Friday, September 20, 2024 | Baltimore, MD
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Dredging underway to free massive cargo ship aground in the Chesapeake Bay

A salvage company is in the midst of a multiday dredging operation to free a massive container ship that has been aground in the Chesapeake Bay for almost two weeks. The work is expected to continue for several more days before tug boats try to loosen the Ever Forward, according to the Coast Guard and ship owner Evergreen Marine Corp.

Maryland-based Novavax has sent millions of COVID vaccine doses to wealthy nations and none to the initiative that supplies poorer countries

The company behind a COVID-19 vaccine touted as a key tool for the developing world has sent tens of millions of doses to wealthy nations but provided none yet to the U.N.-backed effort to supply poorer countries, a sign that inequity persists in the global response to the pandemic. A quarter-million doses from the company were supposed to be available to the vaccine-sharing initiative, called COVAX, by March. But the U.N. agency in charge of deliveries says the first shipments now likely won’t be made until April or May.

Read More: Baltimore Sun
Bad optics aside, Orioles’ arbitration process simply part of ‘mind-numbing’ business of baseball

Trey Mancini missed the 2020 season undergoing chemotherapy for colon cancer. He returned last season as baseball’s Comeback Player of the Year in the eyes of the league and his peers, contributing to the Orioles’ lineup throughout the year as the best story in the sport. At some point this season, representatives from the Orioles will explain to a panel of arbitrators why they believe Mancini should be paid less than his asking price, arguing for a difference of less than Major League Baseball’s new minimum salary of $700,000.

Read More: Baltimore Sun
New York developer to transform vacant Anne Arundel shopping center into affordable housing

An old, vacant shopping center in Odenton will soon face the wrecking ball and become a workforce apartment complex for teachers, firefighters and police officers. The former retail spot at 1566 Annapolis Road today is boarded up. Plans to transform it into the 150-unit Blue Oaks at Odenton by Conifer Realty is part of a push to add affordable units in Anne Arundel County, where median housing prices are among the highest in the metro area.

Why did Douglas Development buy Kimpton Hotel Monaco? Little Italy pasta was involved.

Memories of a decent plate of pasta in Little Italy was a primary factor that drove top Washington, D.C. investor Norman Jemal to enter the Baltimore market and buy the Kimpton Hotel Monaco Baltimore Inner Harbor. The managing principal of high-profile Douglas Development said Tuesday he became smitten with the city after years of regular dinners at Sabatino’s with his father. He recently saw a good deal in the making with the availability of the Hotel Monaco, and decided to invest in the historic property at 2 N. Charles St. and lead its turnaround out of foreclosure.

Atlas Restaurant Group to reopen James Joyce Irish Pub after COVID-19 closure

Atlas Restaurant Group is reviving James Joyce Irish Pub in Harbor East after it was shut down in the early days of the coronavirus pandemic, the restaurant group announced Wednesday. James Joyce pub, named for the acclaimed 20th-century Irish novelist, resided on President Street for 18 years until December 2020, when its doors closed, and the building has since been vacant.

Read More: Baltimore Sun
Fry, Scully to enter Md. Business Hall of Fame

The Maryland Chamber of Commerce will induct Donald C. Fry and Mary Ann Scully — two of Maryland’s most accomplished business leaders — into the Maryland Business Hall of Fame at its annual event, Inspire MD, on May 12 at the Baltimore Museum of Industry. In addition to these honors, the organization will present Gov. Larry Hogan with the 2022 Public Service Award and Sriram Manivannan, vice president of product development with Vorbeck Materials and an up-and-coming Maryland executive, with the Rising Star Award.

‘We’ll Proceed With The Process’: Elias Defends Going To Arbitration With Mancini, Means

After the Baltimore Orioles failed to reach agreements with starting pitcher John Means and first baseman Trey Mancini before Tuesday night’s arbitration deadline, some fans on social media accused the team, owners of MLB’s lowest payroll, of unscrupulous penny-pinching. Mancini filed for $8 million and the team countered with $7.375 million. His salary was $4.75 million last year. Means is asking for $3.1 million and the team is offering $2.7 million. His salary was $593,500 last year.

Read More: WJZ
TEDCO’s resources helped this woman-led tech startup in Maryland thrive

A clinical pharmacist by trade, Sue Carr founded CarrTech to help health care professionals and patients with a safer, more cost-effective way to administer medication. Her new single-step filter needle system addresses a common problem that arises when giving injections to patients: Opening the sealed glass ampoule that holds liquid medications can result in glass shards mixing with the medication, jeopardizing patient safety.

Stromberg makes $17M in last year as T. Rowe Price CEO

William J. Stromberg made $17.1 million in his last year as CEO of T. Rowe Price Group Inc. — and he was only the company’s second-highest paid executive. Stromberg stepped down as CEO of the Baltimore-based money manager at the end of the year, ceding the position to Robert Sharps. Stromberg, who remains chairman of the firm, saw his compensation increase 11.6% during his last year at the helm, according to T. Rowe Price’s proxy statement filed Thursday with the U.S. Securities and Exchange Commission.

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