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Verizon rakes in wireless fees in 1Q
Shares of Verizon Communications Inc. hit a 12-year high Thursday after it posted another quarterly report that showed its wireless revenue rising at a rate that's the envy of the industry.
Small biz to get long-awaited slice of slots pie
Nearly $8 million of Maryland slots money is expected to start flowing to small, women- and minority-owned businesses in May, more than two and a half years after the first casino opened.
Atlantic City seeks to recapture market share as Md. opens table games
The ads have been all over local television and radio: It’s Vegas in your backyard, they say, trying to create excitement for the missing link of Maryland’s fast-growing casino industry: live-action table games.
Cold March keeps shoppers’ spending tepid
NEW YORK — So much for new spring shorts and T-shirts. As cold weather lingered across most of the country, Americans shopped modestly in March. U.S. retailers reported a key […]
2013 legislative session seen as business-friendly
Fresh off what top elected officials have called the most productive General Assembly session in memory, Gov. Martin O’Malley and the legislature’s presiding officers met Tuesday to celebrate the passage of numerous bills they say will spur economic development in Maryland.
Newspaper revenue fell 2 pct to $38.6B in 2012
ARLINGTON, Va. — The newspaper industry’s revenue declined at its slowest pace in six years, as publishers turned to new businesses and raised more money from online subscriptions. The industry’s […]
Table games help push Md. casino revenue to record $58M in March
Buoyed by the first month of table game play at Hollywood Casino Perryville and a record month at Maryland Live Casino at Arundel Mills mall, the state’s three commercial casinos combined to generate a record $58 million last month.
Some gas tax revenue could fund waterway protection
Senate Bill 90 started as a proposal to cap Maryland’s excise tax on boats at $10,000 a year, an act that proponents said would encourage more owners to register their vessels in the state.
Neuralstem narrows loss in past year
Neuralstem Inc., of Rockville, which is developing products to treat central nervous system disorders with patented stem cell technology, cut its net loss in 2012 to $10.1 million, or 17 cents per share, less than the loss of $12.5 million, or 26 cents per share, that the biotherapeutic company reported for the full year of 2011.
Hilton deal costing taxpayers $2 million in 2013
The city’s top fiscal manager said Thursday that debt restructuring could be part of a new economic strategy for the city-owned Hilton Baltimore as hotel revenues continue to underperform.
PharmAthene reports increased loss
PharmAthene Inc., of Annapolis, which is developing medical countermeasures to chemical and biological warfare agents, saw its net loss grow despite an increase in revenue during the 12-month period of […]
Legg Mason sees rise in Feb. managed assets
Legg Mason Inc. reported assets under management in February 2013 totaled $661 billion, a 3.6 percent increase over the $638 billion that the company reported in February 2012.
