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NEWS
December 6, 1998
Carroll high school seniors who are the children of small-business owners are eligible to apply for a scholarship offered by Padgett Business Services of Howard County.Padgett offers $500 scholarships to graduating seniors who plan to attend college or other post-secondary school.The student's legal guardian must be an active owner of at least 10 percent of the stock or capital in a local business that employs fewer than 20 people.The deadline for applications is March 1.Regional winners become eligible for a grand prize scholarship of $4,000.
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NEWS
By Luke Lavoie, llavoie@tribune.com | July 25, 2013
Two weeks after delaying action on an ordinance that would regulate the spread of donation bins throughout the city of Laurel, the City Council voted on Monday, July 22, to indefinitely table the ordinance after bin proprietors took issue. "This basically kills the bill," said Mayor Craig Moe. "We are going back to the drawing board. " The ordinance, if passed, would have regulated the spread of donation bins within the city by requiring all collection agencies that deploy bins to apply for permits within the city's Department of Community Planning and Business Services.
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NEWS
August 7, 1997
Scott Sedmak of Arnold will take over as chief of business services for the Anne Arundel County Public Library starting Sept. 2.He comes to the library from the city of Baltimore, where he had worked since 1990 as special assistant to the director of finance. He represented the finance director on several key projects, including the renegotiation of the city employees' benefits package and the acquisition of a $62 million multiagency radio communications systems.Pub Date: 8/07/97
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | March 18, 2013
Maryland employers added 6,700 jobs in January, picking up the pace from the end of last year, the U.S. Department of Labor said Monday. Businesses added 5,300 jobs in December, according to the agency's revised estimates. In both December and January, all gains came from the private sector as government agencies cut back — eliminating 1,500 jobs in each month. January's uptick wasn't large enough to lower the unemployment rate, which held steady at 6.7 percent. The U.S. jobless rate was 7.9 percent that month.
BUSINESS
By Jamie Smith Hopkins and Jamie Smith Hopkins,SUN STAFF | September 17, 2005
Unemployment in Maryland ticked up last month as the state lost 9,200 jobs, the U.S. Labor Department said yesterday, though it added that it does not believe the number reflects a reduction in year-round work. The jobless rate rose to 4.4 percent last month from 4.3 percent in July, adjusted for seasonal variations. Gerald Perrins, a regional economist for the department's Bureau of Labor Statistics, said local fluctuation in jobs between July and August is generally related to public education.
BUSINESS
July 20, 1993
AT&T plans to raise ratesAmerican Telephone & Telegraph Co., signaling it believes the long-distance pricing wars are history, said yesterday that it was raising rates on its business and consumer long-distance services.It said rates for most business services would increase an average of 3.9 percent, while rates on direct-dialed consumer calls would increase overall by less than 1 percent.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | March 1, 2011
Baltimore-based FTI Consulting Inc. said Tuesday that it had acquired part of competitor LECG Corp. for an undisclosed amount. FTI, which provides business services ranging from forensic accounting to corporate restructuring, purchased LECG's international arbitration and airline competition practices. FTI said it was considering the possibility of acquiring several other divisions of the Pennsylvania-based LECG, which was pressed into a sale by an impending deadline to repay about $28 million in outstanding principal for a maturing loan.
NEWS
February 4, 2002
Officers named for professional staff at hospital Dr. Kiran J. Parikh, a surgeon trained at Goa Medical College in India and St. Agnes Healthcare in Baltimore, has been appointed president of the professional staff at Howard County General Hospital. He has been a member of the hospital's medical staff since 1985. Dr. David Nyanjom, who received his degree from Howard University College of Medicine, will be vice president, and Dr. Tuvia Blechman, who joined the staff in 1990 as director of the Neonatal Intensive Care Unit, will be secretary-treasurer.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | May 5, 2010
Baltimore-based FTI Consulting Inc. said Wednesday that its profits declined 55 percent in the first quarter compared with the comparable period a year ago, to $14.2 million. The company took a $30.2 million hit in special charges, three-quarters of that in cash, because it laid off 144 employees and consolidated offices "to eliminate redundancies resulting from acquisitions completed over the last two years," it said. FTI, provider of forensic accounting, restructuring and other business services, said revenues increased about half a percent to $350 million in the first quarter.
BUSINESS
By Andrea K. Walker, The Baltimore Sun | March 15, 2011
Baltimore-based FTI Consulting Inc. said Tuesday that it plans to acquire three practices from LECG Corp. — the majority of its remaining European operations — for an undisclosed amount. FTI is acquiring LECG Corp.'s market-leading competition policy practice, financial advisory services practice and tax consultancy group. FTI, which provides business services ranging from forensic accounting to corporate restructuring, purchased LECG's international arbitration and airline competition practices earlier this year.
