Lt. Gov. Brown leading state’s effort to make public-private partnerships common 
BY: Nicholas Sohr
POSTED: February 2, 2012
Tags: Baltimore-Washington International Thurgood Marshall Airport and the Port of Baltimore, Blue Ribbon Commission on Maryland Transportation Funding, Business, construction, General Assembly, Kathleen T. Snyder, legislation, Lt. Gov. Anthony Brown, maryland, Maryland Chamber of Commerce, maryland port administration, partnerships, public-private
ANNAPOLIS — As lawmakers prepare to consider tax hikes to pay for transportation projects, Maryland’s lieutenant governor is directing an effort to pump private dollars directly into state roads, bridges and rail lines and the port and airport.
The administration’s General Assembly agenda, heavy on bills and spending designed to spur construction hiring, includes legislation that [...]
Ocean City commercial fleet brings home big catch
BY: Associated Press
POSTED: February 2, 2012
Tags: Business, charter fishing, commerical fishing, department of natural resources, harbor, maryland, ocean, Ocean City, Ocean City Commercial Harbor, seafood, Tourism, west ocean city
WEST OCEAN CITY — It’s unlikely you’ll just stumble upon the Maryland coastline’s only commercial fishing harbor.
But it’s there, and it’s moving millions of pounds of seafood. In 2010, more than 8 million pounds of catch, valued at more than $8 million, was harvested by commercial vessels that dock there.
The Ocean City Commercial Harbor is [...]
News Corp. names ex-Bloomberg exec. as Dow Jones CEO
BY: Associated Press
POSTED: February 2, 2012
Tags: bloomberg, dow jones & co, dow jones newswires, les hinton, lex fenwick, Michael Bloomberg, news corp, news corp phone hacking, phone-hacking scandal, tabloid, wall street journal
NEW YORK — News Corp. says Lex Fenwick, a Bloomberg LP executive, is the new CEO of Dow Jones & Co., the News Corp. subsidiary that publishes The Wall Street Journal and Dow Jones Newswires.
Fenwick takes over a position left open in July, when Les Hinton resigned in the wake of the phone-hacking scandal at [...]
Movers & Shakers, 2/3/12: Anne Arundel Medical Center promotes Perkins
BY: Daily Record Staff
POSTED: February 2, 2012
Tags: Abell Foundation, accounting, Annapolis, Anne Arundel Medical Center, baltimore reads, Bryant Associates, Carl M. Freeman Foundation, Head of School, lifetime achievement award, maryland, Patrick J. Dempsey, promoted, Robert Fleischmann, Sherry Perkins, St. James Academy, Theresa Hare and Liz Cullens
Medical center promotes Perkins
Sherry Perkins has been promoted to the position of chief operating officer of Anne Arundel Medical Center, in Annapolis. She joined the hospital in 2006 as chief nursing officer and became senior vice president, patient care services in 2010 after 15 years in clinical and leadership roles at University of Maryland Medical [...]
U.S. Archives unveils Magna Carta after repairs
BY: Associated Press
POSTED: February 2, 2012
Tags: david rubenstein, magna carta, national archives, repairs, the carlyle group, u.s. archives, united states, washington
WASHINGTON — The National Archives unveiled its 715-year-old copy of Magna Carta on Thursday after a conservation effort removed old patches and repaired weak spots in the English declaration of human rights that inspired the United States’ founding documents.
A $13.5 million gift from philanthropist David Rubenstein funded conservation and a new case for the only [...]
Chrysler factory workers to get $1,500 checks
BY: Associated Press
POSTED: February 2, 2012
Tags: board, checks, chrysler, contract, factory, labor, profit-sharing, union, workers
DETROIT — Factory workers at Chrysler will get profit-sharing checks of about $1,500 next month as they share in the automaker’s improbable turnaround.
About 26,000 union-represented workers in the U.S. should get the payments under Chrysler’s contract with the United Auto Workers union that was signed last fall.
Chrysler wouldn’t say how much the workers will get. [...]
Retailers post mixed sales results for January
BY: Associated Press
POSTED: February 2, 2012
Tags: bon-ton stores inc., clothing, consumer confidence, costco, discounts, macy's dillard's, merchants, Retail, retailers, sales, target, wall street, weather
NEW YORK — Retailers reported mixed sales results for January in a sign that American shoppers are continuing to be cautious about when and where they spend their money in the shaky economy.
Of the 12 merchants reporting monthly sales this week, the number of those who beat estimates and those [...]
Movers & Shakers, 2/2: Brost joins Harborside Group as mutual fund consultant
BY: Wayne Countryman
POSTED: February 2, 2012
Tags: advanced bioscience laboratories, Adventist HealthCare, Allen DeLeon, Andy Bass, Anita Anderson, Asbury Methodist Village, Asbury Methodist Village; Robert Jepson, BlackRock Center for the Arts, Bruce Kanner, capital bank, Cartridge on Wheels, Claire Zhang, Colette Releford, David Denton, David Edgerley, DeLeon & Stang, Doug Wrenn, Eileen Cahill, Gaithersburg-Germantown Chamber of Commerce, GeneDx, Gizelle Petit, Harborside Group, HarVest Bank of Maryland, Henry Bernstein, holy cross hospital, Howard Covin, Hughes Network Systems, Hughes Network Systems; Jim Norris</str, James G. Muir, Jerry Pasternak, Jim Norris, John Compton, johns hopkins university, Lerch Early & Brewer, Linowes and Blocher, M&T Bank, Mid-Atlantic Federal Credit Union, Montgomery County EFCU, pepco, Ray McKenzie, Robert Cowdrey, Robert Czura, Robert Jepson, Rodgers Consulting, Ron Dimaranan, Ryan Brost, Sam McNamee, sandy spring bank, Scheer Partners, Scott Wallace, Signs of Progress, Strive Business Solutions, Stuart Barr, The Gazette, Trina LaPier, United Bank
Ryan Brost has joined Harborside Group, of Baltimore, as a mutual fund consultant. He has spent six years in the financial services industry, the majority in sales and marketing. Brost previously was a business development consultant for Jackson National Life Insurance, serving advisers in the San Diego region. Brost maintains his Series 6 and 63 licenses. [...]
Exelon picks Harbor Point for Baltimore HQ
BY: Melody Simmons and Maria Zilberman
POSTED: February 1, 2012
Tags: Baltimore, Baltimore Building and Construction Trades Council, Constellation Energy Group, exelon, Harbor East Development Group, Harbor Point, Maryland Energy Administration
In the end, it came down to the bottom line.
Exelon Corp.’s selection of a potential $120 million Baltimore headquarters site for Constellation Energy Group in Harbor Point was made in part because the property already had lucrative developer tax breaks attached to it, observers say.
The Chicago-based energy giant announced Wednesday that the property, located between [...]
Judge approves settlement in WaMu bankruptcy
BY: Associated Press
POSTED: February 1, 2012
Tags: approved, Bankruptcy, delware, judge, mutual, plan, washington, wilmington
WILMINGTON, Del. — A Delaware bankruptcy judge on Wednesday said she would approve a settlement between bank holding company Washington Mutual Inc. and a group of investors who had argued unsuccessfully that they held claims against it worth more than $300 million.
The settlement involves holders of warrants that entitled them to shares of WMI common [...]
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