Top News & Analysis Maryland

  • Former advisor to U.S. President Donald Trump, Roger Stone, leaves the E. Barrett Prettyman United States Courthouse after being found guilty of obstructing a congressional investigation into Russia’s interference in the 2016 election on November 15, 2019 in Washington, DC.

    Trump had blasted the first proposed sentence for his longtime ally Roger Stone.

  • Former advisor to U.S. President Donald Trump, Roger Stone, leaves the E. Barrett Prettyman United States Courthouse after being found guilty of obstructing a congressional investigation into Russia’s interference in the 2016 election on November 15, 2019 in Washington, DC.

    President Donald Trump's ally Roger Stone was convicted of lying to Congress about his contacts with WikiLeaks and witness tampering.

  • NEW YORK, Feb 10- When former investment manager Ron Cordes started a charitable foundation in 2007, he got frustrated because he could only "do good" when he was actively giving the money away to needy causes. At first, the Cordes Foundation allocated 20% of its $10 million endowment to private equity investments aimed to make a beneficial social or...

  • *Lawsuit focused on Trump hotel in downtown Washington. A unanimous three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit ruled that the more than 210 House of Representatives and Senate Democrats lacked the required legal standing to bring the case, reversing a lower court judge's decision that had allowed the case to proceed.

  • WASHINGTON, Feb 7- A U.S. appeals court on Friday threw out a lawsuit brought by Democratic lawmakers alleging President Donald Trump's overseas business dealings violate the U.S. The three-judge panel said it was bound by U.S. Supreme Court decisions that have limited the ability of individual members of Congress to litigate questions that affect the...

  • Jan 11- At least 10 people died, more than 1,000 flights were canceled and hundreds of thousands were without power in five states on Saturday as a massive winter storm system dumped snow, freezing rain and hail from Texas to Michigan. Hurricane-force wind gusts, golf-ball-sized hail and 2 to 5 inches of snow fell on Friday night and early Saturday as storms pushed...

  • Jan 11- At least nine people died, more than 1,000 flights were canceled and hundreds of thousands were without power in five states on Saturday as a massive winter storm system dumped snow, freezing rain and hail from Texas to Michigan. Hurricane-force wind gusts, golf-ball-sized hail and 2 to 5 inches of snow fell on Friday night and early Saturday as storms...

  • Jan 11- At least nine people died, more than 1,000 flights were canceled and hundreds of thousands were without power in seven states on Saturday as a massive winter storm system dumped snow, freezing rain and hail from Texas to Michigan. Hurricane-force wind gusts, golf-ball-sized hail and 2 to 5 inches of snow fell on Friday night and early Saturday as storms...

  • Jan 11- At least four people died, more than 1,000 flights were canceled in Chicago, hundreds more across the Central Plains and Northeast, and thousands were without power in parts of seven states, as a massive winter storm dumped snow, freezing rain and hail from Texas to Michigan on Saturday. Hurricane-force wind gusts, golf-ball-sized hail and between 2- to-5...

  • The recommendations- which came from experts from eight government agencies, including the U.S. Geological Survey and National Institute for Occupational Safety and Health- are set to be considered Feb. 4 at the FDA campus in Silver Spring, Maryland. It will be the first FDA hearing focused on testing methods for asbestos in talc and cosmetics since 1971,...

  • NEW YORK, Jan 6- Wall Street's worst fears of a year-end funding squeeze never materialized thanks in large part to the quarter-trillion dollars the Federal Reserve stuffed into the market to ensure nothing became gummed up. "The repo operations are a band-aid, but the wound isn't healed fully," said Gennadiy Goldberg, an interest rate strategist at TD Securities.

  • SAN DIEGO/ BALTIMORE, Jan 3- Federal Reserve policymakers who last year were frequently at odds over where to set U.S. borrowing costs opened 2020 telegraphing confidence in the state of the economy and signaling broad agreement that monetary policy is right where it should be. And after cutting interest rates three times last year to bring the Fed's target to a...

  • BALTIMORE/WASHINGTON, Jan 3- Top U.S. But they also noted the longest U.S. expansion on record could still fall victim to outside shocks, such as this week's dramatic escalation of tensions between the United States and Iran. I'm encouraged by recent jobs reports and the pace of holiday spending, "with last year's round of three Fed rate cuts helping prop up demand...

  • Jan 3- The U.S. economy is "healthy" and likely to continue growing, though elevated tensions between the United States and Iran are a reminder that outside shocks could still derail the country's more than decade-long recovery, Richmond Federal Reserve president Thomas Barkin said on Friday. But on a day when global oil prices spiked and stock markets fell after...

  • *China factory activity expands for a second straight month. The Dow Jones was on track for its second straight day of declines, shrugging off President Donald Trump's tweet that a Phase 1 U.S-China trade deal would be signed on Jan. 15 at the White House, and that he would later travel to Beijing to begin negotiations on the next phase. "We had this huge rally since the...

  • Dec 27- The S&P 500 and the Dow inched to fresh record highs on Friday, as hopes of an imminent U.S.- China trade deal and an improving global economy continued to fuel a year-end rally. China and the United States announced a Phase 1 deal earlier this month, but have since disclosed few concrete details. Beijing said this week it was in close contact with Washington...

  • Dec 27- U.S. stock indexes rose slightly on Friday, continuing a year-end record rally that has been fueled by optimism over a U.S.- China trade truce and an improving global economy. "We've had such a long run so far that it now feels a bit overstretched," said Katrina Lamb, head of investment strategy and research at MV Financial, in Bethesda, Maryland.

  • *Tesla hits record high as China- made Model 3 deliveries to begin. Dec 27- Wall Street hovered at record highs on Friday, as investors paused after a year-end rally that has been fueled by optimism over a U.S.- China trade truce and an improving global economy. All three major U.S. stock indexes opened at record highs as traders cheered upbeat economic data from...

  • NEW YORK/ WASHINGTON Dec 12- Southwest Airlines Co said on Thursday it had reached a confidential compensation agreement with Boeing Co for a portion of a projected $830 million hit to operating income in 2019 arising from the grounding of its 737 MAX aircraft. Southwest, American Airlines Group Inc and United Airlines Holdings Inc are scheduling flights...

  • Federal agents arrested Zhang last year at the San Jose airport as he was about to board a flight for China. Agents arrested him in January at a train station on his way to San Francisco International Airport for a trip to China. Attorney Daniel Olmos, who represents the men, said Monday that both had family reasons to visit China and had shown no signs of violating...