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Laureate Education to sell universities in Milan, Cyprus for $263 million

Laureate Education Inc. will sell its for-profit universities in Italy and Cyprus to Galileo Global Education for $263 million, the Baltimore-based company announced Wednesday. The sale of the three universities — Nuova Accademia di Belle Arti Milano and Domus Academy in Milan, and European University...

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  • Primitive Beginnings will open Fells Point store

    Primitive Beginnings will open Fells Point store

    Primitive Beginnings, a young women’s apparel retailer that started online and operates an Ellicott City store, plans a second location in Fells Point. The store will open Dec. 1 at 1641 Thames Street. Ellicott City resident Katy Miller started the business as online-only in 2007. She and co-founder...

  • MTA bus service changes in Baltimore represent 2 percent cut, report says

    MTA bus service changes in Baltimore represent 2 percent cut, report says

    The seasonal bus service changes proposed by the Maryland Transit Administration represent a loss of 183 bus runs and 3,350 miles per week — a 2 percent cut to the overall service, according to a report released Tuesday by a local rider advocacy group. The Central Maryland Transportation Alliance...

  • Ikea relaunches dresser recall after death of eighth child

    Ikea relaunches dresser recall after death of eighth child

    Ikea relaunched a recall of 29 million chests and dressers Tuesday after the death of an eighth child. Chief Executive Lars Petersson said Ikea wants to increase awareness of the recall campaign for several types of chest and dressers that can easily tip over if not properly anchored to a wall....

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  • Maryland government needs more staff to perform mission, analysts say

    Maryland government needs more staff to perform mission, analysts say

    The executive branch of Maryland’s state government needs to fill 1,200 vacancies and create another 1,200 new positions to carry out essential functions, legislative analysts have concluded. The Department of Legislative Services has told the General Assembly’s Spending Affordability Committee...

  • Maryland unemployment rate stays steady in October

    Maryland unemployment rate stays steady in October

    Maryland lost 5,500 jobs in October though the unemployment rate remained steady at 3.8 percent, the U.S. Labor Department reported Friday. The jobless rate remained below the national average of 4.1 percent, which ticked down from 4.2 percent in September as the employment picture improved in...

  • Maryland adds 2,400 jobs in September as unemployment falls

    Maryland adds 2,400 jobs in September as unemployment falls

    Maryland added 2,400 jobs in September as the unemployment rate ticked down to 3.8 percent, the U.S. Labor Department said Friday. The state’s jobless rate remained below the national average of 4.2 percent, according to the Bureau of Labor statistics. Maryland was one of 11 states where the jobless...

  • Baltimore Teachers Union votes to ratify new contract after months of negotiations

    Baltimore Teachers Union votes to ratify new contract after months of negotiations

    The Baltimore Teachers Union has voted overwhelmingly to ratify a three-year contract with the school board after more than a year and a half of tense negotiations. The contract approved Monday night ensures teachers’ health care benefits through the end of 2019 and provides them with a one-time...

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Hopkins partners with investment management firm to boost early stage research

Johns Hopkins University scientists will get a $65 million infusion of funding from a Wall Street investment firm that they hope will help bring more drugs and other medical treatments to market. The investment from New York-based Deerfield Management Co. comes as government funding for scientific...

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  • Make holiday shopping for your clients easy this year

    Make holiday shopping for your clients easy this year

    The holidays are known as the most wonderful time of the year, but they're also a great opportunity for reflection, particularly in a business setting. This is the time of year when you can look back on the last 12 months and appreciate everyone who helped make the year a success for your business....

  • Small businesses have struggled to find funding: Not anymore

    Small businesses have struggled to find funding: Not anymore

    In business, dreams are easy. Finding the money to make them happen, however, can be difficult. Even established, successful businesses can get turned away for loans at banks. This was the case for Sole Bicycles, a popular maker of stylish, high-performance bikes based in Venice Beach, California....

  • 5 big changes for today's small businesses

    5 big changes for today's small businesses

    A generation ago, the notion of a small business owner meant something very different. You pictured a person who owned their own storefront, often named after themselves, and every day they were the first to arrive and the last to leave. They worked tirelessly for their customers, and their reward...

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