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BSO owed vendors $2.1 million as of April, nearly doubling amount owed 19 months ago
BaltimoreSun.com / Tue, 25 Jun 2019 14:15:00 PDT

The Baltimore Symphony Orchestra owed its vendors $2.1 million as of late April — a debt nearly double what it was 19 months earlier.

According to a Baltimore Symphony Orchestra financial document obtained by The Baltimore Sun, 39.5 percent of the money the organization owed to tradespeople was...

Meet Baltimore’s IT director, who stepped away from a corporate career and into a ransomware crisis
BaltimoreSun.com / Thu, 27 Jun 2019 02:00:00 PDT

As a top salesman at computing giant Intel, Frank A. Johnson was involved in deals worth hundreds of millions of dollars with some of the biggest businesses around the globe.

Then, taking a significant pay cut, he left the corporate world and stepped into a far humbler one: Baltimore’s struggling...

Inspector General: Baltimore Housing Department employee stayed on payroll after moving to Europe
BaltimoreSun.com / Tue, 25 Jun 2019 15:20:00 PDT

A senior staff member at the Baltimore Housing Department was allowed to stay on the city’s payroll as a full-time employee after moving to Europe to study and while logging just a handful of hours of remote work, the city inspector general found.

Another employee received a similar deal after...

Baltimore Museum of Art heads to market — Lexington Market — with new outpost
BaltimoreSun.com / Tue, 25 Jun 2019 14:30:00 PDT

Baltimore’s namesake fine art museum revealed Tuesday that it will open a new satellite art space downtown in Lexington Market — the downtown plaza known as the United States’ oldest continually operating marketplace — this week.

The Baltimore Art Museum announced in a news release that BMA Lexington...

Reimagining Harborplace: What do people want from Baltimore’s iconic waterfront?
BaltimoreSun.com / Wed, 26 Jun 2019 05:00:00 PDT

The two low-slung pavilions filled with shops and restaurants were considered visionary when the Rouse Co. built them on parkland along Baltimore’s Inner Harbor nearly four decades ago. But over the years, Harborplace lost its luster and financial footing. Now there’s a debate about what should...

T. Rowe Price Foundation offers $2.7 million in grants for city neighborhoods
BaltimoreSun.com / Thu, 27 Jun 2019 02:00:00 PDT

The T. Rowe Price Foundation will distribute $2.7 million in grants under an ambitious, four-year initiative to boost educational, cultural and financial opportunities for residents of underserved city neighborhoods.

The grants, announced Thursday, more than double the $1.3 million the foundation...

Amazon will hire more than 100 workers in North East
BaltimoreSun.com / Wed, 26 Jun 2019 16:55:00 PDT

Amazon plans to hire 100 workers at its distribution center in North East, the online retail giant said Wednesday.

Employees are needed to pick, pack and ship customer orders. Hiring will take place through July 5.

Wages start at $15 an hour, with night shifts available for up to $16.15 an hour....

McCormick & Co. boosts profits even as sales flatten in second quarter
BaltimoreSun.com / Wed, 26 Jun 2019 15:05:00 PDT

McCormick & Co. boosted profits in the second quarter, beating Wall Street’s expectations, and said strong results position the spice maker for growth in the key second half of the year.

But the Hunt Valley-based spice and flavorings company slightly missed expectations for growth in sales, which...

With new committee assignments, Baltimore Council president empowers freshmen members
BaltimoreSun.com / Thu, 27 Jun 2019 13:20:00 PDT

Baltimore City Council President Brandon Scott announced committee assignments Thursday, empowering the freshman class of council members elected in 2016 with leadership posts.

Scott has created several committees: health, transportation, investigations and a previously announced panel on cybersecurity...

University of Maryland BioPark plans 10-story gateway tower on MLK Blvd.
BaltimoreSun.com / Thu, 27 Jun 2019 14:30:00 PDT

The University of Maryland, Baltimore plans an ambitious expansion of its BioPark, with a $200 million building that will nearly double the size of the life science hub to the west of the main medical campus downtown.

The plans call for a 10-story, 300,000-square-foot tower atop an underground...

Talks between Maryland Jockey Club and Baltimore raise hopes of keeping Preakness at Pimlico
BaltimoreSun.com / Fri, 28 Jun 2019 02:00:00 PDT

Officials negotiating the future of Pimlico Race Course told the Maryland Racing Commission on Thursday that talks have been progressing positively enough the Preakness Stakes could be run in Baltimore beyond 2020, which many feared could be its last year in the city.

Baltimore city government...

Among new Maryland laws effective Monday: Help for parents paying thousands of dollars for child car
BaltimoreSun.com / Mon, 1 Jul 2019 02:00:00 PDT

The average Maryland family with two young children spends more than a fifth of its income on day care, but a newly expanded tax credit could provide millions of dollars in relief statewide.

A law that goes into effect Monday nearly quintuples the number of taxpayers eligible to claim the state’s...

Howard Bancorp plans $7 million stock buyback
BaltimoreSun.com / Fri, 28 Jun 2019 13:05:00 PDT

Howard Bancorp Inc. plans to launch a stock repurchase program, buying back $7 million of its outstanding shares.

Companies typically buy back their own stock to help boost the stock price, determining that it’s cheap enough to be worth the investment for its shareholders. Repurchased stock is...

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