Baltimore County Executive Johnny Olszewski on Tuesday announced the launch of the Baltimore County COVID-19 Emergency Response Fund, which he says will support residents and promote public health during the COVID-19 pandemic. The fund will be managed by the Baltimore Community Foundation, a local foundation that manages more than 800 philanthropic funds and $173 million in assets. Olszewski said county officials will determine how the fund is allocated. He did not put a dollar amount on it, but…
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A handful of local private schools are donating their 3D printing equipment to LifeBridge Health to aid the system in producing more medical supplies, which are currently in short supply and high demand amid the COVID-19 pandemic. As emergency production efforts across the U.S. have ramped up, Greater Baltimore institutions with equipment to spare have been looking to pitch in however they can. And now, some of the city’s private schools are finding ways to join the effort. Especially as campuses…
McCormick says people are buying their vanilla, bone broth and turmeric. What must-haves did you pick up at the store ahead of lockdown?
A federal judge has dismissed a lawsuit against Under Armour Inc., its board of directors and Sagamore Development that alleged improprieties surrounding the planned redevelopment of Port Covington. Two shareholders filed separate federal lawsuits last year claiming former Under Armour CEO Kevin Plank used his position to benefit himself in pursuing the Port Covington project being developed by a team including Sagamore, Plank’s private real estate arm. The cases were consolidated and two internal…
For a city that faces so many perpetual challenges with equity, economic and otherwise, Baltimore has no shortage of business owners, administrators, nonprofit leaders and other professionals who have made diversity and inclusion part of their mission in conducting business here. Now, we have the honor of celebrating a new class of those individuals with our third annual Leaders in Diversity Awards. From a national champion for blind people and their families, to a grassroots organizer highlighting…
Hotel association heads estimate seven in 10 hotel rooms now sit empty and that the industry stands to lose $3.5 billion in room revenue each week the crisis persists.
The Baltimore Business Journal has won two awards from the nation’s top business journalism group. The Society for Advancing Business Editing and Writing (SABEW) awarded the publication top honors in the breaking news category and an honorable mention in the travel/transportation category. Both honors came in the small division. Real estate reporter Melody Simmons took first place for her article, “Nonprofit with ties to Mayor Pugh, top aides received city funding.” The piece revealed that former…
The former right-hand man to Under Armour Inc. founder Kevin Plank is joining Brown Advisory. Tom Geddes, who stepped down as CEO of Plank Industries in December, joined the Baltimore investment firm as a partner, senior adviser and portfolio manager. Brown Advisory, based out of Bond Street Wharf in Fells Point, has more than $77 billion in assets under management as of Oct. 31. “I am very excited about the opportunity to help with Brown Advisory’s continued growth and to support their significant…
Under Armour is switching from creating sportswear and spacesuits to making face masks, face shields and even specially equipped fanny packs as it looks to aid health care workers battling the spread of the novel coronavirus. The Baltimore-based company announced this week that it will begin to manufacture and assemble personal protective equipment for the University of Maryland Medical System and its 28,000 health care providers and staff. Under Armour has already delivered 1,300 face shields to…