Gordon Ramsay's restaurant at Horseshoe getting ready to open

Baltimore Business Journal - Fri, Nov 17, 2017
Gordon Ramsay Steak will open in the Horseshoe Casino Baltimore at the end of the month. The new restaurant, which is replacing Jack Binion's Steak on the casino's first floor, has set a grand opening date of Nov. 29. Ramsay will be in town to mark the occasion with an RSVP-only menu tasting and meeting with members of the Orioles and Ravens. Gordon Ramsay Steak will be the first East Coast restaurant for Ramsay, the star of Fox's "Hell's Kitchen," "The F Word with Gordon Ramsay" and "MasterChef."…
Categories: Baltimore News

'Every crime is the city committing suicide slowly,' CBRE executive says of ongoing crisis

Baltimore Business Journal - Fri, Nov 17, 2017
Baltimore businesses need to lend support to stem the city's crime wave by hiring, training for jobs, NAIOP members are told.
Categories: Baltimore News

AFP names Mark and Patricia Joseph 2017 Outstanding Philanthropists

Baltimore Business Journal - Fri, Nov 17, 2017
Mark and Patricia Joseph won't have to look far to see who they have helped with their philanthropy. The couple on Friday were handed a book of nearly 3,000 names they have aided through their work and donations to Baltimore School for the Arts, Living Classrooms, Teach for America, Thread and other local charities. The Association for Fundraising Professionals Maryland honored the Josephs as its 2017 Outstanding Philanthropists, an honor that has been bestowed on some of the city's most charitable…
Categories: Baltimore News

Another cyber firm lands $1.5 million from DataTribe to commercialize product

Baltimore Business Journal - Fri, Nov 17, 2017
Maryland cyber firm ReFirm Labs is the newest member of the startup studio DataTribe, receiving a $1.5 million investment to support hiring and commercialization. DataTribe is a startup incubator model that gives cybersecurity companies space and funding to develop tools and techniques coming out of the federal intelligence community. It has now invested $1.5 million in ReFirm, a company that helps detect security vulnerabilities in firmware, the "brain" behind Internet of Things (IoT) devices or…
Categories: Baltimore News

Maryland loses 5,500 jobs in October as the unemployment rate holds steady

Baltimore Business Journal - Fri, Nov 17, 2017
Maryland lost 5,500 jobs in October, ending a streak of four consecutive months with job growth, according to data released Friday by the U.S. Department of Labor. Despite the loss of jobs, the state's unemployment rate held steady at 3.8 percent. The trade, transportation and utilities sector lost 3,200 jobs, the most of any sector. Professional and business services lost 2,500 jobs and leisure and hospitality decreased by 1,400. The financial activities sector also lost 500 positions. Education…
Categories: Baltimore News

Your office may soon have its own barista and dog

Baltimore Business Journal - Fri, Nov 17, 2017
'The idea is to make the space alive and buzzing with energy,' says a local commercial real estate broker.
Categories: Baltimore News

Downtown's Maryland Life Building sells for $901K

Baltimore Business Journal - Fri, Nov 17, 2017
New York real estate developer Acumen Capital Partners LLC purchased the 19,009-square-foot office building for $901,000.
Categories: Baltimore News

Baltimore pharmaceutical company acquiring North Carolina firm for at least $27 million

Baltimore Business Journal - Fri, Nov 17, 2017
Baltimore pharmaceutical company Cerecor Inc. is acquiring another drug maker for up to $27 million in cash and common stock. Cerecor is buying TRx Pharmaceuticals LLC, a company based in North Carolina that was projected to do about $13 million in net sales this year. The transactions are expected to close today. Under the terms of the deal, Cerecor (Nasdaq: CERC) will make pay an initial $23 million for the purchase of TRx — $18.9 million in cash and $4.1 million in Cerecor common stock. The…
Categories: Baltimore News

Personal improvement for entrepreneurs

Baltimore Business Journal - Fri, Nov 17, 2017
Here are a few tips and resources for improving yourself alongside your business.
Categories: Baltimore News

