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Slower holiday sales growth predicted for 2013
Coming off of a weak back-to-school shopping period, a research firm expects holiday sales growth will be slower this year during the crucial holiday season. Shoppers are also expected to […]
Survey: Sluggish global economic recovery ahead
WASHINGTON — A robust recovery for the global economy remains well out of reach. That’s the view that emerges from a survey of economists just as the Federal Reserve is […]
Microsoft board boosts dividend by 22 pct
REDMOND, Wash. — Microsoft said Tuesday that its board approved a 22 percent increase in the company’s quarterly dividend to 28 cents along with a new $40 billion stock buyback […]
Tech Council of Maryland names Schiff as new CEO
The Tech Council of Maryland, Maryland’s largest trade association for bioscience and technology companies, announced that Philip Schiff, formerly chief strategy officer of the American Association of Blood Banks, has been named as its CEO.
22 firms paying $14.4M to settle SEC charges
WASHINGTON — Twenty-two investment firms are paying a total of $14.4 million to settle federal charges of improperly short-selling certain stocks and buying them soon after in public offerings. The […]
Safeway adopts poison pill after big stock buys
NEW YORK — Safeway adopted a plan to prevent a hostile takeover after learning of a significant accumulation of its stock by an unknown investor. The announcement Tuesday sent shares […]
Consumer prices rise just 0.1 pct. in August
WASHINGTON — U.S consumer prices barely rose last month, the latest sign that slow economic growth is keeping inflation tame. The consumer price index increased just 0.1 percent in August, […]
Wage bill affecting Wal-Mart dies in D.C.
WASHINGTON — An effort to require Wal-Mart and other large retailers to pay their employees a “living wage” of at least $12.50 an hour met its end Tuesday when the […]
Factory output up 0.7 pct. led by strong autos
WASHINGTON — U.S. factories increased output in August by the most in eight months, helped by a robust month at auto plants. The gains are a hopeful sign that manufacturing […]
Emergent BioSolutions plans to open new facility in Mich.
LANSING, Mich. — Emergent BioSolutions Inc. is planning to open a new Michigan facility to expand production of its BioThrax anthrax vaccine to protect U.S military personnel against a leading […]
‘Blair Witch’ director negotiating for Frederick site
FREDERICK — The director behind “The Blair Witch Project” says he is still negotiating with the owners of a vacant Maryland shopping mall to be the setting of his next […]
Real Estate Weekly – 9/13/13
Mullan completes renovation of Jesuit middle school Mullan Contracting Co., of Lutherville, has completed construction and renovation work at Saint Ignatius Loyola Academy, an independent Jesuit middle school for boys […]
