BALTIMORE, MD—Two CEOs were convicted by a federal jury in Maryland for a scheme to defraud investors about a drug being developed to treat HIV and COVID-19, according to the U.S. Department of Justice. Nader Pourhassan, 61, of Lake Oswego, Oregon, and Kazem Kazempour, 71, of Potomac, Maryland, were found guilty of the scheme involving CytoDyn Inc., a publicly traded […]
BALTIMORE, MD—The man who has been arrested in connection with the brazen murder of UnitedHealthcare CEO Brian Thompson has connections to Maryland. Police arrested 26-year-old Luigi Mangione with a weapon “consistent with” the gun used in the killing, according to the New York City police commissioner. Thompson, 50, died in a dawn ambush on Wednesday as he walked to the […]
BALTIMORE, MD—The national average price of gasoline has fallen below $3 per gallon for the first time in over three years, according to GasBuddy. The decline marks the eighth straight week of decreasing gas prices, bringing the national average to $2.97 per gallon. The decline in global demand and oil prices struggling around $70 per barrel has not had a […]
BALTIMORE, MD—Attorney General Anthony G. Brown has announced that between Fiscal Year (FY) 2020 and 2024, the Home Builder Guaranty Fund (the Guaranty Fund), administered by the Consumer Protection Division, paid over $1.4 million to claimants as reimbursement for losses resulting from acts or omissions by registered home builders related to new home construction. A total of $164,803.67 was paid […]
BALTIMORE, MD—Maryland’s six casinos combined to generate $158,122,302 in revenue from slot machines and table games during November 2024, an increase of $403,808 (0.3%) compared to November 2023. Casino gaming contributions to the state during November 2024 totaled $68,879,589, an increase of $2,729,307 (4.2%) compared to November 2023. The November 2024 contributions included $49,682,786 to the Education Trust Fund, an […]
BALTIMORE, MD—The Maryland Department of Transportation State Highway Administration (MDOT SHA) this week announced that it is fully prepared for the upcoming winter season, with a comprehensive plan in place to ensure the safety of Maryland road users. The department unveiled its preparations at its annual Snow Show, held on Thursday, December 5, 2024. State Highway Administrator Will Pines says […]
BALTIMORE, MD—Racquel Britt Davis, a 51-year-old former state employee from Baltimore, pleaded guilty to felony theft charges in a Baltimore County court on Thursday. The charges stem from a scheme involving fraudulent insurance claims that netted her approximately $63,898.33 from American Family Life Assurance Company of Columbus (AFLAC). According to Maryland Attorney General Anthony G. Brown, Davis submitted 18 fraudulent […]
WASHINGTON—Over one million pairs of oven gloves sold by QVC have been recalled because they could fail to protect wearers from heat, posing a burn risk. The recall, announced on December 5, 2024, covers about 1.1 million pairs of Temp-tations Oven Gloves. The recalled oven gloves came in blue, yellow, red, floral, and summer shell patterns. The gloves were sold […]