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Business

Jan 14, 2021

Baltimore’s Access Holdings invests in Oklahoma car wash operator

Car Wash Owners Network (CWON), a portfolio company of Baltimore-based mid-market investment firm Access Holdings, today Thursday announced it has closed its investment in Okie Express Auto Wash, the largest […]

US budget deficit up 60.7% in first 3 months of budget year
Jan 13, 2021

US budget deficit up 60.7% in first 3 months of budget year

WASHINGTON — The U.S. government’s deficit in the first three months of the budget year was a record-breaking $572.9 billion, 60.7% higher than the same period a year ago, as […]

Morgan State to launch new Center for Urban Health Equity
Jan 13, 2021

Morgan State to launch new Center for Urban Health Equity

Morgan State University, Maryland’s preeminent public urban research university, Wednesday announced plans to launch the university’s first Center for Urban Health Equity. Housed within the university’s School of Community Health and […]

The Reliable Group acquires Hyatt Commercial
Jan 13, 2021

The Reliable Group acquires Hyatt Commercial

The Reliable Group, a full service commercial real estate firm recently formed under The Reliable Companies, has acquired and restructured Hyatt Commercial, a subsidiary of Severn Bank. Terms of the […]

Baltimore seeks developer for Acme Business Complex
Jan 13, 2021

BDC issues RFP for purchase, redevelopment of Acme Business Complex

The Baltimore Development Corporation (BDC), on behalf of the mayor and city council of Baltimore, Wednesday released a Request for Proposals (RFP) for the purchase and redevelopment of the Acme […]

FRP Development Corp. acquires 55-acre site in Aberdeen
Jan 13, 2021

FRP Development Corp. acquires 55-acre site in Aberdeen

FRP Development Corp. (FRP), a Baltimore-based development and investment company, has acquired a 55-acre site in the Aberdeen section of Harford County. Terms of the deal were not disclosed. The […]

Sheehy Auto Stores dealerships unite to lend COVID-19 support
Jan 13, 2021

Sheehy Auto Stores donates to 7 Md. charities in Annual Giving Program

Sheehy Auto Stores Wednesday announced seven nonprofits in Baltimore and Hagerstown will share in $115,000 in donations through the company’s Annual Giving Program. The program will help 22 charities throughout the […]

Yes Chef offers free meals to local health care workers
Jan 13, 2021

Yes Chef offers free meals to local health care workers

Yes Chef, a Baltimore-based meal delivery service specializing in fully-prepared, balanced meals crafted by professional chefs, is showing its support for the local health care community during the most recent […]

Enterprise Community Development closes on financing for Hickory Ridge Place
Jan 13, 2021

Strategic Factory acquires Baltimore’s A|A Signs

Strategic Factory, an Owings Mills-based, single-point provider for print, signage, branded products and marketing, Wednesday announced it acquired Baltimore sign manufacturer A|A Signs. Terms of the deal were not disclosed. […]

Jan 13, 2021

Enterprise Community Development closes on financing for Hickory Ridge Place

Enterprise Community Development Inc. (ECD) closed on financing for the preservation and modernization of Hickory Ridge Place, an existing apartment community in Columbia. The organization will begin the $37.4 million recapitalization […]

Job openings down in most industries, while layoffs spike
Jan 12, 2021

Job openings down in most industries, while layoffs spike

WASHINGTON — Layoffs spiked in November compared with the previous month and the number of job openings slipped, signaling that the job market has stalled as the resurgent coronavirus has […]

IRS gets more relief payments out after delays
Jan 12, 2021

IRS gets more relief payments out after delays

The IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. The government began distributing the payments, worth $600 per eligible […]