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Top 5: ‘We will be in your face’

More troubles for the organizer of the Baltimore Grand Prix, another round of terminal shuffling at BWI and a drop in casino revenue were among the most-read business stories of the week. Baltimore’s newest hotel and a contentious hearing over a controversial East Baltimore redevelopment round out the Top 5:

1. Baltimore threatens to cut ties with Grand Prix organizer — by Nicholas Sohr

City officials to sever ties with the organizer of the Baltimore Grand Prix unless the company pays its bills and climbs out of the red and into profitability.

Baltimore Racing Development owes the city more than $1.5 million, according to city figures, and has been beset by lawsuits from unpaid vendors since the inaugural race over Labor Day weekend.

The threat from Mayor Stephanie Rawlings-Blake to end the five-year contract four years early throws the future of the race into doubt even after Baltimore leaders continue to hail the event as a success.

2. AirTran moving terminals at BWI — by Nicholas Sohr

Baltimore-Washington International Thurgood Marshall Airport will shuffle the locations of some of its air carriers next week and again in December to prepare for a $100 million expansion project slated to begin in the spring, officials announced Wednesday.

The changes at BWI will allow for the continued growth of Southwest Airlines Co. The low-fare carrier is already the dominant airline at Maryland’s airport and will take a 70 percent share of the market when it completes its acquisition of AirTran Airways next year.

3. EBDI leaders hit on job creation at hearing — by Melody Simmons

Former residents and job seekers from East Baltimore hammered at officials of East Baltimore Development Inc. on Wednesday about missed employment opportunities and delayed housing during a packed hearing in the City Council chamber on the controversial $1.8 billion redevelopment project, now in its second decade.

The two-hour investigative hearing, a continuation from a March 30 hearing called by Councilman Carl Stokes, drew a crowd of about 120 and was at times informative and contentious.

4. Four Seasons to add luster to Baltimore — by Melody Simmons

Inside the city’s newest luxury development, the Four Seasons Hotel Baltimore, many of the walls and chandeliers shine with an elegant gold luster. The floors are Turkish marble, hickory and black walnut. Modern art makes a bold statement and a stately grand staircase greets visitors near the front doors.

The $200 million Harbor East property is set to officially open Nov. 14, and teams of workers are busy preparing the site and putting up finishing touches on project where rooms and suites cost between $279 and $1,500 per night.

5. Casino revenue drops in October — by Nicholas Sohr

Maryland’s casinos brought in $12.9 million in October, a decrease of $1 million from the month before, according to figures released Monday by the Maryland State Lottery Agency.

Hollywood Casino Perryville accounted for $9.1 million, a 20 percent decline from October 2010. Casino officials have attributed that strong showing one year ago to the buzz surrounding the slots parlor in its first full month of operation.