Annapolis boat show in October to feature used powerboats

The annual boat shows in Annapolis will feature a new event this year: A showing of used boats, mostly powerboats. (Capital)

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August 15 // O'Malley names energy executive to PSC

Gov. Martin O'Malley on Wednesday appointed Anne E. Hoskins, an executive with a New Jersey-based energy company, to the powerful board that regulates utility rates in Maryland. Hoskins, a Baltimore resident, would fill the vacancy left on the Public Service Commission when Kevin Hughes was named chairman of the agency. If confirmed by the Senate, her term would continue until June 2016. (Balt. Sun)

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Rawlings-Blake taps exec to help Horseshoe casino recruit city residents

An executive from a Baltimore nonprofit has been tapped by Mayor Stephanie Rawlings-Blake to oversee recruitment of Baltimore residents for jobs at Horseshoe Baltimore casino. Kanika Feaster will work with the casino’s operator to help find qualified Baltimore residents for the 1,700 jobs at the casino which is under construction on Russell Street south of M&T Bank Stadium. (Balt. Bus. Journal)

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Ravens worth $1.22 billion after Super Bowl victory

Winning the Super Bowl didn't do much for the value of the Baltimore Ravens, at least according to Forbes magazine. The team's now worth $1.22 billion, 6 percent more than last year's $1.16 billion, according to an annual calculation released Wednesday by the business magazine. (Balt. Sun)

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Perdue receives green honor

Candidates in the race for Maryland’s next governor gathered at Perdue Farms Inc. headquarters Wednesday to congratulate the company on its Platinum LEED building certification and campaign. The distinction from the U.S. Green Building Council was awarded to the company after it renovated its headquarters in an environmentally friendly way. (Daily Times)

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Millennial Media shares fall 19 percent on acquisition, earnings news

Shares of Millennial Media lost 19 percent of their value in trading Wednesday on news that the Canton mobile advertising company would buy a competitor mostly in exchange for stock, and that its losses widened in the second quarter. (Balt. Sun)

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Baltimore app developer aims to expand staff, forge partnerships with latest round

A Baltimore application developer has raised $2 million and will use the money to expand its client base, the Baltimore Business Journal reports. Woofound announced Monday it had raised $2 million from angel investors. CEO Dan Sines said the company will use the new funding to add a few more staff members and to expand the market for its online career tool that uses personality trait questions to help users find the right job.  (Wash. Bus. Journal)

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First Mariner post $1.48M loss as mortgage refis slow

First Mariner Bancorp lost $1.48 million in the second quarter as rising interest rates on mortgages meant less revenue because fewer homeowners refinanced their home loans. First Mariner’s loss compares with a profit of $5.67 million the company posted in second quarter 2012. (Balt. Bus. Journal)

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