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Marriott’s chief operations officer to retire
BETHESDA — Marriott International Inc. said Tuesday that Robert McCarthy, chief operations officer of the hotel company, will retire early next year. McCarthy, 60, has worked for Marriott for 38 […]
Apple’s sales of new iPhones off to fast start
SAN FRANCISCO — Gadget lovers still can’t resist the iPhone’s seductive call, even amid a bevy of enticing lower-priced alternatives that offer similar features. In a Monday announcement, Apple Inc. […]
Fairfax to buy BlackBerry for $4.7B
TORONTO — BlackBerry has agreed to sell itself for $4.7 billion to a group led by largest shareholder, Fairfax Financial Holdings Ltd. BlackBerry said Monday that a letter of intent […]
EPA regulations could devastate Maryland mining
WASHINGTON — The Environmental Protection Agency’s restrictions on new coal and natural gas power plants meant to reduce carbon emissions that contribute to climate change would be a disaster for […]
Moody’s: Established gambling markets faltering
LAS VEGAS — Established gambling towns like Las Vegas and Atlantic City are hurting as more states start welcoming bettors’ dollars, Moody’s Investors Service warned last week. The credit rating […]
BlackBerry previews big loss, to cut 4,500 workers
TORONTO — BlackBerry said Friday that it will lay off 4,500 employees, or 40 percent of its global workforce, as it reports a nearly $1 billion second-quarter loss a week […]
Cel-Sci announces reverse stock split
Cel-Sci Corp., of Vienna, Va., and Elkridge, a biotechnology company that is developing new immune system-based treatments for cancer and infectious diseases, announced Friday it is implementing a 1-for-10 reverse stock split, effective on Wednesday.
Millennial gets FTC OK on Jumptap deal
Millennial Media Inc., of Baltimore, a developer of mobile advertising, said Friday that it received clearance from the Federal Trade Commission to proceed with its proposed acquisition of Boston-based Jumptap Inc., after passing the required waiting period under the federal Hart-Scott-Rodino antitrust law.
Revamps for Olive Garden, Red Lobster fall flat
NEW YORK — Darden can’t seem to convince more people to sit down for a meal at its Olive Garden and Red Lobster restaurants. The company reported a sharply lower […]
Amphitheater construction underway in Delmar
DELMAR — Construction on a 7,000-seat outdoor concert venue is underway in Delmar. Officials held a groundbreaking ceremony for The Amphitheater at Heron Ponds on Thursday. The owner of the […]
Focus Section – Banking
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Under Armour, Corrigan ink agreement
Corrigan Sports Enterprises Inc., of Baltimore, the producer of the annual Baltimore Marathon and Running Festival, said it has signed a multi-year deal with Under Armour Inc. for the Baltimore-based company to serve as the event’s official performance apparel and footwear supplier.
