Saturday, November 23, 2024 | Baltimore, MD
Baltimore, MD
41°
Cloudy
Baltimore, MD 10 days weather forecast ▸
FOLLOW US:

Business

$30 million Security Square Mall revitalization project enters design phase
May 23, 2024 -

A $30 million Security Square Mall revitalization project in Baltimore County is now in its design phase. Community leaders are working with a design team to reimagine the mall and bring more foot traffic to the area. Haki Ammi told WJZ that he’s lived across from Security Square Mall for more than three decades and he held his first job there while in high school.

Read More: CBS Baltimore
Port of Baltimore ready for post-Dali recovery with improvements after Key Bridge disaster
May 23, 2024 -

Ports America Chesapeake President Mark Schmidt is ready for the next chapter.  He showed WJZ projects that have been underway since the collapse of the Key Bridge largely shut down port access—including electrifying diesel equipment to operate the cranes and extensive repaving. They are silver linings to the tragedy. (Photo: CBS Baltimore)

 

Read More: CBS Baltimore
Port of Baltimore handled tiny fraction of typical cargo after Key Bridge collapse, April numbers show
May 22, 2024 -

New data released this week reflects the extent of the impact that the collapse of the Francis Scott Key Bridge has had on the Port of Baltimore. Commercial vessel traffic had been largely cut off in and out of the port for a month after the container ship Dali struck the bridge March 26. As a result, the data shows, the port’s marine cargo terminals handled a tiny fraction of a typical month’s cargo.

 

Read More: Baltimore Sun
Ravens’ John Harbaugh launches coaching academy with goal to ‘share what we learned’
May 22, 2024 -

Ravens coach John Harbaugh was sitting around with his younger brother Jim about five years ago enumerating the many occasions their father, Jack, told the stories that shaped their coaching careers. “These lessons that you learn, it can’t just be us,” John said. “We’re gonna forget these stories. We need people to hear these stories.

Read More: Baltimore Sun
UMD Center for Global Business wins national honor for expanding business in international markets
May 22, 2024 -

The U.S. Department of Commerce has awarded a 2024 President’s “E” Award for Export Service to the Center for Global Business (CGB) at the University of Maryland’s Robert H. Smith School of Business. A founding member of the MAPIT Alliance (Maryland Partners in International Trade), Smith’s CGB was recognized for significant contributions over the past four years to expand U.S. business in international markets — contributing to national export expansion efforts that support the U.S. economy and create American jobs.

Read More: The Daily Record
Pickleball paddles come in some wild colors!
Pickleball courts are being developed in a vacant Bed Bath & Beyond store this year.
May 21, 2024 -

Score another point for fast-growing pickleball. A health and fitness club is expanding at Annapolis Towne Center, with plans to convert a former Bed Bath & Beyond store into an 11-court pickleball hub and lounge by year’s end. Officials of Life Time (NYSE: LTH), a national health and wellness firm with 1.5 million members and 170 clubs across the U.S., said they will add the pickleball component to existing workout space at the town center that sits off Interstate 97.

Read More: Baltimore Business Journal
National chain with five Baltimore-area locations files for bankruptcy
May 21, 2024 -

National restaurant chain Red Lobster Management LLC, and its related subsidiaries, announced late Sunday that it has voluntarily filed for Chapter 11 bankruptcy relief in the U.S. Bankruptcy Court for the Middle District of Florida. The news came via an 11:34 p.m. release distributed by the company. Orlando-based Red Lobster said the filing is part of a reorganization to maintain the business as a going concern so it can sell to a buyer.

Read More: Baltimore Business Journal
Tourism businesses that rely on water hopeful amid re-floating of Dali cargo ship
May 21, 2024 -

Business is down considerably for a company that sails charter trips around the Baltimore harbor, but the hope is to get back to normal soon. Ever since the collapse of the Francis Scott Key Bridge on March 26, Capt. Bobby LaPin, the owner of Boat Baltimore, said his business has been down 23% compared to this same time last year.

Read More: WBALTV
Quantum Loophole breaks ground on 600-acre nature reserve at data center campus
May 20, 2024 -

Quantum Loophole has begun construction on a 600-acre nature reserve at its planned data center campus near Adamstown to capture carbon emissions generated by data center facilities. The company announced on April 22 that it broke ground on the reserve. A tree planting demonstration took place in March to kick off the beginning of the project.

Read More: Frederick News Post
Amid low Preakness turnout, ecstatic Seize the Grey owners give horse racing a shot of life
May 20, 2024 -

A crash course on the economics of modern racehorse ownership: Julie Hobson bought a 0.02% share of Seize the Grey for $127. When the horse won the Preakness Stakes on Saturday evening, she — and every other microshare owner — earned $158 of the $2 million purse. But Hobson also spent $2,000 just to get to Baltimore after her flight was delayed from her home in Northern California.

Read More: The Baltimore Banner

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.