Business

Constellation Energy was the only Baltimore-based corporation to make the annual Fortune 500 list after its first full year as an independent company. The energy company, with $24.4 billion in revenue last fiscal year, came in 162nd on Fortune magazine’s annual ranking of the largest U.S. corporations by revenue.

State regulators have ruled in favor of four Baltimore-area insurance brokers who accused Erie Insurance more than two years ago of discriminating by engaging in insurance “redlining” of predominantly Black neighborhoods in the city. Erie unlawfully canceled or rejected business from brokers based on race or other discriminatory or arbitrary reasons, the insurance administration said.

Many big companies, including Target and Bud Light’s parent, are still backing Pride events in June despite the minefield that the monthlong celebration has become for some of them.

Forbes released its list of America’s richest self-made women on this week, and all your faves are on it.

Saudi Arabia said Sunday that it will reduce how much oil it sends to the global economy, taking a unilateral step to support the sagging cost of crude after two earlier production cuts by members of the OPEC+ alliance of major oil-producing countries failed to push prices higher.

Real estate developer David Bramble asked Baltimoreans for their potentially million-dollar ideas regarding renovations to Harborplace, the mostly vacant twin pavilions in the Inner Harbor Saturday morning.

Next to Musk, Irwin was the most prominent voice of the company’s ever-changing content policies in recent months.

DuClaw Brewing Co. has become the latest craft brewery in Maryland to be acquired by an out-of-state brewery amid consolidation in the industry. Baltimore-based DuClaw, founded more than 25 years ago in Bel Air, announced that it has been bought by River Horse Brewing Co., based in Ewing, N.J.