Top News & Analysis Maryland

  • The USDA closed offices in five states on Tuesday and is working with local and federal authorities, including the Federal Bureau of Investigation, to determine the seriousness of the threats, department spokesman Matthew Herrick said in an emailed statement on Tuesday night. The Forest Service and Natural Resources Conservation Service offices in Hamden,...

  • CHICAGO, Aug 30- The U.S. Department of Agriculture has closed six offices in five states after receiving anonymous threats, a USDA spokesman said on Tuesday, and police were investigating similar threats to faculty members from at least two universities in eastern states. "Yesterday, USDA received several anonymous messages that are concerning for the safety...

  • Aug 30- The U.S. Department of Agriculture has closed six offices in five states after receiving anonymous threats, a USDA spokesman said on Tuesday. "Yesterday, USDA received several anonymous messages that are concerning for the safety of USDA personnel and its facilities. White House spokesman Josh Earnest said the USDA was working with the Department of...

  • "Yesterday, USDA received several anonymous messages that are concerning for the safety of USDA personnel and its facilities. As a precaution, USDA has closed offices, " USDA spokesman Matthew Herrick said in an emailed statement. White House spokesman Josh Earnest said USDA was working with the Department of Homeland Security to ensure the safety of their...

  • NEW YORK, Aug 30- Sharon Kotzen is a 73- year-old retiree, but she is hardly taking it easy. By 2020, the wealth of those currently 52 to 70 will peak at more than 50 percent of the nation's assets, according to the Deloitte Center for Financial Services. Indeed, some 61 percent of grandparents financially supported adult children in the previous year, according to the "...

  • NEW YORK, Aug 30- Sharon Kotzen is a 73- year-old retiree, but she is hardly taking it easy. By 2020, the wealth of those currently 52 to 70 will peak at more than 50 percent of the nation's assets, according to the Deloitte Center for Financial Services. Indeed, some 61 percent of grandparents financially supported adult children in the previous year, according to the "...

  • The Federal Bureau of Investigation seized computers and other material on Friday from Manuel Alfaro, who left his job as executive director of assessment design and development at the College Board in February 2015. The FBI is investigating alleged computer intrusion and theft against an unidentified "victim corporation" involving "confidential or...

  • *Puerto Rico reports 10 cases of Guillain-Barre related to Zika. Separately, health officials in Puerto Rico have reported as many as 10 people who developed the paralyzing neurological disorder known as Guillain-Barre syndrome as a result of Zika infections. In Puerto Rico, where Zika arrived in December 2015, health officials have been systematically...

  • Aug 25- A Wells Fargo& Co mortgage unit will pay $3.45 million to some customers because of a processing error that delayed the mailing of letters to almost 8,000 homeowners in bankruptcy and shortened their notice period about changes to monthly mortgage payment amounts, according to a court document. The unit, called Wells Fargo Bank NA, agreed on the sum in a...

  • NEW YORK, Aug 25- If your kids' college savings are not walled off in some kind of separate account, how do you keep yourself from raiding the kitty? Stephanie Sadural Heincker is one mom who does not trust herself: she has an automatic deduction from each paycheck go into 529 college savings plans for her two- and four-year-old. "This is the least I can do to try to smooth...

  • NEW YORK, Aug 25- If your kids' college savings are not walled off in some kind of separate account, how do you keep yourself from raiding the kitty? Stephanie Sadural Heincker is one mom who does not trust herself: she has an automatic deduction from each paycheck go into 529 college savings plans for her two- and four-year-old. "This is the least I can do to try to smooth...

  • NEW YORK, Aug 25- If your kids' college savings are not walled off in some kind of separate account, how do you keep yourself from raiding the kitty? Stephanie Sadural Heincker is one mom who does not trust herself: she has an automatic deduction from each paycheck go into 529 college savings plans for her two- and four-year-old. "This is the least I can do to try to smooth...

  • WASHINGTON, Aug 23- New U.S. single-family home sales unexpectedly surged in July, reaching their highest level in nearly nine years amid robust demand, brightening the housing market outlook and bolstering views that economic growth will pick up in the third quarter. "A very rosy picture is beginning to emerge on the housing market, pointing to sustained...

  • Maryland, Massachusetts, New York and Pennsylvania sued Volkswagen over excess diesel emissions related to its use of cheating software while the state of Washington has filed a notice of penalty against Volkswagen. VW spokeswoman Jeannine Ginivan said the automaker "is committed to reaching a fair and efficient resolution of remaining federal and state...

  • Aug 23- Volkswagen AG and several U.S. states that sued the German automaker seeking hundreds of millions of dollars in damages for state law violations agreed to hold settlement talks, the automaker said in a court filing Tuesday. Volkswagen has been sued over excess diesel emissions related to its use of "defeat devices" by Maryland, Massachusetts, New York and...

  • The ruling overturns a 2013 decision by SEC Chief Administrative Judge Brenda Murray, who found Feldman liable and ordered him to pay $4.7 million in penalties. Feldman was an optionsXpress Inc customer when he was charged by the SEC in 2012 for a so-called "naked short-selling" scheme. The SEC had accused Feldman of trading billions of dollars in options and...

  • Aug 18- United Bankshares Inc said it would buy rival lender Cardinal Financial Corp in an all-stock deal worth about $912 million, strengthening its position in the Washington, D.C., metropolitan area. Its offices are in Virginia, Maryland and Washington, D.C.. United Bankshares, which is headquartered in Washington, D.C., and Charleston, West Virginia, said the deal...

  • NEW YORK, Aug 15- Parents these days are expected to pull off a financial Mission: Impossible. To wit, 42 percent of parents are actually losing sleep over college costs, up from 28 percent just two years ago, according to new data from the Parents, Kids& Money survey by Baltimore- based money managers T. Rowe Price. Of parents surveyed, 57 percent are willing to take on at...

  • NEW YORK/ BOSTON, Aug 11- Legg Mason Inc's Bill Miller, whose mutual fund beat the S&P 500 handily for 15 consecutive years at the turn of the century, is riding off into the sunset after his recent lagging returns left a trail of disappointed investors. He won high regard for picking "value" stocks and making big bets on them with the Legg Mason Capital Management Value...

  • NEW YORK, Aug 11- Legg Mason fund manager Bill Miller will leave the firm after 35 years, the Baltimore- based investment company said on Thursday. Miller won high regard for picking "value" stocks and making big bets on them with the Legg Mason Value Trust Fund, now the ClearBridge Value Trust Fund. With Miller's departure, Legg Mason said it acquired his stake in LMM...