As world economies knit ever closer together, the debt woes and economic slowdown in Europe are sending ripples across the Atlantic — giving pause to Maryland companies anxious about recessionary contagion and offering business opportunities to others.
Financial investment for clients isn't the only kind of investment being done at T. Rowe Price, which employs more than 3,600 associates at its downtown Baltimore headquarters and at a facility in Owings Mills.
The Census Bureau reported last week that the number of "doubled-up households" — those that have an extra adult who is not a student or partner — rose to 21.8 million from spring 2007 to 2011. More than half of this doubling up came from so-called "boomerang" children moving back home..
The race, which is scheduled to have cars practicing on the track at 8 a.m. Friday, has forced downtown businesses, schools and residents to adjust their routines in order to cope with the closed roads and walkways, public transit changes and increased traffic near the track.
T. Rowe Price Group, the Baltimore-based mutual fund and investment advisory company, reported net income of $204.7 million for the second quarter, a 29 percent increase over the corresponding quarter a year ago.
First Dylon Cormier helped persuade R.J. Williams, a speedy 5-foot-8 St. Frances guard, to join him at Loyola. Then that duo convinced big man Jordan Latham — a former standout at City who was looking to transfer from Xavier — to return home.
The announcement this week that Chicago-based Exelon Corp. has struck a deal to take over Constellation came as something of a psychic blow. If the $7.9 billion deal is approved, and the parent of local utility BGE is absorbed , then Baltimore will lose its sole remaining Fortune 500 headquarters.