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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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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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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Owings Mills developer and partner to build more than 1,250 apartments

Chesapeake Realty Partners of Owings Mills said it has partnered with Bernstein Management Corp. in Washington to build six apartment communities in Maryland, Virginia and Washington. The $250 million project calls for the construction of four apartment communities in Maryland. Those include 153 lofts at 2 E. Wells St., in Baltimore; 295 units in Towson; 124 apartments in Silver Spring; and a 320-apartment complex Columbia. (Balt. Sun)

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Propel Baltimore invests in startups SocialToaster, Woofound

Two Baltimore startups each received $200,000 from the Propel Baltimore Fund. The fund, backed by the Maryland Technology Development Corp., The Abell Foundation and the France-Merrick Foundation, recently invested $200,000 in SocialToaster Inc. and in Woofound Inc. The Propel Baltimore investments are part of larger fundraising rounds for both companies. (Balt. Bus. Journal)

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Target to hold job fair to hire for new Baltimore store

Target plans to hold a job fair this week to hire about 200 workers for its new store in Baltimore. The job fair will be held 11 a.m. to 7 p.m. on Thursday and Friday and 9 a.m. to 5 p.m. on Saturday at the Best Western, 5625 O'Donnell St. People can apply in advance online at Target.com/careers. (Balt. Sun)

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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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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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