| Jun 15, 2013
| 1:15 PM
The Maryland Economic Development Corp. expects to fall short next year on payments to investors who bought the bonds that funded the Hyatt Regency Chesapeake Bay, a state-owned golf resort hotel and conference center on the Eastern Shore.
| Jun 27, 2013
| 11:22 AM
The Hartford said Thursday that it has an agreement to sell a small sliver of its variable annuity business — the part in the United Kingdom — for $285 million to a subsidiary of Berkshire Hathaway.
This is part of a plan by The Hartford...
| Jul 1, 2013
| 2:19 PM
Robert Iger will remain chief executive of the Walt Disney Co. through June of 2016, which is 15 months longer than expected, the entertainment juggernaut said Monday afternoon.
Iger, who also serves as Disney's chairman, had been slated to step down...
| Jul 1, 2013
| 3:19 PM
Amid reports of wind turbine blades flying off and a resulting flurry of damage control measures, engineering powerhouse Siemens said Monday the chief of its wind power division would step down, two weeks after announcing costs related to incidents in...
| Jul 5, 2013
| 8:53 AM
Underwhelming sales of the HTC One and the Samsung Galaxy S4 led the two phone-making technology giants to miss analysts' quarterly profit estimates, according to preliminary earnings reports released Friday.
In the quarter ended June 30, HTC Corp....
| Jul 9, 2013
| 5:19 AM
The Kroger Co. will buy Harris Teeter in a $2.5 billion deal, the company announced Tuesday.
Both grocery chains have a presence in Hampton Roads. Right now, Kroger executives are not saying exactly how the merger will change either grocery brand.
| Jul 12, 2013
| 7:14 PM
Wells Fargo & Co. booked a record $5.5 billion in profit during the second quarter despite a dramatic rise in mortgage rates and signs of a slowdown in its refinancing business.
The 19% year-over-year jump in earnings for the nation's largest home...
| Jul 17, 2013
| 6:44 PM
AeroVironment Inc., hurt by a drop in military contracts for its tiny drones, got a shot in the arm from a new investment company that wants to wean it from the government trough and move its products more into the commercial market.
Engaged Capital, an...
| Jul 17, 2013
| 6:52 PM
Megabanks aren't the only financial firms to meet or beat expectations this earnings season.
Many California regional banks are reporting stronger earnings and putting new loans on their books, thanks to the improving economy and progress in dealing...
| Jul 19, 2013
| 6:20 PM
NEW YORK — Investors pushed major U.S. indexes to a fresh round of all-time highs this week after strong profit reports from Wall Street banks were seen as another sign that the economy is improving.
Citigroup Inc., Goldman Sachs and Morgan...
| Jul 23, 2013
| 7:00 AM
Apple Inc. reports its third-quarter financial results after the markets close Tuesday, and expectations for the tech giant aren't high.
A prolonged product drought has dampened the fervor that had surrounded the company over the last few years, with...