Tenable names new chief operating officer, reports increased loss in 4Q

Tenable Holdings Inc. has added a technology industry veteran to a key position on its executive team. The Columbia-based cybersecurity company named Mark Thurmond as its chief operating officer on Tuesday. In the role, he will lead global field operations including sales, professional services and technical support. Jack Huffard, one of Tenable's co-founders, was previously chief operating officer from 2008 to 2018. (Balt Bus Journal)

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Howard Street Tunnel project could be completed by 2024, port official says

A long-awaited expansion of the Howard Street Tunnel could be completed within five years if the Maryland General Assembly approves funding included in Gov. Larry Hogan's budget proposal. Brad Smith, general manager of strategic initiatives for the Maryland Port Administration, provided an update on the project to members of the Maryland Port Commission on Tuesday. Reconstruction of the 125-year-old tunnel would enable double-stacked container trains to travel to and from the booming Port of Baltimore, allowing it to reach its full growth potential. (Balt Bus Journal)


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Mount Clare Junction shopping center changes hands for $20M

A New York investment firm beat six other bidders to acquire Mount Clare Junction in Baltimore's Pigtown neighborhood this week for $20 million. The Southwest Baltimore retail hub in the 1200 block of West Pratt Street was purchased by an affiliate of the Carlyle Development Group less than three months after it hit the market in November. Carlyle is a private real estate equity firm based in Purchase, New York, that owns the Bank of America tower at 100 S. Charles St. and, through a subsidiary, the Redwood Tower downtown. (Balt Bus Journal)

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Downtown sports bar Bunzzz has been dark for two weeks. Here's why.

The Bunzzz Sports Bar & Grill downtown is closed — at least for now. The restaurant in the Gallery at Harborplace has been dark since Jan. 21 due to a leak in the kitchen, Angela Washington-Tallitsch, Bunzzz, co-owner and general manager, confirmed in an email Tuesday. Damage is severe, she said, and could take between one and four months to repair. Work began this week on the problem that was caused by a sewage leak in the neighboring space above the restaurant, she added. (Balt Bus Journal)

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Harbor East’s ‘Charleston’ Most Romantic Restaurant In Maryland

If you’re looking for a romantic spot for Valentine’s Day week in Baltimore, one food blog has deemed a Harbor East restaurant the place to go. The Daily Meal, a food blog and Pinterest named the Charleston, a fine dining restaurant right on the harbor, as Maryland’s most romantic restaurant to enjoy. “A romantic dinner isn’t just a meal, it’s an experience.” the blog said in their breakdown of the most romantic restaurant by every state in the U.S. (WJZ-TV)

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Guy Filippelli brings on another Baltimore startup founder to help lead fund

Another veteran startup leader is joining Squadra, a new venture capital fund led by former RedOwl CEO Guy Filippelli. Margaret Roth, formerly a founder and six-year executive at Baltimore data firm Yet Analytics, has been brought on to work closely with Squadra's portfolio companies. Roth joins Filippelli and Baltimore Angels' Mike Leffer as the third member of the new VC team. (Balt Bus Journal)

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Lockheed inks $2.34 billion Navy helicopter contract

Lockheed Martin Corp. (NYSE: LMT) will upgrade or replace a series of equipment packages for two models of the Navy's Sikorsky-produced helicopters as part of a $2.34 billion contract detailed Friday. The Navy contract, which has a five-year base period and one two-year option, calls on the Bethesda defense company to provide 1,049 weapon and nonweapon equipment assemblies and logistics services for the Navy’s MH-60R and MH-60S Seahawk helicopters. (Wash. Bus. Journal)

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Community Bank of the Chesapeake’s profits rise in Q4, 2019

The Community Financial Corp., the holding company for Community Bank of the Chesapeake, reported gains in net income in the fourth quarter and in 2019. For the three months ending Dec. 31, the company’s net income rose 7.9% to $4.1 million or diluted earnings per share of 73 cents, up from $3.8 million or diluted earnings per share of 69 cents in the fourth quarter of 2018. (Daily Record)

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