Ravens fans aren’t the only ones excited the team has clinched a spot in the post-season.
Baltimore Mayor Catherine Pugh wants to light the city purple in honor of the Ravens making the playoffs. On Monday, Pugh called on Baltimore businesses and residents to switch out regular light bulbs for purple ones to celebrate the team’s 26-24 win against the Cleveland Browns on Sunday, earning them a trip to the postseason. The Ravens will host a playoff game against the Los Angeles Chargers at M&T Bank Stadium on Jan. 6. The mayor said she has directed the Department of General Services…
The growth of a business rarely happens in a vacuum. The rise of one company often means the fall of another. For many business owners, the year 2018 marked the end of the line. Operating plans were scrapped and doors were closed as the landscape of business failed to play out as intended. You can look back at some of these stories, as told by The Business Journals publications over the past year, through the gallery presented here. Not included in the gallery are the many businesses still in…
Greater Baltimore’s public companies increased the amount they spent paying out dividends by 12.5 percent in 2018, following a national trend that has helped investors during a year when the stock market has gone negative. Aided by last year’s tax law that slashed the corporate income tax rate, the region’s biggest public companies have spent about $1.44 billion on dividends as of Sept. 30, according to federal filings with the U.S. Securities and Exchange Commission. That’s up from $1.28 billion…
Hamilton Pacific Chamberlain in Waldorf has secured $15 million in federal contracts to begin in the new year, after completing several other projects for national cemeteries. The Waldorf veteran-owned firm specializes in renovations, demolition and new construction of government and military structures. The company has been working in the federal contracting space for eight years. Most recently, HPC completed multiple projects at national cemeteries, including various repairs and upgrades to…
The redevelopment of Broadway Market’s south shed will include dramatic new lighting, a large indoor bar and an inviting outdoor patio. That’s what a set of new renderings show in the first close-up details of a new 275-seat restaurant, The Choptank. The renderings were released last week by Atlas Restaurant Group ahead of a comprehensive redevelopment set to launch early next year. The Choptank is expected to open in late 2019. Atlas President Alex Smith unveiled the updated designs by designer…
For the government officials of the 18 jurisdictions that lost the contest for Amazon’s new second headquarters, the final decision was a real-life lesson on game theory. On Oct. 13, Amazon announced that it would split the proposed “HQ2” between Long Island and Arlington, Virginia. All told, some 238 contestants made at least an initial pitch for the facility. As one of the 20 finalists announced back in January, Maryland government decided to up its chances by offering $6.5 billion…
This year the Baltimore Business Journal published a story and slideshow that has since become our most-viewed article of all time — beating out our previous top article, a first look at Under Armour’s planned Port Covington headquarters from January 2016. The article was a relatively simple one about a massive home in Deep Creek set to go to auction. But our readers loved it and it took off across social media, generating hundreds of thousands of page views. Expensive homes are certainly a…
Wells Fargo & Co. agreed Friday to pay out $575 million to customers affected by its improper sales practices. Those improper practices affected retail sales, auto collateral protection insurance (CPI), Guaranteed Asset/Auto Protection (GAP) and mortgage interest-rate lock matters, Wells Fargo says. The San Francisco-based bank reached the agreement with all 50 state attorneys general and the District of Columbia. “This agreement underscores our serious commitment to making things right in regard…
