Nicholas Tsakalos, 72, co-owner of H&S Bakery, the Southeast Baltimore business founded by his father and grandfather, died Wednesday of complications related to Lewy Body Dementia at his Baltimore County home.
State analysts urged lawmakers Tuesday to scrap Maryland's controversial film tax credit, arguing the state hasn't been benefited enough from the $62.5 million poured into television and movie companies since 2012.
The state plans to seek repayment of a $9.5 million loan provided to the global engineering and construction giant Bechtel Corp. as an incentive to keep jobs in the state, after the firm said this week that a global restructuring would lead it to relocate a "substantial" part of its Frederick office.
Six months after the Howard County Council passed a bill intended to help food distributor Coastal Sunbelt Produce remain in the county as it expands its operations, the company broke ground on the new site that will make that expansion possible.
While potential cuts of up to nearly 4,300 military and civilian jobs at Aberdeen Proving Ground are far from a done deal, Harford County leaders stressed the need Monday evening for local residents to get an early start on letting the Army know about the impact any such cuts will have on the region's largest employer and on their community.
The new regional organization that will foster the hoped for growth of private sector additive manufacturing, also known as 3D printing, in Harford and Cecil counties has hired an executive director with considerable background in using the technology.
Inside Aberdeen Proving Ground, an estimated 21,000 people report to work on any given day, conducting research in massive new federal buildings. But outside the base, gleaming new offices completed in anticipation of economic spillover stand empty, a reminder of growth that has remained tightly contained.
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 last time the military consolidated, Maryland's installations grew. But base realignment and closure usually goes the other way — and the Army is calling for another round. Officials in Maryland aren't waiting to see what happens. They're already preparing.
Baltimore County received $1.5 million to fund small, women and minority owned businesses through the Maryland Small, Minority and Women-Owned Business Loan Fund, according to a Wednesday, June 18 county-issued statement.
City officials went shopping for deals at a Las Vegas retail real estate conference this week, looking for big name stores to locate here, even as one developer stopped work on plan for a Walmart in Remington.
Governor Martin O'Malley signed a bill Thursday creation a regional 3D printing and additive manufacturing authority in collaboration with Edgewood Chemical Biological Center at Aberdeen Proving Ground.
Connecting established local companies to expert help — pioneered as "economic gardening" in Littleton, Colo. — is catching on across the country. Maryland dipped its toe in the waters last year with a pilot and is officially launching its own program now, called Advance Maryland.
The debacle regarding film tax credits at the recent legislative session could potentially cause Maryland to lose one of the finest TV programs around today, and all because of misunderstanding of an industry and reliance on failed history.
Spice giant McCormick & Co. Inc. is considering moving its corporate headquarters from Sparks in northern Baltimore County to combine administrative functions in a single site elsewhere in Maryland or southern Pennsylvania, the company said Wednesday.
High-profile cyber attacks on organizations such as Target and Neiman Marcus have drawn increased attention to the cybersecurity industry — an industry that continues to thrive in Maryland, and specifically in Howard County.
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."
Maryland government officials should try to get more economic ripples from the Wallops Flight Facility — just over the line in Virginia — by capitalizing on space tourism and the potential from unmanned aircraft, according to a new study.
Susan Aplin worked behind the scenes for two decades helping run some of the biggest retail brands around– Williams Sonoma, Sports Authority, Staples, The Gap, Banana Republic, Old Navy and Pottery Barn. But after traveling to Alaska's Prince William Sound, she found her true calling – retail with a cause and online retailer bambeco, seller of sustainable home furnishings, was born.