Baltimore-based Ellin & Tucker reveals relocation plan 

Ellin & Tucker, a Baltimore-based accounting firm, announced that it will move from its current location at 100 S. Charles St. to new quarters at 400 E. Pratt St. in September 2014. (Daily Record)

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August 13 // Maryland-D.C. gain manufacturing jobs following years of sharp declines

The Maryland-Washington, D.C., region gained nearly 700 manufacturing jobs in the last year, a new report says, reflecting a sharp reversal from a major decline during the recession. Industry trade publication Manufacturers’ News Inc. says the region gained 684 industrial jobs between May 2012 and May 2013, a less than 1 percent increase. Still, the small bump follows several years of steep declines. (Balt. Bus. Journal)

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Baltimore-area home prices rose 5.6 percent in July

Baltimore-area home prices rose in July to their highest level in five years as buyers competed for a limited supply of homes on the market, the region's multiple listing service said Monday. The median sales price grew 5.6 percent to $264,062 last month, from $250,000 in July 2012, in the city and five surrounding counties. (Balt. Sun)

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Sale of Annapolis-based Arinc likely to affect jobs

Rockwell Collins' $1.39 billion acquisition of Arinc likely will have some impact on the aerospace technology firm's 900 Anne Arundel County employees, but what that might be remained unclear Monday. (Balt. Sun)

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State business loan program praised and criticized

In the heart of Cambridge, the effect of a state program that lends money to small businesses in struggling neighborhoods is easy to see. There's Jimmy & Sook's restaurant with its award-winning crab cakes; My Favorite Things, where you can taste fine wines before you buy them, and a thriving reincarnation of the old Craig's Drugstore that still makes home deliveries to ailing customers. By financing these and other businesses, the program is helping to turn a depressed downtown district into a lively place. (Balt. Sun)

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John Lane passing the CEO reins at Congressional Bank

John Lane is passing the CEO baton at Bethesda-based Congressional Bank to the institution's president, Jeff Lipson, the bank announced Monday. Lane, who co-founded Congressional 10 years ago, will become vice chairman, focusing full time on "strategic value-adding activities" for the institution. (Wash. Bus. Journal)

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Hotel with emphasis on wellness planned for Rockville

A new hotel brand is seeking to attract “wellness-minded” travelers to a planned location in Rockville. InterContinental Hotels Group announced that the Twinbrook area is slated to get one of the first EVEN Hotels. (Gazette)

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ARINC's sale raises questions, optimism

The $1.39 billion sale of ARINC Inc. ends three years of speculation on the company’s new owners, but also raises questions about the company’s future in Annapolis. Rockwell Collins Inc., an Iowa-based manufacturer of aerospace electronic systems, announced it had purchased ARINC on Sunday. (Capital)

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