NEWS
October 17, 2011
Much of the country has probably paid scant attention to the debate over the 1,700-mile pipeline known as Keystone XL, which is proposed to connect Alberta, Canada, with Texas refineries. But in Washington, State Department review of the $7 billion project has become a messy affair, and the Obama administration is clearly torn over whether to support or reject it. On the one side are jobs, potentially thousands of them, tied to the construction of the pipeline, as well as the prospect of tapping Canada's tar sands to help meet America's energy needs.
NEWS
August 31, 2011
Letter writer Cindy Schild, a spokeswoman for the American Petroleum Institute, claims the Keystone XL pipeline to bring crude oil from Canada is needed to create jobs ("Keystone XL pipeline is a step toward the future", Aug. 22). Environmental effects aside, this misses the larger point. After the short-term stimulus provided by construction of the pipeline, the project locks the U.S. into a long-term dependency on Canadian crude. We will have sent a negative signal to our domestic renewable energy markets while American energy dollars continue to leak abroad.
BUSINESS
By Andrea K. Walker, The Baltimore Sun | July 29, 2011
The latest owner of Laurel Park and Pimlico Race Course says the Preakness is the key to turning around the state's horse racing industry. Greg Avioli, who heads The Stronach Group's racing business, told state regulators Friday that the second leg of the Triple Crown isn't living up to its potential. The Preakness could make three times the $14 million in revenue it currently sees, he told members of the Maryland Racing Commission. To make that happen, The Stronach Group wants to build a modernized facility — which could cost as much as $200 million.
ENTERTAINMENT
By Laura Vozzella | July 7, 2011
Olympian Michael Phelps has been dating a Canadian woman -- and swapping Weinergate-quality photos with her -- for more than two years, the gossip site RadarOnline reports. The site identifies Phelps' girlfriend as Montreal native Ashley Finestone, who displayed more wisdom than you might expect of a Phelps gal pal by declining to comment to a RadarOnline reporter. "Only him and I know what's really going on," she said. Can't wait until schoolmarm Debbie Phelps meets this gal. Maybe the Rosetta Stone pitchman should hook her up with some language-learning software first.
NEWS
By Julie Scharper, The Baltimore Sun | June 22, 2011
The head of the quasi-public city agency that negotiated a 2007 deal over a parcel of land near the city's planned slots parlor defended the handling of the agreement Wednesday, as the city approved a $1.2 million settlement to free the land for gambling development. Baltimore Development Corp. President M.J. "Jay" Brodie said high-ranking city officials were well-versed in the terms of the original deal with the developers behind the 11-acre Gateway South sports complex, including a clause that would require the city to repay the developers for studies they undertook in planning the project if the city terminated the deal.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | February 18, 2011
Open Text Corp., a Canadian company, said Friday it completed its acquisition of Baltimore-based Metastorm Inc. for $182 million. Metastorm provides business process management software to government and commercial clients all over the world. Open Text said it plans to integrate Metastorm's process management software solutions into its own content management software offerings to customers. Open Text, which is based in Waterloo, Ontario, has more than 100 million users of its products in 114 countries.