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Md. yet to distribute $3.6M in slots funds for small businesses
Nearly two years after Maryland's first casino opened, the state has yet to dole out any of the $3.6 million in slots revenue that has accumulated for small, minority- and women-owned businesses, frustrating advocates and lawmakers. State officials are...Tags: Casino and Gambling Industry, Small Businesses, The Jockey Club Incorporated, Allegany County, Investments
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Engaged: Christian Johansson and Lacey Morley
Wedding Date: October 6, 2012
Her story: Lacey Morley, 32, grew up Fork, Md., and currently lives in Federal Hill. She is a member of the leasing team for St. John Properties. Her parents, Paul Morley and Barbara Morley are accountants and partners in...Tags: Memorial Day, Shrimp, Family, Restaurant and Catering Industry, Maryland Zoo Baltimore
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Northrop Grumman to cut 800 jobs, most in Md.
Northrop Grumman Corp.'s plan to eliminate as many as 800 jobs — the second steep reduction for the Linthicum-based Electronic Systems division this year — could presage cutbacks by other federal contractors and further blows to the state's...Tags: Layoffs and Downsizing, Manufacturing and Engineering, Job Layoffs, Labor Markets, Mergers, Acquisitions and Takeovers
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Online tool lets businesses search for Md. location
State economic development officials have launched an online tool to help companies interested in relocating to Maryland or local businesses in need of new space. The Maryland Business Properties database lets users search available sites by type, size,...Tags: Business
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Foreign investment projects from emerging markets advance in April
Businesses in China and India, the emerging markets that Gov. Martin O'Malley has been trawling for trade relationships, are beginning to bite.
This month, the governor announced the opening of a Chinese bank in Baltimore and conducted a forum for Indian...Tags: Salisbury (Wicomico, Maryland), China, India, Regional Authority, Montgomery County (Maryland)
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Nixon went to China — and Maryland followed
2012 marks the 40th anniversary of President Richard Nixon's historic visit to China, a diplomatic triumph that realigned American foreign policy. Since Nixon's trip, U.S.-China relations have been managed from the uppermost echelons of the executive...
Tags: Colleges and Universities, William Donald Schaefer, Local Government, Hillary Clinton, Bethesda (Montgomery, Maryland)
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Chinese bank to establish first U.S. office in Maryland
A Chinese bank will establish its first U.S. office in Maryland, state economic development officials announced Friday. The Export-Import Bank of China and the Maryland Department of Business and Economic Development signed a cooperative agreement...Tags: China, Martin O'Malley, Marketing, Inner Harbor
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Firm chosen to manage Md. tax-credit auction
The Maryland Department of Business and Economic Development said Thursday that it had selected a Pittsburgh-based software company to build a website for auctioning state tax credits to insurance companies as part of a $70 million economic development...Tags: Business, Startups, Business Enterprises, Tax Credits, Business
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Md. advertises its financing help for small businesses
The state is kicking off a $150,000 campaign to advertise financing help for small businesses in Maryland. The state Department of Business and Economic Development said Tuesday that it will be running ads — online and on radio stations for 10...Tags: Business, Small Businesses, Business
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Mayor says another Grand Prix is in city's 'best interest'
Mayor Stephanie Rawlings-Blake said Wednesday that drafting a new contract to continue the Baltimore Grand Prix was the city's smartest move, even as others questioned why the deal didn't do more to recover losses to vendors and taxpayers from the 2011...Tags: Elections, Stephanie Rawlings-Blake, Companies and Corporations, Maryland Stadium Authority, Grand Prix of Baltimore
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The job losses Maryland has suffered are a disgrace
Given that in 2011 Maryland ranked last in job creation and 44th in having a business-friendly environment, some response is required. We could start by getting rid of the Baltimore Development Corporation, the Maryland Department of Business and...Tags: Annapolis, Companies and Corporations, Labor Markets, Baltimore Development Corporation
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Food manufacturer opens location in Cambridge
A Canadian company is launching a food manufacturing operation on Maryland's Eastern Shore, the state announced Monday. Protenergy Natural Foods Corp., based in the Toronto area, has leased a building in Dorchester County that had been used by food...Tags: Dorchester County, Companies and Corporations, Jim Henry, Economic Policy, Cambridge (Dorchester, Maryland)
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