Maryland closed fiscal 2017 with a general fund balance of $256.3 million, but state Comptroller Peter Franchot urged caution amid uncertain times in Washington. In all, the state collected nearly $16.7 billion in the fiscal year ended June 30, up 3.1 percent over the year-ago period. The total is $90.3 million, or 0.5 percent, above estimates. By law, all but $10 million of the balance is required to be appropriated in the fiscal 2019 budget with $50 million going to the State Pension System and…
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Mount Vernon’s Brew House No. 16 is on the market amid plans to expand its beer selection and start distributing the brews.
Summer’s last gasp is just around the corner. Labor Day weekend is the last chance for many families to head out on vacation as students get ready to head back to school and the busy season at works starts to ramp up. Thousands of people are expected to hit the roads starting today to head out on vacation, despite higher gas prices. The weather may not be willing to cooperate, though, as the remnants of Hurricane Harvey could roll in on Saturday. Sunday and Monday are supposed to be nicer, though. If…
The team averaged fewer than 6,000 fans per game this year, while D.C.’s team pulled in more than 11,000 per game.
Johns Hopkins University remains the leading patent recipient in the state of Maryland. The private research institution obtained 150 patents in 2016, up 17 from last year. The University System of Maryland bumped up to the No. 3 spot on this year’s List of patents obtained in Maryland, receiving 62 patents in 2016. Below, you can see the top five entities that made this year’s List of patents obtained in Maryland. The List is ranked by the number of patents issued to each company/entity in Maryland…
BrainScope Co. Inc., which makes a portable device that can quickly assess traumatic brain injuries, has completed a $16 million round of equity financing featuring a new investor. The Bethesda company said Thursday that DBL Partners joined previous investors Revolution LLC, ZG Ventures and Maryland Venture Fund in the raise. The financing will fund commercial sales efforts and additional research and development. Cynthia Ringo, senior partner at San Francisco-based DBL, will join BrainScope's…
Linda Hutchison worked for years in manufacturing as an engineer and it wasn’t until she was in her 40s that she went to law school.
