recent New York Times op-ed.
The article will do nothing to end that impasse, however,...
| Jul 16, 2014
| 6:30 AM
Signaling confidence in Allentown's ongoing renaissance, the Pennsylvania Municipal League plans to hold its annual convention in Allentown next year for the first time in 25 years... Controversy is brewing over the sale of the company led by Air...