8 things you need to know this morning

Baltimore Business Journal - 2 hours 4 min ago
Good morning and happy Friday! The fall-like weather will continue today with a high of 69 degrees and partyly cloudy skies, though we could see some showers late tonight. The forecast is pretty good for the Baltimore Marathon tomorrow with a high of 69 degrees and mostly cloudy skies. (This also serves as your official reminder that the Baltimore Marathon is tomorrow, so be prepared for plenty of street closures. You can check out an interactive map here.) Sunday will be the coldest day of the…
Categories: Baltimore News

Sinclair Broadcast CEO talks sports programming, media consolidation at industry conference

Baltimore Business Journal - 2 hours 28 min ago
Rather than trying to be a major player in all types of programming, Hunt Valley-based Sinclair is “focused on winning in the areas where we’re strong in,” said CEO Chris Ripley.
Categories: Baltimore News

Why 'life planning' should factor into your retirement strategy

Baltimore Business Journal - 2 hours 33 min ago
Life planning is the non-financial aspect of preparation that may be the missing element to having an enjoyable retirement.
Categories: Baltimore News

Prince George's planning board details maglev concerns

Baltimore Business Journal - 2 hours 38 min ago
Prince George’s County planning officials have submitted a list of concerns to the Maryland Department of Transportation about plans to build a $12 billion high-speed train connecting Baltimore and D.C. Prince George’s County Planning Board Chairwoman Elizabeth Hewlett, in a four-page letter following a staff review last week of the project’s two proposed routes — connecting the two cities by superconducting magnetic levitation train technology in 15 minutes — does not squarely come out…
Categories: Baltimore News

Emails point to more direct presidential involvement on FBI headquarters

Baltimore Business Journal - 2 hours 48 min ago
House Democrats released emails Thursday pointing to what they say is more direct involvement by President Donald Trump in the about-face decision to keep the FBI's headquarters in downtown D.C. instead of moving it to a suburban location in Maryland or Virginia. A letter sent Thursday by Rep. Elijah Cummings, D-Md., the ranking member of the House Committee on Oversight and Government Reform, among others, raises "serious concerns" about Trump's role in the abrupt decision to keep the nation's…
Categories: Baltimore News

International Downtown Association bringing annual conference to Baltimore in 2019

Baltimore Business Journal - Thu, Oct 18, 2018
The International Downtown Association plans to bring its annual conference to Baltimore next fall, an event expected to draw around 700 attendees from across the world. The conference and trade show focuses on best practices and management operations for organizations focused on the economic vitality of downtown areas. The Downtown Partnership of Baltimore announced the event was coming to town at its annual meeting Thursday evening at the new One Light Street tower. The event is scheduled for…
Categories: Baltimore News

The Ravens will now only serve McCormick condiments at M&T Bank Stadium

Baltimore Business Journal - Thu, Oct 18, 2018
McCormick & Co. Inc. is expanding its sponsorship with the Baltimore Ravens, a deal making it the exclusive condiment provider at M&T Bank Stadium. Starting with this Sunday's home game against the New Orleans Saints, the flavoring company's Frank’s RedHot Sauce and French’s ketchup and mustard brands will be available at all concession areas throughout the 71,000-seat stadium. McCormick's Stubb's Bar-B-Q Sauces will also be available later this season. The long-term deal between the two Baltimore…
Categories: Baltimore News

Dooby's owner gets city liquor board OK for new Broadway Market stall

Baltimore Business Journal - Thu, Oct 18, 2018
Dooby's owner Phil Han is moving forward with plans to open a new concept at the Broadway Market in Fells Point. The Baltimore City Board of Liquor License Commissioners granted the project a Class B beer, wine and liquor license Thursday. Han said the eatery will serve New American brunch food, with a drinks menu offering coffee, beer and cocktails. The still-nameless concept will be located in the center of the market's north shed, which is in the midst of a $3.2 million redevelopment helmed…
Categories: Baltimore News

Here's a first look inside M&T Bank's new offices at One Light Street tower

Baltimore Business Journal - Thu, Oct 18, 2018
M&T Bank's move into its new offices at the $170 million One Light Street tower is essentially complete. The Buffalo, New York-based bank signed a 15-year lease with two five-year renewal options to occupy 155,000 square feet across six floors in the all-glass building developed by Madison Marquette. More than 600 employees moved from the bank's old space at 25 S. Charles. The bank had been in its old space since a predecessor bank, First National Bank of Maryland, moved there in the 1970s. Augie…
Categories: Baltimore News

