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  • NEW YORK— President Barack Obama is helping to launch a foundation that will assist minority young men by improving education, training and job placement. The effort comes a week after unrest erupted in Baltimore following the death of Freddie Gray while in police custody. The new organization, My Brother's Keeper Alliance, is an outgrowth of a year-old Obama...

  • LAS VEGAS— MGM Resorts International is still counting the money it earned from hosting Saturday's Floyd Mayweather-Manny Pacquiao fight, so CEO Jim Murren says he will save any "fun facts" for the company's second quarter results. MGM Resorts posted a profit of $169.9 million, or 33 cents a share, in the quarter that ended March 31. It bottom line was boosted in part...

  • BroadSoft reports 1Q loss Monday, 4 May 2015 | 7:48 AM ET

    GAITHERSBURG, Md. _ BroadSoft Inc. on Monday reported a loss of $2 million in its first quarter. Five analysts surveyed by Zacks expected $54 million. For the current quarter ending in June, BroadSoft expects its per-share earnings to range from 24 cents to 36 cents.

  • Shenandoah Telecom tops 1Q revenue forecasts Monday, 4 May 2015 | 7:09 AM ET

    EDINBURG, Va. _ Shenandoah Telecommunications Co. on Monday reported first-quarter net income of $10.3 million. The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $84.3 million in the period, surpassing Street forecasts. Shenandoah Telecom shares have risen almost 10 percent since the...

  • Tensions in places such as Baltimore and Ferguson, Missouri, have prompted candidates to explore the complicated relationship between poor communities and the police, and the deep-seated issues that have trapped many of the 45 million people who live in poverty in the United States. A frustrated President Barack Obama challenged the nation to do "some...

  • The American Association of State Highway and Transportation Officials said 23 states reported combined spending of more than $1 billion on winter maintenance operations and 8 million work hours plowing or treating state roads from October to March. The Department of Transportation wound up spending $154 million on winter maintenance, well above its...

  • Police in Portland, Oregon, say an initially peaceful May Day demonstration turned violent Friday evening as a splinter group hurled chairs and other objects at officers. The Burnside Bridge over the Willamette River was closed for about a half-hour during the height of the evening commute when protesters tried to force their way across.

  • Police say black-clad May Day marchers hurled wrenches and rocks at officers and hit police with sticks as a Friday evening march through a Seattle neighborhood turned violent, injuring three officers. That brought the day's Seattle demonstration arrest total to four. Hundreds of people earlier joined in May Day marches in Seattle and Yakima, Washington, in...

  • WASHINGTON— House Republicans Friday passed the second of 12 spending bills for the upcoming budget year, a $35 billion measure funding the Energy Department and popular water projects constructed by the Army Corps of Engineers. The measure includes a big boost to modernize the U.S. nuclear arsenal and also contains money that would keep the Yucca Mountain...

  • BALTIMORE— Police union: 6 officers aren't responsible for Freddie Gray's death, were diligent in case.

  • BALTIMORE— Maryland state's attorney says there's probable cause to file charges in Baltimore man's death.

  • Legg Mason tops Street 4Q forecasts Friday, 1 May 2015 | 7:21 AM ET

    BALTIMORE _ Legg Mason Inc. on Friday reported fiscal fourth-quarter profit of $83 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share. Legg Mason shares have dropped slightly more than 1 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more...

  • Radio One reports 1Q loss Friday, 1 May 2015 | 6:57 AM ET

    SILVER SPRING, Md. _ Radio One Inc. on Friday reported a loss of $18.5 million in its first quarter. On a per-share basis, the Silver Spring, Maryland- based company said it had a loss of 39 cents. Keywords: Radio One, Earnings Report.

  • First Potomac Realty Trust reports 1Q results Thursday, 30 Apr 2015 | 7:06 PM ET

    BETHESDA, Md. _ First Potomac Realty Trust on Thursday reported a key measure of profitability in its first quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of 25 cents per share. First Potomac Realty Trust expects full-year funds from operations in the range of 92 cents to 98 cents per share.

  • Chesapeake Lodging reports 1Q results Thursday, 30 Apr 2015 | 7:04 PM ET

    ANNAPOLIS, Md. _ Chesapeake Lodging Trust on Thursday reported a key measure of profitability in its first quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 24 cents per share. For the current quarter ending in June, Chesapeake Lodging expects its per-share funds from operations to range...

  • TeleCommunication posts 1Q profit Thursday, 30 Apr 2015 | 6:30 PM ET

    ANNAPOLIS, Md. _ TeleCommunication Systems Inc. on Thursday reported first-quarter net income of $295,000, after reporting a loss in the same period a year earlier. The Annapolis, Maryland- based company said it had net income of less than 1 cent on a per-share basis. Keywords: TeleCommunication Systems, Earnings Report.

  • It took Osman Yaya, a 12- year-old from Bennett Middle School in Salisbury, Maryland, and his skillful town hall moderating to tease out details about Obama's early reading habits, his post-presidency plans and his facility with digital media. Obama was at the Anacostia Library in Washington for a "virtual field trip" with students to promote White House...

  • McKesson settles investigation on controlled substances Thursday, 30 Apr 2015 | 5:27 PM ET

    April 30- U.S. drug wholesaler McKesson Corp said it settled with several federal agencies, including the Department of Justice, claims alleging suspicious order reporting practices for controlled substances. The suspensions will not result in supply disruptions to any customer, McKesson said in a regulatory filing on Thursday. McKesson said it had already...

  • Baltimore riot damage adds burden to small businesses Thursday, 30 Apr 2015 | 3:02 PM ET

    BALTIMORE— Richard Sung Kang's American dream came crashing down in a shower of broken glass. His West Baltimore liquor store and bar, the Oxford Tavern, was hit by looters during a riot over the police-involved death of neighborhood resident Freddie Gray. About 200 small businesses were unable to open the day after the violence, Maryland Gov.

  • Host Hotels reports 1Q results Thursday, 30 Apr 2015 | 6:18 AM ET

    BETHESDA, Md. _ Host Hotels& Resorts Inc. on Thursday reported a key measure of profitability in its first quarter. The average estimate of 13 analysts surveyed by Zacks Investment Research was for funds from operations of 33 cents per share. Host Hotels expects full-year funds from operations in the range of $1.52 to $1.55 per share.