New Potomac Edison president overseeing many projects

Potomac Edison, like many companies, is seeing business pick up after the recession. “We saw a big reduction in 2008, but now it is starting to go up,” said James A. Sears Jr., who took over as president of Potomac Edison a few months ago. The increased business is primarily residential, Sears said. (News-Post)

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Annapolis-based flight systems firm Arinc sold for $1.39 billion

Rockwell Collins Inc, a supplier of avionics and other electronic systems for commercial and military aircraft, has agreed to buy aerospace communications firm Arinc Inc for $1.39 billion from the Carlyle Group LP. Annapolis-based Arinc employs about 900 people in Anne Arundel County. (Reuters/Balt. Sun)

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From Fisher’s Popcorn, different business models, but the same taste

The Fisher’s Popcorn in Ocean City, Md., is less than nine miles away from the Fisher’s Popcorn in Fenwick Island, Del. The two shops use the same recipe, are owned by members of the same family and often share items such as corn syrup and butter. And in recent years, each has carved out its own approach to drumming up sales and remaining relevant long after the summer beach crowds have gone home. (Wash. Post)

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Shoppers to get weeklong break on state sales tax

Organizers of Maryland's tax-free shopping week are aiming to give back-to-school buying in August the kind of boost that Black Friday gives to holiday spending each fall. Now in its fourth year, the annual tax holiday gives consumers a break on the state's 6 percent sales tax on most apparel and footwear priced up to $100. The week runs Sunday through next Saturday. (Balt. Sun)

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Tax Foundation blasts tax holiday 

Shoppers might save 6 cents on every dollar if they purchase certain clothing and shoes during this week’s sales tax holiday in Maryland. But a recent report released by the Washington, D.C.-based Tax Foundation calls Maryland’s tax-free shopping week and similar holidays promoted by 16 other states a poor substitute for meaningful tax reform, casting doubt on the benefit of the annual weeklong break. (Daily Record)

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Bill Miller's fund is beating the market once more

During the depth of the 2008 financial crisis when Bill Miller's funds were in free fall, a colleague advised him to get a dog. "I needed to change my luck," said the Legg Mason money manager, famous for beating the market 15 years in a row. "I reasoned that to have a bull market, you need a 'bull' dog of some sort." It's not just the market that's up these days. Miller's Legg Mason Opportunity Trust, which he has managed since its inception in 1999, also is on top. (Bat. Sun)

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Work said to begin on city waste-to-energy plant

Construction began this week on a trash-burning power plant in South Baltimore, meeting a state-imposed deadline, a company spokeswoman said. But permits the city issued years ago to build the controversial 160-megawatt facility have expired, raising questions among environmentalists opposed to the project of whether the developer actually met the state's timetable. (Balt. Sun)

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Recycling: What happens to all those plastics and cans?

Ever wonder how the jumble of recyclables tossed in your one-bin-takes-all cart gets sorted so it all can be shipped off to become new products? The answer is inside a building in Howard County which receives much of the recyclable material collected in Frederick County. Winding through the 50,000 square-foot Recycle America plant off U.S. Route 1 in Elkridge is an ingenious array of conveyor belts interspersed with a series of staged mechanical and magnetic filters. (News-Post)

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