Sinclair CEO remains confident Tribune acquisition will be completed

CEO Chris Ripley remains confident that Sinclair Broadcast Group Inc.'s heavily scrutinized takeover of Tribune Media Co. will be completed. Ahead of a conference call with analysts on Wednesday, Hunt Valley-based Sinclair announced an agreement to sell seven TV stations to a subsidiary of 21st Century Fox for $910 million as part of a larger move to divest from 23 total stations in order to gain regulatory approval. (Balt. Bus. Journal)

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CSX eliminates 100 employees at Cumberland facility

CSX Transportation has eliminated 100 jobs at its Cumberland facility, with impacted employees being notified Friday. “CSX has informed employees today that some positions in Cumberland are being eliminated as part of an ongoing company-wide review of operations to improve efficiency and safety and to better serve customers,” Chris Smith, of CSX Corporate Communications, said. “CSX will continue to communicate directly with employees, customers and other affected stakeholders as these changes are implemented.” Reductions are impacting second- and third-shift workers at the Cumberland locomotive shop where they repair locomotives. (Times-News)

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New townhome project goes up in Medfield

Gnu Homes, which recently changed its name from Emerald Builders, has begun sales in a 15 townhome community it developed in Medfield. The Baltimore-based builder said its already sold nine of the 15 before opening a model home in the development, a few blocks north of 41st Street. Prices start in the mid-$300,000s, and Gnu officials said they have found strong demand for the new housing in the north Baltimore neighborhood. The 2,150-square-foot residences feature an industrial look as a nod to the area’s history. (Balt. Sun)

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Capital Gazette wins multiple awards from regional press association

Capital Gazette’s staff of journalists, editors and others won big at this year’s Maryland, Delaware, District of Columbia Press Association awards. The award ceremony annually honors the work of journalists throughout the region. Newspapers compete against others of similar size. Capital Gazette is in Division B alongside The Frederick News-Post and others. This year Capital Gazette was recognized for extensive coverage of gang violence, the removal of the Roger B. Taney statue, sports events, a profile on the new Annapolis mayor, education writing and more. (Capital)

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Good Magic in and Bolt d'Oro out as Preakness field nears final shape

Mother’s Day weekend proved to be a tumultuous one for the 2018 Preakness field, with trainer Chad Brown committing Kentucky Derby runner-up Good Magic to a rematch with Justify while Bolt d’Oro’s trainer-owner Mick Ruis pointed his contender to New York rather than Baltimore. Brown’s decision on Good Magic, the 2017 Breeders’ Cup Juvenile winner, added zest to the top of a field that was lacking accomplished challengers for the Derby champion. Good Magic legitimately pushed Justify over the mud at Churchill Downs but could not ultimately make up ground on the big chestnut and lost by 2½ lengths. (Balt. Sun)

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May 11 // Preakness will return to Pimlico in 2019. After that, the race's home is uncertain

The owners of 148-year-old Pimlico Race Course say they’re committed to holding the Preakness Stakes — Maryland’s largest and splashiest sporting event — at the faded Baltimore horse track for one more year. After that, all bets are off. The uncertainty leaves The Stronach Group in the unusual position of promoting tony upgrades at Pimlico for the May 19 race while acknowledging, in the words of top executive Tim Ritvo, that “we can’t continue to operate in a facility that was built in 1870. It doesn’t give the customer experience.” (Balt. Sun)

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Kevin Kamenetz leaves behind a legacy of redevelopment in Baltimore County

When the $350 million Towson Row development was first unveiled in 2013, Kevin Kamenetz proudly announced that it had potential to transform the county seat into a modern, walkable hub like Bethesda. "It's Towson's time," Kamenetz proclaimed. That prediction was repeated often by Kamenetz as he celebrated a series of projects initiated under his administration — including the redevelopment of the Shops at Kenilworth and Towson Commons and the launch of the $125 million Circle East. (Balt. Bus. Journal)

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Purple Line train tests will begin in Maryland in 2020 or after, contractor says

Light-rail trains for Maryland’s Purple Line will begin running on test tracks in Prince George’s County in 2020 or after, the project’s contractor said Thursday. CAF USA will begin assembling the rail cars this year at a plant in Elmira, N.Y., with parts shipped from Spain, said Fred Craig, chief executive of Purple Line Transit Partners. Each Purple Line train will have one 143-foot “light-rail vehicle” that will have about 80 seats and, with standing room, will carry as many as 431 people. Trains will run mostly above ground via an overhead electric line. (Wash. Post)

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