Fewer Marylanders seek unemployment benefits

Maryland saw a decrease in people seeking unemployment benefits for the week ending June 29, according to figures from the U.S. Department of Labor. The state saw a decrease of 1,715 in the number of people who applied for benefits compared with the previous week, according to Labor Department findings. (Balt. Bus. Journal)

Read Full Article

Even after sale, local Harris Teeters will remain Harris Teeters

Harris Teeter fans, fear not: The stores are staying put, even if a proposed acquisition by the larger Kroger supermarket chain goes through.The two companies announced Tuesday that Kroger plans to purchase the smaller chain for about $2.5 billion. But the Harris Teeter brand isn’t going away. (Gazette)

Read Full Article

In new study of state economies, Md. brings up the middle 

Depending on one’s party affiliation, Maryland is either an economic powerhouse or a national laggard with serious business-climate issues. But a report released by the Urban-Brookings Tax Policy Center on Tuesday, which compiled multiple economic indicators for all 50 states, suggests the Free State is really just in the middle of the pack. (Daily Record)

Read Full Article

$125M mixed-use development planned near Columbia Mall

Plans for a $125 million, two-structure apartment complex in Columbia's Warfield neighborhood were revealed this week, making it the third housing development announced in the redevelopment of downtown Columbia. The five-acre parcel, which is owned by Howard Hughes Corp., will be a mixed-use development with 30,000 square feet of retail and 437 apartments. (Patuxent)

Read Full Article

Demand for Baltimore-area homes increased in first half of the year

Baltimore's home market shifted this year, but a spike in interest rates may unsettle the balance again."Back in the beginning of January … all of the buyers thought they were still in the buyer's market. Then, in the beginning of February, all the rules changed," said Lynn Ikle, an agent with Redfin who leads a sales team that works throughout the metro region. The number of homes for sale became too small to keep up with demand, and power returned to sellers. (Balt. Sun)

Read Full Article

Hammerjacks plots Baltimore return — again

Kevin Butler knows he’s on to something when he sees travelers in airports across the country wearing T-shirts he sold with the Hammerjacks logo blasted in bright yellow across their chests. The famed Baltimore rock club, home to hair bands and rock fans from across the East Coast, is a mere memory for many.  Soon, Hammerjacks will be more than a memory. Butler is nearly ready to announce his plans to recreate Hammerjacks as an anchor in the South Baltimore entertainment district surrounding M&T Bank Stadium and the forthcoming Baltimore Horseshoe casino. (Balt. Bus. Journal)

Read Full Article

CareFirst renews 26,000-square-foot lease in Owings Mills

CareFirst of Maryland Inc. has renewed its 26,040-square-foot lease at BECO Towers in Owings Mills. The company had been searching for new office space ahead of its lease termination on June 30, but was persuaded to stay in the building after BECO Management Inc. unveiled plans for a $15 million renovation in its two Class-A towers at 10451 and 10461 Mill Run Circle. (Balt. Bus. Journal)

Read Full Article

Leadership Maryland names new CEO

The head of Anne Arundel County’s technology incubator has been named CEO of Leadership Maryland. Renee Winsky will replace Nancy Minieri, who founded the organization in 1992 and announced her retirement in March. Winsky - who has been the executive director of the Chesapeake Innovation Center since 2010 - will begin her new post in September and work with Minieri through the end of the year. (Capital)

Read Full Article