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Top News & Analysis Maryland

  • WASHINGTON, Feb 3- The Republican-controlled Senate voted on Friday to repeal a controversial U.S. securities disclosure rule adopted by the Obama administration to curb corruption at big oil, gas and mining companies. In a 52-47 vote, the Senate approved a resolution already passed by the House of Representatives that wipes from the books a rule requiring...

  • In a 52 to 47 vote, the Senate approved a resolution already passed by the House of Representatives that wipes from the books a rule requiring companies such as Exxon Mobil and Chevron Corp to publicly state the taxes and other fees they pay to foreign governments. Democrats in the Senate had raised concerns during debate late on Wednesday that Exxon's chief...

  • NEW YORK, Feb 2- The dollar rebounded from its weakest level against six major rivals since mid-November on Thursday, while world equity markets were mixed as investor concerns about the Trump administration's aggressive posture offset strong data on the world economy. U.S. stocks closed marginally lower as investors turned their focus to President Donald...

  • NEW YORK, Feb 2- U.S. stocks were little changed on Thursday as investors turned wary following President Donald Trump's latest comments on trade and the policies he will pursue. The S&P 500 traded at levels it was six weeks ago, losing steam as investors focus on Trump's priorities, such as restricting travel to the United States and rewriting trade deals.

  • Republican FCC Chairman Ajit Pai said the commission will vote Feb. 23 on whether to grant initial approval on a rule to allow broadcasters to use the new standard on a voluntary basis. "The FCC should enable innovation in the broadcasting business," Pai said Thursday at FCC headquarters. The National Association of Broadcasters, which represents Tegna Inc,...

  • An image from the video "Ann Corcoran on Refugee Resettlement"

    A random woman from rural Maryland started a blog in 2006 when she heard refugees were resettled near her home, Vox reports.

  • LONDON, Jan 31- Diageo plans to open a new Guinness brewery in the U.S. state of Maryland where it will make new Guinness beers for the U.S. market, the company said in a statement on Tuesday. It will be based at the company's existing facility in Relay, Maryland, bringing the total investment in Relay to $50 million. The traditional Guinness stout will continue to be...

  • NEW YORK, Jan 30- Three of the biggest makers of diabetes treatments, Sanofi SA, Novo Nordisk and Eli Lilly& Co, were named in a proposed class action lawsuit by a group of patients alleging price-fixing. The lawsuit, filed on Monday in a federal court in Massachusetts, said the companies simultaneously hiked the price of insulin by over 150 percent during the past...

  • "The FDA's long-overdue response leaves key questions unanswered about the performance and effectiveness of the FDA's Office of Criminal Investigations," House of Representatives Energy and Commerce Committee Chairman Greg Walden told Reuters in a statement. An FDA spokeswoman did not have an immediate comment. Reuters also reported on how the FDA...

  • WASHINGTON, Jan 26- Senior Democratic lawmakers on Thursday called on the White House to lift orders barring government agency employees from communicating with the public and Congress, saying such restrictions may violate federal laws. Congressmen Elijah Cummings of Maryland, ranking member of the House Committee on Oversight and Government Reform, and...

  • The Baltimore asset manager said total assets under management at Dec. 31 stood at $810.8 billion, after market gains of $2.9 billion during the quarter were more than offset by $5 billion of net client withdrawals. The withdrawals included $1.9 billion from its target-date retirement portfolios as investors moved to passive products, the company said.

  • The three kitchen facilities are in Everett, Massachusetts, Landover, Maryland and Atlanta, a company spokeswoman said in an emailed statement. In June, U.S. food safety regulators warned the grocer that inspections at its Everett plant turned up violations that could result in food being "contaminated with filth or rendered injurious to health."

  • Mallinckrodt's share price dropped sharply to just under $43 from above $49 on a report Wednesday, which proved incorrect, that the FTC would sue Mallinckrodt. Questcor was acquired by Mallinckrodt in 2014.. Acthar, which is off patent, represented 34 percent of Mallinckrodt's $3.4 billion in net sales for fiscal 2016, the company said in a government filing.

  • WASHINGTON, Jan 18- Mallinckrodt Plc, which bought Questcor Pharmaceuticals in 2014, has agreed to pay $100 million to settle allegations that Questcor broke U.S. antitrust laws in pricing its multiple sclerosis drug H.P. Mallinckrodt, an Irish company headquartered in the United Kingdom, did not immediately respond to requests for comment.

  • A shooter takes aim with a Remington Model 700 SPS Varmint rifle at the Spurwink Rod and Gun Club in Cape Elizabeth, Maine, Jan. 28, 2013.

    Several attorneys general are urging a federal judge to reject a proposed class action settlement involving allegedly defective Remington rifles.

  • NEW YORK, Jan 17- A Florida man pleaded guilty on Tuesday to charges stemming from his employment with an unlicensed bitcoin exchange that prosecutors say was owned by an Israeli who oversaw a massive scheme to hack companies including JPMorgan Chase& Co.. Ricardo Hill, 38, entered his plea in Manhattan federal court to seven counts, including conspiracy to...

  • Donald Trump

    How can the Trump administration replace Obamacare without falling flat on its face? Tell the states to do it instead, says Vox's Ezra Klein.

  • WASHINGTON, Jan 17- The U.S. Supreme Court on Tuesday allowed private antitrust lawsuits brought by investors including big U.S. cities accusing major banks of conspiring to manipulate the pivotal Libor benchmark interest rate to move forward. The justices rejected an appeal filed by a group of banks including Bank of America Corp, Deutsche Bank AG, UBS AG and...

  • NEW YORK, Jan 13- The U.S. Supreme Court on Friday agreed to decide whether firms collecting on debt they bought for pennies on the dollar can be held liable in lawsuits brought by debtors they targeted under a federal law cracking down on debt collectors' abusive practices. Four Maryland residents who defaulted on car loans filed a proposed class action lawsuit...

  • Jan 13- Volkswagen has agreed to pay a $4.3 billion fine to settle U.S. criminal charges that it conspired for nearly 10 years to cheat on diesel emission tests. Court cases are still pending in about 20 states, including New York, Massachusetts and Maryland. A total of about 1,520 lawsuits have been lodged in the court near VW's Wolfsburg headquarters, including...