Thursday, November 30, 2017

Former Under Armour finance chief named CEO at Blue Apron

Blue Apron Holdings Inc. said its co-founder, Matt Salzberg, has stepped down as president and chief executive and will be replaced in those roles by CFO Brad Dickerson. New York-based Blue Apron (NYSE: APRN) said Dickerson, 52, has been named executive chairman and will continue to as chairman of the board of directors. Dickerson is the former CFO at Baltimore-based Under Armour (NYSE: UA) “It has been a tremendous honor to serve as the CEO of Blue Apron since founding the company and I am…



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Exclusive: Prime waterfront Fells Point property eyed for 300 apartments, townhomes

The project would be the latest big-ticket project for the historic neighborhood.



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Legg Mason launches new parental leave policy

Legg Mason Inc. is expanding its benefits with a “leading edge” parental leave policy aimed at improving equality for its workforce. The Baltimore-based money manager will now provide its 758 U.S. employees with 12 weeks of pay for all new parents, regardless of whether or not an employee has a stay-at-home partner. Previously, Legg Mason (NYSE: LM) provided 12 weeks of leave for a primary caregiver and two weeks for a secondary caregiver. The firm will also reimburse mothers traveling on business…



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Tips for building your advisory board

Having a team to bounce ideas off of is a good idea for businesses looking to grow or evolve.



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Maryland medical marijuana study launched with 70 patients

The study will conclude in early 2018. The goal is to gather data that will inform the formulation and effectiveness of its Curio Wellness’s vape oil products.



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Collaboration outweighs competition for research in Maryland

Institutions in Maryland are finding more opportunities to join forces. It’s a shift that has allowed researchers to expand beyond their individual capabilities, and the specialties of their schools.



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State analysts recommend Maryland eliminate biotech, R&D tax credits

Analysts wrote in two separate draft reports released Wednesday that neither the Research and Development Tax Credit or the Biotechnology Investment Incentive Tax Credit are working as lawmakers originally intended.



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GSA gets more time to evaluate scuttled FBI headquarters search

A Senate committee is expected to grant the Trump administration a 60-day extension to unveil a revised FBI headquarters plan after the search was abruptly halted over the summer, according to sources familiar with the effort. Sens. John Barasso, R-Wyoming, chair of the Senate’s Committee on Environment and Public Works, and Tom Carper, D-Delaware, its ranking member, have agreed to give the FBI and General Services Administration more time to formulate their response ahead of the expiration of…



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Tom Bozzuto gifts $4M to alma mater to aid first-generation students

With a goal of helping first generation students attend college, developer Thomas S. Bozzuto has gifted $4 million to his alma mater Hobart and William Smith Colleges in upstate New York. The donation, from Bozzuto and his wife, Barbara, will also establish the Bozzuto Center for Entrepreneurship at the Geneva, New York institution that will help expand the study of creative business and community-based civic endeavors. Bozzuto is chairman and co-founder of Greenbelt-based Bozzuto Group and has…



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