Potomac Edison, a subsidiary of FirstEnergy Corp., completed installation of four electric vehicle (EV) fast-charging stations in Hancock and McHenry, the first such units the company has installed in its Maryland service area. Fast-charging stations, also known as direct-current fast chargers (DCFC), can provide an ...
Read More »Morgan State’s economic impact tops $1B statewide, study shows
A study released by Econsult Solutions Inc. (ESI) shows Morgan State University generates $1.1 billion in annual financial impact on Maryland and $640 million within Baltimore. The report, announced Monday by university President David K. Wilson, reveal an 11.1% increase ...
Read More »Baltimore Metropolitan Council launches Chesapeake Connect Podcast
The Baltimore Metropolitan Council (BMC) Monday announced its annual Chesapeake Connect will go virtual in 2021 as the Chesapeake Connect Podcast because of COVID-19 precautions. Every fall, the BMC leads Chesapeake Connect, an immersive program that brings Baltimore’s leaders to ...
Read More »Harford County retains AAA bond rating
Harford County retained its AAA rating from all three of the major independent bond-rating agencies, county officials said Monday. Standard & Poor’s, Moody’s, and Fitch each reaffirmed their highest possible rating for 2021, placing Harford among the less than 2% ...
Read More »Comcast to launch 15 WiFi-connected ‘Lift Zones’ in Baltimore
Comcast Monday announced plans to equip 15 locations in Baltimore with WiFi-connected “Lift Zones” over the next several weeks as part of its ongoing commitment to help connect low-income families to the internet so they can fully participate in educational ...
Read More »Walker & Dunlop sells, finances Marquis multifamily property near LA
Bethesda-based commercial real estate finance company Walker & Dunlop Inc. announced Monday it completed the sale and financing for OLiVE DTLA, a 293-unit Class A multifamily property completed in 2016. The seven-story building is located in downtown Los Angeles’ desirable South Park neighborhood, ...
Read More »New head of Maryland Bankers Association looks to build on strengths
On Jan. 11, Ramon O. Looby took over as president and CEO of the Maryland Bankers Association, the organization that represents the more than 1,400 branches of community, regional and nationwide banks and thrift associations. He succeeded longtime president and ...
Read More »Tyson Foods to pay $221.5M to settle price-fixing claims
LITTLE ROCK, Ark. — Tyson Foods, the nation’s largest meat supplier, said it will pay more than $200 million to settle a class-action suit that alleged price-fixing among chicken producers, saying the agreement is in the best interests of the ...
Read More »Judge says Amazon won’t have to restore Parler web service
Amazon won’t be forced to immediately restore web service to Parler after a federal judge ruled Thursday against a plea to reinstate the fast-growing social media app, which is favored by followers of former President Donald Trump. U.S. District Judge ...
Read More »Existing home sales rise in 2020 to highest in 14 years
WASHINGTON — Sales of existing homes rose 0.7% in December, pushing the entirety of 2020 to a pace not seen in 14 years and providing one of the few bright spots for a U.S. economy mired in a global pandemic. ...
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