Amazon Prime drones may start delivering in a matter of months, but not around HQ2

Amazon.com Inc. (NASDAQ: AMZN) wants to start delivery by drone in matter of months, but outside of D.C.'s distant exurbs, there will not be much opportunity for that type of service in Greater Washington. The company unveiled a new unmanned drone during Amazon’s re:MARS Conference in Las Vegas Wednesday. (Wash. Bus. Journal)

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Falls Church building sells for $21M-plus, and the broker points to HQ2

A 46,000-square-foot building on state Route 7 in Falls Church, currently leased in its entirety by a fitness center, has sold for $21.25 million, and it may be a development play going forward, KLNB announced Thursday. The property at 1000 E. Broad St. is home to a 24 Hour Fitness, which holds a lease with escalating rents that runs another nine years, per a KLNB release. The 3.1-acre property is zoned for up to four stories and multiple uses, including residential. (Wash. Bus. Journal)

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Sinclair Broadcast looks for boost from sports betting, CEO tells shareholders

Sinclair Broadcast Group aims to eventually be the nation's biggest media company and expects a significant boost from legalized sports betting as it spreads across the United States, the CEO of the Hunt Valley-based company told shareholders Thursday. “Sports betting is going to be a major tailwind for the company,” said Chris Ripley, Sinclair’s president and CEO, during an annual meeting attended by about a dozen shareholders at the broadcaster’s headquarters. (Balt. Sun)

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Baltimore's summer jobs program receives 11,000 applications from youths

More than 8,300 teenagers will get a job through Baltimore City's popular YouthWorks summer employment program this year. Jason Perkins-Cohen, director of the Mayor's Office of Employment Development, said the city received more than 11,000 applications, comparable to last year and still more than the number of jobs available. City residents ages 14 to 21 will work for five hours a day for five weeks through the YouthWorks program. About 1,000 jobs will be provided by the private sector, compared to 700 out of the 8,600 jobs provided last year. Bank of America, JPMorgan Chase & Co. and the Annie E. Casey Foundation are among this year's biggest financial supporters of YouthWorks. The Annie E. Casey Foundation donated $500,000. Bank of America and JPMorgan each contributed $100,000. (Balt. Bus. Journal)

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Michelin, GMC Developing Airless Tire To Eliminate Flats, Blowouts

Michelin and General Motors are looking to reinvent the wheel with a new airless wheel prototype that could make flat tires and blowouts a thing of the past. The Uptis Prototype, which stands for “Unique Puncture-proof Tire System,” was unveiled Tuesday at the Movin’On Summit in Montreal. The prototype looks like a conventional pneumatic tire, but has treads in the middle and no sidewalls. (WJZ-TV)

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Retail center north of Baltimore, Nottingham Commons, sells to Frankel Properties

Frankel Properties, a family-run real estate investment firm, has bought Nottingham Commons, a 131,270-square-foot retail center in the northern Baltimore suburbs anchored by MOM’s Organic Market, T.J. Maxx, DSW, Petco and Five Below. Frankel said it now owns about 800,000 square feet of real estate in Baltimore City and Baltimore, Howard and Harford counties that it has developed or purchased. (Balt. Sun)

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Four top executives resign at UMMS amid controversy over board member contracts

Four top executives at the University of Maryland Medical System have resigned amid investigations into accusations of self-dealing among the hospital network’s board members, the system announced Thursday. Those resigning are Megan Arthur, the system’s primary lawyer; Jerry Wollman, the chief administrative officer; Christine Bachrach, the system’s chief compliance officer; and Keith Persinger, the chief performance improvement officer. (Balt. Sun)

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'I just want to work': BSO musicians say threatened job cuts could disrupt lives, jeopardize needed healthcare

Baltimore Symphony Orchestra timpanist James Wyman fears that the unexpected loss of his salary this summer will delay scheduled surgery that could improve the hearing of his 7-year-old son. First violinist Holly Jenkins worries that she will struggle to make payments on $106,000 in student loans with the money she can scrape together this summer from dog-walking and private music lessons. And trumpet player Matt Barker was hit with a double whammy of bad news this week. Not only will he not get paid this summer, his teacher wife learned that her job will probably be eliminated. The couple are expecting their first child, a boy, in September. (Balt. Sun)

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