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Visa, Mastercard reach $38B swipe fee settlement, draw opposition
Visa and Mastercard proposed an antitrust settlement to lower swipe fees after a judge rejected a deal; retail groups say it’s inadequate.
Banks and retailers run short on pennies as US Mint stops making them
A nationwide penny shortage sparked by Trump’s production halt is forcing retailers to round down, ration coins and plead for exact change.
Under Armour announces CFO change, reports sales and profit forecasts below estimates
Under Armour forecast full-year revenue and profit below Wall Street estimates as it faces declining demand and higher tariff-related costs.
Layoffs are piling up, raising worker anxiety; many companies cutting jobs
Amid wider economic uncertainty, it’s a tough time for the job market. Here are some companies that have moved to cut jobs recently.
Annapolis Town Center sold for $187M
North Bethesda's Federal Realty Investment REIT has acquired the Annapolis Town Center for $187 million, CBRE announced.
MD furniture retailer closing after 78 years
Salisbury-based Outten Brothers Home, which is going out of business after 78 years, began a liquidation sale on Oct. 2.
How a family-owned costume shop is keeping tariffs from making Halloween a nightmare
Chicago Costume taps vintage and unsold inventory as tariffs on Chinese imports hike Halloween costume prices for kids and adults.
Baltimore-based MCB Real Estate acquires Texas property in joint venture
MCB Real Estate partnered with Epic Real Estate Partners and Centerbridge Partners, L.P. to acquire a Texas shopping center.
Redevelopment underway at Baltimore County’s Yorktowne Plaza
Klein Enterprises announced the transformation of Yorktowne Plaza, a shopping center in Baltimore County's Cockeysville community.
Tariffs aren’t keeping Walmart from attracting shoppers
Walmart Inc. survived an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results.
Target CEO to step down amid company struggles
Minneapolis-based Target said CEO Brian Cornell, who has led the company for 11 years, would step down on Feb. 1.
Amazon expands perishable delivery service, putting pressure on traditional grocers
Amazon is rolling out a service where its Prime members can order their groceries at the same time as their batteries and other basic items.