Tenable moving HQ to downtown Columbia

Baltimore Business Journal - Fri, Nov 17, 2017
Fast-growing cybersecurity firm Tenable plans to relocate its headquarters to downtown Columbia as part of an ongoing major redevelopment. Tenable, currently located in the Columbia Gateway business park, will take about 150,000 square feet on the top six floors of a new 12-story, 350,000-square-foot building. The firm is scheduled to relocate when the building is complete in the third quarter of 2019. The new building, at Little Patuxent and Broken Land parkways, will join One and Two Merriweather…
Categories: Baltimore News

Steps to make giving season go further

Baltimore Business Journal - Fri, Nov 17, 2017
While there is no wrong answer when it comes to philanthropy, the vehicle in which you choose to contribute can dramatically impact the effectiveness and personal benefit of that gift.
Categories: Baltimore News

How I created my ‘destination cocktail’

Baltimore Business Journal - Fri, Nov 17, 2017
Sandy Mazza is keeping summer alive with her coconut rum drink.
Categories: Baltimore News

Here are the largest nonprofits in the Baltimore area

Baltimore Business Journal - Fri, Nov 17, 2017
Catholic Relief Services remains the largest nonprofit in the Baltimore area. The nonprofit reported $495.32 million total 2016 assets and $870.32 million 2016 revenue. There are four nonprofits new to the List of largest nonprofits this year: Lexington Market Inc., Port Discovery Children's Museum, MedChi, The Maryland State Medical Society and the Hearing and Speech Agency. MedChi, The Maryland Sate Medical Society is also the oldest nonprofit on the List, founded in 1799. Below, you can see…
Categories: Baltimore News

National Aquarium CEO says dolphin move, 'floating wetlands' project on track

Baltimore Business Journal - Fri, Nov 17, 2017
The National Aquarium's plans to build a waterfront campus are on track to be complete in 2020 or 2021, Aquarium CEO John Racanelli said this week.
Categories: Baltimore News

8 things you need to know this morning

Baltimore Business Journal - Fri, Nov 17, 2017
TGIF. Expect temperatures to warm up a bit over the weekend. That's perfect if you're planning on heading to the Baltimore Farmers Market to buy food for your Thanksgiving Day meal. Here's what else you need to know as you get ready to end this long week.
Categories: Baltimore News

Lord & Taylor closing Annapolis store

Baltimore Business Journal - Thu, Nov 16, 2017
The Lord & Taylor in Annapolis, one of two of the luxury department store chain's remaining locations in the Baltimore area, plans to close next year. The closure of the store at the Westfield Annapolis shopping mall will result in the loss of 141 jobs, according to the state's labor department and the company. The store will shutter between April 15-28. "Through the regular course of business we continually evaluate opportunistic transactions with our real estate assets and, from time to time,…
Categories: Baltimore News

Baltimore wins grant to launch hotel apprenticeship program for youth

Baltimore Business Journal - Thu, Nov 16, 2017
Baltimore will be one of a handful of cities to participate in a new apprenticeship initiative that aims to pair local youth with jobs in the hotel industry. The American Hotel & Lodging Association and Maryland Hotel Lodging Association on Thursday awarded $50,000 to Baltimore nonprofits who will identify and train young adults to fill openings at hotels throughout the state. Lodging association officials joined with nonprofit leaders and Maryland Labor, Licensing and Regulation Secretary Kelly…
Categories: Baltimore News

Doug Humphrey looks to invest in entrepreneurs who have already failed

Baltimore Business Journal - Thu, Nov 16, 2017
As an investor, Humphrey said it is important to remember that the team or CEO behind an idea are often more important than the idea itself.
Categories: Baltimore News

How stock picker Kris Jenner navigates a risky health care sector

Baltimore Business Journal - Thu, Nov 16, 2017
The former star portfolio manager at T. Rowe Price Group Inc. was one of four stock pickers — including Bill Miller — who participated in the Baltimore Next Generation Investing Event on Wednesday.
Categories: Baltimore News

Latest MASN appeal dismissed, sending case back to MLB arbitration panel

Baltimore Business Journal - Thu, Nov 16, 2017
The New York Court of Appeals on Thursday dismissed a bid by MASN to appeal as a matter of right a prior decision, returning the long-running media dispute with the Washington Nationals back to MLB’s internal arbitration panel. The ruling was made on the grounds that the Orioles-controlled MASN did not have constitutional grounds to appeal in this fashion. The regional sports network has already refiled its appeal under another form as it continues to seek a neutral forum to rehear the matter…
Categories: Baltimore News

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