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Don't blame computers; blame humans
Economist Paul Krugman has questioned whether the economic malaise of the last five years could correctly be labeled as “the Excel Depression.” The short version of this theory is that a spreadsheet coding error led a couple of respected...
Tags: Lobbying, Twitter, Inc., Banking, Financial Markets, Politics
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Washington County Commissioners take action on two loan agreements
cj.lovelace@herald-mail.comThe Washington County Board of Commissioners on Tuesday unanimously approved two measures to remedy situations involving two businesses that have defaulted on county-issued loans — canceling one and extending another. By a 4-0 vote, the...Tags: Investments, Hagerstown (Washington, Maryland), Contracts, Loans, Maryland Department of Business and Economic Development
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Business people - March 3
Raymond James MARTINSBURG, W.Va. — Karen L. Coyne, of the Martinsburg office of Raymond James, recently completed the Level II program of the Institute of Investment Management Consulting certification series at Raymond James. By doing so, Coyne...
Tags: Investments, Finance, Economy, Business and Finance, Colleges and Universities, Consultancy Service
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Business Briefs - Sept. 23
J. Edward Cochran & Co., Keller Stonebraker Insurance Inc. Two of the oldest insurance brokerage firms in Maryland have merged their businesses. Keller Stonebraker Insurance Inc., founded in 1901, and J. Edward Cochran & Co., founded in 1918, combined...Tags: Hagerstown (Washington, Maryland), Cumberland (Allegany, Maryland), Ceremonies, Companies and Corporations, Lancaster County (Pennsylvania)
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Letter to the Editor - Aug. 7
Glass-Steagall wouldn’t have saved us from banking crisis To the editor: Allan Powell highlights one of economist Paul Krugman’s assertions that many of our current financial woes were caused by the repeal of the Glass-Steagall Act....Tags: Freddie Mac, Bank of America Corp., Banking, Countrywide Financial Corp., Business Institutions
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Business People - Aug. 12
Winchester Medical Center WINCHESTER, Va. — Hagerstown native Dr. Kenneth Saum joined the Winchester Medical Center medical staff as the medical director of thoracic surgery. A graduate of the Medical College of Virginia/Virginia Commonwealth...
Tags: Medical Specialization, Chest, University of Maryland Medical Center, U.S. Army, Oncology
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Allan Powell: Classical economics hits a 'bump'
The recent disclosure of JP Morgan Chase’s losses of more than $2 billion in a few weeks generated two types of alarm. One was that we were too lax in our regulatory measures that restrain risky investment bank speculation. Others were alarmed about...Tags: Investments, Christopher Dodd, Litigation and Regulation, Banking, Jamie Dimon
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Tom Firey: Did deregulation cause the recession?
In the summer of 2007, house prices in the United States began falling, ending a 15-year-long climb. Prices fell 5 percent by the end of the year and 15 percent by the summer of 2010. That decline continues today; this spring, house prices fell to 20...Tags: Lehman Brothers Holdings Inc., Investments, Finance, Litigation and Regulation, Economy, Business and Finance
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Washington County Commissioners stress commitment to business growth
heather.keels@herald-mail.comThe Washington County Board of Commissioners Tuesday stressed its commitment to helping existing businesses expand as they fielded questions from local business leaders at the first of two State of the County presentations. “We can hope for the...Tags: Investments, Transportation, Hagerstown (Washington, Maryland), Travel, Air Transportation
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A tale of two economies
dona@herald-mail.comWashington County in Maryland and Franklin County, Pa., share more than a border. Their populations and median household incomes are nearly the same and the economies are in many ways similar, but the unemployment rate continues to be much higher in...Tags: Companies and Corporations, Employers, United States Census Bureau, Waynesboro (Waynesboro, Virginia), Investments
Apr 27, 2013
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Apr 16, 2013
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Mar 3, 2013
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Sep 23, 2012
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Aug 7, 2012
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Aug 12, 2012
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Jun 1, 2012
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Jun 19, 2012
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Feb 7, 2012
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Aug 25, 2011
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Oct 26, 2011
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Jun 4, 2011
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