Montgomery considers lifting hipness quotient with later bar hours, ‘noise areas’

Later closing times for bars, relaxation of noise ordinances and a “concierge” service to help new businesses maneuver the Montgomery County bureaucracy are among the proposals of a task force charged with lifting the hipness quotient of a place many millennials find bland and inhospitable. (Wash. Post)

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Maryland Tedco seeks $30M to invest in veteran-owned businesses

An arm of the Maryland Technology Development Corp. is aiming to raise $30 million for a new fund dedicated to investing in veteran-owned businesses. Stuart M. Sutley and Genaro “Gino” Dellarocco, both veterans of the U.S. Armed Forces, are general partners of the Veterans’ Opportunity Fund. The fund will be managed by Tedco Capital Partners. (Balt. Bus. Journal)

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$1.25M donation brings cutting-edge mammography

Cutting-edge breast cancer screening technology is available at Mercy Medical Center at no extra cost to patients thanks to a $1.25 million donation from a Maryland couple. The hospital now has the latest technology in breast cancer detection that involves 3D mammography known as tomosynthesis thanks to Maryland residents Shelley and Allan Holt, who made the donation. (WBAL-TV)

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Exelon to pay $646k to settle FERC allegations

Exelon agreed to pay about $646,000 to settle a federal regulator's allegations that its Baltimore-based Constellation energy commodities group gave wrong information to a grid operator, an error the company called inadvertent. The settlement, made public on Friday, includes a civil penalty of $500,000 and giving up $145,928 in "unjust profits," plus interest, according to the Federal Energy Regulatory Commission. (Balt. Sun)

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Len Stoler Car Dealership Owner And Wife Gift $3M To Sinai Hospital

Roslyn and Leonard Stoler have gifted $3 million to Sinai Hospital. In return, the hospital has named a portion of its main building in their honor. The newly named Roslyn & Leonard Stoler Tower has six floors and more than 200,000 square feet of space and includes units for patients with the most critical care needs. (WJZ-CBS)

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Jos. A. Bank deal is good for Men's Wearhouse shareholders, analyst says

Jos. A. Bank Clothiers Inc. shares rose 69 cents Monday on an analyst’s report upgrading his opinion of the stock and saying he expects the Hampstead retailer to succeed in its $2.3 billion offer to buy rival the Men’s Wearhouse. Avondale Partners LLC analyst Mark Montagna said in a report he sees “a remote chance there will not be overwhelming approval by [Men’s Wearhouse] shareholders for the acquisition.” The $48-a-share cash offer represents a premium of almost 18 percent to Men’s Wearhouse stock’s 5-year high, he noted. (Balt. Bus. Journal)

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Oct. 21 // Uncertainty of future shutdown could dampen holiday spending

Though the federal government shutdown ended last week, the economic impact is likely to be felt in Maryland for months, dimming prospects for a robust holiday shopping season. With Congress funding the government only through Jan. 15 — raising the specter of another shutdown — some federal workers in Maryland plan to limit their holiday spending. Stores are bracing for more frugal customers. And financial experts are urging federal workers to start saving immediately. (Balt. Sun)

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Despite government shutdown, federal job seekers bombard agencies with applications

Amid furloughs, pay freezes and political attacks on civil servants, the National Park Service recently posted an opening for a senior communications position that drew 400 applicants. Local universities report waiting lists for federal résumé workshops. And government job gurus are as busy as ever. The popularity of federal jobs reflects the continued weakness of the job market, four years out from the end of the Great Recession, federal hiring experts said. As much as the public sector has been buffeted by turmoil in recent months, it is still seen as a haven from something even more uncertain: the private sector. (Wash. Post)

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