District's new XFL team kicks off to-do list: Staff, practice facility

The business operation behind the District's new XFL team is ramping up hiring while it secures a practice facility ahead of a February 2020 debut. President Erik Moses, in this position for three months, is searching for space in the region for both a practice facility and team office this summer. The team will play its home contests at Audi Field. In the meantime, Moses is working to build up staff to market and promote the team to prospective fans and sponsors. So far, he's hired a communications director and social media manager but is looking to bring on leaders to market game-day operations, content, partnerships and ticket sales, all to work alongside sports and entertainment consulting firm Elevate Sports Ventures, which partnered with the XFL in May. (Wash. Bus. Post)

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Ikea Is Closing Its Only U.S. Factory And Moving Production To Europe

Ikea is shutting down its only furniture factory in the United States. The Swedish company will end production this December at its plant in Danville, Virginia. Operations will move to Europe, where the company says it can cut costs. “We made every effort to improve and maintain the competitiveness of this plant, but unfortunately the right cost conditions are not in place to continue production in Danville,” site manager Bert Eades said in a statement. (CNN)

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Financial woes cause Montgomery County-based National Philharmonic to fall silent

After decades of filling the air with the sounds of classical music, the National Philharmonic, which is based out of Maryland’s largest county, said it will close its Montgomery County operations due to financial problems. In a news release Tuesday afternoon, spokesperson Leanne Ferfolia said the organization has been a “service to Montgomery County residents, especially the thousands of young people who were able to attend our concerts with their families for free.” (WTOP)

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Orrstown taps BB&T's former region head to lead Maryland operations

Orrstown Financial Services Inc. snagged the former regional president for BB&T to lead the bank's operations in Maryland. Christopher D. Holt has joined Shippensburg, Pennsylvania-based Orrstown, the parent of Orrstown Bank, as executive vice president and the bank's first market president for the Maryland region. Holt previously led BB&T's Maryland operations from 2016 through his retirement at the beginning of July. (Balt. Bus. Journal)

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Johns Hopkins plans to widen collaboration with Pittsburgh health care companies

Pittsburgh-based health care companies Highmark and Allegheny Health Network are moving toward a wider collaboration with Johns Hopkins Medicine in addition to the Highmark Cancer Collaborative. Five years ago, Highmark reached a partnership with the Johns Hopkins Kimmel Cancer Center, one of the foremost cancer centers, that bolsters the award-winning care given by the Allegheny Health Network Cancer Institute and affiliates in western Pennsylvania. (Balt. Bus. Journal)

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Maryland’s government created a website to deter gambling. It ended up promoting casinos.

State legislative auditors accused Maryland’s Behavioral Health Administration of lax oversight of hundreds of millions of dollars in grants — including a mismanaged anti-gambling website — in a recent audit of the agency. The state audit dated July 9 noted the agency’s inspector general referred two other matters to the attorney general for possible criminal investigations. (Balt. Sun)

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AAMC, Doctors Community plan to add 500 jobs, new facilities through merger

Anne Arundel Medical Center and Doctors Community Health System have finalized a merger deal set to facilitate the creation of 500 new jobs across Anne Arundel and Prince Georges counties, as well as the Eastern Shore. The systems announced plans to form a new, combined health system in May, and said Monday the deal had been finalized. Executives from both systems said teams are already working on plans for integrating the two systems, anchored by acute care hospitals in Lanham and Annapolis. Full integration could take up to two years to complete. (Balt. Bus. Journal)

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1776 to open Montgomery County location

 

Philadelphia-based incubator network 1776 is opening a new location in North Bethesda. The new 15,000-square-foot space at 12358 Parklawn Drive will open this winter at the 100,000-square-foot Greencourt Innovation Center and comes as the company prepares to close its Crystal City location and open a new D.C. outpost near Lafayette Square. Last year, the company said Baltimore was on its list for possible new locations. (Balt. Bus. Journal)

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