Business

One of Greater Baltimore’s fastest-growing credit unions will get even bigger following its planned acquisition of a rival firm. Bel Air’s Freedom Federal Credit Union announced plans to acquire Atlantic Financial Federal Credit Union. Freedom’s acquisition of the Hunt Valley credit union is expected to close before the end of the year and is still pending regulatory approval and a member vote.

MacKenzie Scott’s Yield Giving handed out $36 million to 20 organizations based in Greater Washington this week as part of $640 million in pledges to small nonprofits across the U.S. The total amount of donations is more than twice what the billionaire philanthropist and author had initially said she would dole out when she opened the application process a year ago.

BWI Marshall Airport set a record with the amount of international traffic it received in 2023, according to Maryland Gov. Wes Moore’s office. While the vast majority of international flights in the D.C. region are from Dulles, BWI Marshall has been adding more global routes. The Maryland-based airport saw nearly 1.4 million international passengers — 2.6% higher than the previous record set in 2018.

The Baltimore Convention Center and Oriole Park at Camden Yards will soon have at least one thing in common — their food and beverage vendor. Levy Restaurants will take over food and beverage services at the convention center starting July 2. The new 10-year contract marks a change from the center’s current vendor, Sodexo Live!, which oversaw operations for the last 14 years.

With a deal for a new $2 billion arena in Virginia stalled, Wizards and Capitals owner Ted Leonsis finds himself in a predicament: He may have to go back to the negotiating table with D.C., whose offer of $500 million for renovations to an existing arena he already spurned — or find another potential suitor. Does that mean Maryland could become an option for the sports and entertainment district he envisions?

BioFactura Inc. has signed a lease with Baltimore-based St. John Properties, Inc. for an additional 12,000 square feet of space at Riverside Tech Park, a 70-acre business community in Frederick. The biotechnology firm has occupied 5,520 square feet of space at 8435 Progress Drive in Riverside Technology Park since 2015, and this expands the company’s presence to 17,520 square feet of space within the building.

Before the Ravens 2024 season begins, M&T Bank Stadium will host two of the most recognizable brands in sports: Spain’s FC Barcelona and Italy’s AC Milan. The soccer match, to be played Aug. 6, will be the first international pro soccer competition at the football stadium since 2022, when Everton and Arsenal of the English Premier League played in what was dubbed the “Charm City Match.”