News in Frederick, Maryland

Profit margins seen to squeeze as profits surge

The AP reports high corporate profits and cash flow driven by tax credits and capacity use. Yet experts warn margins may narrow next year as industry expands capacity, wages rise, and productivity slows, with profits already up about 5 percent this year to over 44 billion dollars. In other brief items a deer eludes capture at a roadblock and the Temple of Dendur is donated to the United States in exchange for saving artworks endangered by the Aswan reservoir.