Friday, November 29, 2024 | Baltimore, MD
FOLLOW US:

Business

What’s in Store for Maryland Homebuyers this Summer Homebuying Season

The spring homebuying season so far has been marked by mixed signals as the nation’s housing supply remains limited, causing home prices to remain high year-over-year. At the same time, mortgage rates have moderated. While hopeful homebuyers may be feeling the whiplash of the last few years, their outlook remains optimistic.

Unionized UPS workers could strike this summer, scrambling supply chains

Unionized UPS workers voted overwhelmingly on Friday to authorize a strike, setting the stage for a potential work stoppage if the package delivery company and Teamsters can’t come to an agreement before their contract expires next month. The Teamsters said 97% of unionized workers voted for the authorization, which the union urged for in order to have more leverage during negotiations with the company. But a yes vote does not mean a strike is imminent.

 

SunMed Growers expands with $16M cannabis edibles factory

Maryland’s largest producer of cannabis is investing millions to build a Cecil County factory that will make edibles to meet anticipated demand for the July 1 debut of the state’s recreational market. SunMed Growers President Jake Van Wingerden said he is building a $16 million, 25,000-square-foot factory as part of the company’s 500,000 square-foot complex at 127 Worsell Manor Road in Warwick to churn out edibles.

Where teens pour the drinks: New Cherry Hill juice bar to open with community in mind

Kevin Bethea got the entrepreneurship bug his sophomore year in high school after learning business skills through a nonprofit in Cherry Hill, the RICH Program, or Restoring Inner City Hope. Taking what they taught him, Bethea conducted a survey of his peers about their favorite snacks. He bought Doritos, Takis rolled tortilla chips and honeybuns that he then sold at school. It was his first business.

baltimore,pier,ocean beach,city at night,yacht
Baltimore neighborhoods plan to file lawsuit against BGE after outrage over gas regulator installations

Community associations rallied Thursday at the corner of Lancaster Street and South Bond Street in Fells Point to announce their plan to file a petition for a temporary restraining order against Baltimore Gas and Electric Co. over a gas utility project upgrade that they are being forced to accept by threat of service loss, according to the community groups’ attorney.

Read More: Baltimore Sun
Planning Commission approves Monrovia warehouse site plan, near Costco warehouse

The Frederick County Planning Commission voted 4-2 on Wednesday to approve a site plan, with conditions, for two buildings on 125.66 acres in Monrovia, despite opposition saying it would exacerbate traffic problems. West of the site plan is a Costco distribution center, which has many trucks coming and going. Some trucks, despite numerous warnings and prevention efforts, drive south on Md. 75, and get stuck under a railroad bridge that runs over Md. 75.

 

Johns Hopkins university and health system hit by MOVEit data breach; students and patients asked to be vigilant

Students, staff and faculty at the Johns Hopkins University as well as patients at the related medical system might have had sensitive information exposed following a recent cybersecurity attack on widely used software, according to the institution. A data breach May 31 involving MOVEit, a file transfer software, impacted both the private research university and Johns Hopkins Medicine, the university and medical system said in a letter.

Read More: Baltimore Sun
MCB Real Estate rebrands Madison Park North project as Reservoir Square

The $100 million redevelopment of a long-troubled North Baltimore block just got another fresh start. MCB Real Estate has renamed and rebranded its Madison Park North project to Reservoir Square, a new identity for a long-needed redo of a part of Baltimore once known as the “Murder Mall.”

City of Westminster takes first steps to allow sale of recreational cannabis

The Westminster Common Council is moving forward with city code changes in order to make way for the sale of recreational cannabis starting July 1. The Common Council voted unanimously at a meeting Monday night to refer a proposed cannabis ordinance to the Westminster Planning and Zoning Commission for its review and recommendations.

Read More: Baltimore Sun
Guinness Baltimore Blonde beer, previously brewed in Baltimore County, will be brewed in New York

The owner of the shuttered Guinness brewery in Baltimore County had considered keeping production of the popular Baltimore Blonde in Maryland but said Wednesday the beer will be brewed in New York. Diageo, the beverage company that owns Guinness, one of the beer market’s most recognizable names, announced in April that it would shut down its beer production plant in Relay this month.

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.