Legg Mason board member Peltz to host Trump’s $10M fundraiser

Legg Mason board member Nelson Peltz will open his oceanfront Palm Beach mansion to President Donald Trump and wealthy donors Saturday for a dinner that’s expected to raise more than $10 million. About 30 people reportedly will attend the Florida event featuring Trump, who is to pose for photos with donors to support the president’s campaign for re-election this coming November. (Balt. Bus. Journal)

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Mark Wahlberg-backed fitness concept coming to Baltimore

A fitness concept with ties to Hollywood actor Mark Wahlberg is opening a location in Baltimore this summer. F45 Training will occupy a 2,500-square-foot studio at Marketplace at Fells Point, an apartment complex at 622 S. Broadway, when it opens in June. (Balt. Bus. Journal)

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The Voxel theater arrives in Baltimore’s Charles Village after $2.6M renovation, ‘a labor of love’

Christopher Ashworth remembers the day he got the idea to open a theater in Baltimore. “I was walking down Guilford Avenue and it came to me,” he said of the project begun five years ago. That dream was fulfilled this week when The Voxel, a black-box theater incubator and teaching center, opened at 25th and Charles streets. (Balt. Sun)

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Pentagon drops opposition to new rules that would further restrict tech sales to Huawei

The Pentagon has dropped its objections to a Commerce Department proposal to further restrict U.S. technology sales to Chinese telecom giant Huawei, raising the odds that the proposals will advance, people familiar with the matter said. The Department of Defense had previously opposed Commerce’s recommendation, saying it would ultimately hurt U.S. semiconductor companies, which the Pentagon relies on to help produce cutting-edge military tech. (Wash. Post)

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Port of Baltimore had a record-breaking 2019 with plans to grow

The Port of Baltimore handled 43.6 million tons of international cargo in 2019 — a new record for the combined amount moved through the state- and privately-owned marine terminals. The high figure was boosted by an increase in the number of containers, as well as the high number of cars and trucks handled at the port, according to a Wednesday release. Officials are confident those numbers will continue to rise in coming years as several expansion projects are completed and come online. (Balt. Bus. Journal)

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Commerce Secretary worries Md. won't be 'in the game' if state kills incentives

Maryland Secretary of Commerce Kelly Schulz was fired up Wednesday as she implored state lawmakers to back off of a plan to eliminate various economic incentives used to attract and retain businesses. Schulz tossed aside her scripted talking points to address what she said is "a big misconception about what we do at the Department of Commerce." (Balt. Bus. Journal)

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Baltimore Mayor Pugh used boutique co-owned with city comptroller to hide illegal donations, prosecutors say

Former Baltimore Mayor Catherine Pugh didn’t only use Healthy Holly LLC as a conduit for illegal contributions to her 2016 mayoral campaign, according to a sentencing memorandum prosecutors filed Thursday in federal court in Baltimore. She also arranged for money to flow through another side business, 2 Chic Boutique, a Pigtown consignment shop she co-owned with longtime City Comptroller Joan Pratt and two other women with ties to city government. (Balt. Sun)

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McClatchy, one of the nation’s largest newspaper publishers, files for bankruptcy

McClatchy, one of the nation’s largest newspaper publishers, filed for bankruptcy protection Thursday, another harbinger of America’s deepening local-news crisis. The Chapter 11 filing will allow the Sacramento-based company to keep its 30 newspapers afloat while it reorganizes more than $700 million in debt, 60 percent of which would be eliminated. (Wash. Post)

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