Friday, August 18, 2017

Fed economist: Baltimore construction helping stimulate job growth in Maryland

Maryland created 1,000 construction jobs in July, and the sector has seen positions increase by 17,400 since May.



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Lockheed CEO Marillyn Hewson was committed to remaining on Trump's manufacturing council before it folded

Lockheed Martin Corp. CEO Marillyn Hewson was committed to remaining on President Donald Trump’s manufacturing council before Trump dissolved the panel of U.S. executives. Trump on Wednesday dissolved the manufacturing council — as well as his Strategic and Policy Forum — following the resignation of several CEOs serving on the advisory groups. The execs were breaking with Trump in response to his comments following violence in Charlottesville, Virginia, where he equated white supremacist…



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YouTube TV expanding through partnership with Sinclair Broadcast

YouTube’s live television service has expanded to 14 new markets, bringing live streaming of sports, local news and entertainment programs from more than 50 broadcast and cable networks to half of U.S. households. The expansion is part of an agreement with Hunt Valley-based Sinclair Broadcast Group Inc. for all of the Hunt Valley broadcaster’s ABC, CBS, FOX and NBC affiliates to be carried in their respective markets. YouTube TV says it now offers the most markets of all four local broadcast…



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American Visionary Art Museum seeks $25M donation in exchange for naming rights

The unique Federal Hill museum shows art that ‘begins by listening to the inner voices of the soul.’



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Cushman brokers $40.5M sale of three more industrial buildings in hot market

A portfolio of three industrial warehouses in the suburbs just sold for $40.5 million. Goldman Sachs purchased the properties that are 100 percent leased and located in Elkridge and Savage this week, Cushman & Wakefield said. Graham Savage and Jonathan Carpenter, executives in the Baltimore office, were the lead brokers for Cushman & Wakefield on behalf of seller Terreno Realty. The properties are located at 8730 Bollman Place in Savage and 6660 Santa Barbara Rd. and 6657 Amberton Dr. in Elkridge.…



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Paramount concert venue still searching for Baltimore locale

The New York-based club announced in January 2016 that it was searching for a space near the Stadium Square development in South Baltimore.



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Meet the man behind Prince George's first medical marijuana operation

The president of Schneider’s Capitol Hill Wine and Spirits is expanding into a new industry.



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Maryland gains 800 jobs in July, unemployment falls to 4 percent

Maryland gained 800 jobs in July and unemployment fell for the third consecutive month. The private sector added 11,500 positions while government positions decreased by 10,700, according to preliminary data released Friday by the U.S. Department of Labor. Maryland’s unemployment rate dropped to 4 percent in July from 4.1 percent. Within the private sector, education and health services added the most positions with 9,800. Construction jobs grew by 2,700. The manufacturing industry added 1,000…



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Checkerspot Brewing pushes back opening date to 2018

Checkerspot Brewing has pushed back its expected opening date until 2018 amid construction delays on its building near M&T Bank Stadium. The new brewery had planned to open in September, right before the start of football season. But the company’s co-founder, Judy Neff, said construction on its space at 175 W. Ostend St. is running behind schedule. She was initially hoping to start setting up brewing operations in June, but won’t get into the space until some time in the fall. If all goes as planned,…



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