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NextCure prices $150M public stock offering
A Beltsville biopharmaceutical company plans to raise $150 million in a public offering of stock.
Federal watchdog sues Maryland debt collection company
A federal watchdog agency sued a debt collection company and its owner Wednesday, accusing them of collecting debts without a "reasonable basis" to assert that consumers owed the money.
Officials: Man throws ‘Molotov cocktail’ in Md. store, injuring 2
Authorities say a man threw a "Molotov cocktail" inside a liquor store in the Maryland suburbs of Washington, injuring two employees.
ATF to test-burn Christmas trees after Md. mansion fire
Fire investigators are scheduled to hold controlled burns of Christmas trees as part of an investigation into a fire that killed six in January near Annapolis.
Beltsville office building sells for $16.85M
Boyd Watterson GSA Fund LP purchased the 105,673-square-foot building in the Ammendale South Technology Center.
MedStar helps Beltsville firm commercialize invention
A Beltsville-based technology company is developing a first-of-its-kind device that could make it easier for people with severe lung and neuromuscular disorders to breathe.
More data centers coming to Maryland
GLEN BURNIE — Beltsville-based AiNet is preparing to open a data center in Glen Burnie, setting it up for cross-state competition with traditional data center hotspot Ashburn. Deepak Jain, the company’s president and founder, said the company plans to open by July the first phase of a 300,000-square-foot data center on 15 acres. The center […]
O’Malley signs bill legalizing gay marriage
BELTSVILLE — With Maryland legalizing gay marriage, some conservative opponents and religious leaders are counting on members of their congregations, especially in black churches, to upend the legislation at the polls this fall. Many African American church leaders oppose gay marriage in the liberal-leaning state that’s nearly one-third black, and President Barack Obama’s re-election cam[...]
Top 5: ‘Hanging on to what you’ve got is harder’
Solar energy company SunEdison announced it will be moving its headquarters to California, and speaking fees for pharmaceutical companies are going down. Those stories and more in this week’s business Top 5. 1. Maryland’s top lobbyists got $15.5M during 2011 session – by Nicholas Sohr Maryland’s biggest businesses, interest groups and labor unions increased spending […]
Beltsville-based SunEdison moving HQ to California
SunEdison LLC became the second large solar energy company to leave Maryland when it announced that its long-rumored move to California was official. California Gov. Edmund G. Brown Jr. and SunEdison officials made the announcement Monday at the company’s new headquarters in Belmont, Calif. One of the main reasons behind the move, they said, was […]
SunEdison sells solar energy systems to German company
SunEdison LLC of Beltsville, a worldwide solar energy services provider, said a German investment company purchased 33 megawatts of solar photovoltaic systems located in Italy and Spain. Terms of the transaction, including financial details, were not disclosed. The same company, KGAL GmbH & Co., of Grunwald, Germany, acquired 20 MW of solar energy systems from […]
Beltsville-based SunEdison joins Pecan Street project
SunEdison LLC of Beltsville, a provider of solar energy services, said it will lead development of advanced home solar photovoltaic charging systems for Chevrolet Volt electric vehicles, as part of its participation in the Pecan Street Inc. smart grid project in Austin, Texas. Pecan Street Inc. is creating a consumer-focused smart-grid demonstration project in Austin, […]
