Baltimore Ravens President Dick Cass said last month the team was “seriously considering” raising ticket prices for the 2017 season and the team officially announced the price increase on Wednesday. The Ravens sent letters out to season-ticket holders that said the ticket prices will go up between 4.7 percent and 10.3 percent, depending on where the seats are located. In total, the price increases will bring 8 percent growth for the organization’s ticket revenue. The cheapest season tickets for…
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Laureate Education Inc. went public Wednesday hoping to raise $96.6 million, well below what it had hoped for earlier this week. Baltimore-based Laureate, the world’s largest for-profit network of colleges, offered 6.9 million shares at a price of $14 per share, according to Securities and Exchange Commission filings. Earlier this week, the company had said in previous filings it wanted to issue 29 million shares of its Class A common stock at a price between $17 and $20 per share, raising at…
Federal Hill residents will once again have a restaurant and bar to enjoy at the corner of Riverside Avenue and Cross Street when the Outpost American Tavern opens this weekend in the former Porter’s Pub and Grille. Porter’s was a mainstay of the restaurant scene in Federal Hill at 1032 Riverside Ave. for nearly 15 years before it closed in 2014. Federal Hill resident Chris Frisone and his partner, Seung Cho, are now leasing the space as owners of the Outpost American Tavern. The restaurant will…
From the outside, Monument City Brewing Co.’s new brewery at 1 N. Haven St. in Highlandtown still looks like the factory and the warehouse it served as since 1901. The doors that serve as the main entrance from the off-street parking are obvious upgrades, but once inside, the space maintained its open feel and that was exactly what brothers Ken and Matthew Praay were going for. From the brewery system and tanks to the storage in the back and the distribution side of the operations, Ken Praay said…
Good morning, and happy February. The new month is going to greet us with typical winter weather. Cloudy skies today will keep temperatures in the mid 40s, but no precipitation to worry about. Here are eight things to know to get your day started. The Maryland House of Delegates voted yesterday to overturn Gov. Larry Hogan’s veto of a clean energy bill. The Senate plans to vote on Thursday, which would complete the override. The bill would increase the percentage of wind and solar energy used…
There are a variety of opportunities for growing food and beverage businesses in 2017, but staying on top of changing customer needs, understanding millennial preferences, leveraging key technology strategies and being mindful of strategic acquisitions will all be essential in this competitive marketplace. From spicy foods to smartphones, what should businesses focus on for 2017? 1. Changing customer preferences Spicy and exotic flavors, snacking and health and wellness are all at the forefront…