BUSINESS
Gus G. Sentementes | October 12, 2012
Maryland is throwing a business competition to encourage startups to take root in the state -- the event is called the Invest Maryland Challenge. The prizes total $300,000 in grants and business services. So far, the competition has attracted 37 companies to pitch for a piece of the prize money, include a company from Washington DC and another from Virginia. The categories are computer hardware and software, life sciences and general. Only the general category is open nationally.
BUSINESS
By Eileen Ambrose, The Baltimore Sun | August 17, 2012
For yet another month, Maryland's unemployment rate inched upward, reaching 7 percent in July, the U.S. Department of Labor reported Friday. Maryland, however, saw an increase in 800 jobs last month, the first gain since February. "The fact that the decline ended is certainly good news," said Gus Faucher, senior economist with PNC Bank in Pittsburgh. "You would want to see stronger gains and you would also want to see that they improve over the next few months before you say that the weakness we had in the spring is over.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | May 9, 2012
FTI Consulting Inc.'s stock price hit a 12-month low Wednesday after the business services company fell short of financial analysts' expectations for first-quarter earnings. The company, which has its corporate headquarters in Baltimore, said it earned 43 cents per share in the three months ending in March. That was up slightly from 42 cents per share a year earlier but 18 cents a share short of what analysts had anticipated. The company attributed the gap to a range of factors, including "expenses and investments that should not recur in 2012.
BUSINESS
By Candus Thomson, The Baltimore Sun | March 8, 2012
The Baltimore region showed nearly double-digit growth in export goods and services in 2010, with room to grow, according to a study released Thursday by the Brookings Institution, a Washington-based public policy organization. The report, titled "Export Nation," reviewed data collected from the 100 largest U.S. metro areas. Baltimore was ranked 27th, with exports valued at $9.7 billion. U.S. exports, led by manufacturing, grew faster than at any time since 1997, said Emilia Istrate, the study's lead author.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | August 4, 2011
Baltimore-based FTI Consulting Inc. said profit was down 33 percent in the second quarter compared with a year earlier but would have risen if not for the effect of one-time charges from layoffs. FTI warned investors in July that the "special charges" would affect earnings initially, but officials said the reduction in executive management would lead to about $9 million in savings during the second half of the year. The business services firm, which has divisions across the world that help companies restructure, find financial fraud and deal with other corporate challenges, reported $16.9 million in profits during the three months ending in June, down from $25.1 million a year earlier.
BUSINESS
By Andrea K. Walker, The Baltimore Sun | March 15, 2011
Baltimore-based FTI Consulting Inc. said Tuesday that it plans to acquire three practices from LECG Corp. — the majority of its remaining European operations — for an undisclosed amount. FTI is acquiring LECG Corp.'s market-leading competition policy practice, financial advisory services practice and tax consultancy group. FTI, which provides business services ranging from forensic accounting to corporate restructuring, purchased LECG's international arbitration and airline competition practices earlier this year.
BUSINESS
By Bill Atkinson and Bill Atkinson,SUN STAFF | December 24, 2002
After a nine-month job drought, businesses in Maryland have finally started to hire. Boosted by growth in construction, health care and the federal government, Maryland added jobs in November - the first time since January, according to data released by the federal government. Total jobs in the state rose to 2.5 million last month, 3,000 more than a year earlier, according to the Bureau of Labor Statistics. "The latest data ... clearly shows that job growth [in Maryland] has resumed," said Pradeep Ganguly, chief economist in Maryland's Department of Business and Economic Development.
BUSINESS
December 21, 2002
In The Region Judge doesn't block Marriott transfer of management pacts A Massachusetts Superior Court judge denied yesterday a motion by two Marriott International Inc. senior living center operators to block the largest U.S. hotel company from transferring the management contracts on some of the centers, which Marriott is in talks to sell. Five Star Quality Care Inc. and Senior Housing Properties Trust, two operators of the centers, had obtained a court order Dec. 2 prohibiting Bethesda-based Marriott from completing a sale and transferring the contracts.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | March 1, 2011
Baltimore-based FTI Consulting Inc. said Tuesday that it had acquired part of competitor LECG Corp. for an undisclosed amount. FTI, which provides business services ranging from forensic accounting to corporate restructuring, purchased LECG's international arbitration and airline competition practices. FTI said it was considering the possibility of acquiring several other divisions of the Pennsylvania-based LECG, which was pressed into a sale by an impending deadline to repay about $28 million in outstanding principal for a maturing loan.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | January 25, 2011
Maryland's unemployment rate held steady at 7.4 percent for the fourth month in a row in December, though 6,900 jobs were lost in the state that month compared to the previous month, according to figures released today by the U.S. Labor Department. The state's unemployment rate remained lower than the national figure, which was 9.4 percent — a 0.4 percentage-point drop from the previous month, according to the Labor Department. Charles McMillion, chief economist and president of MBG Information Services in Washington, said the Labor Department figures for December 2010 capped a decade in which 34 states, including Maryland, lost private-sector jobs.
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