Two Maryland senators called on state energy regulators Thursday to order the spinoff of Baltimore Gas and Electric as an independent, publicly traded company as a condition of approving the merger between BGE's parent Constellation Energy Group and Chicago-based Exelon Corp.
Education reforms stand to gain significant financial support under a historic $8 million endowment bestowed to the Baltimore Community Foundation, which the organization said will double its resources to support education projects in Baltimore city and county school districts.
Baltimore Gas and Electric Co. "performed very well" under difficult circumstances to restore power to 756,000 customers who lost electricity in the wake of Hurricane Irene, the utility's chief executive officer told Maryland energy regulators Monday.
With casinos now operating in Cecil County and on the Eastern Shore, another under construction at Arundel Mills mall, and bidders competing to build slots parlors in Western Maryland and Baltimore, the state's venture into gambling appears to be settling into its final shape.
Corporate Office Properties Trust, a Columbia-based company that has profited by building office parks geared to the needs of defense and intelligence agency contractors, said Friday that its chief executive will retire in March.
Smartphones and security apps are starting to hit college campuses. The University of Maryland developed its own app that broadcasts live video and audio, plus a user's location, if they become a crime victim.
L. Patrick Deering, a retired accountant and insurance executive who acted behind-the-scenes on behalf of numerous cultural, educational and philanthropic causes, died of leukemia Sunday at his Ruxton home. He was 88.
In the 30 years since the aquarium opened, millions of visitors have experienced its sea life and stewardship. Its quixotic tilt on the skyline energized the waterfront. But on its pearl anniversary, the aquarium's biggest gift might be the one it has given to other cities — inspiration.
Profits at the Sinclair Broadcast Group rose more than 7 percent in the second quarter as local auto dealers increased spending on television advertising, the Hunt Valley-based TV station owner reported Wednesday.
At a time when Baltimore County schools are cutting nearly 200 teaching positions, the system has added three dozen new employees to the business side of its operations at a cost of about $1.9 million.