| May 16, 2014
| 2:26 PM
McDonald’s Corp. admits its efforts to fix things in Germany and Japan will take time and that it needs to pay better attention to what customers want, two company executives said on Friday.
The world’s largest restaurant company says that it...
| May 18, 2014
Research labs closed by pharmaceutical giant Pfizer dot the country: Illinois. Michigan. New Jersey. New York. North Carolina.
Maryland officials don't want this state to join that list.
After Pfizer declared its desire to buy AstraZeneca — which...
| May 19, 2014
| 11:15 AM
Mutual-fund fees are declining as the stock market rises and investors become savvier about expenses, according to a new study.
The sharp rise in share prices last year triggered discounts in which fees in many funds dropped as the assets in those...
| May 21, 2014
| 4:55 PM
Neel Kashkari's career has taken him from engineering to investment banking to managing the federal government's $700-billion bailout of Wall Street, overseeing stock funds and running for governor — all by age 40.
What others might view as a...
| May 7, 2014
| 1:39 PM
Mondelez International Inc. is combining its coffee business, which includes brands like Maxwell House and Gevalia, with one from a smaller rival and restructuring its business as growth in the global snacks business slows.
Mondelez and D.E Master...
| May 7, 2014
| 7:49 PM
Just as the Chicago area is getting ready for air conditioning weather, residents can expect to be jolted by higher electric bills.
Starting June 1, Commonwealth Edison customers on average will see monthly bills jump 21 percent, to about $82 a month...
| Apr 24, 2014
| 3:33 PM
Baltimore money manager T. Rowe Price said Thursday that net income rose nearly 26 percent in the first three months of the year, compared with a year earlier, and customers added money to portfolios rather than taking cash out — reversing an...
| Jul 29, 2014
Dollar Tree announced Monday that it plans to buy rival Family Dollar for $8.5 billion, a merger that would unseat Dollar General as the nation's largest discount retailer in terms of store count and fend off increasing competition from big-box...
| Jul 30, 2014
| 2:30 AM
Legendary investor Peter Lynch, whose investment management skills helped attract billions of dollars into the Fidelity Magellan Fund from 1977 until 1990, once famously advised small investors, "Buy what you know." The concept was simple: If you buy what...
| Mar 15, 2013
| 4:14 PM
Legg Mason Inc.'s stock, which has struggled to recover from the financial crisis, hit a new 52-week high last week.
It could be a harbinger of a turnaround at the Baltimore-based money manager. Or Legg shares simply may be riding the recent record-...
| Sep 16, 2013
| 3:33 PM
A decade ago, Taymour Tamaddon was an MBA. student with a background in physics trying to convince Baltimore-based money manager T. Rowe Price to hire him as an intern.
Not only did Price give him the internship and hire him later as a health care...