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Byline: Alan Zibel A federal regulator on Wednesday filed a lawsuit against UBS AG, asserting that the investment bank made false statements when selling $4.5 billion in mortgage-backed securities to [...]

Switzerland based Lonza Group has acquired New Jersey based bio-technology firm Cambrex Corp. recently. The deal is estimated at 460millio dollars.

Generic drug manufacturing giant Actavis Group is planning to close its manufacturing facility in Baltimore region. The facility currently has 240employees.

As more Hispanic workers are migrating to Maryland in search of higher-paying jobs, injuries suffered by them at the workplace are also increasing.

Constellation Energy Group Inc. plans merger with FPL Group Inc. The impact of the merger on share price for shareholders of Constellation Energy Group Inc. is discussed.

Constellation Energy Group Inc. announces employee bonus upon consummation of its merger with FPL Group Inc. The details of the incentive plan are presented.

The reasons behind the growth of Constellation Energy Group Inc., under its chief executive officer Mayo A. Shattuck III are presented.

In the scenario of rising electricity charges, the business enterprises of Baltimore are planning to make purchasing cooperatives where the chamber of commerce or business association of the area decides to recruit business who want to buy electricity together. The chamber of commerce then offers the best possible rate of electricity for the partnerships. The details of the power buying partnerships are presented.

Business groups, which previously supported the idea of taxing large employers who employed above 10,000 employees and paid less than 8% of their salaries towards health benefits, are now backing out after the bill has been introduced in the House of Delegates and state Senate. In case the bill is enacted, it would affect Wal-Mart Stores Inc. mainly. The reason being cited for withdrawal of support by business groups is that they fear that in future the mandatory health care may be extended to even smaller establishments.

The product development of a tooth repair compound, NovaMin by dental school professors at University of Maryland, Baltimore is discussed. The benefits of the product as well likely demand for it in future is also discussed.

Gov. Robert Ehrlich cannot count on the unified support of the state's business community for his promised veto of a medical malpractice reform bill due to lack of unanimity dividing Maryland businesses on the issue. Doctors and hospitals support the bill but small businesses believe that the costs of the bill's two percent tax on premiums for HMO will be passed on to employers and workers.

700 new homes are being proposed for a downtrodden section of East Baltimore next to Johns Hopkins medical campus as part of a $1 billion plan to build a life sciences park. The housing units would be a mixture of apartments, town houses and condominiums, originally set by planners of the proposed New East Baltimore Community, which is slated to be built in a neighborhood plagued by high crime rates and boarded-up rowhouses.

Maryland and other East Coast research hot spots are apprehensive of losing scientists to California, which plans to spend $3 billion on embryonic stem cell research. Maryland is unlikely to have any state funding for embryonic stem cell research in the short term while California under Gov. Arnold Schwarzenegger who was an ardent supporter for the stem cell ballot initiative has voted to spend nearly $300 million a year over 10 years on embryonic stem cell research.

Three teams of developers are competing to develop $450 million worth first phase of the proposed massive new life sciences park next to the Johns Hopkins medical campus in East Baltimore in mid-November 2004. The overall project is designed to be 80 acres and is projected to cost $800 million to $1 billion.

Baltimore based health insurer CareFirst BlueCross Blue Shield is planning to offer health care plan for senior citizens. This new plan will provide full health insurance coverage.

University of Maryland, Baltimore is planning to construct new administration building with an investment of 27million dollars. This will facilitate its planned 328million dollar hospital facility in the region.

The Capricor Inc., a Luterville-based cardiac research center, raised $4 million from angel investors. The research center is planning to raise another $2million to support cardiac stem cell research.

Filing of suit by contractor firm Skanska USA Building Inc. against Baltimore Washington Medical Center over fees payment is discussed.

John Hopkins Health University's Wilmer Eye Institute is planning to construct new hospital building for increasing eye surgery cases. This building is expected to cost 88million dollars.

Managerial restructuring efforts of Elder Health Inc. are presented. The company also proposes initial public offerings.

University of Maryland (Baltimore) proposes to build fine arts building. Details of $132 million project are presented.

University of Maryland plans to construct office building. The details of $19.5 million project are presented.

The state of Maryland finalized the sale of 32 acres of unused land on route 100 near Baltimore-Washington Airport to Merritt Properties LLC, a commercial real estate firm. The details of the $6.05 million deal are presented.

Constellation Energy Group Inc., a Baltimore based energy firm is planning to construct an 18.8 million heating, cooling, and backup power plant for a major water front development in Canton, Baltimore, Maryland. The details of the proposed plant project are presented.

There is considerable support to the stem cell research funding from the business community of Maryland. The reason could be the rush in this area of research shown by other states like California. The religious opposition seems to have disappeared in the background.

Leo Brenninkmeyer, founder of the company Hispanic Compass is discussing about importance of knowing different languages for a Hispanic consultant.

Newly appointed chairman of CareFirst Inc., Michael R. Merson talks about his management strategies and future plans for his company.

A new tax regulation is proposed in Maryland, which levies tax on people with no health insurance and with high salaries. The details of the new policy are presented.

A profile of the construction company Forest City of East Baltimore, Maryland who build the leading biotechnology park in the place. The company specializes in building large complex mixed-use projects at high profile sites in all major states in the United States. The upcoming projects of the company are briefed.

Northwest Hospital Center in Baltimore County is planning a $50 million expansion project to meet growing demand for its existing health care services. Hospital officials state that the 52,000-square-foot addition would include four new state-of-the-art operating rooms, new waiting rooms, a CAT scanner and a new location for the hospital's existing intensive care unit.

Genetic engineering has infiltrated the laundry room. The result could be a detergent that tackles stains more effectively than products on store shelves today. Scientists are merely making an adjustment [...]