T. Rowe Price funds up stake in Tesla despite Elon Musk controversy

Baltimore Business Journal - Thu, Oct 18, 2018
Tesla CEO Elon Musk was fined $20 million by the Securities and Exchange Commission last month.
Categories: Baltimore News

Port of Baltimore sets new monthly record for cars

Baltimore Business Journal - Thu, Oct 18, 2018
The Port of Baltimore set a new monthly record in August for cars, eclipsing an all-time high set earlier this year. The state-owned marine terminals handled 65,281 cars and light trucks during the month, up from the previous record of 61,058 in May. The Port of Baltimore handles more cars and light trucks than any other U.S. port. The port's combined public and private auto terminals handled more than 807,000 cars and light trucks last year. Automotive makers shipped through the port include…
Categories: Baltimore News

Maryland Sears store closures: Vacant space or 'opportunity'?

Baltimore Business Journal - Thu, Oct 18, 2018
"You have to figure out what it needs to be next," says local real estate executive Thomas H. Maddux.
Categories: Baltimore News

Annie E. Casey Foundation taps new president

Baltimore Business Journal - Thu, Oct 18, 2018
Lisa Hamilton has been named the new president and CEO of the Annie E. Casey Foundation, the organization's Board of Trustees announced Thursday. Hamilton, who was previously the foundation's executive vice president and chief program officer, will begin in her new position on Jan. 1. She succeeds Patrick McCarthy who will retire after 25 years at the foundation. The Baltimore-based Annie E. Casey Foundation provides grants to help solve problems facing children and families in poverty such as…
Categories: Baltimore News

Port Covington nabs three tenants as it strives to be 'Cyber Town USA'

Baltimore Business Journal - Thu, Oct 18, 2018
Three Maryland companies are relocating to Port Covington, part of a plan to create one of the country's top cybersecurity hubs at the 235-acre waterfront development. Fulton-based cyber incubator DataTribe and Silicon Valley-born cyber investment firm AllegisCyber have both committed to moving to the South Baltimore project as it begins to take shape. They hope to help establish Baltimore as a global destination for technology and cybersecurity companies — "Cyber Town USA." Evergreen Advisors,…
Categories: Baltimore News

Dundalk incubator looks to draw more small businesses to historic district

Baltimore Business Journal - Thu, Oct 18, 2018
The incubator, called the Forge, was conceived as a way to help some local business owners looking to grow.
Categories: Baltimore News

Fells Point businesses say they'll stay open on Halloween night

Baltimore Business Journal - Thu, Oct 18, 2018
Fells Point is back in business for Halloween. Last year saw more than a dozen bars and restaurants in the waterfront neighborhood shut down early on Halloween night out of concern that the rowdy revelry of past years would repeat itself. But as the holiday approaches this year, crime is down in Fells Point and many business owners say they plan to stay open. "We have not heard from anyone that they feel they need to close down," said Misty Keens, the executive director of Fells Point Main Street,…
Categories: Baltimore News

Viewpoint: Looking for something to do in Greater Baltimore? Check out these three things

Baltimore Business Journal - Thu, Oct 18, 2018
Over the last few weeks I've visited several new places and events, three of which stand out to me in particular. I thought I might share them here with the goal of further spreading all the cool things we have here in Greater Baltimore.
Categories: Baltimore News

M&T Bank CFO: Boston, New England is an 'attractive market'

Baltimore Business Journal - Thu, Oct 18, 2018
Buffalo-based M&Bank keeps building business in the Boston market, according to chief financial officer Darren King.
Categories: Baltimore News

Water Cooler Talk: Practical steps for using innovation in your everyday life

Baltimore Business Journal - Thu, Oct 18, 2018
This book discusses innovation not as theory, but as a tool and a process for addressing complex social issues, business development and market expansion.
Categories: Baltimore News

This $2.6 million Deep Creek mansion will sell to the highest bidder

Baltimore Business Journal - Thu, Oct 18, 2018
A massive home situated on the edge of Maryland's Deep Creek Lake will go to auction later this month after being previously listed for $2.69 million. The six-bedroom mansion spans 13,215 square feet of indoor and outdoor space that includes a private dock. It is located at 3415 Shingle Camp Rd. The estate will sell without reserve, and bidding will take place via an online marketplace beginning Oct. 25 through Oct. 29. Nina Beitzel and Russell Bounds of Railey Realty are the listing agents on…
Categories: Baltimore News

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