News on business and economy in Maryland

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Last update: 4 hours ago

Key Bridge Fallout: Federal prosecutors indicted the Singapore-based operator of the Dali and an Indian technical superintendent, alleging safety cut corners, falsified records, and misled investigators after the 2024 crash that killed six workers and collapsed Baltimore’s Francis Scott Key Bridge. State Legal Move: Maryland also finalized a $2.25B settlement with the Dali owner/operator, while saying it will keep pursuing claims against the shipbuilder. Opioid Case Reversal: Baltimore dropped its opioid lawsuit after Maryland’s Supreme Court vacated key parts of the city’s verdict path. Maternal Care Warning: A new report flags a “Medicaid Maternity Cliff,” with many Medicaid mothers expecting coverage loss during eligibility redeterminations—raising fears of delayed prenatal and postpartum care. Everyday Costs: New inflation data highlights sticker shock from gas to groceries, with vehicle and insurance costs staying stubbornly high. Sports & Business: Under Armour expects a revenue hit tied to its Curry Brand exit, while the Ravens’ offseason questions center on Lamar Jackson and key roster spots.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Maryland reaches $2.25 billion settlement over Key Bridge collapse

Maryland reaches $2.25 billion settlement over Key Bridge collapse

Maryland finalizes settlement with owners, operators of ship in Key Bridge collapse

Maryland finalizes settlement with owners, operators of ship in Key Bridge collapse

Maryland’s Utility RELIEF Act becomes law, key cost-saving measure could be in jeopardy

Maryland’s Utility RELIEF Act becomes law, key cost-saving measure could be in jeopardy

Baltimore Key Bridge collapse: Shipping company and boss face criminal charges

Baltimore Key Bridge collapse: Shipping company and boss face criminal charges

Baltimore County jury convicts Michael C. Okolo of felony insurance fraud

Baltimore County jury convicts Michael C. Okolo of felony insurance fraud

Maryland utility advocates: AI data centers in other states could drive up electric bills for Marylanders

Maryland utility advocates: AI data centers in other states could drive up electric bills for Marylanders


Steve Raeder, Chairman/CEO of Summit Ridge Energy, Named Entrepreneur Of The Year® 2026 Mid-Atlantic Finalist by EY US
8 hours ago

Steve Raeder, Chairman/CEO of Summit Ridge Energy, Named Entrepreneur Of The Year® 2026 Mid-Atlantic Finalist by EY US

GlobeNewswire, Inc.

eClerx Showcases the Future of Finance Operations at Gartner Finance Symposium/Xpo™ 2026
9 hours ago

eClerx Showcases the Future of Finance Operations at Gartner Finance Symposium/Xpo™ 2026

EIN Presswire

New Report Finds Worsening Financial Transparency Across State Governments
12 hours ago

New Report Finds Worsening Financial Transparency Across State Governments

EIN Presswire

Columbia Financial, Inc. Announces Commencement of Second-Step Conversion Offering; Receipt of Regulatory Approvals for the Conversion and the Acquisition of Northfield Bancorp, Inc.
May. 11, 2026

Columbia Financial, Inc. Announces Commencement of Second-Step Conversion Offering; Receipt of Regulatory Approvals for the Conversion and the Acquisition of Northfield Bancorp, Inc.

GlobeNewswire, Inc.

Bright MLS April 2026 Housing Market Report: Market Activity Hits 4-Year High Last Month
May. 11, 2026

Bright MLS April 2026 Housing Market Report: Market Activity Hits 4-Year High Last Month

GlobeNewswire, Inc.

Pomerantz Law Firm Announces the Filing of a Class Action Against Regencell Bioscience Holdings Limitedand Certain Officers – RGC
2 hours ago

Pomerantz Law Firm Announces the Filing of a Class Action Against Regencell Bioscience Holdings Limitedand Certain Officers – RGC

GlobeNewswire, Inc.

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