Ciena Corporation

The economic crisis pushed Maryland's jobless rate to a 12-year high in October, the Labor Department said yesterday, but economists said even modest growth in the labor force kept unemployment from spiking further. Maryland's unemployment rate hit 5...

Ciena Corp. laid off 56 employees yesterday, including as many as 19 at its Linthicum headquarters, the communications networking company said. Suzanne DuLong, a Ciena spokeswoman, said yesterday that layoffs were companywide and included facilities in...

Tuesday: -- May consumer confidence -- Earnings: Apollo Investment Corp.; BMC Software Inc.; Borders Group Inc.; Coldwater Creek Inc.; Donaldson Co.; Phillips-Van Heusen Corp.; VeriFone Holdings Inc.; Vodafone Group PLC Wednesday: -- Federal Reserve...

It wasn't so long ago that stock options were the equivalent of corporate America's lottery. That still may the case be for a handful of Maryland executives. Among those who got mega-grants last year, Coventry Health Care Inc. CEO Dale B. Wolf...

KOCHAV YAAKOV, West Bank - The white van rolled past cement barricades, past a barbed-wire fence and an armed guard at the entry gate, past rows of cream-colored houses with red-tile roofs before pulling to a stop. Glenn and Gilla Jasper, a young Orthodox...

Northrop Grumman (7,100 Linthicum employees) The electronics sector of this California defense company is based in Anne Arundel County. This sector is responsible for the design, development and manufacture of defense electronics, precision weapons...

Despite an economic slowdown that's taken root nationwide, the outlook for the Baltimore area is for continued growth and low unemployment in 2001, local economic development officials and economists say. But that forecast depends heavily on the region'...

After outpacing the U.S. economy in three of the last four years, Maryland is expected to follow the nation's lead and experience a slight slowdown of its own this year. "There are signs that Maryland is now beginning to join the nation in a soft...

This is a planet of data gluttons. The latest estimates show Internet traffic - everything from e-mail to photos to full-length Hollywood films - is doubling every 100 days or so. And the thought of this tidal wave of ones and zeroes makes people such...

Last spring, Neil Sweren blew five months and $25,000 crafting a business plan for Fizbot.com, an online start-up he and his wife hoped would be their ticket to retirement by age 40. And why not? In cyberspace, millionaires were being minted nearly...

Places and prospects Housing How the housing sector will perform is critical to the area's economy. New homes drive demand for building materials such as lumber, siding, brick and Sheetrock, and fuel construction and supplier jobs. Consumers buying both...

Frank A. Adams is managing general partner of Timonium's Grotech Capital Group. The firm, which he founded in 1984, invests funding in start-ups and more established companies. SunSpot caught up with the longtime veteran of the local venture capital...