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Google, Justice Department make final arguments on whether search engine is a monopoly
Google's preeminence as an internet search engine is an illegal monopoly, the Justice Department argued at the closings of a high-stakes antitrust lawsuit.
Shore Bancshares net income drops amid losses from credit card fraud
Easton-based Shore Bancshares Inc. reported a drop in net income for the first quarter of 2024 amid unexpected losses incurred from credit card fraud.
Employers scaled back hiring in April but still added 175,000 jobs in face of higher rates
The nation’s employers pulled back on their hiring in April, adding a modest 175,000 jobs.
AI use by businesses is small but growing rapidly, led by IT sector and firms in Colorado and DC
The rate of businesses in the U.S. using AI is still relatively small but growing rapidly, according to U.S. Census Bureau researchers.
Bethesda-based Saul Centers sees uptick in net income in Q1 earnings
Bethesda-based Saul Centers Inc. announced a net income increase of 3% in its 2024 first-quarter earnings report from the same period in 2023.
Weis Markets announces quarterly dividend as of May 13
Weis Markets Inc.’s Board of Directors Friday declared a quarterly dividend.
BGE parent Exelon generated $658M profit in Q1, earnings report shows
Exelon Corporation, the parent company of BGE, on Thursday reported first-quarter profit of $658 million.
Medline to invest $2.37M for commercial solar installation in Perryville
Medline and PowerFlex announced plans for a new $2.37 million solar installation at Medline’s distribution center in Perryville.
Amazon CEO’s comments about unions violated federal law, NLRB judge rules
A federal judge ruled that Amazon CEO Andy Jassy violated labor law by making certain anti-union comments during media interviews.
Rockville’s SKMB joins national accounting firm Marcum
Rockville-based Simon, Krowitz, Meadows & Bortnick, P.A. (SKMB) joined Marcum LLP, a national accounting and advisory firm.
Owings Mills shooting center Guntry breaks ground on multimillion-dollar expansion
Indoor shooting and training center Guntry announced a multimillion-dollar expansion that will add 22,000 square feet of space to its facility in Owings Mills.
Fulton Financial Corp. closes $287.5M offering of common stock
Pennsylvania-based Fulton Financial Corporation, which also operates in Maryland, announced the closing of its public offering of 19,166,667 shares of its common stock.
