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

Business

Baltimore’s Wheelabrator is getting an upgrade to lower emissions

The Wheelabrator waste-to-energy facility in Baltimore will undergo a major facelift over the coming months in an effort to improve the environment. Built in the 1980s, the facility has produced concerns about emissions. Now, as part of an agreement with the city, the facility’s owner and operator, WIN Waste Innovations, will begin installing state-of-the-art technology. The company is installing new technology to make emissions that come out of the facility some of the lowest in the world.

Read More: WBAL
Same white doctor’s coat, but less pay in the pockets for women, Black doctors in Maryland

Salaries for female doctors in Maryland are significantly below those of their male counterparts. Asian doctors’ income is more than white doctors’ income, which is more than Black doctors earn. And all the state’s doctors average incomes below their peers nationwide. This is according to a new report commissioned by MedChi, a state medical society, which found similar disparities two years earlier.

Read More: Baltimore Sun
Only one Maryland crab processor won the guest worker ‘lottery,’ and the rest worry about their futures

The crab processing plant owners on Maryland’s secluded Hoopers Island call it “The Lottery.” They aren’t referring to the state-run sweepstakes, but to the U.S. government’s annual method of randomly selecting which businesses — crab companies, landscapers, resorts — will receive visas to hire the foreign guest workers they covet.

Read More: Baltimore Sun
With the MLB lockout lifted, here are the three biggest questions the Orioles face

With the Major League Baseball lockout ending on its 99th day, the Orioles and the other 29 teams are finally tasked with what comes next: the 2022 season. The league’s owners and the MLB Players Association reached a new collective bargaining agreement Thursday evening, bringing an end to the owner-imposed work stoppage. Nearly a month after pitchers and catchers were scheduled to report, major league spring training will finally begin this weekend.

Read More: Baltimore Sun
No longer emerging, it’s here: 3 key factors driving record growth in Maryland’s life sciences market

The biotechnology industry is booming in the U.S., creating a hot market for laboratories and other specialty properties. Boston, the San Francisco Bay Area and San Diego have the highest demand and lowest vacancy rates for lab space, according to recent data from real estate firm CBRE, and rents are rising to match. That, in turn, has sparked new interest in Maryland’s I-270 BioTech corridor, a market more often known as a hub for government-related biotechnology work.

Greater Washington Partnership says it’s on track to launch 45,000 into tech careers

Capital CoLAB, an initiative launched by the Greater Washington Partnership to match students, particularly women and people of color, with the region’s tech job openings, has so far engaged with 12,000 prospective workers through its programs, the organization said. The current tally includes high school and college students engaged through digital skills trainings, career fairs and micro-internships, said Deborah Hodge, Capital CoLAB’s managing director.

Transamerica to liquidate five exchange-traded funds

Transamerica Asset Management plans to close and liquidate all five of its exchange-traded funds next month, the company said Thursday. The ETFs will stop trading when the market closes on April 7 and be liquidated on April 12, according to an announcement. The funds have a total of $824.83 million in net assets as of Dec. 31. Transamerica, which launched its suite of DeltaShares ETFs in 2017, did not provide an explanation for why the funds will close.

Columbia software firm Leap acquires JobProgress

Leap, a Clumbia-based provider of home contractor sales enablement software, Thursday announced the acquisition of JobProgress, a leading workflow and CRM product for home contractors. Together, Leap and JobProgress will serve more than 2,400 home contractors in North America. JobProgress’ product suite offers CRM, project management, scheduling and employee management tools to both exterior and interior residential contractors. As part of Leap, home contractors will now have access to even more tools to help them manage, estimate, record, and close deals on a single platform, without the need to use multiple technology providers.

MD Sportsbooks Handle $25M, State Receives $134K Contribution

Maryland’s five sportsbooks handled more than $25.5 million in bets in February, which included Super Bowl Sunday, and paid out more than $24.5 million to bettors, Maryland Lottery and Gaming announced Thursday. Casinos brought in $955,377 from the February wagers. Following the deduction of promotional plays and other amounts, the state receives a 15% tax on those winnings.

Read More: WJZ
Rockville biotech continues buying spree with yet another acquisition

Rockville’s Emmes is sticking to its growth strategy for the past year with its fourth acquisition since a pandemic-era leadership change — and its first so far this year. The contract research organization, which conducts research and clinical trials for public and private sector customers, said Thursday it has purchased Plymouth, Massachusetts-based Casimir LLC, a fellow CRO focused on rare diseases, for an undisclosed amount. The 6-year-old Casimir brings to the table 31 U.S. employees and 25 clients, and experience in researching and testing more than 20 rare diseases.

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.