Business

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.

Johns Hopkins University on Thursday laid out design plans for a new building to honor the legacy of Henrietta Lacks, a Baltimore woman whose cells have been the basis of research for many medical breakthroughs. The around 34,000-square-foot building will be located on the corner of Ashland and Rutland avenues in East Baltimore. It will be used for a mix of community discussions and to house the university’s Berman Institute of Bioethics and the Institute for Clinical and Translational Research, Vines Architecture, the design firm, told the city’s Urban Design and Architecture Advisory Panel (UDAAP).

The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday, with authorities now investigating the firm for potential securities violations and analysts bracing for a further downturn in crypto prices. FTX had agreed earlier this week to sell itself to bigger rival Binance after experiencing the cryptocurrency equivalent of a bank run. Customers fled the exchange after becoming concerned about whether FTX had sufficient capital.

North Oaks Senior Living in Pikesville on Wednesday announced a multimillion-dollar renovation plan is underway to modernize its first and second floors that includes the dining room, library, reception area, and social hall. Pikesville-based ARK Design LLC was chosen as the firm to lead the project. Founded by Adele Greenebaum, ARK Design will manage space planning and construction, schematic conceptual design, interior design, construction administration, and artwork and accessory selection.