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Lower costs help Lowe’s 3Q profit rise by 19 percent
Lowe’s Cos.’ said Monday shoppers are spending on smaller painting and gardening projects but still avoiding major renovations because of worries about the economy. But the home-improvement retailer said it […]
Proposal for temporary slots at Arundel Mills planned for December
ANNAPOLIS — The state could review as early as next month a proposal to open a temporary casino next to the Arundel Mills shopping mall following a ballot referendum campaign […]
Maryland deficit about $1.6 billion
ANNAPOLIS — Maryland budget analysts say the state’s deficit is about $1.6 billion. Members of the state’s nonpartisan Department of Legislative Services gave lawmakers a briefing on the state’s budget […]
New Grand Cherokee boosts Chrysler sales
DETROIT — The new Jeep Grand Cherokee has driven Chrysler to within sight of profitability and lifted the automaker’s share of the U.S. market. Chrysler said Monday it cut its […]
Heavy discounts fuel only modest retail gains
NEW YORK — Americans took a pause in shopping in October, leaving retailers with their weakest peformance since April as unsually warm weather depressed their appetite for cold weather items. […]
O’Malley to propose budget with more cuts, no new taxes
ANNAPOLIS — Looking ahead to his second term, Gov. Martin O’Malley said Wednesday his first budget proposal will reflect another challenging year with more cuts, but that no new tax […]
Daily Record parent reports increased 3Q earnings, raises guidance
The Dolan Company boosted its revenue guidance for the year and reported $9 million in profit for the third quarter, largely due to strong performance from its subsidiaries that provide […]
Perryville slots casino takes in $2 million in first four days
Maryland’s first slots parlor got off to a fast and lucrative start, generating more than $2 million in revenue in its first four days of operation, according to figures released […]
New York Times Co. reports 3Q loss
NEW YORK — The New York Times Co. reported a small loss for the third quarter on Tuesday, hurt by one-time expenses and another drop in print advertising revenue. The […]
Host Hotels & Resorts 3rd-quarter FFO improves
BETHESDA — Host Hotels & Resorts Inc.’s third-quarter funds from operations improved as its room and food and beverage revenue increased. The lodging real estate investment trust said Wednesday that […]
Budget analysts see 2010 deficit at $1.3 trillion
WASHINGTON — Congress’ budget analysts are estimating that this year’s federal deficit will exceed $1.3 trillion, slightly below last year’s total but still a huge ocean of red ink. The […]
