Saturday, April 21, 2018

Maryland's booziest counties, ranked by beer consumption

Worcester County, home of one of the state’s top tourism hotspots, Ocean City, is by far the largest consumer of beer per capita among the state’s 24 jurisdictions. The Eastern Shore county also leads the way for distilled spirits and is second in wine, according to the Maryland comptroller’s annual report for fiscal year 2017. In Worcester County, 54.3 gallons of beer per capita were consumed in the period. The figures in the comptroller report are based on deliveries to retail licensees by…



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Friday, April 20, 2018

Looney's to open a new pub in Perry Hall

Looney’s Pub will open a new location in Perry Hall, co-owner Bill Larney announced Friday. Larney said the new Looney’s will take over a space on Belair Road that previously housed The Harp Restaurant & Catering, a sports bar that closed last summer. The pub will open in late summer or early fall, according to his post, and feature 100 TVs, live music, a raw bar and a menu similar to other Looney’s pubs, “with some upgrades.” Larney also promised “a nice surprise.” A photo attached to his post…



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How this New York VC firm plans to help Johns Hopkins bring more products to market

New York investment firm Deerfield Management is looking to bring more drugs, medical devices and health care products to market by partnering with academic institutions like Johns Hopkins University. Deerfield manages over $8 billion in assets, including about $3 billion through public funds and $5 billion through private funds. Last year, the firm announced a collaborative investment effort with Hopkins, called Bluefield Innovations. Deerfield has committed $65 million over five years to help…



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Exclusive: Chesapeake Bayhawks pitch scaled-back plan for Crownsville Hospital Center site

When the Chesapeake Bayhawks unveiled their sweeping vision to build a sports and retail complex on the grounds of the former Crownsville Hospital Center in Anne Arundel County, the reaction was swift. Nearby residents — several hundred of whom turned out to a November community meeting on the proposal — said they were concerned about the burden the project could place on traffic as well as its effect on the environment. “I think everybody just went, ‘Whoa, wow, really cool idea, there’s parts…



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US Wind picks two Baltimore firms to help with Maryland's first offshore wind project

If Maryland’s projects are completed quickly enough, it would make the state a national leader in the offshore wind industry.



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Wells Fargo fined $1B for abuses in its auto lending, mortgage businesses

Under terms of the settlement, Wells Fargo, Philadelphia’s largest bank, has also agreed to compensate affected customers and improve its risk management and compliance management.



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Maryland unemployment rate rises for fifth straight month in March

Maryland’s unemployment rate continued to tick upward in March despite the the state adding 3,200 jobs. The state’s unemployment rate rose to 4.3 percent, according to data released Friday by the U.S. Department of Labor. This was the fifth consecutive month the unemployment rate has increased after reaching a low of 3.8 percent in October. The national average remained at 4.1 percent. The state noted that initial unemployment insurance claims for March are at a 10-year low, while the number of…



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