Business

Maryland Gov.-elect Wes Moore has stepped down from the Under Armour Inc. board. The Baltimore sportswear company announced late Friday that Moore resigned from the board effective immediately following his election win earlier this week. Moore had previously told the Baltimore Banner that if he was elected he would resign from corporate boards and put his business investments into a blind trust. With Moore’s victory over Republican Dan Cox in the general election Tuesday, Moore, who has significant business holdings, has started to make good on his promise. Moore, the former founder and CEO of the Robin Hood Foundation and a best-selling author, joined Under Armour’s board in October 2020. During his time on the board, he served as a member of the corporate governance and sustainability committee.

Phillip Slaughter left the Army after 18 years and found a job similar to one he had in uniform: behind the wheel of a truck. Instead of towing food and bullets through war zones, he hauled packages for FedEx. It wasn’t what he wanted to do. The work aggravated his post-traumatic stress disorder. It would be three years and several jobs before he landed his ideal position as a sourcing recruiter for a tech company. “I think it’s the first job that I’ve worked 10 consecutive months without quitting,” said Slaughter, 41, who lives in Clarksville, Tennessee. Slaughter is a U.S. military veteran who found a job he loves at a time when the nation is experiencing some of its lowest monthly veteran unemployment on record.

Ji Hye Kim launched her Korean restaurant Miss Kim, in Ann Arbor, Michigan, six years ago and decided not to use tips, instead offering a higher minimum wage of $14 per hour. She had felt that the tipped minimum wage was unfair and hadn’t moved upward for decades; federal “tipped minimum wage” has remained at $2.13 an hour since 1991. As someone who had worked for tips, Kim knew that any work that took away from serving tables cut into how much she made. Meanwhile, workers who worked in the kitchen had to work for the same amount on busy nights when servers netted more, despite all the workers being just as productive, she added. It was also hard to take tips and then switch to a system without them, she said.

Montgomery County Executive Marc Elrich signed Thursday a multiagency agreement to launch a new higher education institute in North Bethesda dedicated to artificial intelligence in health care, with the goal of establishing a magnetic academic-industrial complex akin to what’s envisioned for Northern Virginia’s National Landing. The budding collaboration — dubbed The University of Maryland 3 – Institute for Health Computing, or UM-3-IHC — involves Montgomery County, the University of Maryland campuses in Baltimore and College Park and the University of Maryland Medical System Corporation (UMMS), a hospital network.

Sinai Hospital of Baltimore will house a regional medical campus for medical students attending The George Washington University, under an agreement announced Wednesday. LifeBridge Health, which operates Sinai, reached an agreement with George Washington to establish a campus at the hospital this spring for the university’s School of Medicine and Health Sciences.

A typical Wicomico County home listed for $321,490 in October, up 6.8% from the previous month’s $301,163, an analysis of data from Realtor.com shows. The median list home price in October was up about 23.6% from October 2021. Wicomico County’s median home was 2,150 square feet for a listed price of $159 per square foot.