Dec 23, 2011
Johns Hopkins made big news this week with the announcement of its new medical school dean, but they are also seeking the dismissal of a lawsuit over a life sciences complex in Montgomery County. Those stories and more in this week’s business top 5.
1. Rothman named dean of Hopkins medical school, CEO of health system - by Nicholas Sohr
Paul B. Rothman, the next dean of the Johns Hopkins University School of Medicine and CEO of Johns Hopkins Medicine, will take the helm as the future of American health care remains all but inscrutable beyond the next election and major Supreme Court decision.
Rothman described a “a time of turmoil” at his introductory news conference Monday, referring to attempts to overturn President Barack Obama’s Affordable Care Act and a week’s worth of Supreme Court arguments on the law set for March.
2. Marchers demand jobs at EBDI – by Melody Simmons
Chanting “We want jobs” and “If we don’t work, nobody works,” about 200 city residents marched on East Baltimore Development Inc. headquarters Tuesday, demanding more employment opportunities at the 88-acre redevelopment site.
The protest was organized by Baltimore Community Churches United, whose leaders said EBDI executives had canceled a meeting Monday for discussing hiring goals for BCCU’s 900 members.
3. Hopkins seeks dismissal of lawsuit over MoCo complex – by Melody Simmons
The Johns Hopkins University has filed to dismiss a lawsuit that contends its plans to build a massive life sciences complex in Montgomery County violate the original development agreement made in 1989 with the elderly woman who sold the land to Hopkins.
The motion, filed in Montgomery County Circuit Court this week, says that Hopkins’ plans to construct a 4.7 million-square-foot private biotech center at Belward Farm as part of the Great Seneca Science Corridor should stand. The lawsuit was filed Nov. 10.
4. Maryland lottery ‘believes it is time’ to offer its games online – by Nicholas Sohr
Multi-million dollar jackpots could be just clicks and keystrokes away if the Maryland State Lottery Agency gets its way.
The agency wrote in a report to the General Assembly that it “believes it is time” to offer its games online to capture a larger slice betting-age Marylanders.
5. Exelon, Constellation settle with Justice Department – by Ben Mook
Exelon Corp.’s proposed $7.9 billion acquisition of Constellation Energy Group got another keystone approval Wednesday in the form of a settlement with the Department of Justice over competition concerns.
The companies agreed to sell three electricity generating plants in Maryland. Chicago-based Exelon and Baltimore-based Constellation had already agreed to sell three plants as part of a settlement with the PJM Interconnection, which coordinates the movement of wholesale electricity in 13 states and the District of Columbia.