Latest Maryland News
New deep-water channel allows first ship to pass Key bridge wreckage in Baltimore
BALTIMORE (AP) — The first cargo ship passed through a newly opened deep-water channel in Baltimore on Thursday after being stuck in the harbor since the Francis Scott Key Bridge collapsed four weeks ago, halting most maritime traffic through the city’s port. The Balsa 94, a...
Athletic director used AI to frame principal with racist remarks in fake audio clip, police say
A high school athletic director in Maryland has been accused of using artificial intelligence to impersonate a principal on an audio recording that included racist and antisemitic comments, authorities said Thursday. Authorities said the case appears to be among the first of its...
COPT Defense: Q1 Earnings Snapshot
COLUMBIA, Md. (AP) — COLUMBIA, Md. (AP) — COPT Defense Properties (CDP) on Thursday reported a key measure of profitability in its first quarter. The results surpassed Wall Street expectations. The real estate investment trust, based in Columbia, Maryland, said it had funds from...
Eagle Bancorp: Q1 Earnings Snapshot
BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Eagle Bancorp Inc. (EGBN) on Wednesday reported a loss of $338,000 in its first quarter. The Bethesda, Maryland-based bank said it had a loss of 1 cent per share. The bank holding company posted revenue of $179.2 million in...
Baltimore port to open deeper channel, enabling some cargo ships to pass after bridge collapse
BALTIMORE (AP) — Officials in Baltimore plan to open a deeper channel for commercial ships to enter and leave the city’s port starting on Thursday — a significant step toward reopening the major maritime shipping hub that has remained closed to most traffic since the Francis Scott Key Bridge...
Pebblebrook Hotel: Q1 Earnings Snapshot
BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Pebblebrook Hotel Trust (PEB) on Tuesday reported a key measure of profitability in its first quarter. The results topped Wall Street expectations. The Bethesda, Maryland-based real estate investment trust said it had funds from...
Minnesota and other Democratic-led states lead pushback on censorship. They're banning the book ban
ST. PAUL, Minn. (AP) — A movement to ban book bans is gaining steam in Minnesota and several other states, in contrast to the trend playing out in more conservative states where book challenges have soared to their highest levels in decades. The move to quash book bans is welcome...
Sandy Spring Bancorp: Q1 Earnings Snapshot
OLNEY, Md. (AP) — OLNEY, Md. (AP) — Sandy Spring Bancorp Inc. (SASR) on Tuesday reported first-quarter profit of $20.4 million. The bank, based in Olney, Maryland, said it had earnings of 45 cents per share. Earnings, adjusted for amortization costs, came to 49 cents per share. ...
Capital Bancorp: Q1 Earnings Snapshot
ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Capital Bancorp, Inc. (CBNK) on Monday reported first-quarter net income of $6.6 million. The Rockville, Maryland-based bank said it had earnings of 47 cents per share. Earnings, adjusted for costs related to mergers and acquisitions,...
AGNC Investment: Q1 Earnings Snapshot
BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — AGNC Investment Corp. (AGNC) on Monday reported first-quarter net income of $443 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Bethesda, Maryland-based company said it had net income of 59...
