FirstRex helps homebuyers by matching down payments in exchange for a stake in the property. With families facing rising home prices, sluggish wage growth and tighter credit requirements, FirstRex executives say their program offers a way to bridge the gap.
Paul Taylor completed a master's program at Bryant University, then started full-time at PricewaterhouseCoopers in Baltimore in June. To his surprise, he found the job came with an unexpected but much-needed perk -- student loan assistance as a benefit.
During this year's legislative session, the Maryland General Assembly passed a bill to increase oversight of Maryland's for-profit colleges. The bill also established a guaranty fund meant to reimburse Marylanders who were attending colleges that closed. But because it didn't go into effect until Oct. 1, its protections may be too late to protect Maryland students who attended the now-defunct ITT Technical Institute, which closed in early September.
When Baltimore-based Laureate Education decided to go public last fall, the for-profit university system had just finished a rapid expansion and was preparing to reap the benefits of its newfound global reach. A year later, the company still hasn't listed its stock on the market and has become ensnared in the divisive presidential contest between Hillary Clinton and Donald Trump..
Most investors likely assume their advisers consider their clients' best interests to guide their investments, but that hasn't been required under federal rules for financial professionals. That's about to change. A new rule, unveiled last week by the U.S. Department of Labor after months of revisions, will hold advisers to a stricter standard for retirement advice, minimizing potential conflicts of interests that have led savers into sometimes expensive or complicated investments.
Osiris Therapeutics Inc., the troubled Columbia-based biotechnology firm that saw its CEO resign last month, said Tuesday it has been notified of a failure to comply with rules for listing on the Nasdaq Stock Market.
Kevin A. Plank, Under Armour's founder, chairman and CEO, earned $2.43 million last year, about $1 million less than in 2014, the company said in a filing Friday with the U.S. Securities and Exchange Commission.
The U.S. Securities and Exchange Commission on Monday charged Rhode Island's economic development agency and Wells Fargo with defrauding investors in the state's disastrous $75 million deal with the video game company 38 Studios, an earlier owner of Timonium's Big Huge Games.
Gov. Larry Hogan is proposing $20 million in funding for defense and aerospace giant Northrop Grumman, designed to retain the company's newly created Mission Systems divisional headquarters in Linthicum and 10,000 jobs in Maryland.
After a nearly yearlong dispute with the contractor helping upgrade the state's Medicaid computer system, Maryland officials have cut ties with company and plan to hire outside counsel to review if the state is due any refunds
The Pentagon's glitch-prone, $2.7-billion system of radar-equipped blimps — designed to safeguard the nation's capital against cruise missiles and other airborne threats — has long been a source of frustration to military leaders. A month ago, it became a punch line.
Kevin Plank, the founder and CEO of Under Armour, has sold more than $57 million of the company's stock under a pre-arranged trading plan, according to a Thursday filing with the U.S. Securities and Exchange Commission.
After selling itself to Verizon and buying Millennial Media, AOL has new opportunities to connect advertisers with people watching news and entertainment on their computers, smartphones and even cable TV.
Under Armour CEO and Chairman Kevin A. Plank plans to sell shares of company stock, including shares of a new class of stock, under a pre-arranged trading plan, according to a Tuesday filing with the U.S. Securities and Exchange Commission.
Millennial Media CEO Michael Barrett is among 18 workers being let go once AOL's acquisition of the Baltimore mobile advertising company closes, and he will walk away with a $2.2 million "golden parachute."
When Baltimore-based Laureate Education filed for an initial public offering last week, it disclosed $4.7 billion in debt that has been cutting into the company's bottom line, with hundreds of millions in losses over the last several years.
WASHINGTON -- Democratic presidential candidate Martin O'Malley said Thursday he would require companies to disclose their political donations and would advocate for other changes to the campaign finance system as his rivals for the nomination reported raising huge sums over the past three months.
Giant high-tech blimps deployed east of Baltimore were developed to provide an early warning if the nation were ever attacked with cruise missiles, drones or other low-flying weapons. But after 17 years of research and $2.7 billion spent by the Pentagon, the system known as JLENS doesn't work as envisioned.
Cerecor, a Baltimore pharmaceutical company planning an initial public stock offering, has launched a new study of an antidepressant it says can help patients who aren't responding to standard treatments.
Two buildings in Northern Virginia owned by Columbia developer Corporate Office Properties Trust have been turned over to the lender to satisfy a mortgage loan that was in default, the company said Tuesday.
Under Armour Inc. has agreed not to proceed with a planned two-for-one stock split that would create a new class of stock without voting rights until 10 business days after a judgment is entered in a class-action lawsuit filed earlier this summer.