A philosophical divide over the benefits of shared risk versus the rights of individual companies to make health insurance choices lies at the heart of a high-stakes tussle now playing out in Annapolis.
When I testified in Annapolis to support the proposed Angel Investor Tax Credit, my panel was asked a not wholly unexpected question: Why should a bunch of investors get a tax credit when they voluntarily back high-risk companies with the hope of receiving tremendous profits? The operative word is "hope." Startup failure hovers around 80 to 85 percent. As a board member of the Baltimore Angels, when my colleagues and I recruit people to join and ask them to put their money behind local startups,
Adams Express, an 86-year-old closed-end investment fund based in Baltimore, is being targeted by an activist investor who has waged proxy battles against numerous other companies and thinks it is significantly undervalued.
Mayor Stephanie Rawlings-Blake plans to focus much of Monday's State of the City speech on a plan to bolster small businesses, including more funding for the city's Small Business Resource Center and $1 million for an "innovation fund" to help small firms acquire the latest technologies.
The Carroll County Board of Commissioners is unified in opposition to several proposed tax cuts in the General Assembly that would affect the retirement incomes of military personnel, first responders, the elderly, the disabled and property taxes for small business.
A new proposal to turn the land into an Under Armour campus and mixed-use neighborhood would take the area even farther from its industrial roots. But this plan, privately backed by the company's billionaire CEO, is unlikely to provoke similar upset, many said, especially because it provides an alternative to the company expanding into port operations in Locust Point.
Increasing globalization and political instability around the world have prompted iJET to ramp up hiring and move into a new headquarters, where it keeps eyes on more clients and incidents around the world.
More than a year after it was proposed, a major project to build single-family houses and a large retirement community on a former farm east of Bel Air has the majority of the necessary Harford County approvals to proceed, but county officials, state officials and the developers are still trying to work through traffic mitigation issues.
Maryland is a strong state overall but has pressing challenges. Many people work hard but can't afford decent homes in their communities or find work. Community development organizations are working on all of these issues and more. As a state, let's continue to give them the tools to succeed.
The members of the Bel Air Board of Appeals approved the Independent Brewing Co. LLC's application for a special exception Tuesday evening, part of a lengthy town, county, state and even federal approval process the company must go through before it opens a craft brewery in Bel Air.
Bills introduced recently in the state Senate and House of Delegates would implement a tax increase in the form of a new levy on the service fees of online travel agents (OTAs), brick-and-mortar travel agents and other local travel service providers. The Maryland Senate's S.B. 190 and companion in the House of Delegates H.B. 1065 would add a new tax on travel services, ultimately making Maryland travel more expensive and less competitive.
Baltimore's assessable tax base increased by $1.3 billion last year, the state tells us, so what's wrong with this picture? What's wrong is this: Baltimore's growing wealth could cost it $14 million in state funding for our public schools.
Onstage at a major computer security summit at Stanford University, President Barack Obama signed an executive order Friday to make it easier for private companies to dip into the government's deep reservoirs of data on cyberattacks.
The City of Havre de Grace's sometimes controversial business loan program will probably be allowed to run its course rather than be shut down altogether, the two officials most closely involved with the program say.
Prince George's County is one of the best examples of what "business friendly" looks like in Maryland. We hope the governor supports our efforts and we look forward to continuing our success in the county and throughout the entire state.
Home sales in the Baltimore area had their best January in eight years, and all signs point to a strong spring market, real estate analysts said. Numbers released by the RealEstate Business Intelligence and the Greater Baltimore Board of Realtors — reflecting slightly different spans of time — show January sales up by 18.4 and nearly 17 percent respectively compared with a year before. The sales figure was the best since 2007, RBI reported.
Republicans seem confused as to whether they should stick to the theme that the economy is still weak — which they've been claiming since President Obama took office, even though the Great Recession was created on their watch — or whether they should acknowledge the obvious sharp improvement in the economy today and somehow take credit for it.
Some lawmakers said Monday that General Assembly should change a school funding formula that gives great weight to property values — and is projected to cost Baltimore millions of dollars in lost state aid for next year.
A group of Johns Hopkins Hospital nurses is taking part in a pilot project using smart phones to monitor chronic wounds, but how the technology develops as a business will hinge in part on activity in new office and laboratory space next door — the second commercial incubator the university has opened in three years.
One recent morning, the eighth-graders in Jesse Chacona's class at Hampden Elementary/Middle received a primer on concepts foreign to many adults — how to evaluate a publicly-traded company's balance sheet, what's cash flow, why a CEO issues an annual letter to shareholders.
With development booming in Baltimore, the city's property wealth grew by more than $1.3 billion last year — by far the fastest rate in Maryland. But those gains have come with a cost: deep cuts to city schools.
Still fuming at what they considered the partisanship of Gov. Larry Hogan's State of the State address, the General Assembly's Democratic leaders predicted Thursday that most of the governor's legislative agenda would fail.
Columbia-based specialty chemicals giant W.R. Grace & Co. announced Thursday that it would split into two independent companies, one focused on construction products and one focused on other materials and chemicals.
Gov. Larry Hogan offered four kinds of tax relief in the first State of the State speech of his nascent administration, promising to push for breaks that impact the environment, small businesses, some retirees and transportation funding.