Top 5: ‘It’s important that we don’t drop the ball’

The Port of Baltimore was named the No. 1 automobile shipping hub, and the organizer of the Baltimore Grand Prix, Baltimore Racing Development LLC, is trying to raise a lot more money. Those stories and more in this week's business top 5. 1. Md. Energy Administration opposing BGE acquisition - by Ben Mook and Nicholas Sohr The Maryland Energy Administration and the administration of Gov. Martin O’Malley are opposing Constellation Energy Group’s $7.9 billion acquisition by Exelon Corp. unless changes are made in the deal. MEA Director Malcolm Woolf said in sworn testimony filed with the Maryland Public Service Commission on Friday that the deal would harm customers of Constellation, the parent company of Baltimore Gas & Electric Co. Woolf said the deal posed “significant risk of harm to BGE customers.” He said BGE would lose its independence after 195 years and would become a small cog in a much larger company. 2. Hopkins president lays out plans for East Baltimore Community School - by Melody Simmons Johns Hopkins University President Ronald J. Daniels launched a public campaign Tuesday outlining Hopkins’ plans for the new East Baltimore Community School, a public contract school in Middle East. During an hour-long presentation at the Hopkins Carey Business School, Daniels unveiled the university’s philosophy and intent to use the public school to help attract new housing and turn around the blighted urban community, now part of a $1.8 billion redevelopment by the nonprofit East Baltimore Development Inc.

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