corporate performance

An East Baltimore youth center that opened a decade ago after catching the eye of Baltimore-bred basketball star Carmelo Anthony has attracted a new celebrity benefactor: Under Armour CEO Kevin Plank.

By Natalie Sherman

Feb 1, 2016

Consumers have come to know Under Armour's "compression," "Heat Gear" and "Storm," athletic wear, and now yet another product description is joining the mix – "ClutchFit."

The problems plaguing the Maryland Health Benefit Exchange have exposed the cheap facade of Mr. O'Malley's presidential pitch: that he is the "data driven," "results oriented" leader who gets things done. In a 2013 Politico article titled "Martin O'Malley wants to be Mr. Fix It," O'Malley said, "we're not arguing for bigger government. We're arguing for more effective government, and also smarter investments."

Beating out much bigger rivals to partner with University of Notre Dame athletic teams catapulted the Baltimore-based sports brand onto an elite playing field. The endorsement deal signals how far fast-growing Under Armour plans to go and how it plans to get there.

Given anticipated improvements in national economic activity built into state budgetary forecasts, Maryland must be in disequilibrium. Our economy is simply not expanding quickly enough to finance all of the spending in which Annapolis' policymakers collectively want to engage.

Monique Whittington Davis has been named deputy superintendent of schools, Prince George's County Public Schools announced this week.

Millennial Media has struck a deal to acquire Boston-based competitor Jumptap in a mostly stock deal worth at least $209 million, the company said Tuesday.

In the coming years, the government's senior executives — top-tier career federal employees — could leave in droves. But the authors of a new report say most federal agencies are not doing enough to prepare their potential replacements.

A loophole allows companies to deduct the cost of sky-high salaries, and the rest of us pay for it through higher taxes.

Ray Lewis helped craft Under Armour's new football commercial, and local coaches and players appear in the spot, filmed entirely in Baltimore.

'Appalachian Spring' Baltimore School for the Arts performance is first time high school granted permission to produce ballet in original form.

New schools Superintendent Dallas Dance wants to eliminate from school system policy a written requirement that each school have a librarian and has shifted library science functions from the instruction and curriculum department to testing and technology.

The CEO pay disclosed this year by the 20 largest publicly traded companies in the Baltimore region offers plenty of fodder — as it does every year — to steam the ranks of workers with paychecks that barely budge.

Jerome "Jerry" DiPaolo, the colorful, jocular and legendary National Brewing Co. salesman, who died last month at 95, became fluent in Italian just so he could sell his company's beer to Little Italy restaurants and taverns.

Giant Food's new Perry Hall store to serve as a prototype for future outlets.

STX, lacrosse stick maker, invests in research and development to grow along with sport.

Sinclair Broadcast Group's chief executive David D. Smith earned $4.2 million last year, a 16 percent increase that included more than $2 million in stock option awards, the Hunt Valley-based broadcaster reported.

Annual compensation dropped by nearly half last year for Randall M. Griffin, who retired last month as chief executive of Corporate Office Properties Trust. Griffin earned $3.04 million in 2011, down from $6.05 million in 2010, a filing with the Securities and Exchange Commission showed.

Total compensation for Under Amour CEO Kevin A. Plank fell 14 percent last year after the company failed to significantly improve its operating efficiency, the company said in a Securities and Exchange Commission filing,.

Offering health care services at 75 percent of the cost of traditional insurance, Healthy Howard has served as a good example of how to reach out to the underserved, according to a recent case study.

Giant Food and Safeway, the Baltimore region's two largest supermarket chains, have begun recruiting temporary workers as contract negotiations continue with the union that represents 23,000 workers.

Kodak went bankrupt because its executives thought they were selling film — when in fact their business was in selling treasured memories.

Q&A with Maryland's Office of People's Counsel, Paula M. Carmody.

Maryland's ratepayer advocate is objecting to Exelon Corp.'s proposed buyout of Constellation Energy Group, telling federal regulators that the combined company would have too much control of electricity prices on the grid that serves much of the Mid-Atlantic region.

Long known for spicing up American food, McCormick & Co. is taking its food flavorings abroad, with plans to peddle masala powder in the open-air markets of India and borscht seasoning in the stores of Eastern Europe.

Fourteen of the 19 companies in the Baltimore region that paid their CEOs at least $1 million last year reported increases in that compensation in 2010, according to a Baltimore Sun analysis. The increases largely reflected improved performance by the companies.

Village Learning Place in Charles Village is expanding after years of financial struggle

Neil J. Pedersen, who led the State Highway Administration through the two biggest projects in its history, said Wednesday that he will step down at the end of the month to travel with his wife and explore other professional opportunities.