Friday, October 25, 2024 | Baltimore, MD
FOLLOW US:

Business

Electric car charging in Birmingham City Centre
EV charging consultant doubles space at new local HQ

Electric vehicle charging consultant Blue Whale EV has moved to Hanover and more than doubled its space as the company expands within the growing EV industry. Blue Whale EV cut the ribbon on a roughly 10,000-square-foot facility at 980 Mercantile Drive in Hanover on March 7 that will serve as the company’s new headquarters. The firm relocated from a 4,000-square-foot facility in Savage, and the growing 35-person team has a 7-year commitment on the new space, Chief Marketing Office Scott Swidersky told the Baltimore Business Journal.

Maryland picks 179 businesses in social equity cannabis lottery

The Maryland Cannabis Administration selected 179 businesses out of over 1,500 applications Thursday in a lottery to get the chance to enter the nascent Maryland cannabis industry. The selection process put an end to a process fraught with weeks of delays as the MCA processed over 1,700 applications and lawsuits that threatened to stop the rollout of new cannabis businesses. After the first winners of the lottery were selected, MCA Executive Director William Tilburg smiled as a group of local entrepreneurs got one step closer to opening their own dispensary business.

Baltimore is a sneaker city, and that matters for its STEM pipeline

If you, like The Be. Org, have been in Baltimore for a decade or more, nostalgic and catchy commercials like this one for a now-defunct, Baltimore-based shoe store ought to jog a memory or two. Although that commercial was specific to one shoe store, it speaks volumes about the significance sneakers hold in the local community. This importance is something founders like Tonee Lawson have recognized, as evidenced in her nonprofit The Be. Org’s fifth annual Sneaker Ball fundraising gala on April 6.

Under Armour founder Kevin Plank returning as CEO

Kevin Plank is returning to lead the company he founded 28 years ago, Under Armour announced Wednesday, ending a four-year stretch during which Plank had surrendered day-to-day control of the Baltimore-based sports apparel and shoe company. The move brings to an abrupt end the 13-month tenure of Stephanie Linnartz as president and CEO of the company. Linnartz, a highly regarded senior executive at Marriott International, had replaced Patrik Frisk as CEO last February. Linnartz will remain an adviser to the company through April 30, 2024.

Maryland’s ‘social equity’ cannabis lottery is today. Here’s how it works.

Hundreds of hopeful entrepreneurs will learn on Thursday if they’re one step closer to starting a cannabis business in Maryland, a state-regulated industry experts have estimated could take in more than $1 billion in annual sales. Each of the more than 1,500 eligible applicants have checked all the boxes in a multistep vetting process to qualify as what’s been dubbed a “social equity” applicant for their shot at one of the 179 licenses being distributed in this first of three possible licensing rounds.

 

How the Ravens stadium renovations reflect a changing fan base

Ted Vlahoyiannis has sat in the same seats in M&T Bank Stadium’s west endzone since the stadium opened 25 years ago, but soon he’ll have a different view of the action. Vlahoyiannis is one of hundreds of Baltimore Ravens permanent seat license (PSL) holders in the west endzone who will have their seats moved to make way for new field-level endzone suites. Vlahoyiannis said he feels betrayed by his favorite team, and that the organization is prioritizing executives and money over the Ravens’ loyal fanbase.

From El Salvador to the Senate: A local business owner lives the American dream

When Maria Duran first came to the United States in 1995 from El Salvador, she was seeking a better life, and she embarked on a journey that would ultimately help her reach her American dream. “I started making food at home and selling it outside,” Duran said. Duran developed a passion for food and flavors when she was young, and was able to turn that passion into opportunity when she settled into her new home in the D.C. region. During the day, Duran would go to small businesses, salons, stores, soccer fields and pretty much anywhere else people wanted her food.

Read More: WTOP
Two business women talking about sales in office at desk with laptop
Women in Maryland earn 86 cents on the dollar. Latinas have it worse.

Maryland labor officials released a report Tuesday concluding that Latina women here earn $1.8 million less in their lifetimes compared with White men doing the same work, one of the largest such earning gaps in the country. Gov. Wes Moore’s administration released the report on Equal Pay Day, which acknowledges how far into the new year a woman must work to earn the same amount a man already earned in the prior one. This year, it’s 72 days.

Eli Lilly taps Amazon Pharmacy to help deliver weight loss drug Zepbound, other medicines to patients

Eli Lilly on Wednesday said Amazon Pharmacy will help send certain prescription drugs, including the red-hot weight loss treatment Zepbound, to patients’ homes through the drugmaker’s new direct-to-consumer program. Starting Wednesday, Amazon Pharmacy can deliver certain drugs from Eli Lilly that are prescribed for obesity, diabetes or migraine to patients who order them from the drugmaker’s direct sales website, according to an email from Eli Lilly.

Read More: CNBC
Don’t call Harborplace a mall: The obituary of Baltimore’s festival marketplace

In the 1970s, two men came together to answer a thorny question: After decades of white flight, neighborhood demolition and the suburbanization of America, how could cities bring people back downtown? One was an architect in Massachusetts who drew inspiration from the casbahs of North Africa and the public squares of Europe. The other was a developer in Maryland who once called Disneyland the “greatest piece of urban design in the United States.”

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.