Maryland companies raised $64 million in venture capital funding this spring, with the biggest payouts in the Baltimore area flowing to cybersecurity startups. More companies snagged funding, but the grand tally dropped sharply.
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.
Kroger Co.'s planned acquisition of Harris Teeter Supermarkets Inc. will allow it to capitalize on Harris Teeter's growing brand presence in the Baltimore-Washington market, but consumers will likely see few, if any changes in Harris Teeter stores.
Jos. A. Bank Clothiers Inc.'s quarterly results beat market estimates but the men's apparel and accessories retailer warned of a slow start to its holiday quarter, with comparable sales slipping in November.
TV station owner Sinclair Broadcast Group Inc sees fourth-quarter core broadcast revenue growing on higher ad spend from Japanese auto makers and rising political ad spending, and said it bought eight television stations for $385 million.
For taxpayers who are also procrastinators, this is your year. Not only is the IRS asking those with more complex returns to hold off filing until mid-February, but the usual tax deadline has been extended three days to April 18 because of a holiday in Washington.