Tax credits for Maryland's cybersecurity and film industries could expand as part of the legislative session that starts Wednesday. They're just some of the many tax credits that industry groups said they hope to see grow, even as big fights over the minimum wage and changes to stormwater management fees loom for the session.
Just as its offer was rejected, Jos A. Bank Clothiers Inc. rejected the $1.2 billion turn-table acquisition bid by The Men's Wearhouse Inc. on Monday, but most observers still believe a merger is inevitable.
Sysco Corp will buy US Foods Inc., a former Columbia-based company, for about $3.5 billion from its private equity owners in a deal that will combine the top two U.S. food distributors and create a company commanding at least a quarter of the $235 billion North American market.
The transformation of a vacant, 12-story eyesore into a gleaming office building has brought workers, shoppers and diners to the northern edge of downtown Towson — thanks in part to a public financing package that waived repayment of millions of dollars in loans to a developer. The county grants these so-called conditional loans that do not require repayment if certain conditions, such as job creation, are met.
Harford County Executive David R. Craig describes himself as a moderate by temperament but he is staking out positions on critical issues that seem certain to appeal to the Republican party's hard-core conservative base as he seeks the 2014 gubernatorial nomination.
As Congress considers legislation to provide back pay to furloughed federal workers, far less attention has been paid to contract employees — many of whom work side by side with their agency counterparts.
Several candidates for governor — a Democrat and three Republicans — said Friday that they would cut taxes to improve Maryland's image as hostile to business and revive the ailing manufacturing industry.
Republicans in the House of Representatives were set to approve a government funding bill Saturday that would delay the nation's health care law for one year — inching federal agencies closer to a shutdown analysts predict would have a significant economic impact in Maryland.
Despite concerns about privacy and public safety, Maryland is seeking to open its skies to commercial drones under a federal program that could make the state a powerhouse in the burgeoning unmanned aircraft industry.
In return for the promise to bring another 650 jobs to Baltimore, city leaders on Wednesday are poised to give financial services giant Morgan Stanley more time to meet the terms of a $3.25 million loan forgiveness program.
Much of Maryland's cybersecurity sector revolves around the federal government. But some groups and firms are trying to push the state's cybersecurity boundaries to grab more of the commercial market at a time of tighter federal budgets.
The company redeveloping a 100-year-old building in Baltimore's Remington neighborhood received a $100,000 grant from the state to support environmental remediation, the Maryland Department of Business and Economic Development announced Wednesday.
WASHINGTON — Leaks about secret National Security Agency surveillance programs made by an intelligence contractor reopened a debate Monday over how much the government relies on companies for spy work and whether the firms must do more to vet employees and protect classified information.
Lawmakers from Virginia pressed a House subcommittee on Wednesday to forgo a requirement included in a Senate resolution they said unfairly advantages Maryland as the two states compete to land a possible new FBI headquarters.
Howard County business officials still are learning how the federal sequestration will affect the county's economy, but once Congress missed its March 1 deadline for an agreement avoiding the cuts, one local business already was feeling the effects.
Hosted by the BWI Business Partnership, economic development professionals from around the Baltimore-Washington corridor will gather for a Regional Economic Development Summit, Thursday, March 14 from 7:30 to 11:30 a.m. at the Hilton Baltimore BWI Airport, 1739 West Nursery Road, in Linthicum Heights.
Days after the Obama administration threatened widespread furloughs one of Maryland's largest federal agencies, the Social Security Administration said it might shoulder the deep, across-the-board spending cuts of the sequester without sending any of its full-time employees home.
Maryland's business leaders are pushing efforts to speak with a louder, more unified voice to state officials, seeing in federal budget cuts the necessity — or opportunity — of more attention for the private sector.
Howard County Executive Ken Ulman announced Friday that Lawrence Twele has been selected to serve as acting President and CEO of the Howard County Economic Development Authority, filling the vacancy created when Laura Neuman was sworn in as Anne Arundel County Executive.
SKW Constructors plans to hire up to 100 people to construct concrete tubes and fans at the Sparrows Point Shipyard and Industrial park in Dundalk, according to Baltimore County economic development officials.
The effort to connect former Sparrows Point workers with training for new careers gained even more urgency last week as the final hopes of reopening the steel mill were dashed — and as the deadline to apply for the help or forever lose it fast approaches for hundreds.
A group formed by a Maryland businessman argued in a report released Monday that the state's Department of Business and Economic Development is a political marketing organization, rather than the job-creation agency it should be.
Gov. Martin O'Malley has postponed a planned post-Thanksgiving economic development trip to the Middle East, saying he does not want to create a distraction during the conflict between Israel and Palestinian as in the Gaza Strip.
The Carroll County Department of Economic Development is working with the Maryland Department of Economic Development to assess the county's business losses related to Hurricane Sandy, late last month.
Employers and government officials in Maryland touted the economic benefits of same-sex marriage law, including improving workplace conditions, helping employers attract and retain talent and boosting tourism and wedding-related business