Washington, Baltimore bid for 2026 World Cup matches at FedEx Field, M&T Bank Stadium

Maryland’s two NFL stadiums could be the sites of FIFA World Cup matches come 2026, and executives in Washington, D.C. and Baltimore are working to make that happen. Washington and Baltimore are two of 32 cities vying to be named official host cities for a joint North American bid to host the 2026 World Cup. (Capital News)

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State senator aims to ease pain of Purple Line construction for Silver Spring small businesses

The businesses that line Bonifant Street in downtown Silver Spring are an eclectic bunch. A thrift store, a gun shop, restaurants and a couple of salons fill the low-rise buildings near the Silver Spring library. Soon they’ll all have one thing in common: Purple Line construction outside their front doors. (Bethesda)

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Redevelopment of former Owings Mills Mall site starts with announcement of a new Costco

The former Owings Mills Mall site will be redeveloped as an outdoor shopping center called Mill Station, a $108 million project to be anchored by a new Costco warehouse store. The project’s announcement Tuesday alleviates uncertainty in the community about the demolished mall, which closed in 2015. “We finally got something done here,” County Executive Kevin Kamenetz told a crowd gathered Tuesday at the development site off Interstate 795. (Balt. Sun)

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Under Armour footwear chief is latest executive departure

Under Armour Inc.'s footwear chief has stepped down, the latest executive departure as the sportswear maker continues to work through a restructuring plan. A spokeswoman for the Baltimore company said Tuesday that Ryan Drew has succeeded Peter Ruppe as senior vice president of the brand's footwear division. Drew was previously a vice president and general manager of Under Armour's basketball division. The Wall Street Journal first reported Ruppe's departure. (Balt. Bus. Journal)

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CBRE names successor to John Germano as head of the D.C. region

CBRE has tapped the head of its Manhattan market to replace John Germano overseeing the D.C. and Baltimore regions. Kyle Schoppmann, now Manhattan Market Leader and Head of Occupier Services for CBRE's New York Tri-State region, will step into her new post effective Jan. 1. She replaces Germano, who announced plans in August to retire at the end of the year. (Wash. Bus. Journal)

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Scully defends Howard Bank-First Mariner deal after receiving opposition

Howard Bank CEO Mary Ann Scully said the planned acquisition of First Mariner Bank will likely close in January as the bank faces opposition from an anti-poverty activist group. The Florida Minority Community Reinvestment Coalition in September sent a letter of opposition to the heads of the Federal Reserve Board, the Federal Deposit Insurance Corp. and the Federal Reserve Bank of Richmond opposing the deal. Ellicott City-based Howard Bancorp, the parent of Howard Bank, plans to acquire First Mariner in a $163.4 million deal that would create the seventh-largest bank in Greater Baltimore. (Balt. Bus. Journal)

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After hitting low, Under Armour shares gain some ground

Under Armour Inc. shares have been on a slight uptick over the last few days following a 24 percent plunge three weeks ago. Under Armour's stock was hit hard after the Baltimore sportswear maker announced its third quarter earnings and lowered its sales and earnings outlook for the remainder of 2017. The dip continued what has been a tumultuous year for Under Armour, which has seen its stock price fall 55 percent year-to-date — the worst of any public company in Greater Baltimore. (Balt. Bus. Journal)

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Performance Horizon relocates growing Baltimore office

Performance Horizon, a United Kingdom-based partner marketing software provider, has relocated its Baltimore office to a larger space in Highlandtown to accommodate its growth. The company is moving out of the Emerging Technology Centers space in the old Crown Cork & Seal factory into its own 7,000-square-foot space nearby at 31 N. Haven St. The move will allow the company to expand its Baltimore workforce to 40 people from about 30 now, said Jim Nichols, Performance Horizon’s chief marketing officer. (Balt. Sun)

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