Baltimore Sun Shutters Carroll County Times, Capital Gazette Offices, Moves Employees

The Baltimore Sun is closing the offices of the Capital Gazette and Carroll County Times and relocating the papers' staffs to Baltimore, a spokeswoman confirmed. "No changes have been made to our operations or staffing," spokeswoman Renee Mutchnik said in an email. Poynter reports that the Sun's parent, Tribune Publishing, has made similar real estate moves at other papers, shuttering the newsrooms of the New York Daily News and announcing the Orlando Sentinel would move out of its current headquarters. (WBAL)

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Gov. Hogan Encourages Marylanders To Buy Local Seafood In September

Gov. Larry Hogan is encouraging Marylanders to buy local seafood uring the month of September. He’s proclaimed Saturdays throughout the month will be “Buy Maryland Seafood Days”. The governor said support for the local seafood industry is important to the state’s economic recovery from the pandemic. (WJZ)


Some unemployed workers affected by fraud probe still without benefits a month after Maryland froze accounts

Some unemployed workers whose Maryland unemployment benefits were taken away due to an identity theft investigation still have not had their money restored, a month after the probe was made public. It’s not clear how many people were unwittingly swept up in the fraud investigation; the Maryland Department of Labor won’t say how many were affected. A department spokeswoman said more information would be provided when the fraud investigation is complete. (Balt Sun)

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Companies test antibody drugs to treat, prevent COVID-19

With a coronavirus vaccine still months off, companies are rushing to test what may be the next best thing: drugs that deliver antibodies to fight the virus right away, without having to train the immune system to make them. Antibodies are proteins the body makes when an infection occurs; they attach to a virus and help it be eliminated. Vaccines work by tricking the body into thinking there’s an infection so it makes antibodies and remembers how to do that if the real bug turns up. (Daily Record)

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Marriott hotel development slows as Covid-19 hits travel, financing markets

A struggling economy and uncertainty among hotel owners has led to a dramatic slowdown in the expansion of Marriott International Inc.'s pipeline as the hotel giant halted much of its development process in the U.S. More than 230,000 rooms in Marriott's (NASDAQ: MAR) pipeline were under construction in the second quarter, which was flat from the first quarter. However, with the company strapped for cash, CEO Arne Sorenson said they've put many development conversations on hold, especially in the U.S., for the time being. The Bethesda hotelier even canceled the company's standing domestic development meeting as the number of signings outside of the Asia Pacific region has fallen year-to-date. (Wash Bus Journal)

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Firstrust Bank opens first full-service branch in Md.

Firstrust Bank expanded its physical presence in Maryland Monday by opening up its first full-service branch in Towson at 32 West Pennsylvania Ave. The new office will be managed by Shan Vengadasubramaniyam, who has recently been named vice president, community banking manager. Prior to joining Firstrust, Shan was vice president of business development at The Harbor Bank of Maryland, where he managed the Maryland and Washington markets. Tim Abell, president of Firstrust Bank, said the company had been lending to the Maryland market for years, and three years ago opened a commercial real estate representative office in Annapolis. (Daily Record)

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World Central Kitchen Giving Out Meals To Crews, Neighbors

Times of tragedy can bring out the best in people. WJZ has been telling stories of how Baltimore residents are coming together to help those impacted by the deadly Baltimore gas explosion this week. Celebrity chef José Andrés and his non-profit World Central Kitchen are one of those hoping to help out- one meal at a time. They served more than 600 meals Monday night to first responders and neighbors (WJZ).

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Cellular Biomedicine Group to take company private in merger agreement

Cellular Biomedicine Group Inc., a biopharmaceutical firm in Gaithersburg engaged in the drug development of immunotherapies for cancer and stem cell therapies for degenerative diseases, announced Wednesday it has signed a definitive merger agreement to be acquired by a newly-formed entity consisting of the CEO and certain other members of CBMG management. Company CEO Bizuo “Tony” Liu  leads the consortium, which also includes CBMG management officials Yihong Yao, Li “Helen” Zhang and Chengxiang “Chase” Dai. The deal will take the newly formed company private. (Daily Record)

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