Adam Rosenblatt, an attorney for Baltimore County, moonlights as owner of Baltimore Barbecue Company. He makes two kinds of sauces — one with a touch of Old Bay — and is selling the sauces in stores ranging from Whole Foods in Mount Washington to Graul's in Mays Chapel, as well as at the Towson Farmers Market.
Profits at T. Rowe Price Group Inc. increased 23 percent for the three-month period that ended last month, as a rising stock market pushed the amount of client money managed by the firm to a record high.
Some say the struggles of the Inner Harbor carousel — which received a more forgiving lease this month — speak to the limits of smaller projects and the need for a bigger scope when it comes to changing the dynamic of the south side of the waterfront.
Legg Mason plans to close a deal to restructure $650 million in debt this month, a move designed to lock in favorable interest rates for the long term while taking advantage of the market's sustained appetite for corporate bonds.
Silicon Valley's deals for two Columbia firms — the proposed Micros Systems acquisition last week and Sourcefire last year — strike local entrepreneurs as wins rather than losses. They want more California tech giants doing business here, more billion-dollar-plus acquisitions, more companies spinning off with the money from those deals.
At $341 per rentable square foot, the sale of the 8-story building to KBS Realty Advisors, sets a Baltimore record, said Bo Cashman, a senior vice president of the industrial properties group at CBRE, which represented Beatty Development in the transaction.
"We had peace of mind, because we felt we'd have the kind of income so we didn't have to change our lifestyle," Gary Bassford said. "That whole process has been our road map ever since. We still live by that budget."
Baltimore money manager T. Rowe Price said Thursday that net income rose nearly 26 percent in the first three months of the year, compared with a year earlier, as revenue from investment advisory fees grew by more than $120 million.
Ronald L. Bray, a retired printing company executive and former longtime Riderwood resident, died Feb. 21 of complications from Alzheimer disease at Wright's Health Care and Rehabilitation Center in Seminole, Fla. He was 81.
By By Frederick N. Rasmussen and The Baltimore Sun
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.
There's been a big jump in the number of parents who are giving their children allowances bigger than $10 or $20 a week, according to numbers crunched for Reuters by Baltimore-based money managers T. Rowe Price, which are derived from its annual Parents, Kids & Money surveys.
Pamela Audrey Hall, a former radio station program director who was active nationally in jazz and contemporary gospel music circles, died of cancer Jan. 21 at St. Agnes Hospital. She was 57 and lived in Ellicott City.
Curran W. "Cub" Harvey Jr., former president of T. Rowe Price Associates Inc. who later was a founder of New Enterprise Associates, a venture capital firm, died Sunday of pneumonia at Naples Community Hospital in Naples, Fla. He was 84.
By By Frederick N. Rasmussen and The Baltimore Sun
T. Rowe Price, an anchor institution in downtown Baltimore for decades, said Thursday it plans to remain in its Pratt Street headquarters through 2027, quelling fears that it would be lured to move to the county or the city's hot properties farther east.
With momentum building for higher hourly pay in Maryland, Rep. John K. Delaney, a co-sponsor of a federal minimum wage bill and a former CEO, urged Baltimore-area business leaders Thursday to have a voice in a measure he said is long overdue
At 5:30 in the morning most weekdays, about a dozen women — most of them Mount Washington moms — meet up at a fitness program in nearby Bare Hills, called the Believers Boot Camp, run by a drill sergeant type of a guy who calls himself Coach and has the light of God in his eyes.
T. Rowe Price reported Thursday a $270.3 million profit in the third quarter, up about 9 percent from the previous year, although the Baltimore-based money manager saw an outflow of investor dollars during the period.
The Greater Baltimore Committee's leadership program has trained more than 1,200 people in its 30 years, from Baltimore Mayor Stephanie Rawlings-Blake to T. Rowe Price Chairman Brian Rogers. As they mark the anniversary, supporters are ramping up scholarship efforts to make the program more affordable.
Students from two city schools and some adult volunteers gathered at the National Aquarium Tuesday to "plant" some oysters in the Inner Harbor - not for eating but to try to improve the health of the ailing water body.
The name of defunct Examiner newspaper will no longer adorn the building at 400 E. Pratt St. , visible throughout the Inner Harbor. R2integrated's name will go up on the Commerce Street side of the building.