Port Discovery announces $10.5M campaign to fund new exhibits, upgrades

Port Discovery Children's Museum is eyeing major changes for the first time since opening in downtown Baltimore 20 years ago. The Inner Harbor museum has launched a $10.5 million capital campaign to fund a series of new interactive exhibits, replace its multi-story jungle gym with a new climbing structure and upgrade amenities like bathrooms and seating areas. Museum officials made the announcement Thursday evening at Port Discovery's annual fundraising gala. (Balt. Bus. Journal)

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Bloomberg Philanthropies wants to help grow Baltimore arts groups

Baltimore is among seven new cities where Bloomberg Philanthropies plans to invest a total of $43 million in arts and culture nonprofits. Bloomberg Philanthropies is expanding its Arts Innovation and Management program, which works to strengthen small and midsize cultural organizations. The organization will aim to invest in about 200 groups across Atlanta; Austin, Texas; Baltimore; Denver; New Orleans; Pittsburgh and Washington, D.C. Bloomberg Philanthropies asked 15 Baltimore organizations to apply for the invitation-only grants on Thursday. The group declined to disclose the groups selected. (Balt. Sun)

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Columbia, Md.-based tech company moves to bigger headquarters and is hiring

There’s a good chance that some of the email you get got to you thanks to SparkPost, and the company has growth plans for its Maryland headquarters location. SparkPost has moved its Maryland operations to new space at 9160 Guilford Road in Columbia, doubling its size from its previous 13,900 square foot office across the street, to nearly 30,000 square feet at its new location. Gov. Larry Hogan attended SparkPost’s official new headquarters ribbon-cutting Thursday afternoon. The company began the actual move earlier this year. (WTOP)

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Baltimore home prices continue to rise in April

Home sale prices in the Baltimore region continued their upward march in April, with the median price hitting $267,900, as the inventory of homes listed for sale remained tight. April’s median sales price was up 4.9 percent, or $12,400, from a year ago and 3.4 percent higher than in March. It was the highest April price of the decade, according to data provided by MarketStats by ShowingTime, based on listing activity from Bright MLS. The number of closed home sales last month was 3,349, up 2.6 percent from a year ago and 8.7 percent from the month before. (Balt. Sun)

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Second Chances: Horse farm offers inmates opportunity to learn job skills, life lessons

About two miles away from the Central Maryland Correctional Facility in Sykesville sits a farm, the barn among grassy hills, a picket fence winding through. On a sunny day in May, the farm is mostly quiet aside from a few birds whose calls were carried on a soft breeze in the air. It’s the quiet — and the open space — that 35-year-old Pablo Lancaster cherishes. For two months, Lancaster has gotten the chance to come out to the farm and work with six horses. It’s a nice change of pace for Lancaster, who has been incarcerated for more than a decade on burglary charges. (Carr. Co. Times)

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May 10 // Report: Johns Hopkins boosts local business spending 23%, hires more than 300 city residents

Johns Hopkins University and Johns Hopkins Health System say they have hired 332 workers from distressed neighborhoods in fiscal year 2017, part of an initiative to spur economic growth in low-income communities. The two also committed $61.3 million, 20.3 percent, of construction project spending to minority-owned, women-owned or disadvantaged businesses. (Balt. Bus. Journal)

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Under Armour executives face questions from shareholders after challenging year

As the sports brand Kevin Plank founded struggles to regain its footing after a difficult year, the Under Armour CEO faced scrutiny Wednesday from shareholders who questioned his commitment to the company and the brand’s connection to consumers. Plank and other top executives assured stockholders during the company’s annual meeting that they already are seeing results of steps the company began putting in place last year to reverse a slide in sales and stock price that started toward the end of 2016. (Balt. Sun)

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Fox to buy Sinclair Broadcast stations in Tribune Media deal

Fox Broadcasting Co. will buy some of the 23 Sinclair Broadcast Group television stations that the broadcaster will sell in its bid to win federal approval of its proposed $3.9 billion takeover of Tribune Media. Fox is buying seven stations for $1.5 billion, plus another $100 million in working capital, Hunt Valley-based Sinclair said Wednesday. The deal with Fox does not involve stations where Sinclair will continue to provide services after the deal closes. (Balt. Sun)

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