Last week's headlines

Sparrows Point steel mill owner bids for Esmark

May 25, 2008

1928 landmark to be restored

A development team has launched a $1 million project to restore the 1928 landmark building that was constructed to house Baltimore's North Street Market. The team, which includes the owner of the nearby Charles Theatre, envisions an arts-focused mix of shops, eateries and offices that can become a gathering spot for Charles North, part of the emerging Station North arts district.

Health data exchange set

In a bid to improve treatment and reduce errors, Erickson Retirement Communities, Johns Hopkins Medicine, MedStar Health and the University of Maryland Medical System plan to create a pioneering health information exchange that would give emergency room physicians quick access to patients' medication histories.

Severstal bids for Esmark

Russian steelmaker OAO Severstal, the new owner of Sparrows Point, submitted a $670 million offer for West Virginia steel company Esmark Inc., whose own bid to buy the Baltimore County steel mill collapsed in December. The offer comes just two weeks after Severstal closed its $810 million purchase of Sparrows Point.

Merck agrees to settlement

Merck & Co. has agreed to pay $58 million to several states, including Maryland, to settle allegations that its ads for the once-popular painkiller Vioxx deceptively played down the health risks. The agreement also calls for Merck to submit all new TV commercials for its drugs to the Food and Drug Administration for review before they can be aired. Maryland will receive $1.56 million.

Board berates BWI managers

The Board of Public Works berated airport management Wednesday as the panel reluctantly approved a settlement reached with airlines that forgoes $32.2 million in undercharges for terminal rents, construction costs and fees at Baltimore-Washington International Thurgood Marshall Airport.

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