Business

WILMINGTON, Del. (AP) — A former Wilmington Trust executive has pleaded guilty to conspiracy to commit bank fraud in an investigation of the failed bank's lending practices.

Forty-five-year-old Joseph P. Terranova waived an indictment and entered his plea Wednesday. He faces up to five years in prison when sentenced Sept. 9.

Terranova is a former relationship manager in the commercial real estate group at Wilmington Trust, which was sold to M&T Bank Corp. in 2010 after its deteriorating loan portfolio left it on the verge of collapse.

BALTIMORE (AP) — Maryland's three casinos pulled in approximately $59 million in April.

The Maryland Lottery and Gaming Control Agency announced Monday that Maryland Live Casino in Anne Arundel County accounted for $46.6 million of the revenues. The Hollywood Casino Perryville generated $8.4 million. And the Casino at Ocean Downs generated $4 million.

Maryland Live opened in June 2012.

Copyright 2013 The Associated Press.

RICHMOND, Va. (AP) — A Virginia producer will supply the soybeans used to make a fermented breakfast food in Japan.

Gov. Bob McDonnell announced the new export agreement Wednesday between Montague Farms in Center Cross and Tokyo importer Sun-Tommy International Co. McDonnell is amid a trade mission that has brought him to Tokyo.

Financial details of the export deal were not released by the governor's office.