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Business Buzz

Business Buzz

The Daily Record's business blog

AOL finally using Millennial Media

Wondering whatever became of AOL’s big plans to use Baltimore-based Millennial Media’s mobile ad platforms? After all, AOL paid $250 million for the company in 2015 as part of a drive to boost its presence in the mobile ad space. ...

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T. Rowe Price CFO Moreland stepping down

T. Rowe Price Group announced this morning that Chief Financial Officer Kenneth V. Moreland will retire in 2017 after 13 years at the firm. The company said it will begin a search for a new CFO immediately. Moreland oversees the firm’s financial operations ...

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Baltimore Restaurant Week returning in January

Baltimore Winter Restaurant Week  is coming back to the city from Jan. 13 to 22 with more than 100 restaurants across the city offering 10 days of special, prix-fixe menus for brunch, lunch and dinner. The event, presented by Visit Baltimore ...

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Under Armour’s Connected Fitness users took 30,000 trips around the world in 2016

Under Armour’s Connected Fitness platform added 30 million users this year, ending 2016 with 190 million users around the world. The Baltimore sports apparel brand recently released data on how much its users worked out, what they ate and how ...

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Blue Apron IPO on hold

Blue Apron’s plans for an initial public offering have been put on hold as the meal-kit delivery company seeks to improve its financial metrics, Bloomberg reported. Blue Apron’s CFO, Brad Dickerson, was formerly CFO for Baltimore sports apparel giant, Under ...

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TEDCO invests $1.9 million in Maryland startups

The Maryland Technology Development Corporation (TEDCO) announced today that the organization gave $1.9 million in funding to 19 companies from its Seed Investment Fund in the last six months.The companies will use that money toward technology and product commercialization efforts. ...

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Under Armour unveils more ‘smart’ running shoes

After unveiling its first smart shoe earlier this year, Under Armour unveiled a new, expanded line of running shoes on Wednesday that connect to the Baltimore sports brand’s mobile app. The UA Record Equipped running shoes including the UA SpeedForm ...

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