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Jay Hancock

Jay Hancock

Why merge now? Age, economy seem obvious answers - November 4, 2009 - It was the first thing analysts asked Black & Decker boss Nolan D. Archibald about the Maryland...

O'Malley tried, failed to stop jump in BGE rates - November 3, 2009 - The video, lovingly promoted by Maryland Republicans, has gotten nearly 4,000 hits on YouTube. It's a...

Your money

Making sense of medical bills

At the grocery store, you check your receipt to make sure you were properly charged for the honeycrisp apples and cereal.

Credit cards: Mad about fees?

Theodore Casser has been a loyal Bank of America credit card customer for about 10 years.

Installing a new kitchen floor for $1,000 or less

In a busy household, the flooring has to hold up under heavy use and look good.

Short sales: They can take a long time

ORLANDO, Fla. -- For buyers, it's a way to get a bargain.

General-purpose gift cards can cost giver, recipient

It's not necessarily a gift they'll remember you by: A general-purpose gift card that can be used in many stores but can cost $6.95 above...

Workers aren't raiding 401(k) accounts, survey finds

High jobless rates haven't changed the pace at which workers dip into their retirement accounts, perhaps suggesting that psychology is...

Sharp buying eases way into wet razor use

Many American men, and women, are rediscovering wet-shaving with a safety razor. Shaving with a weighty metal razor and traditional blades...

Job advice is just an alum away for college graduates

Networking with college alumni is a time-honored strategy for finding a job.

How to invest in a Roth IRA

Q I'm 23 and have been making a point of saving money in a savings account. I've been told that a savings account isn't good for my future...

More money news

Oct. retail sales soar

U.S. retailers had their best month in more than a year in October as shoppers turned to discounters and high-end stores alike.

Free phones, airtime offered to low-income Marylanders

One of the country's largest national prepaid cell phone carriers is making free phones and 64 minutes of monthly air time available to...

Sinclair reports 3rd-quarter net income up 47%

Sinclair Broadcast Group Inc. reported Wednesday a 47 percent jump in third-quarter net income as revenue fell and said it had...

Starbucks Gold Card members to lose their 10 percent discount

Attention Starbucks Gold Card customers: Your 10 percent discount is ending.

Fed vows to hold rates at record-low level, signaling weak economy still needs government aid

WASHINGTON (AP) — The Federal Reserve pledged Wednesday to keep a key interest rate at a record low for an "extended period,"...

Carrollton Bancorp posts loss

Carrollton Bancorp posted Tuesday a third-quarter net loss of $732,000 or 23 cents per diluted share, mostly due to a loan loss provision of...

Black & Decker, Stanley Works to join

Black & Decker Corp., the Towson-based toolmaker founded here almost 100 years ago, said Monday that it plans to merge with The Stanley...

Eileen Ambrose: Try to avoid cashing out 401(k) account

You leave your job, and then face the question of what to do with your 401(k). If you're like 46 percent of workers, you will cash out the...

CEG to act quickly on EDF deal; date unclear on $100 BGE credit

Constellation Energy Group and its nuclear joint venture partner, Electricite de France, announced Monday that they will move quickly to...

Ford tops list of economic gains

Ford Motor Co.'s surprisingly strong quarterly earnings capped a day of upbeat news that showed the U.S. economy continuing to gain strength...

AP business news

Higher than expected insurance losses lead to 3rd-quarter loss at MBIA

NEW YORK (AP) — MBIA Inc. said Monday that it incurred heavier losses in its insurance...

UN secretary-general heads to Washington deal to push climate change deal

UNITED NATIONS (AP) — Confident that governments will reach a climate change deal next month,...

American Airlines CEO steps up campaign to persuade Japan Airlines to ignore Delta's advance

DALLAS (AP) — The CEO of American Airlines says Japan Airlines would be taking a risk and...

CEO of Las Vegas-based Pinnacle resigns as Mo probes his behavior at St. Louis County Council

ST. LOUIS (AP) — Casino operator Pinnacle Entertainment Inc.'s CEO and chairman resigned...

Gold prices surge to new high, close above $1,100 an ounce on back of weaker dollar

NEW YORK (AP) — Gold prices climbed to another new high Monday as the U.S. dollar sank to a...

Feds seize Ferrari, boats, other assets from Fla. lawyer in multimillion-dollar fraud probe

FORT LAUDERDALE, Fla. (AP) — Federal agents began seizing assets Monday of a lawyer...

Western Refining idles Bloomfield plant to consolidate NM operations; 100 workers laid off

BLOOMFIELD, N.M. (AP) — Western Refining Inc. plans to shutter its Bloomfield, N.M.,...

Business Highlights

Dow jumps 204 to high for year as dollar slumps

AutoNation CEO says sales to stay depressed through next year; predicts gradual recovery

DETROIT (AP) — U.S. auto sales should recover a bit next year but will remain at depression...

Sprint plans to cut 2,000 to 2,500 jobs as slump continues

OVERLAND PARK, Kan. (AP) — Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs,...