×

Top News & Analysis Maryland

  • CHICAGO— States are moving forward with new initiatives to help workers save for retirement, even as the Republican-led Congress tries to block rules making it easier for them to do so. "It's clear there's a retirement crisis," Illinois Treasurer Michael W. Frerichs told the small business owners. " Seven states— California, Connecticut, New Jersey, Maryland, Oregon...

  • SILVER SPRING, Md. _ Discovery Communications Inc. on Tuesday reported fourth-quarter earnings of $304 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON, Feb 13- Marathon Pharmaceuticals LLC said on Monday it was "pausing" the launch of its Duchenne muscular dystrophy drug after U.S. lawmakers questioned why the company priced it at $89,000 a year when patients had been able to import it for as little as $1,000. Marathon's drug, Emflaza, known generically as deflazacort, is a steroid, one of a class of drugs...

  • ROCKVILLE, Md. _ Federal Realty Investment Trust on Monday reported a key measure of profitability in its fourth quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was for funds from operations of $1.44 per share. Nine analysts surveyed by Zacks expected $204.8 million.

  • WASHINGTON, Feb 13- Two U.S. lawmakers have called on privately held Marathon Pharmaceuticals LLC to explain how it came to price its newly approved drug to treat Duchenne muscular dystrophy at $89,000 a year when patients have for decades been able to acquire it overseas for as little as $1,000. The drug, Emflaza, known generically as deflazacort, is a steroid, one...

  • WASHINGTON— Marathon Pharmaceuticals announced Monday that it will temporarily halt the rollout of a drug to treat genetic muscle deterioration just hours after two members of Congress expressed outrage that the company planned to charge $89,000 a year for a drug that's widely available abroad for about $1,000 a year. Elijah Cummings, D- Md., urged the company...

  • The Washington- based Consumer Federation of America says it found rate hikes on annual premiums as high as $400, in some cases. In the report released Monday, the group analyzed premium quotes in 10 cities, including New York and Chicago, from five of the nation's largest auto insurers. Rates in Oklahoma City and Los Angeles did not change.

  • NEW YORK, Feb 13- When it comes to romantic screwups, missing Valentine's Day is about as bad as it gets. Kathryn Hauer does that every single year. Almost two in five Americans, or 39 percent, have celebrated their love after Valentine's Day.

  • NEW YORK, Feb 13- A Florida software engineer and a New Jersey pastor are expected on Monday to face trial in a case stemming from an investigation into a bitcoin exchange and a data breach at JPMorgan Chase& Co.. Jury selection is set to begin in Manhattan federal court in the case of Yuri Lebedev, who authorities call the architect of bitcoin exchange Coin.mx' s...

  • READING, Pa.— Albert Boscov, chairman of a century-old department store chain, has died. Albert Boscov was credited with driving the growth of the business established by his father in 1914 to sales in excess of $1 billion and employing more than 7,500 people. The Reading- based chain's website lists 45 stores in Pennsylvania and six other states: Connecticut,...

  • A White House official said the new executive order could be a modified version of the one signed last month or a new version altogether. Priebus says the White House is "fighting out this case on the merits, which will be proven ultimately 100 percent correct and vindicated on the merits." A White House official says President Donald Trump has "full confidence" in...

  • The Trump family's re-engagement in a Dominican resort deal signed a decade ago surfaced unexpectedly last week, when Eric Trump, an executive vice president, was photographed touring the property Feb. 2 with developers Ricardo and Fernando Hazoury. In a press release, the Hazoury brothers called their relationship with Eric Trump "incredibly strong."

  • COLUMBIA, Md. _ Corporate Office Properties Trust on Thursday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Columbia, Maryland, said it had funds from operations of $40.7 million, or 51 cents per share, in the period. The average estimate of eight analysts surveyed by Zacks Investment Research was for...

  • ROCKVILLE, Md. _ Synutra International Inc. on Thursday reported fiscal third-quarter net income of $4.9 million. Synutra expects full-year revenue in the range of $350 million to $400 million. Synutra shares have climbed slightly more than 8 percent since the beginning of the year.

  • WASHINGTON— The Trump Organization is returning to a long-dormant licensing deal involving a beachfront luxury resort in the Dominican Republic, testing the limits of Donald Trump's pledge to halt new international Trump-branded projects during his presidency. But the Trump family's re-engagement surfaced unexpectedly last week, when Eric Trump, an...

  • The indictment alleges that Harold Thomas Martin, 52, spent up to 20 years stealing highly sensitive government material from the U.S. intelligence community related to national defense, collecting a trove of secrets he hoarded at his home in Glen Burnie, Maryland. Martin faces 20 criminal counts, each punishable by up to 10 years in prison, the Justice...

  • President Donald Trump's Twitter attack on Nordstrom Inc on Wednesday for dropping his daughter Ivanka's clothing line raised concerns about the use of his White House platform for his family's businesses. In response to the Twitter comment Trump posted criticizing Nordstrom, which has said its move was based on the sales performance of the Ivanka Trump...

  • WASHINGTON, Feb 7- Donald Trump Jr. has taken the reins of the Trump International Hotel near the White House after critics charged it was a conflict of interest for U.S. Chaffetz met Trump at the White House on Tuesday, and a spokesman for Chaffetz said they spoke about the lawmaker's reform agenda, including civil service and postal reforms.

  • WASHINGTON, Feb 7- Donald Trump Jr. has taken the reins of the Trump International Hotel near the White House after critics charged it was a conflict of interest for U.S. Chaffetz was scheduled to meet Trump at the White House on Tuesday afternoon, and a spokeswoman for Chaffetz said the lawmaker did not know why the president had called him in for a meeting.

  • In a 52-47 vote, the Republican-controlled Senate approved a resolution to eradicate a rule requiring companies such as Exxon Mobil and Chevron Corp to publicly state taxes and other fees paid to foreign governments like Russia. On Thursday, the Senate repealed a rule that would have limited coal companies from dumping waste into streams.