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Maryland Food Bank Receives $115,000 through Bank of America COVID-19 Employee Booster Initiative

Bank of America today announced a $115,000 donation – the equivalent of 230,000 meals – to the Maryland Food Bank (MFB) to address food insecurity in the region. An estimated two million Marylanders faced hunger in 2021, according to MFB’s Maryland’s Hunger Map analysis. As the pandemic continues, hunger relief organizations in Maryland and across the country are facing ongoing challenges such as increased demand for their services and rising food prices.

Read More: The AFRO
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Bank of America provides Baltimore nonprofit, The Lazarus Rite, $150K Grant

Bank of America says it remains committed to strengthening the communities it serves and one way the financial institution does that is through supporting local workforce development and education initiatives. With $150,000 in grant funding from Bank of America, The Lazarus Rite can now expand efforts to meet workforce needs in the region through job readiness and skill certification, providing stable employment for formerly incarcerated individuals and helping to reduce recidivism.

AFN: How the Social Media Revolution is Influencing the Original Influencers

Social media is moving at a rapid speed and companies are expected to be responsible in different ways than ever before. As a CEO, it’s important to establish what kind of company you want to have and how you will respond to crises. Public Affairs experts Gordon Bronson, Colm O’Comartun, and Damian O’Doherty spoke with Advantage Foundry Network, LLC (AFN) for a CEO Roundtable discussion on public affairs, social media and crisis management.

Under Armour CEO expects supply chain challenges will be ‘short-term speed bump’

Under Armour Inc. is expecting supply chain challenges to drag down its results for the next few months, but CEO Patrik Frisk is confident that the company can successfully navigate this “short-term speed bump” and finish the year strong. The Baltimore sportswear maker reported financial results for the fourth quarter and all of 2021 on Friday morning. Despite beating Wall Street expectations for both profit and sales, Under Armour’s stock dropped almost 10% in mid-morning trading after the company warned that its revenue will likely take a 10 percentage point hit in the current quarter due to supply chain constraints caused by the ongoing pandemic.

How inflation and tangled supply lines are gripping the economy

Since the pandemic erupted two years ago, Forest Ramsey and his wife, Kelly, have held the line on prices at their gourmet chocolate shop in Louisville, Kentucky. Now, they’re about to throw in the towel. In the past year, the costs of ingredients for their business, Art Eatables, have surged between 10% and 50%. The Ramseys are paying their employees 30% more than they did before the pandemic.

Pop-up shop celebrates small, Black-owned Baltimore businesses

A pop-up shop highlighted small, Black-owned businesses in Baltimore City as part of the Ceasefire Peace Challenge. The Black Wall Street Market brought businesses together at The Church Spot in northwest Baltimore. It started Friday and will last through Sunday. Tables lined a room with vendors selling all sorts of goods from beauty products to clothes. The pop-up shop was free to attend replete with food and music.

Read More: WBAL-TV
Columbia: Suddenly, from suburb to city

Columbia has sometimes been viewed as a place on the road to someplace else, a quintessential suburb scorned by those who love cities. But these days, Columbia is a whole thing, attracting young residents, businesses and visitors wanting to be part of the action. Billions in investments are creating a city giving Baltimore, DC, Bethesda and Towson runs for their money in the intra-regional quest for coolness and vitality.

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In banking, pandemic-era tech changes are here to stay

When the pandemic took root nearly two years ago, banking – at least the way most people had known it — was thrown into disarray. Gone were the days of walking into a local branch to deposit a check with a friendly teller or to sit down with a financial adviser. Banking became a new world of digital services and online meetings. Like banks across the country, Maryland banks have adapted to the pandemic with a wide range of technical innovations.

Baltimore City Chamber of Commerce taps new chair, executive director

The Baltimore City Chamber of Commerce is starting off 2022 with two new leaders at the helm, including the organization’s first-ever woman executive director. Lenora Henry, who most recently worked for the Baltimore Office of Promotion & The Arts (BOPA), took over the executive director role on Jan. 3, succeeding William Honablew Jr. Kimberly Castle Royster, owner and chief financial officer of boutique accounting firm Kimberly Services LLC, also started her time as chairwoman earlier this month after being elected to a two-year term in November. She replaces Will Holmes.

Harbor Link Breaks Ground in Baltimore on New Telecommunications Infrastructure Project

Harbor Link Holdings LLC, a Maryland based company and a leader in telecommunications infrastructure, announces today that it has broken ground on the construction of a new 60-mile, diverse conduit route set to enhance connectivity between Baltimore, Maryland, Washington D.C., and Northern Virginia. The route features conduit for fiber optic cables to enable multi-path, high-speed connectivity along the highly traversed I-95 corridor. The underground infrastructure system will provide local and long-haul dark fiber capacity, with more than 300 easy access points to enable connectivity to bridge the digital divide for underserved communities along the route.

Read More: Business Wire

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