Penn National clears a hurdle needed to bid for Prince George's casino

Penn National Gaming Inc. took another step Thursday toward being able to bid for a casino license in Prince George's County after Maryland gaming officials approved a corporate restructuring for the owner of Hollywood Casino Perryville. The state Lottery and Gaming Control Commission approved Penn National's plan to spin off Gaming and Leisure Properties Inc., which would allow the Wyomissing, Pa.-based company to circumvent a state law restricting businesses to one video lottery facility. (Balt. Sun)

Read Full Article

Maryland hospitals post 71% profit decline, operating at record low margins

Hospitals in Maryland are operating with record low margins, according to a new report by the state Health Services Cost Review Commission. Operating profits at Maryland hospitals dropped 71 percent in fiscal 2013, which ended June 30. The 46 hospitals reported a total operating profit of $99.8 million, down from $344.2 million a year before. The total profit margin among the hospitals was 3.39 percent. (Balt. Bus. Journal)

Read Full Article

Kohl's to hire 1,400 temporary workers in Edgewood

Kohl's Department Stores said Thursday that it will hire about 1,400 workers at its Edgewood distribution center as it temporarily staffs up for holiday shopping. The company said it began hiring at distribution centers in August and will continue for a few months in preparation for holiday shoppers and other seasonal purchases. (Balt. Sun)

Read Full Article

Ghost of Baltimore Examiner finally leaving city's skyline

The Baltimore Examiner sign that has been atop 400 E. Pratt St. for the past seven years — despite the Examiner’s closing four years ago — is finally coming down. R2integrated, the marketing software firm that subleased the Examiner’s old space last year, has signed a long-term lease at 400 E. Pratt St. that includes terms allowing the replacement of the sign with its own logo. R2integrated signed the new lease last month; it starts in 2016. (Balt. Bus. Journal)

Read Full Article

Luxury apartments open at Owings Mills Metro Centre

Baltimore County officials gathered at the Metro Centre of Owings Mills on Thursday to mark the opening of the transit-oriented development's first luxury apartment buildings. The Metro Crossing apartments feature 232 units and amenities such as a fitness center and rooftop pool with barbecues. There are one- and two-bedroom floor plans ranging from 700 to 1,245 square feet, with rents starting at $1,580 a month. (Balt. Sun)

Read Full Article

Under Armour, out as title sponsor, inks new deal with Baltimore Marathon

Under Armour Inc. is no longer the title sponsor of the Baltimore Running Festival, but its presence at the event isn't going away. The sportswear maker has agreed to a multi-year deal to be the official performance apparel and footwear partner of the event. That means all participants will continue to receive an Under Armour moisture-wicking shirt. (Balt. Bus. Journal)

Read Full Article

Kirby Fowler assures 10 Light St. will be among 'highest-end apartments we'll have'

The 445 apartments Metropolitan Partnership Ltd. is planning at 10 Light St. could make the building among the grandest residential addresses in Baltimore, Downtown Partnership of Baltimore Inc. President Kirby Fowler said. With demolition underway and one lane of Light Street shut down for construction vehicles, Fowler sought to reassure attendees at Downtown Partnership’s annual meeting that there is progress on the conversion. (Balt. Bus. Journal)

Read Full Article

Accuvant opens new cyber security office in Elkridge, plans to hire 180

Accuvant has opened a new cyber security office in Howard County and plans to hire 180 people to work there. The 15,000-square-foot Cybersecurity Research and Operations Center will house Denver-based Accuvant’s growing security operations center. (Balt. Bus. Journal)

Read Full Article