Utility contracting drops among diverse-ownership firms

Maryland utilities participating in a voluntary program that encourages the use of suppliers owned by minorities, women or disabled veterans spent 11 percent less on contracts with such businesses last year even as total contracting grew modestly. The figures, released Tuesday by the state Public Service Commission, struck an off note in an otherwise celebratory commission hearing that marked the 20th anniversary of supplier diversity efforts. (Balt. Sun)

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AAMC plans $28 million cut to combat high health care costs

Anne Arundel Medical Center will cut expenses by $28 million during the next fiscal year, a move that will reduce employee hours and spending and possibly eliminate jobs. All departments at the Annapolis-area hospital have been ordered to reduce costs by 6 percent, said Chad Dillard, an AAMC spokesman. (Capital)

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Streamside developer looking for support in Clarksburg

The owner of the new Bennigan’s restaurant in Clarksburg’s historic district likes the possibility of Tanger high-end fashion outlet stores, restaurants, housing and a possible hotel rising to the west in a complex called Streamside. “The historic district right now is crumbling without sewer and extra development,” said Bette Buffington, a Bennigan’s co-owner, who also owns the Re/Max Realty Centre in the same building on Md. 355. Buffington enthusiastically supports a concept plan by The Peterson Companies to develop the neighboring Miles-Coppola property of fields and woods at the northeast corner of Interstate 270 and Md. 121. (Gazette)

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Baltimore Grand Prix inks club deal with Kona

Kona Grill has inked a deal with the organizers of the Grand Prix of Baltimore to create a special club at the Pratt Street restaurant during the three-day Labor Day racing weekend, Aug. 30 to Sept. 1. The restaurant, which is along the 2-mile race course, will feature the Kona Grill Turn One Club offering race fans special access to the restaurant, a three-day paddock pass and reserved seats in Grandstand 3. (Balt. Bus. Journal)

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Treasury Dept. program boosts small-business lending in Maryland

A U.S. Treasury Department program boosted small-business lending by community banks in Maryland by almost $337.7 million since the depth of the recession, the agency said Tuesday. (Balt. Bus. Journal)

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Judge: Marley Station must turn over deed on old Boscov site

The way Deepak Jain sees it, last year he paid $1.5 million for the largest single space at Marley Station mall. And on Friday, an Anne Arundel County judge ruled the mall has to turn over the deed. It’s the latest development in the relationship between one of the area’s largest retail centers, and its biggest — decidedly not retail — stakeholder. (Capital)

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Harris Teeter to be acquired by Kroger in $2.5 billion deal

Kroger Co.'s planned acquisition of Harris Teeter Supermarkets Inc. will allow it to capitalize on Harris Teeter's growing presence in the Baltimore-Washington market, but consumers will see few, if any, changes in existing stores. Kroger, the biggest U.S. supermarket operator, said Tuesday it would buy the Charlotte, N.C.,-based regional chain in a $2.5 billion deal that will raise its store count in the Southeast and Mid-Atlantic. (Balt. Sun)

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Prometric opens $12M Baltimore County facility

Test development firm Prometric Inc. has opened its $12 million facility in Baltimore County and has hired 100 new employees as part of the new location. A total of 250 people will work at Prometric’s new global operations hub in White Marsh. (Balt. Bus. Journal)

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