Wednesday, October 30, 2024 | Baltimore, MD
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Blue catfish disaster funding would be beneficial for Bay, watermen

While some may be skeptical about the recent request by Maryland leaders to declare a fisheries disaster based on the impacts of certain invasive species, at the Chesapeake Bay Foundation, we see significant benefits for the ecosystem and watermen’s wallets. CBF is strongly supporting the efforts of Gov. Wes Moore and the state’s Department of Natural Resources to request a federal fishery disaster declaration in Maryland due to the proliferation of blue catfish, Northern snakeheads, and other invasive species in the Bay.

 

Read More: Star Democrat
brown and black Wilson football
M&T Bank, Baltimore Ravens extend partnership

M&T Bank and the Baltimore Ravens have reached an agreement to extend their partnership for another 10 years beyond the current contract, which was set to expire after the 2027 season. Financial terms of the latest agreement were not disclosed. The announcement comes almost 20 years to the day after the organizations entered a partnership that has always been about more than putting the bank’s name on the 71,000-seat M&T Bank Stadium – often referred to simply as “The Bank.”

 

Maryland General Assembly passes legislation to create TEDCO Equitech fund

The Maryland General Assembly passed a bill that would establish a Maryland Technology Development Corp. (TEDCO) fund to promote job growth and minority inclusion in the sciences. Both chambers passed House Bill 781 earlier this month, which establishes the Equitech Growth Fund to send state funding to projects that expand the economy through infrastructure investment and create a diverse workforce through job training programs.

Carroll County commissioners move forward with zoning regulations for recreational cannabis businesses

Commissioners are moving forward with the task of regulating businesses interested in selling recreational cannabis in Carroll County, voting 4-1 Thursday to refer decisions about when, where, and how cannabis-related businesses can operate to the Carroll County Planning and Zoning Commission. The zoning commission will now work on changes to the county’s zoning code to allow businesses with state licenses to sell recreational marijuana in the county, and present a proposal to the commissioners sometime in the future.

Read More: Baltimore Sun
Maryland joins push for federal recall of theft-prone Hyundai and Kia vehicles

Maryland Attorney General Anthony G. Brown joined 17 other local prosecutors in calling on the federal government to issue a recall for particular Hyundai and Kia vehicles models that have been stolen at increased rates within the past year. In a letter to the National Highway Traffic Safety Administration, prosecutors say they want the federal agency to declare the vehicles’ systems are out of compliance with federal standards and pose an unreasonable risk to public safety.

Eyeing frugal shoppers, Ikea bets on massive U.S. expansion

Ikea is planning a $2.2 billion U.S. expansion that will add eight full stores and shore up the furniture chain’s logistics network, a move that will be the retailer’s largest U.S. expansion since the first store opened near Philadelphia 38 years ago. Along with the new stores, the investment will establish nine “plan and order” points — smaller stores focused on customer service and furniture delivery — as well as 900 new pickup locations, according to a news release Thursday.

How Maryland’s pension became a billion-dollar business for Wall Street

While the assets held by the Maryland State Retirement and Pension System have more than doubled to $64 billion in the past 20 years, the investment management fees the system pays have skyrocketed 25 times to $1 billion a year as it’s pursued a more active investment strategy with increased exposure to private equity funds.

Read More: Baltimore Sun
What Maryland cannabis dispensaries expect on last 4/20 before recreational rollout

Cannabis companies across Maryland are preparing for the last “4/20” before the rollout of recreational cannabis in July, with dispensaries looking at the popular holiday as a stress test for how their stores will handle the expected influx of new business as well as an opportunity to increase sales during a down year for the medical market.

Bounce houses and job fairs: Maryland cannabis companies prep for launch of adult-use market

Jose Abreu Jr. came to the small conference room of a Jessup hotel last month, setting up tables, shaking hands, reviewing paperwork and hoping to find someone like him. Abreu, 35, once had a successful sales career in New Jersey making six figures, he said. Then in 2021, the state government legalized cannabis and Abreu took a job making $15 an hour to work as a harvest specialist, an entry-level job in a cannabis cultivation facility.

Read More: Baltimore Sun
Broadband expansion brings points of connection to remote Maryland homes, businesses

The town of Hancock in Western Maryland is notable for being in the narrowest part of the state, sandwiched between Pennsylvania and West Virginia in a 1.8-mile stretch, but the world could get a little wider for residents after broadband internet comes to town after receiving federal grants. “It’s going to open up so many other opportunities,” said Hancock Mayor Tim Smith, a lifelong resident, who described the connection in town as “pretty decent,” with certain parts slow.

 

Read More: Delmarva Now

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