Legg Mason plans to close a deal to restructure $650 million in debt this month, a move designed to lock in favorable interest rates for the long term while taking advantage of the market's sustained appetite for corporate bonds.
Gap Inc. brands ¿ Gap, Old Navy, Banana Republic, Piperlime, Athleta and Intermix ¿ are among a growing group of major U.S. retailers now paying more than the federal minimum wage of $7.25 an hour for entry-level employees.
As Lievinne Mongu listened to the speakers at her naturalization ceremony on Friday, she reflected on her 14-year journey, from fear in the war-torn Democratic Republic of the Congo to asylum in the United States, a home in Silver Spring and a job with the International Monetary Fund in Washington.
John Laursen, an Army veteran of the wars in Iraq and Afghanistan, and his wife Casey have spent about than a year handling his recovery after being medically evacuated from Afghanistan, but they are able to begin moving forward, with the first steps being across the threshold of their new home in Harford County Wednesday.
Continuing the Obama administration's push to launch a U.S. offshore wind industry, federal officials announced Wednesday that they'll auction off the rights next month to build turbines off Maryland's coast.
The state said Tuesday it has approved bigger tax breaks for industrial properties in Southeast Baltimore, including the site of the new Amazon warehouse. The benefits, which are designed to spur job creation in an area where several businesses have recently closed, went into effect July 1.
The dispute over whether gas station-and-convenience store chain Royal Farms should be allowed to have direct access to Columbia's Snowden River Parkway continued Monday before Howard County's hearing examiner.
14 communities in north Baltimore have partnered to create the Baltimore Broadband Campaign. We want to demonstrate that, through the intelligent use of existing fiber infrastructure and the installation of new fiber where necessary, an economically viable, competitive broadband service is possible in the city. And it need not come from Comcast or Verizon: there are over 800 fiber optic providers of various types in the United States. Apparently, though, none have yet seen adequate economic
By By Philip Spevak and Stan Wilson and Anthony Gill
Silicon Valley's deals for two Columbia firms — the proposed Micros Systems acquisition last week and Sourcefire last year — strike local entrepreneurs as wins rather than losses. They want more California tech giants doing business here, more billion-dollar-plus acquisitions, more companies spinning off with the money from those deals.
According to a new study of the top U.S. seafood imports, an estimated 20 to 32 percent of the wild-caught seafood crossing our borders was found to have originated from illegal sources. Other recent research has have found that up to 33 percent of seafood samples tested in the U.S. were mislabeled, substituting one species of fish for another. The inability to distinguish between legally and illegally caught fish undermines progress being made both in the U.S. and abroad, puts law-abiding
After her gubernatorial loss in the Maryland Democratic primary election, Heather Mizeur's campaign and supporters look to make a lasting impact on state politics by changing the way campaign are conducted and assuring the progressive agenda gets attention and prompts policy changes.
Regulations should keep e-cigarettes cheaper and more convenient than conventional cigarettes, but still expensive and inconvenient enough to deter a new generation of nicotine addicts. Banning e-cigarette use inside public buildings would be a great step toward achieving this.
Reisterstown was granted status as a Sustainable Community per the Sustainable Communities Act of 2010, making it possible for the area to soon see dramatic changes both to its appearance and economic standing.
By By Elaina Clarke and Community Times Staff Reporter
Laurel Health Foods store owner Monika Price is preparing to close the store on Main Street and leave the historic district when her lease expires this month. The good news is that Laurel Health Foods, which Price's mom, Maria Lowe opened 44 years ago, won't disappear completely, but will be downscaled in a much smaller location. Price's sons, Philip and Curtis Price, own a 6,000-square-foot CrossFit gym at 14210 Cherry Lane Court, and are designing a space for the store in the gym's current
While not a new issue, the need to emphasize infill and redevelopment continues to increase as Maryland grows. Focusing on redevelopment improves quality of life by increasing access to jobs, shopping and services, and boosts local economies.
On June 10, Caves Valley Partners, a Towson-based development firm, announced a plan to build a $250 million mix of offices, apartments and stores on a three-block stretch of largely commercial properties in Sharp-Leadenhall. News of the project brought excitement to a community long overlooked for investment, while also reviving memories of the history of the broader neighborhood, where about 3,000 people were relocated and more than 300 inhabited homes demolished as part of urban renewal
We welcome Mayor Stephanie Rawlings-Blake's Anchor strategy initiative, to be announced Wednesday. It includes partnership agreements between major Baltimore higher education and medical institutions and the city government to advance economic development in various communities through increased cooperation relating to the four priority areas of public safety, local hiring, local purchasing, and quality of life issues that affect us all. . It is everyone's responsibility to actively and
By By Joan Develin Coley, Ronald Daniels and Fred Lazarus IV and Brian Linnane
Agents from the Maryland Comptroller's Office have filed multiple charges against the owner of a Harford County winery after they found the winery was operating without a license, among other alleged violations.
Silicon Valley software giant Oracle Corp. announced a deal Monday to buy Micros Systems for $5.3 billion, eyeing the Columbia firm for its niche supplying technology to hotels, restaurants and retailers around the world.
Baltimore lawyer and sports agent Ron Shapiro asked Mayor Stephanie Rawlings-Blake last year how the private sector could help the city, and she brought up the firehouses' dilapidated kitchens. On Tuesday, exactly one year after their first meeting, fire officials and the mayor's office will unveil a plan to renovate 18 of the kitchens over the next year through public-private partnerships with more than a dozen Baltimore-based companies, including Shapiro Negotiates Institute, T. Rowe Price,