Former Under Armour finance chief named CEO at Blue Apron

Blue Apron Holdings Inc. said its co-founder, Matt Salzberg, has stepped down as president and chief executive and will be replaced in those roles by CFO Brad Dickerson. New York-based Blue Apron said Dickerson, 52, has been named executive chairman and will continue to as chairman of the board of directors. Dickerson is the former CFO at Baltimore-based Under Armour. (Balt. Bus. Journal)

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Developer breaks ground on $44 million Brooklyn Park apartment complex

Developers broke ground Thursday on a $44 million apartment complex next to the Southview Shopping Center in Brooklyn Park. Enterprise Homes Inc., in partnership with shopping center owner Southview Development, is building the 230-unit Woodfall Greens near the intersection of Hammonds Lane and Ritchie Highway and adjacent to the Chesapeake Arts Center. The complex will offer one-, two- and three-bedroom apartments in five elevator-served buildings, with the first units opening next fall. Units will feature balconies, washers/dryers and kitchens with granite countertops. The community will feature a club room, library, fitness center, outdoor pool and grilling areas. (Balt. Sun)

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Bayhawks propose building temporary facility at Crownsville fairgrounds

The Chesapeake Bayhawks professional lacrosse team will unveil plans for developing a facility at the county fairgrounds in Crownsville Thursday during a meeting with area residents. Mark Burdett, president of the Major League Lacrosse franchise, will give a presentation to the Greater Generals Highway Community Association at 6 p.m. at Baldwin Hall in Millersville. The Chesapeake Sports and Entertainment Group, established last year by Bayhawks owner Brendan Kelly, will reveal plans for a three-phase project that would establish a multi-sport field and performance complex featuring a stadium and ballfields at the state’s Crownsville hospital site. (Balt. Sun)

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November 30 // Maryland, D.C. get subpoena power in lawsuit against Trump Organization

A federal judge Tuesday ordered President Trump’s business to preserve records related to a lawsuit brought by the Democratic attorneys general from Maryland and the District of Columbia that allege his private company has violated anti-corruption clauses in the Constitution. With the ruling, D.C. Attorney General Karl A. Racine and Maryland Attorney General Brian E. Frosh are now permitted to serve subpoenas requiring the Trump Organization to preserve documents if the court allows the two sides to seek evidence from one another. (Wash. Post)

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Maryland climbs on Forbes list of Best States for Business

Maryland and Virginia's governors can take some pride in this year's Forbes rankings of the best states to do business. Both states climbed on the annual ranking, with Virginia jumping one spot to No. 5 while Maryland gained four spots to land at No. 26. D.C. was not included in the ranking. (Balt. Bus. Journal)

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Baltimore-based Terbium Labs raises $6 million

Terbium Labs, a Baltimore startup that scans the dark web for stolen information, has raised $6 million to expand its reach to businesses. The financing was led by Glasswing Ventures, a Boston-based venture capital firm, and brings Terbium’s total funding to $15 million. The investment will allow Terbium to tap into what it sees as a growing global market for advanced cybersecurity services, as data breaches become increasingly common. “Post-Equifax, there’s a lot of concern about this in the marketplace,” Danny Rogers, co-founder and CEO of Terbium Labs. “What’s changing now is more and more companies are realizing this is something they need.” (Balt. Sun)

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Odds looking longer for 'House of Cards' to continue

Trying to read the tea leaves on as unpredictable a situation as the one involving “House of Cards” following the firing of Kevin Spacey is a risky business. Media Rights Capital, the production company that makes the show in Maryland for Netflix, has been thrown for a very expensive loop by the damning allegations of inappropriate sexual behavior against the show’s star and the decision by Netflix to have nothing further to do with him. But while some have read an email sent to Maryland crew members over the weekend as a hopeful sign for life after Spacey, I think it could just as well mean the opposite. (Balt. Sun)

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Live Nation wants to buy operator of Baltimore's Royal Farms Arena, Pier Six Pavilion

Live Nation Entertainment has submitted a proposal to buy SMG, the company that operates Royal Farms Arena in Baltimore and many other venues, according to a SportsBusiness Journal report. The two companies already work together closely. Live Nation’s Ticketmaster handles ticket sales for SMG and the two companies jointly operate Pier Six Pavilion in Baltimore, for example. Based in Beverly Hills, Calif., the promoting and ticketing giant Live Nation Entertainment was created by the merger of Live Nation and Ticketmaster. (Balt. Sun)

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