Latest news from Baltimore Business Journal

O’Malley taps Greater Baltimore Committee chief Fry to lead slots review panel

Thu, 04 Dec 2008 22:22:19 GMT

Greater Baltimore Committee CEO Donald C. Fry will serve as chairman of the commission that will choose the locations and operators of Maryland slot machine parlors, Gov. Martin O’Malley said Thursday.

‘We can’t afford to see GM fall down,’ Baltimore business leaders say

Thu, 04 Dec 2008 19:46:31 GMT

If Congress neglects to provide automotive giant General Motors Corp. with an $18 billion lifeline, it would have a significant impact on Greater Baltimore. (GM) (F)

Wall Street, Md. officials assess Constellation Energy bids, job cuts

Thu, 04 Dec 2008 19:38:14 GMT

Dueling offers for Constellation Energy Group and news of job cuts at the Baltimore energy giant prompted jitters on Wall Street and in Maryland Thursday. (CEG)

Automakers return to Congress for bailout

Thu, 04 Dec 2008 19:35:07 GMT

U.S. automakers returned to Congress Thursday, asking for bridge loans totaling $34 billion to keep them in business while they continue their restructuring efforts.

Maryland Port Administration's pact with UPM-Kymmene to create 120 jobs

Thu, 04 Dec 2008 19:35:03 GMT

Maryland’s deal with Finnish paper maker UPM-Kymmene will guarantee 3.2 million tons of cargo over 10 years and create 120 new jobs at the Port of Baltimore.

Maryland Public Television phasing out analog broadcasts

Thu, 04 Dec 2008 19:01:57 GMT

Maryland Public Television said it will discontinue two of its analog broadcasts this month and convert them to digital format as it prepares to comply with a federal mandate.

D.C restaurateur eyes Phillips Seafood's Annapolis location

Thu, 04 Dec 2008 19:00:25 GMT

A well-known Washington, D.C., restaurant owner wants to take over Phillips Seafood’s downtown Annapolis restaurant and rename it Hell Point Seafood.

Labor Dept. sues Maryland Sound & Image over 401(k) plan

Thu, 04 Dec 2008 18:50:56 GMT

The U.S. Department of Labor has sued Maryland Sound & Image, saying trustees of the company’s 401(k) profit-sharing plan did not properly submit employee contributions to the plan.

Solar industry pleads for more federal help

Thu, 04 Dec 2008 18:47:58 GMT

Solar companies are calling on the U.S. government to do more to help the stalling solar industry and to create jobs.

Consumer groups seeking investigations into flight cancellations

Thu, 04 Dec 2008 18:45:16 GMT

Consumer advocacy groups want federal regulators and Congress to investigate whether U.S. airlines are canceling or rerouting flights at the last minute when they have not sold enough seats to make them profitable.