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Business Buzz

Business Buzz

The Daily Record's business blog

Mar 30, 2016

What’s in the McCormick shareholder giftbag?

Unpacking a multitude of gifts from the Sparks-based spice giant.

Kevin Plank
Mar 28, 2016

UMD picks Plank for commencement speaker

The University of Maryland, College Park is sticking close to home with its choice of commencement speaker this year. Under Armour CEO (and noted UMD alumnus) Kevin Plank will deliver this year’s address at the spring commencement ceremony on May 18, the university announced Monday. Plank was inspired to create a better-quality fabric — one […]

Mar 28, 2016

Retailers with data breaches slow to adopt chip card readers

Experiencing a data breach doesn’t seem to be enough to scare about 43 percent of U.S. retailers into getting chip card readers in their store, a survey by CardHub found. As of October 1, 2015, the liability for  a credit card data breach shifted from the credit card company to the retailer, giving businesses more […]

Mar 25, 2016

TEDCO pumps $1.7M into 17 startups

Cybersecurity, high-tech wood stoves, video games and blood transfusions. It’s been a busy six months for the Maryland Technology Development Corp. The state-created organization (known as TEDCO to you and me), which provides guidance and early-stage funding for startup companies in the state, awarded $1.7 million — $100,000 each — to 17 area companies through […]

Mar 24, 2016

Would you like bacon on your doughnut?

North Carolina-based chain opens its first outpost in Maryland.

Mar 22, 2016

Curry shoe designer leaves Under Armour for Nike

Dave Dombrow, the Baltimore-based brand's senior vice president of design, helped develop signature products for Stephen Curry and Cam Newton.

Mar 21, 2016

Towson U., BCPS team up to teach Vonnegut

Listen: For decades, bookish teenagers have embraced the work of novelist Kurt Vonnegut (1922-2007), devouring book after book with a nearly fanatical devotion that eventually fades but leaves fond memories as they move into adulthood. Vonnegut’s best-known works include “Slaughterhouse-Five,” which incorporated his own memories of the firebombing of Dresden; “Cat’s C[...]

Mar 17, 2016

Loyola appoints racial justice task force

Loyola University Maryland is responding to student concerns about racial insensitivity by establishing a task force to make recommendations about campuswide racial justice training. The 14-person panel, created by the Rev. Brian F. Linnane, the university’s president, is comprised of students, faculty members and administrators and is examining best practices for racial justice training on [...]

Mar 16, 2016

1st Mariner opening first location in the First State

Baltimore-based 1st Mariner Bank, is opening its first office outside Maryland and the greater Baltimore region. The bank announced Wednesday that it will be opening an office for members of 1st Mariner’s commercial lending team in Newark, Delaware, citing job growth and a diverse business landscape in the state. “We are thrilled to expand our commercial lending […]

Mar 14, 2016

Kevin Plank talks about investment in Baltimore at SXSW

When Kevin Plank started Under Armour nearly 20 years ago, he had no idea he would be talking about the company to a roomful of entrepreneurs at South by Southwest (SXSW), boasting about the Baltimore apparel company’s technological innovations. “The evolution of your brand must be fluid,” said Plank in Austin on Monday. “Every product […]

Kirby Fowler
Mar 14, 2016

Downtown Partnership wants UM merger ‘off the table’

A partial merger of the University of Maryland, College Park and the University of Maryland, Baltimore that’s being considered by state lawmakers will be bad for Baltimore, according to leadership of the Downtown Partnership of Baltimore Inc. “Downtown Baltimore and UMB are in a symbiotic relationship with each other,” J. Kirby Fowler Jr., the organization’s […]

Mar 9, 2016

Proposed Md. healthy vending machine requirement an opportunity for some

A proposal to ensure that every vending machine on state property is at least 75 percent filled with healthy food and drink options has drawn fire from some business groups, but one local vending machine supplier sees it as an opportunity. Erik Gottschalk is a partner in a Maryland-based franchise of Fresh & Healthy Vending, […]

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