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BUSINESS
By Erin Cox, The Baltimore Sun | July 8, 2014
Baltimore cyber security firm RedOwl Analytics plans to double its workforce to 50 people within the next few years as it tries to make Federal Hill Maryland's new technology hub, company CEO Guy Filippelli said Tuesday. Hot off securing $4.6 million during its first round of venture fundraising last month, RedOwl has also won praise from Gov. Martin O'Malley, who stopped by the company's Light Street headquarters to celebrate the start-up's success. O'Malley called the company an example of the "a growing ecosystem of innovation" in Maryland.
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ENTERTAINMENT
By Tim Smith, The Baltimore Sun | July 8, 2014
A listless west-side block of downtown Baltimore will undergo an energetic makeover if an idea generated by DIY-style theater troupes and local developer Winstead "Ted" Rouse comes to fruition. Their plan, submitted earlier this year when the Baltimore Development Corp. issued a request for proposals, envisions turning three abandoned buildings in the 400 block of N. Howard Street, between West Franklin and West Mulberry, into a hub of theater, dance and more. It could open as early as 2016.
BUSINESS
By Erin Cox, The Baltimore Sun | July 4, 2014
More than 30 Maryland cab companies filed a lawsuit Thursday against the popular ride-sharing company Uber, alleging antitrust violations and demanding an unspecified amount of damages for upending the state's cab industry. The lawsuit, filed late Thursday in Baltimore Circuit Court, joins a string of legal actions against Uber as traditional taxicab companies and regulators across the country confront the company's cheaper and consumer-friendly army of drivers. Led by five major cab companies and their drivers, the lawsuit contends that Uber's surge-pricing model is akin to price-fixing, that its refusal to abide by traditional cab regulations creates an unfair marketplace, and that taken together, the company has interfered with cabdrivers' relationships with their clients.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | July 1, 2014
More than 100 applicants are vying for $12 million worth of Maryland tax credits available to biotechnology investors in fiscal 2015, state economic development officials said. Applications for the Biotechnology Investment Incentive Tax Credit program were submitted online Tuesday to the state Department of Business and Economic Development. The program, first funded in fiscal 2007, has spurred investment of more than $120 million in 70 biotech firms, state officials said. Some Baltimore area companies that received investments last year include American Gene Technologies International, Animalgesic Laboratories, Cerecor Inc., Clear Guide Medical and Diagnostic Biochips.
NEWS
June 30, 2014
In recognizing that for-profit corporations like Hobby Lobby can hold religious beliefs that trump secular laws like the Affordable Care Act's requirement that women have access to contraceptives without out-of-pocket costs, the Supreme Court has moved the nation in an unwelcome direction. Differentiating between religious organizations and private companies used to be a straightforward matter (and a practice dating back to English common law), but now that distinction is no longer so clear.
NEWS
By Frederick N. Rasmussen, The Baltimore Sun | June 27, 2014
James T. Reynolds Sr., a retired Western Maryland tire company owner, died June 23 of congestive heart failure at Stella Maris Hospice. He was 90. James Thomas Reynolds Sr. was born and raised in East Baltimore. He attended Loyola High School. He enlisted in the Army in 1941 and, after being injured during training, was honorably discharged with the rank of corporal in 1944. In the 1940s, Mr. Reynolds went to work as a salesman for O'Toole General Tire in Baltimore, a retail franchise of General Tire and Rubber Co. — now GenCorp.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | June 25, 2014
The founder of a Baltimore County insurance company was arrested Wednesday in connection with an alleged scheme to make it appear that the firm - now being liquidated by a Delaware court - had millions of dollars in cash it did not actually possess. Jeffrey Cohen, 39, former CEO of nightclub and bar insurer Indemnity Insurance Corp., was indicted by a federal grand jury Tuesday on charges of making false statements to an insurance regulator. The indictment was unsealed Wednesday as government agents raided his house in Reisterstown.
HEALTH
By Meredith Cohn, The Baltimore Sun | June 24, 2014
Nearly three months after the Maryland health exchange decided to ditch its online marketplace for a new website, the exchange board has hired a small Greenbelt firm to check its work. The board voted Tuesday to award Angarai International Inc., a professional management consulting firm, a one-year contract for $3.55 million to audit technology development and management on the site. Isabel FitzGerald, who was brought in to oversee the tech operation when the first website failed, said this firm is expected to be "more proactive" than the previous one, "so we don't wait for a report.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | June 22, 2014
Michael Pecht feels like Sherlock Holmes sometimes, and not just because he plays violin on the side. He's a reliability engineer by trade. He runs a 120-person team at the University of Maryland, where the workload includes digging into the mystery of why complex electronics don't work properly. "We get some new problem all the time," he said. "It's just really fascinating. " Pecht, who founded the Center for Advanced Life Cycle Engineering in 1986 and has run it since, was a consultant to Congress during the investigation of reports of sudden acceleration in Toyota vehicles, and more recently for the General Motors ignition-switch recall.
NEWS
By Nayana Davis, The Baltimore Sun | June 21, 2014
Early one morning last week, Jack Kane was pacing around a Glen Burnie warehouse, reviewing paperwork and checking equipment to make sure everything was in order to deliver scores of voting machines to regional polling stations. Kane, 26, is the Anne Arundel County project manager for the Kane Co., an Elkridge-based firm that's transporting some 16,000 voting machines to nearly 1,800 voting centers throughout Maryland. Security is a top priority, and part of Kane's job involves making sure machines don't get tampered with.
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