Wednesday, October 23, 2024 | Baltimore, MD
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‘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.

Go Big or Go Home: The Baltimore Banner Readies for Launch

The Baltimore Banner’s much-anticipated debut is going to be different than those of other nonprofit journalism experiments, not least because it has ample funding from the start. As many as 50 staffers will be on-hand for the office ribbon-cutting in early April, and the space has room for at least 50 more, reflecting ambitious expectations for growth. The Banner is the brainchild of hotel magnate Stewart W. Bainum Jr., a former Maryland politician determined to boost local journalism in a famously competitive news town. Money has been no object, so far, and in an interview with the Local News Initiative on March 17, Bainum repeated his pledge to donate or raise $50 million over four years for the project.

The Well-Funded ‘Baltimore Banner’ Will Rival ‘The Sun.’ Can it Prove Sustainable?

Stewart Bainum, the Takoma Park philanthropist behind the soon-to-be launched The Baltimore Banner, the new city digital newspaper, has shared this story before, but it bears repeating. When he served in the General Assembly from 1979 to 1986, reporters from big-city papers like The Baltimore Sun, The Evening Sun, The Baltimore News-American, The Washington Post, and The Washington Star—as well as The Capital and smaller Maryland newspapers–swarmed the General Assembly like bees to a honeypot.

Maryland companies top list of fastest-growing in mid-Atlantic

From a company that manufactures natural supplements for pets to a coworking space with locations throughout the Baltimore-Washington metro area, 34 Maryland companies landed on Inc. Magazine’s list of fastest-growing companies in the mid-Atlantic region this year, including four in the top 10. Starting in 1982 as the Inc. 500, Inc. Magazine expanded its list to encompass the 5,000 fastest-growing private companies in America in 2007.

‘Am I ever going to find a home?’ How Realtors are helping homebuyers navigate a tight market

Attention residents of Pikesville’s Pumpkin Hill Court, Hambleton Court and Hurlingham Court — Regina Trakhtman wants to sell your home. More specifically, the Realtor wants to find her client a single-family home within walking distance of her family’s synagogue and school, and those streets fit the bill. Trakhtman, an agent with the Home Access Group of Monument Sotheby’s International Realty, has sent out emails, postcards and even knocked on doors looking for Pikesville homeowners who might consider a sale.

Atlas Restaurant Group will reopen Harbor East’s James Joyce Irish Pub

James Joyce Irish Pub & Restaurant is headed for a revival under the ownership of the Atlas Restaurant Group. The Baltimore-based hospitality company recently leased the Harbor East Irish pub, one of several restaurants in the upscale waterfront neighborhood that closed in 2020 during the Covid-19 pandemic. Atlas CEO Alex Smith said James Joyce will keep its name as well as some of its original furnishings, including a bartop imported from Ireland.

Diversity, Equity and Inclusion Summit aims to help leaders realign core values

For Nakeia Drummond, creating a diverse and equitable workplace is not about which practices to put in place; it’s about leaders realigning core values. As the founder and CEO of equity-centered management consulting firm NLD Strategic, Drummond said in the past year or year and a half she had seen leaders of some major, big-name organizations step up and challenge themselves. But even then, she said, they are only taking the first steps of a long journey.

Pappas Seafood soon to open Perry Hall crabcake shipping hub

Following a green light from the Baltimore County Council, Pappas Seafood Co. will soon open a 7,500-square-foot crabcake distribution hub in Perry Hall. The council voted Monday night to approve a zoning change allowing the facility to open at 8801 Belair Road. Pappas staffers could move into the space within a few months, said managing partner and CFO Karen Zimmerer. Every year, Pappas ships some 3.5 million orders of its crabcakes, a noted favorite of Oprah Winfrey, Zimmerer said.

Read More: Baltimore Sun

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