Wednesday, April 24, 2024 | Baltimore, MD
Baltimore, MD
66°
Partly Cloudy
FOLLOW US:

Business

Latino-owned business accelerator program launches in Prince George’s County

M&T Bank and Prince George’s County Economic Development Corp. (EDC) are looking for as many as 25 Latino-owned businesses to participate in a new business accelerator program designed to provide entrepreneurs with the guidance and skills needed to build strong companies, spur economic growth in Prince George’s County and help build generational wealth for their families.

 

Western Maryland’s Cushwa Brewing Co. to open a Howard County taproom

The brewery has signed a lease to take over the former Frisco Tap House space on Dobbin Road. Plans include a taproom with over 40 taps plus pizza offerings from Rad Pies.

Baseball on the Infield Chalk Line
Baltimore lands on list of best cities for sports business

Baltimore cracked a new national ranking of the best cities for sports business — but was far from the top of the list. The city claimed the 40th spot out of 50 on the Sports Business Journal’s best sports business cities list thanks to its strong lacrosse presence and many sponsorship companies. Baltimore’s two professional sports teams form a solid foundation for the city’s sports business industry, but new events like the CIAA Tournament and Maryland Cycling Classic have also helped the city raise its reputation. Local companies that like to spend on sports sponsorships also helped boost Baltimore in the ranking.

‘We have our own style’: Along 25th Street, Black entrepreneurs stitch together a ‘fashion hub’ with Baltimore’s urban flair

The title “fashion capital” is usually reserved for New York, Paris, London or Milan — destinations not often considered in the same category as Baltimore. But on 25th Street, a group of Black entrepreneurs is challenging the perception that Charm City lacks flair. “We can kind of be our own little fashion hub,” said Brittany Williams, 34, a personal shopper and the founder of IBW Creative Agency, a Baltimore-based events and styling venture. “We’re bigger than the city at this point.”

Read More: Baltimore Sun
LifeBridge Health receives $5M donation for Sinai Hospital cancer building

A $5 million gift from philanthropists Mandy and Dennis Weinman will help fund a new three-story, 125,000-square-foot, state-of-the-art cancer building on the campus of LifeBridge Health’s Sinai Hospital. The newly named Mandy and Dennis Weinman Cancer Building will be home to the Alvin & Lois Lapidus Cancer Institute and the Pediatric Oncology Center, bringing together all ambulatory cancer services at Sinai in a single comprehensive location.

Choptank Health expands into primary care in Easton

Choptank Community Health System’s Easton Pediatrics office is now the Easton Health Center, with expanded medical services available for children, adults and families. Medical services include primary health care, women’s health/prenatal, pediatrics, behavioral health, chronic care management, care navigation, onsite laboratory services and more.

 

Amazon to lay off 9,000 more employees, on top of 18,000 previously announced

Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday. The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the tech giant said it would lay off in January. The company’s workforce doubled during the pandemic, however, in the midst of a hiring surge across almost the entire tech sector.

Read More: AP News
View of soybean farm agricultural field against sky
Limits on foreign ownership of U.S. farmland gain support in Congress, despite skepticism

Bipartisan momentum is building in Congress to restrict China and other foreign adversaries from purchasing U.S. farmland, a reflection of a similar push by some states as well as apprehension over Chinese spy balloons, rising land prices and growing international competition. “Foreign ownership of agricultural land threatens small family farms and the overall health of the agricultural supply chain,” wrote a bipartisan group of House lawmakers in a Feb. 27 letter to Agriculture Secretary Tom Vilsack, condemning the department’s insufficient foreign transaction reporting from 2015 to 2018.

 

Ranking the fastest-growing companies in Greater Baltimore

Business is the backbone of Greater Baltimore. Small businesses support the neighborhoods in which they reside. Large companies can become the job creators and revenue generators needed to lift up a city’s struggling finances. But for middle market companies, those who may not reside in a multibillion-dollar high-rise but nonetheless are known staples in their industries, they can sometimes be underappreciated as they continue to operate outside of the greater public eye.

Md. bill would allow nonviolent offenders to get jobs at casinos

A new bill in Maryland would make it possible for people convicted of specific nonviolent crimes to get jobs at local casinos. “These are opportunities that help create a change within our community,” Maryland State Del. Nick Charles from Prince George’s County told WTOP. Charles sponsored the bill, saying it’s an opportunity to change the law to help support reentry into the workforce. MGM Resorts is working in partnership with Charles to help get the bill passed.

 

Read More: WTOP

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.