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Recent Articles from Maria Zilberman
Foreclosure filings up in Baltimore metro area
While the number of foreclosure filings in the United States decreased by 2 percent from January to February, the Baltimore metropolitan area saw a 32 percent increase, new data show. There were 698 foreclosure filings — default notices, scheduled auctions and bank repossessions — in the area in February, accounting for one in every 1,622 […]
NCAA basketball bid means more cash for Loyola
Loyola University Maryland’s online campus bookstore typically sells between two and five items per day. In the past week, as the school’s basketball team prepares for its first men’s NCAA basketball tournament appearance since 1994, they’ve sold about 300 pieces of apparel. Inside the store, things have also heated up since Loyola won the Metro […]
Slots machines slide into Maryland Live! Casino
Ladies and gentlemen, get your coin purses ready: The first 100 slot machines arrived Wednesday at the Maryland Live! Casino in Hanover. Having the machines up and running on the casino floor “really brings some reality to how close we are to the completion of this project,” said Rob Norton, president and general manager. “Every […]
Winchester rejects plan to lure Hagerstown Suns
Officials in Winchester, Va., have voted down a plan aimed at luring the Hagerstown Suns minor-league baseball team to the city. The plan called for giving land in a city park to the Winchester Development Authority. The authority would have built a multipurpose stadium on the site. The decision by the City Council, which came […]
Exelon completes $7.9B acquisition of Constellation
Exelon Corp. will proceed immediately with staffing decisions now that the company has completed its $7.9 billion acquisition of Baltimore-based Constellation Energy Group, a company spokeswoman said Monday. The deal, which has been in the works for nearly a year, became official on Monday. On Friday the deal cleared its last regulatory hurdle, opening the […]
Daily Record parent sees mixed 4Q results
The Dolan Company, parent of The Daily Record, saw mixed results in the fourth quarter, as an accounting adjustment helped drive profit up, but a continued slowdown in foreclosures led to a drop in revenue. Minnesota-based Dolan reported net income of $10.4 million for the quarter, or 36 cents per share, an 87 percent increase […]
T. Rowe Price CEO pay rises 10.5 percent
The CEO of T. Rowe Price Group saw his pay rise 10.5 percent last year as the company increased its net income and assets under management. James A.C. Kennedy was paid a total of $7.9 million for 2011, according to the company’s proxy statement, which was filed with the Securities and Exchange Commission Thursday. In […]
Bell named new president at UMES
Juliette B. Bell will be the next president of the University of Maryland, Eastern Shore, the University System of Maryland Board of Regents announced Wednesday. Bell, who will take over at UMES July 1, has 20 years of experience in higher education and has been the provost and vice president for academic affairs at Central […]
Walters’ director Vikan stepping down after 27 years
The best thing about the Walters Art Museum, according to Gary Vikan, is a Saturday afternoon. “You just stand in that lobby and watch parents and children and young couples, African Americans, Hispanics — this is what a museum should be,” said the Mount Vernon museum’s director. Vikan, 65, has served in his position for […]
New $3.3M fund for Baltimore startups
Baltimore entrepreneurs and startup companies received a $3.3 million boon Tuesday with the formation of a new angel investment fund. Through the “Propel Baltimore Fund,” a joint effort by The Abell Foundation, a Baltimore-based nonprofit, and the Maryland Technology Development Corp., businesses based in Baltimore, or willing to relocate to Baltimore, can receive an investment […]
Whipping up a new batch of business
Sprinkles Cupcakes, the Beverly Hills-based bakery that started a dessert revolution, may have just done it again. By Friday, the company hopes to have its first cupcake vending machine up and running, dispensing its palm-sized treats 24 hours a day. The first one will be at the original Beverly Hills store, but the company plans […]
Study supports Convention Center expansion
A proposed expansion to the Baltimore Convention Center and a new downtown arena could increase direct spending by $138.7 million to $181.6 million annually, potentially supporting 2,360 to 3,100 new jobs, according to a study released Monday by the Maryland Stadium Authority. The $150,000 feasibility study, requested by Mayor Stephanie Rawlings-Blake and Gov. Martin O’Malley, […]
