Friday, September 24, 2021 |
Baltimore
61°
Partly Cloudy
FOLLOW US:

Business

Hiring text
Jobs are surging in Greater Baltimore. The labor force? Not so much, and it might get worse.

Jobs may be roaring back from the depths of the Covid-19 economic crisis, but the same can’t be said for the labor force. New research by The Business Journals found employment increased by 14.4% in the nation’s largest metros between April 2020 and July 2021, but civilian labor forces in those same metros rebounded by just 3.4%. Metros with more than 250,000 in employment were included.

Downtown Baltimore’s iconic 10 Light tower is for sale

Downtown Baltimore’s iconic Art Deco-style tower, 10 Light Street, is for sale. The 36-story residential and retail property is unpriced with a deadline of Oct. 12 for investors to submit their offers, according to Avison Young, a global commercial real estate company selected to market the building. Avison Young’s Peter Sherman, Chip Ryan, Matt Weber and Sam Chow are representing the seller, Metropolitan Partnership Ltd., of Reston, Virginia.

Another one bites the dust: One fewer Baltimore-area public company as $7B W.R. Grace deal closes

Greater Baltimore has one fewer publicly traded company after Standard Industries Holdings Inc. closed its $7 billion acquisition of W.R. Grace & Co. on Wednesday. Shareholders of Columbia-based Grace received $70 per share in cash. The chemicals manufacturer was the seventh-largest public company in Greater Baltimore with revenue of $1.73 billion last year. Grace is now a privately held company that will operate as a standalone company within Standard Industries, which also includes other subsidiaries such as GAF, BMI, GAF Energy, Siplast, Schiedel, and SGI.

 

Union launches campaign against Columbia hotel over rehiring workers 

Unite Here Local 7, a union that represents Maryland’s hotel, gaming and food service workers, is calling for people and organizations to boycott the Merriweather Lakehouse Hotel, a hotel in Columbia, over allegations that it refuses to commit to rehiring laid-off workers. The hotel, which used to be the Sheraton Columbia, laid off 111 workers, including over 80 unionized employees, at the start of the pandemic in March 2020, the union said.

Morgan State Professor Files Lawsuit Against University Stating That She Was Paid Less Than Her Male Colleagues
A Morgan State University professor is suing the school after she says that for years, she’s been paid less than her male colleagues whose qualifications match hers. “The original lawsuit was filed in 2018, so this has been an issue for some time,” said Aderson Francois, attorney for Dr. Leah Hollis. Dr. Leah Hollis has done a majority of her research in “Bullying in Higher Education” and as a professor at Morgan State University, she filed a lawsuit in 2018 saying the school, was not paying her the same amount as men in her position.
Read More: WJZ-TV
medical, appointment, doctor
Johns Hopkins Bayview and University of Maryland Medical Center Midtown among most ‘socially responsible’ hospitals, health care think tank says

Two Baltimore hospitals — Johns Hopkins Bayview Medical Center and the University of Maryland Medical Center Midtown Campus — have been ranked among the top 10 most “socially responsible” health centers in the U.S. by a health care think tank and consulting organization. The ranking, released Tuesday by the Lown Institute, a Massachusetts-based think tank, placed Hopkins Bayview as the third most socially responsible hospital and UMMC Midtown as the fifth.

Read More: Baltimore Sun
Residents & Business Owners Question The Future Of The Inner Harbor’s Gallery Mall
It’s been a longtime shopping destination in Baltimore but now there are questions about the future of the Gallery mall at the Inner Harbor. WJZ has learned that some business owners at the mall are preparing to pack up their stores because they have been told there is a possibility the mall may close by the end of the year.
Read More: WJZ-TV
‘I Know They Need A Lot Of Help’: USPS Hosts Job Fair In Westminster Tuesday
The post office is now working to build a more stable workforce after months of frustrating mail delays. “Coming here a lot, I know that they need a lot of help,” said Chris Zimmerman, a Westminster resident who is applying for some of the open positions. USPS has been recently been hosting several job fairs at its locations across the Baltimore region to fill many of the open positions. Postal officials tell WJZ that they are expecting to hire about 100,000 employees nationwide through Jan. 2022, including 40,000 for its peak holiday season.
Read More: WJZ-TV
Baltimore Siblings Turn Tequila Dream Into Reality
While many of us found new hobbies during the pandemic, a pair of Baltimore siblings spent that time turning a dream into reality: launching a new tequila brand from scratch. “I just saw an opportunity and I just seized it,” said Donta Henson, chief executive officer and co-founder of Los Hermanos Tequila. Henson said in the span of one year, he and his brother William took what started as an idea and transformed it into an award-winning product that will soon be found on local store shelves.
Read More: WJZ-TV
Under Armour Logo
Under Armour files countersuit against UCLA over $280M sponsorship deal

Under Armour Inc. became known across the U.S. almost 20 years ago with its “Protect this house” slogan. The company is taking that same mindset into the courtroom. Less than three weeks after a California judge denied Baltimore-based Under Armour’s attempt to dismiss a lawsuit brought by UCLA over a $280 million sponsorship deal, the sportswear maker has filed a countersuit against the university.

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.