Sweden’s Volvo Group says it’s adding up to 140 jobs in Hagerstown in a $30 million expansion of a plant that makes truck engines and transmissions.
A Baltimore-based foundation has committed $1 million to the Franklin P. Perdue School of Business at Salisbury University for grants and loan guarantees to start new businesses.
A Maryland lawmaker told a newspaper this week that his campaign repeatedly misidentified the source of a $50,000 loan it received in 2009 as coming from his law practice’s escrow account.
A second round of the housing crisis is striking Maryland as a backlog of delinquent loans move to foreclosure.
Vehicle Production Group, which received a $50 million federal loan to make vans for the disabled, has halted production.
A Virginia man has pleaded guilty in a scheme to get fraudulent loans guaranteed by the Small Business Administration. Prosecutors said the scheme resulted in more than $100 million.
Big changes in the rules for home mortgages are being unveiled in Baltimore.
At a time when many are struggling to stay afloat, the city opens an opportunity for small businesses.
Garrett County officials say they have struck a deal to pay off the debt of a manmade whitewater course near McHenry.
Millions of college students could be in for a shock this summer when the interest rate on a popular federally subsidized student loan doubles unless Congress acts.
The Garrett County Commissioners say they won’t bail out a manmade whitewater course near Deep Creek Lake.
The Hagerstown City Council has authorized the city to get a $600,000 loan to pay for recycling containers.