Monday, November 25, 2024 | Baltimore, MD
FOLLOW US:

Business

Financial Cost and Environmental Impact of Ship Stuck in Chesapeake Bay Remain Uncertain

A 1,095-foot container ship called Ever Forward is finally moving again after it ran aground near Craighill Channel in the Chesapeake Bay on March 13. But the costs associated with trying to dislodge the ship and its environmental impacts to the Bay remain unclear. Attempts to refloat the ship, owned by Evergreen Marine Corporation, began at the end of March, when authorities dredged around the vessel and removed debris and mud to a depth of 43 feet. The material dredged was taken to Polar Island.

Proposed 40-story Pratt Street tower could move forward amid Harborplace redevelopment

The potential renewal of Harborplace could help jumpstart plans to build a 40-story tower across the street on the former News American site, says developer P. David Bramble. Bramble is leading the charge to convert the flat-surface parking lot at 300 E. Pratt St. into an office, retail and luxury apartment complex that will add another landmark to Baltimore’s skyline.

Baltimore-based Royal Farms hiring 2,000 workers for mid-Atlantic store openings

Baltimore-based Royal Farms plans to hire more than 2,000 workers in the next three months to staff new stores opening in the mid-Atlantic. The convenience store chain, known for its fried chicken, runs more than 240 stores in Maryland, Delaware, Virginia, Pennsylvania and New Jersey. The company is offering wages of up to $17.50 an hour and up to $23 an hour for management jobs as well as health, retirement and vacation benefits.

Read More: Baltimore Sun
Commanders send letter to FTC denying financial impropriety

The NFL’s Washington Commanders denied several allegations of financial impropriety in a letter sent Monday to the U.S Federal Trade Commission. The 19-page letter — including testimony, emails and other documents — came as a response to the U.S. House Committee on Oversight and Reform asking the FTC to look into the team’s business practices. There are more than 80 pages of signed affidavits, emails and text message exchanges laid out as the team’s evidence.

Read More: Times-News
College Park startup Pathotrak aims to speed up food safety testing, prevent E. coli and other outbreaks

A College Park startup that aims to increase the speed of food safety testing recently reached a milestone with the certification of its test sample preparation process. Pathotrak’s process enables food safety testing to occur in. The product is now certified by the Association of Official Agricultural Chemists International to detect salmonella and E. coli in romaine lettuce. The AOAC, founded in 1884, sets industry standards for food safety technology.

UMBC’s incoming leader: It’s all about ‘values and principles’

When Freeman Hrabowski, the longtime leader of the University of Maryland, Baltimore County, who led the once-little-known commuter school for three decades, announced his upcoming retirement, the central question on everyone’s mind was who could replace such a towering figure. Enter Valerie Sheares Ashby, a veteran university administrator, the current dean of Trinity College of Arts & Sciences at Duke University, a chemist by training, and, soon, the first woman to lead UMBC.

Exelon awards 8 Md. schools with Green Lab Grants

Eight Schools in Maryland are sharing in $1 million in Green Lab Grants awarded to dozens nationwide by Exelon Corporation, the parent company of Baltimore Gas and Electric, which are developing projects to advance STEM education in under-resourced communities.

100 US dollar banknote money
For businesses in Maryland, paid family and medical leave a ‘giant question mark’

Much remains unknown about a new law passed by the Maryland General Assembly creating a paid family and medical leave program, but one thing is certain: It will cost businesses and their employees money. Democratic lawmakers pushed through the so-called “Time to Care Act” and overrode a veto by Gov. Larry Hogan before the 90-day legislative session ended on April 11. As passed, the law creates a program that will give workers up to 12 weeks annually of paid time off to take care of a new child, medical problems, or a family member’s serious illness or military deployment. A parent could get up to 24 weeks if medical leave is needed during pregnancy, followed by parental leave after childbirth.

Maryand gains 3,900 jobs in March, unemployment rate declines

Maryland added 3,900 jobs in March as a decline in coronavirus caseloads helped the economy continue its recovery, according to data released Friday by the U.S. Department of Labor. March marks two months in a row of job gains for Maryland. The state’s unemployment rate also fell to 4.6% during the month, compared to 5% in February. The unemployment rate is at its lowest point since before the pandemic. The improvements in Maryland came as the U.S. economy overall continued to surge. The U.S. added 431,000 jobs in March while the national unemployment ticked down from 3.8% to 3.6%.

Maryland & Temple Rare D-I Schools With Top Black Leadership

In the past year, Temple has hired a new president, athletic director and football coach, all Black men. The moves have made Temple just the second school that plays major college football to have an African-American in all three of those high-profile positions, along with Maryland. Temple is also the only school among 131 that compete at the highest level of Division I to have Black people leading the university, the athletic department, the football program and both the men’s and women’s basketball programs.

Read More: WJZ-TV

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.