Business

Bethesda’s Eat the Change, Seth Goldman’s 3-year-old healthy drink and snack company, has raised $14 million to expand distribution of its fast-growing Just Ice Tea line and refresh the marketing of its carrot chew snacks. The investment, which closed in mid-October, was powered by existing investors and led by the family of Jeff Swartz, former CEO of Timberland.

I can’t quite remember the moment when smash burgers took over, but business owner Josh Vecchiolla puts it at sometime during the pandemic. “During COVID, smash burgers became this big thing,” said the founder of Fuzzies Burgers, which prepares theirs with crispy edges, a juicy center and “really good melty cheese on top.”

Baltimore will receive up to $1 million from Bloomberg Philanthropies toward a public art project led by Derrick Adams. “Inviting Light” in the Station North arts district in the North Baltimore neighborhoods of Greenmount West, Charles North and Barclay will include light installations and programming at five sites that project safety and respect for residents and local businesses in a community that has suffered from petty crime and neglect, according to a news release.

Being in the top 1% of earners in D.C. requires $161,141 more than it did five years ago. That’s according to data from the Internal Revenue Service, which shows the cutoff for each adjusted gross income by percentile in each state. The data is based on the 2020 tax year and percentiles are based on total tax filers, so they don’t distinguish by marital or household status.

Baltimore is receiving an influx of federal and state dollars for major transportation projects like the Red Line and the Penn Station overhaul, creating the opportunity for a wave of new transit-oriented development in the region. But to take advantage of that opportunity, city and county governments must adopt pro-growth zoning policies and offer economic incentives, developers and state officials said Monday at the Greater Baltimore Committee’s Transportation and Economic Development Summit at the Baltimore Convention Center.

The county council’s Office of Legislative Oversight (OLO) has submitted its economic impact statement on Council Member Will Jawando’s bill to repeal the county’s tip credit for minimum wage. And OLO’s judgment is unambiguous: the bill would damage Montgomery County’s economy. OLO begins with this summary. OLO anticipates that enacting Bill 35-23 would have a net negative impact on economic conditions in the County in terms of the Council’s priority economic indicators.

In late 2021, Dana Henson made a panicked, late-night phone call to the CEO of the Housing Authority of Baltimore City, expecting to drop a major bombshell that would almost certainly spell disaster for both women.Henson, principal and vice president of The Henson Development Company Inc., told Janet Abrahams that their plan to bring a full-service grocery store to East Baltimore to serve as an anchor tenant for an ambitious development project and provide relief to an area long classified as a fresh food desert would not work.