Mid-Atlantic residents had the most credit card complaints per capita, with Maryland ranked overall in the U.S. as the state with the third highest number of complaints, according to a study released Wednesday.
John C. Rusnak, the former Allfirst Financial Inc. currency trader convicted of one of the biggest bank frauds in history, knows about second chances. He hired the applicant, Noah Shefrin, who stayed clean and has since moved up to become the general manager of the Glen Burnie ZIPS. So began Rusnak's mission of hiring others who've made mistakes.
U.S. bankruptcy judge Robert Gordon Tuesday denied a bid for more time sought by Westport developer Patrick Turner, who has been trying for a decade to turn an empty piece of Baltimore's western waterfront into a high-end, mixed use community.
A U.S. bankruptcy court is scheduled to decide Tuesday whether to grant more time to developer Patrick Turner, who has tried for 10 years to transform a piece of the Westport waterfront from grassy marsh to a bustling downtown neighborhood.
According to Laurel police, there have been a total of 11 reported bank robberies and attempted robberies in the city since January 2011. Anne Arundel County police have reported an additional three bank robberies have occurred in the Laurel-area of that county.
Maryland has allowed many of the very largest multi-state, multi-national corporations operating here to use a tax avoidance scheme resulting in the loss of hundreds of millions of dollars in state corporate taxes and, sadly, placing Maryland-only businesses at a distinct competitive disadvantage.
Maryland will receive about $86 million for principal reduction, the sixth-highest amount, or 4.3 percent of the relief available, according to Maryland Attorney General Douglas Gansler. There are also 2,461 loans eligible for cash payments, with disbursements expected to be more than $1,000 each.
About 900 McCormick & Co. investors packed into a Hunt Valley ballroom Wednesday to hear about the company's performance, applaud its stock price gains and see how it is marketing its spices, recipe mixes and other goods worldwide.
Legg Mason Inc. might eliminate some of its less popular funds, while at the same time try to fill gaps in its investment offerings, the chief financial officer of the Baltimore-based money manager said Tuesday.
The developers of the stalled Westport Waterfront filed a $225 million suit in bankruptcy court Wednesday alleging that out-of-state financiers posed as potential investors in the project and then conspired with others to upend development plans.
Ten months after the national mortgage settlement was hailed as a major step in reforming a broken system, some homeowners are getting aid — but some housing advocates say the overall results are not what they'd hoped.
The news that Patrick Turner's Westport Waterfront development is facing foreclosure has been taken in stride by Westport residents and city officials, who are not pegging all their expectations for the South Baltimore community on the long-stalled Turner project.
Nearly 3,000 Maryland homeowners received almost $225 million in relief between the beginning of March until the end of June from the national settlement with five mortgage servicers, the state's attorney general announced Wednesday.