March stirs up more home sales in Washington County

Washington County home sales and prices both rose in March, while the number of sales fell statewide. The latest monthly report was released Tuesday by Maryland Realtors. While it showed an overall drop in sales, it reported higher home prices in most areas. "While the active inventory across the state continues to be below what is considered a normal level, we are seeing steady increases in home prices across the region," Maryland Realtors President Boyd Campbell said in a news release. (Herald-Mail)

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April 13 // Port of Baltimore sets 38-year record for amount of public, private cargo handled

The port of Baltimore handled 38.4 million tons of cargo at its public and private marine terminals last year, more than any year in nearly four decades, the state announced Thursday. Valued at $53.9 billion, the cargo fell just short of the record cargo tonnage in 1974 and 1979 — which were the most ever, officials said. “The Port of Baltimore continues to be a leading economic engine for our state, supported by tens of thousands of hard-working Marylanders,” Gov. Larry Hogan said in a statement. (Balt. Sun)

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Seven new medical marijuana dispensaries approved in Maryland — including two in Baltimore

Maryland marijuana regulators approved this week the opening of seven new medical marijuana dispensaries, including two in Baltimore. The Maryland Medical Cannabis Commission granted final approval for the seven dispensaries and for a new processor at its most recent meeting on Tuesday. The new dispensaries in Baltimore are ReLeaf Shop, which is opening April 20 at 1114 Cathedral Street in Midtown-Belvedere, and Culta, which plans to open at 215 Key Highway in Federal Hill. (Balt. Sun)

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New York investment bank Goldman Sachs considers involvement in Mondawmin Mall

An official with Goldman Sachs, the New York investment bank that is helping develop the massive Port Covington complex in South Baltimore, said Thursday the bank is looking at other sites in Baltimore, including the space at Mondawmin Mall left empty in February when the retail giant Target closed its doors. The closure of the popular discounter was a blow to West Baltimore, and city officials have been working to fill the space. Mayor Catherine E. Pugh said this week that she raised the idea of a movie theater in Mondawin in a meeting with Goldman Sachs officials. (Balt. Sun)

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After legal battle, Ford licenses hybrid engine technology from Baltimore-based tech firm, Abell Foundation

Ending a long-running legal battle, Ford Motor Co. agreed to pay a Baltimore-based technology firm and the Abell Foundation to use a hybrid engine technology. The value of the licensing deal, announced Thursday, was not disclosed but likely runs into the millions of dollars over time. Paice LLC, a pioneer in hybrid engine systems that grew out of a University of Maryland incubator, now licenses hybrid technology used in four of five gasoline-electric hybrid vehicles on U.S. roads. (Balt. Sun)

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Ellicott City business advises international team how to rebound from natural disaster

As visitors from Bangladesh, India, Nepal and Sri Lanka stood in a circle Wednesday in a clothing boutique in historic Ellicott City, they looked to shop owner Tammy Beideman for advice on surviving a natural disaster. The seven-member delegation from South and Central Asia — citizens of countries at risk for such calamities as earthquakes and cyclones — included a state emergency operations director from India, the director of a green school in Nepal, an urban planner and disaster management specialist from Mumbai and the deputy director of a television network in India. (Balt. Sun)

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Pikesville company ordered to pay nearly $500,000 for violating Medicaid fraud settlement

A Pikesville-based health care company and its owner have been ordered to pay nearly $500,000 after violating a 2014 settlement agreement in a Medicaid fraud case, Attorney General Brian E. Frosh announced Thursday. Bernadette Nwanguma and her firm, A1 Reliable Medical & Healthcare Services Inc., at 222 Milford Mill Road, failed to comply with the terms of a 2014 settlement agreement, the attorney general said in the announcement. The violation resulted in a $491,922 judgment against the company. (Balt. Sun)

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Sprouts hiring more than 140 people for new Towson store

Sprouts Farmers Market is hiring more than 140 people for its planned Towson store, the second in Maryland. The 30,000-square-foot store is under construction at 803 Goucher Road and is expected to open in July. The space was formerly occupied by hhgregg, the defunct electronics and appliance retailer. Sprouts' Ellicott City store opened in March — the first for the Phoenix, Arizona-based Sprouts in the mid-Atlantic. (Balt. Bus. Journal)

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