Amazon's truck carting "trendy, local" goodies is coming to Baltimore

Amazon's Treasure Truck, a service that gives customers a new option to purchase select, specialty items, is expanding to Baltimore. The Treasure Truck is filled with "trending, local or delicious," items hand-picked each day by Amazon staff. The idea is that Amazon customers can purchase one — and just one — of the specialty items on their smartphone, and then show up to wherever the truck is parked in the city that day to claim their order. (Balt. Bus. Journal)

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L.L. Bean to open in November in Pike & Rose

Outdoor retailer L.L. Bean will open its 22,700-square-foot store in Pike & Rose on Nov. 10, the company announced Monday. At 925 Rose Ave., the store will be next to a park and garden space in the North Bethesda development. The retail chain, which has nearly 40 stores across the country, sells outdoor apparel, camping equipment, travel products and other recreational accessories. The Pike & Rose store will be the only L.L. Bean in Maryland. (Bethesda)

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October 16 // Rutherford leading Maryland trade mission to Europe

Lt. Gov. Boyd Rutherford began a trade and diplomatic mission to Europe Friday with stops planned in France, Belgium and Estonia. Among the topics Rutherford will discuss with European officials are cybersecurity and opioid abuse. The latter has been a particular focus of Rutherford’s service as lieutenant governor, having led a task force on Maryland’s response to the problems of heroin and opioid abuse. (Balt. Sun)

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Local, state officials invest hundreds of hours to bid on Amazon's HQ2

With a Thursday deadline looming, state and local officials across the country are putting the final touches on their cities’ bids for Amazon’s coveted $5 billion headquarters and the promise of 50,000 jobs. Baltimore is one of dozens, if not hundreds, of cities that have collectively spent hundreds of thousands of hours gathering data, cobbling together incentive and crafting a unique pitch on a tight six-week deadline — all to bid on a project that only one will win. “It’s kind of like this massive poker game and everyone is all in,” said Andy Levine, president of Development Counsellors International, “regardless of what cards they’re holding.” (Balt. Sun)

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Montgomery County will not pay for flawed minimum-wage study

Montgomery County and a consulting firm it hired have mutually agreed that the county will not pay for a $149,000 flawed study that overestimated the number of jobs lost if the minimum wage was raised to $15 an hour. The county has declined to pay an invoice sent by the Philadelphia-based firm PFM, said Patrick Lacefield, a spokesman for County Executive Isiah Leggett (D). The decision was first reported by Bethesda Beat on Wednesday. “Basically because of the flaws, [the study] was not a useful product for us,” Lacefield said. “This is a better way for us to proceed.” (Wash. Post)

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Mayor's Squeegee Corps aims to get teens out of the street and into the ranks of entrepreneurs

As cars rolled into a parking lot off North Avenue in Baltimore on Saturday afternoon, a group of teens eagerly approached. They soon got to work with hoses, sponges and buckets of soapy water. The teens were part of Mayor Catherine Pugh’s Squeegee Corps, a program launched this summer to employ the “squeegee kids” who wash windshields in the streets for tips. “They have the entrepreneurial spirit, and they’re out here trying to earn money to meet their needs, just like any other individual,” said DeJuan Patterson, who works in Pugh’s office and is coordinating the program. (Balt. Sun)

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Two directors resign from Legg Mason board, after selling millions of shares

Two top executives of Shanda Group — which was previously Legg Mason’s largest shareholder — have resigned from the Baltimore money manager's board of directors, months after selling about half of their shares in the company. Tianqiao Chen, CEO of the Singapore-based investment firm, and Robert Chiu, the company's president, resigned from Legg Mason's board Thursday, according to a filling with the U.S. Securities and Exchange Commission. The move follows Shanda's private sale of nearly half of its shares in June. (Balt. Sun)

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October 13 // Maryland pledges 'biggest incentive offer in the state's history' to lure Amazon HQ2

Top state officials are preparing to offer Amazon.com a massive, historic tax incentive package if the retailer moves its second headquarters to Maryland. "It will be the biggest incentive offer in the state's history by a mile," said Douglass Mayer, spokesman for Gov. Larry Hogan, who declined to reveal details of the incentive package, citing competition from other states. (Balt. Bus. Journal)

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