Baltimore City Council sees crisis in lack of small business loans

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Residents oppose warehouse development plan near Route 24/I-95 interchange in Abingdon

A proposal to build more than 2.4 million square feet of warehouse, commercial and retail space near the Route 24/Interstate 95 interchange in Abingdon faced strong opposition from residents Tuesday. An estimated 150 to 170 people filled a room at the Abingdon Fire Company’s main firehouse for a community input meeting, according to fire company members. So many people attended that the parking lot filled up, and people parked on the shoulder and walked across the two-lane road. (Balt. Sun)

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Verizon wants to hire 60 after Jan. 24 event at Hanover call center

Verizon will hold a job information event Jan. 24 at its Hanover call center as it looks to hire 60 for its customer service team there. The telecommunications giant will conduct three 90-minute sessions starting at 9 a.m., 2 p.m. and 5 p.m. for interested candidates to learn about career opportunities and tour the center. The starting pay is $19.56 an hour, a Verizon spokesman said. Verizon said it was looking for job candidates who enjoy working with people, are strong multi-taskers and have solid technical skills. It prefers a bachelor's degree or years of work experience. (Balt. Sun)

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Tribune Publishing, parent of The Baltimore Sun, names new CEO as three executives depart

Tribune Publishing CEO Justin Dearborn has stepped down after nearly three years at the helm of the Chicago-based newspaper company that owns The Baltimore Sun, the company announced Thursday. Longtime Chicago newspaper executive Tim Knight was named CEO, effective immediately. Knight, who had served as president of the company, also will join the Tribune Publishing board. Board member David Dreier, a former U.S. congressman, has been named chairman of Tribune Publishing, replacing Dearborn. (Balt. Sun)

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Baltimore doctor, consulting firm expect less in-hospital care, more technology across health care in 2019

Local health care officials think industry executives nationwide should be ready to deal with shifting payment models and greater integration of technology in 2019. Canton & Co., a Baltimore health care consulting and services firm, released a report detailing the predictions some physicians and executives have for the industry in the year ahead. Dr. Bruce Leff of Johns Hopkins was cited in the report, along with Canton & Co.'s CEO Don McDaniel. (Balt. Bus Journal)

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Baltimore start-up Zest Tea raises $1 million to caffeinate its business

Zest Tea, a Baltimore start-up marketing a line of high-caffeine teas and drink, said Thursday that it’s closed a $1 million funding round to spur its continued growth. The investments came from the Maryland Momentum Fund, a $10 million venture of the University System of Maryland, and Lord Baltimore Fund, a venture fund associated with the Blaustein family, heirs to the fortune of the American Oil Co. — Amoco — founder. The round also included some angel investors. (Balt. Sun)

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Community Foundation of Howard County establishes multimillion-dollar fund

The Community Foundation of Howard County established an agency fund with Community Homes Housing Inc. using $30 million from the organization’s sale of five Harper’s Choice and Wilde Lake housing units to Enterprise Homes. Community Homes Housing will use the fund, the largest ever established with the Community Foundation, to support the development and preservation of affordable housing in Howard County. In 1969, Interfaith Housing Initiatives built the first five low-income housing units in Columbia following founder James Rouse’s vision. (Daily Record)

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Maryland small businesses feel the burn as federal shutdown rolls on

The longest U.S. government shutdown is impacting businesses and employees beyond the federal sphere. Smaller private companies that do business with government agencies, or rely on their services are beginning to feel the pressure. The government has been partially shut down, with five federal agencies closed, for 27 days as President Donald Trump and Congressional Democrats remain in a standstill over funding to construct a wall at the U.S. southern border. (Balt. Bus. Journal) 

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