MedStar Health names new president of Harbor Hospital

Dr. Stuart M. Levine became president and chief medical officer at MedStar Harbor Hospital on Thursday, according to a statement from MedStar Health. Levine will also serve as senior vice president of MedStar Health, a 10-hospital system in Maryland and Washington, D.C. He succeeds Dennis Pullin, who left after eight years to become the president and CEO of Virtua, a New Jersey-based health care system. Levine joined the MedStar system in 2010 as a rheumatologist at MedStar Good Samaritan Hospital and vice chairman of strategic growth and research in the department of medicine for that hospital and MedStar Union Memorial Hospital. (Balt. Sun)

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Berkshire's HomeServices of America acquires Long & Foster

HomeServices of America, an affiliate of Berkshire Hathaway, has acquired The Long & Foster Cos., the largest U.S. private residential real estate firm in terms of sales volume. The acquisition greatly expands Minneapolis-based HomeServices’ footprint in the Baltimore and Washington markets, and the move will make it the largest home-seller based on transactions, according to the firm’s announcement Thursday. (Balt. Sun)

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Sagamore's Weller: Port Covington a 'perfect home' for Amazon HQ2

Port Covington would be the "perfect home" for Amazon's second corporate headquarters, says Sagamore Development President Marc Weller hours after the internet giant announced it was searching for a site for a $5 billion expansion. Weller said Sagamore was willing to work with the Maryland Department of Commerce and the city "to aggressively pursue this opportunity" for the internet giant's Amazon HQ2 to locate on the 266-acre south Baltimore peninsula acquired by Under Armour CEO Kevin Plank. (Balt. Bus. Journal)

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New Jersey company buys Chesapeake Bay Candle for $75 million

A New Jersey company has agreed to pay $75 million for Chesapeake Bay Candle, a maker of candles and fragrances that started in the Annapolis home of Chinese immigrants. Newell Brands of Hoboken said Thursday it has completed the purchase of the brand from its founders, David Wang and Mei Xu. Chesapeake Bay Candles is based in Rockville and operates a manufacturing plant in Glen Burnie. (Balt. Sun)

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Jos. A. Bank sales fall 6 percent in second quarter

Sales at Jos. A. Bank continued to decline in the second quarter but not as rapidly as they did the year before. Net sales fell 6.3 percent to $174.3 million for the Hampstead-based men's retailer in the quarter ending July 29. That's an improvement from the decline in the same quarter last year, when sales slipped 16.1 percent. Comparable sales increased 7.8 percent due to an increase in transactions and units per transaction, parent company Houston-based Tailored Brands Inc. reported late Thursday. (Balt. Bus. Journal)

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Chuy's joins Tex-Mex lineup in Annapolis restaurant market

Annapolis increasingly looks like a prime market for Tex-Mex. Chuy's, an Austin-based company now at 87 locations and building, plans to open its second Maryland location in November. The restaurant will take over a high-profile spot Festival at Riva, filling the vacancy at the corner of Riva Road and Forest Drive empty since Chili’s pulled out of Annapolis in 2015. (Capital)

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September 7 // Port Covington gets task force to ensure accessibility for people with disabilities

Brigance Brigade Foundation, a Hunt Valley-based ALS support organization, has been selected to lead an independent task force to ensure Port Covington is designed to meet accessibility needs of individuals with disabilities. The $5 billion redevelopment project by Sagamore Development Co., Under Armour CEO Kevin Plank’s private development firm, is expected to bring 4.1 million square feet of mixed-use development to the 235-acre site in South Baltimore and is an opportunity for developers to set a global model for accessibility, said Marc Weller, president of Sagamore Development, in a statement. (Balt. Sun)

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Sagamore Spirit Distillery's new restaurant sets opening date

Kevin Plank's Port Covington development will get a new restaurant with the planned Sept. 12 opening of Rye Street Tavern. The 13,000-square-foot, bi-level waterfront restaurant will be part of the Sagamore Spirit Distillery complex on the sprawling South Baltimore property that is expected to one day include apartments, parks, offices and Under Armour's world headquarters. Sagamore Development Co., Under Armour CEO Plank's development arm, is spearheading the $5.5 billion project. (Balt. Bus. Journal)

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