Wednesday, November 27, 2024 | Baltimore, MD
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Carroll County company hits Kickstarter goal to build remote-operating oven

A Carroll County startup that has created an oven out of “The Jetsons” that remotely cooks dinner while you’re at work hit its $25,000 Kickstarter goal in just one hour and now plans to start shipping its first products to customers. Eldersburg-based Celcy increased its Kickstarter goal to $250,000 after the successful fundraise on Sept. 13.

What’s at stake as 13,000 workers go on strike at major auto makers

About 13,000 auto workers have walked off the job at three targeted factories after their union leaders couldn’t reach a deal with Detroit’s automakers. The United Auto Workers union is seeking big raises and better benefits from General Motors, Ford and Stellantis. They want to get back concessions that the workers made years ago, when the companies were in financial trouble.

Kaiser Permanente employees in Maryland, mid-Atlantic region vote to authorize a strike

The possibility of a historic health care worker strike inched closer to reality Monday after the union representing Kaiser Permanente employees in Maryland, Virginia and Washington, D.C., announced their members had voted last week to authorize a work stoppage to protest unfair labor practices if a labor agreement isn’t reached by Sept. 30.

Read More: Baltimore Sun
Why Kevin Plank sold his majority stake in Sagamore Spirit to an Italian company

The sale of Kevin Plank’s Sagamore Spirit to an Italian multinational company has been in the works for years as the Under Armour founder sought to expand the Baltimore-based rye whiskey distillery’s reach across the globe. Plank has been seeking to raise the profile of his oak-barrel-aged whiskey company that was started in 2013 and announced Thursday that Illva Saronno Holding SpA had taken over as majority owner of Sagamore Spirit and would move its North American headquarters to Baltimore from New Jersey.

Edens draws new batch of tenants to Cabin John Village in Potomac, including The Grove

Retail center operator Edens has drawn in a half-dozen new tenants to Cabin John Village, including a new Mediterranean restaurant to replace Augie’s Mussel House, as part of a larger repositioning of the 1950s-era shopping center into a more vibrant mixed-use center. Alexandria’s Common Plate Hospitality, behind restaurants like Mason Social and Urbano Mexican Fare, plans a fall opening for The Grove.

Hollywood is paying a steep price for never really figuring out the streaming model

Picket signs have lined the gates of Hollywood’s studios for nearly five months, as the industry’s writers and actors rally for AI protections, better wages and a cut of streaming profits. The problem is streaming isn’t yet profitable for many studios. Sparked by the creation of Netflix’s direct-to-consumer platform in 2007, streaming has upended the economics of the media industry. Yet, it’s still unclear whether it’s a sustainable business model for the future.

 

Read More: CNBC
Planning Commission grants conditional approval for Quantum Loophole campus substation

The Frederick County Planning Commission voted 4-2 on Wednesday to grant conditional approval to FirstEnergy, which is working with Quantum Loophole, for an electric substation on Quantum Loophole’s planned data center campus. The site plan will receive final approval on the condition that the Maryland Department of the Environment approves a new environmental management plan from Quantum Loophole for its planned campus.

 

The pace of layoffs may be picking up in Greater Baltimore. Here’s why.

Giant Food opened a new warehouse in Hanover in 2019 to try and capture market share in the new grocery delivery space. Four years later, the grocer is planning to close the warehouse next month, laying off more than 300 people. Giant isn’t the only large employer in the state ramping up layoffs even as Maryland isenjoying record-low unemployment. The Work Adjustment and Retraining Notification (WARN) log maintained by the state Department of Labor has already seen 56 entries through the end of August, nearly matching last year’s total of 64.

VidCon prepares for first convention in Baltimore, East Coast debut

A video content convention that started in Southern California will make its East Coast debut in Baltimore later this month. VidCon, a convention centered around video content platforms and creators, will take place at the Baltimore Convention Center from Sept. 28 to Oct. 1. The convention, which signed a three-year deal, has long eyed an East Coast event and settled on Baltimore because of its location near several major cities and because of a cross-country connection between two tourism departments.

Italian spirits company buys majority stake in Sagamore Spirit, announces move to Baltimore Peninsula

Sagamore Spirit, the “grain-to-glass” rye whiskey business founded by Under Armour executive chairman Kevin Plank, has sold a majority stake of the company to an Italian firm best known for producing an amaretto liqueur. The company, Illva Saronno Holding S.p.A. — the parent company of Disaronno liqueur — also will relocate its North American headquarters to Baltimore Peninsula as it steps into the driver’s seat of the local whiskey brand, according to a Thursday news release.

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