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Top News & Analysis Maryland

  • New York, North Carolina, Virginia and Maryland declared states of emergency to free up resources. Virginia Governor Bob McDonnell urged residents in coastal areas to prepare to evacuate before the storm hits and advised others in the state to stock up on provisions needed to get through any disaster.

  • Oct 26- U.S. electric companies from Maine to Florida were bracing for heavy wind, rain and flooding that could take down power lines and threaten to close some East Coast nuclear plants early next week when Hurricane Sandy comes ashore.

  • NASSAU, Oct 26- Hurricane Sandy, a late-season Atlantic storm unlike anything seen in more than two decades, slogged slowly toward the U.S. East Coast on Friday after killing at least 41 people as it cut across the Caribbean.

  • Oct 26- U.S. electric companies from Maine to Florida were bracing for heavy wind, rain and flooding that could take down power lines and threaten to close some East Coast nuclear plants early next week when Hurricane Sandy comes ashore.

  • NASSAU, Oct 26- Slow-moving Hurricane Sandy, a late season Atlantic storm unlike anything seen in more than two decades, slogged toward the U.S. East Coast on Friday after killing at least 34 people on a path destruction across the Caribbean.

  • MORGANTOWN, W.Va.-- West Virginia University announced Friday it's partnering with Paradigm Development Group LLC to build a $70 million residential and retail complex called University Place, a project school officials say will transform a blighted section of Morgantown and create much-needed quality housing.

  • ANNAPOLIS, Md.-- Maryland utilities will no longer be able to charge customers for lost sales during the first 24 hours of a major power outage. The Maryland Public Service Commission announced Friday that the policy would end immediately.

  • WASHINGTON-- A storm of heavy rain and wind may knock out electricity to hundreds of thousands of customers in the Washington D.C. region. Officials at Pepco Holdings Inc., the utility that serves D.C. and parts of Maryland, say customers may be without power for days because sustained winds may prevent crews from doing immediate repair work.

  • Meanwhile, workers in Ocean City, Md., filled sandbags, and Maryland Gov. "Delaware is smack dab in the crosshairs based on the current path projections," said Chip Guy, a spokesman for Sussex County, home to southern Delaware's beaches. Forecasters expect the hurricane to turn inland around Delaware, but said it could still hit as far north as New York.

  • PROVIDENCE, R.I.-- A sell-off of items from the former headquarters of Curt Schilling's failed video game company in Providence brought in about $650,000. An initial auction, at a studio in Maryland acquired by 38 Studios, raised $180,000. 38 Studios was lured to Rhode Island from Massachusetts with a $75 million state loan guarantee.

  • Oct 26- Asset manager Legg Mason Inc said on Friday quarterly profit topped expectations as the company reported its first quarterly net inflows of client funds since 2007.. Although some flow trends remained negative, the results could ease pressure on Legg Mason.

  • ANNAPOLIS, Md.-- The Maryland Department of Natural Resources says it will not enforce times for removing crabs from commercial pots so fishermen can prepare for Hurricane Sandy. The DNR says from Friday through Monday, fishermen may keep crabs removed from crab pots during this period, as well as the mandatory days off Sunday and Monday.

  • Oct 26- Asset manager Legg Mason Inc said on Friday quarterly profit soared more than 42 percent, topping expectations, as the company reported its first quarterly net inflows of client funds since 2007..

  • HUNT VALLEY, Md.-- Health care real estate investment trust Omega Healthcare Investors Inc. said Friday that its funds from operations grew 27 percent in the third quarter as it boosted its rental income with acquisitions. The company said its funds from operations increased to $56.7 million, or 52 cents per share, from $44.5 million, or 43 cents per share.

  • Oct 26- Asset manager Legg Mason Inc said on Friday that quarterly profit rose 42 percent as it reported the first quarterly net inflow since 2007.. For the second quarter ended Sept. 30, Baltimore- based Legg Mason on Friday reported net income of $80.8 million, or 60 cents per share, compared with 56.7 million, or 39 cents per share, in the same period a year earlier.

  • BETHESDA, Md.-- Coventry Health Care Inc.' s third-quarter net income dropped 14 percent, as the health insurer's medical costs and other expenses outweighed revenue gains from an expansion of its Medicaid business.

  • BALTIMORE-- A bank vice president has pleaded guilty to embezzling more than $600,000 from the institution. Fifty-six-year-old Wanda Henderson of Westover, Md. entered the plea on Thursday. According to her plea agreement, Henderson was vice president and executive assistant to the president of Hebron Savings Bank.

  • BALTIMORE-- Legg Mason, the money management firm in the middle of a rocky CEO transition, on Friday reported results that beat Wall Street estimates even as revenue slipped. For the fiscal second quarter, which covered July through September, Legg Mason earned $80.8 million, or 60 cents per share, up 42 percent from $56.7 million, or 39 cents per share, a year ago.

  • HAGERSTOWN, Md.-- Maryland utility companies and emergency management officials say they're preparing for large-scale power outages, flooding and other damage from a storm that could arrive as early as Sunday. Exelon Corp.' s Baltimore Gas and Electric Co. said Thursday that it's planning for hundreds of thousands of potential outages.

  • WASHINGTON-- President Barack Obama carried the nation's capital in 2008 with 92 percent of the vote, and some local activists hoped he would push to give the District of Columbia representation in Congress and more autonomy in local affairs. Even Obama's staunchest local defenders are upset he's not more vocal on issues important to them.