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BUSINESS
By Steve Kilar, The Baltimore Sun | July 27, 2012
Baltimore Gas and Electric Co. is seeking to raise distribution rates for electricity and natural gas, a move that would add about $11.80 a month to the median residential bill. The rate increase is needed to pay for updated infrastructure, utility officials said Friday. If the proposal is approved by the Public Service Commission, the median bill would rise each billing cycle by about $7.20 for electricity and $4.60 for natural gas. It's a particularly tricky time to seek a rate increase, as BGE faces consumer backlash and a regulatory probe stemming from its response to a powerful derecho storm last month.
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SPORTS
By Steven Petrella and By Steven Petrella | July 19, 2012
From Lardarius Webb's charity softball game to Anquan Boldin's Q-Festival Weekend, the Ravens have given plenty back to the community this summer. Thursday, the Ravens All Community Team Foundation announced its Plan in Motion project has given close to $100,000 in grants to two dozen local nonprofit organizations. The Plan in Motion Project, now in its sixth year, provides grants of up to $5,000 for programs that promote physical activity, health and nutritional education to children.
NEWS
By Andrea K. Walker and Meredith Cohn, The Baltimore Sun | July 17, 2012
Sexual promiscuity fueled by alcohol and drug use led one 47-year-old Towson man to contract HIV. But when he heard about government approval of the drug Truvada to lower people's risk of getting the disease, he wasn't completely sold on it as a lifesaver. The man, who didn't want to be identified because he hasn't told some family members he is HIV-positive, worries that such a pill could end up encouraging risk-taking. "If you're going to make something readily available to people that already engage in high-risk behavior, are you not saying then that we condone this high-risk behavior, which will then add fuel to the fire?"
NEWS
July 1, 2012
Beginning at 10 a.m. Sunday, ice will be distributed to city residents at the following locations: 4501 Reisterstown Road 1700 N. Gay St. 1601 Baker St. 1500 Havenwood Road (Northwood Shopping Center)
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | June 11, 2012
Baltimore-based Under Armour Inc. approved a two-for-one split of its outstanding common stock, the first since the sports apparel maker went public in November 2005, the company said Monday. Shares of Under Armour have climbed 65 percent in a one-year period, closing at $103.31 per share on Friday on the New York Stock Exchange. The stock is up 45 percent so far this year. "We are proud of the value we have delivered to our stockholders over the long-term, and we believe this stock split may broaden our investor base and improve the trading liquidity of our stock," said Kevin Plank, chairman, chief executive and president, in a statement.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | June 7, 2012
Baltimore Gas and Electric Co. plans to ask Maryland regulators later this year to allow it to raise rates for the distribution of electricity and natural gas, Chicago-based Exelon Corp., the utility's new owner, said Thursday. Exelon executives told stock analysts during a meeting in New York that BGE had delayed filing the rate case while BGE's former parent company, Constellation Energy Group, finalized a merger with Exelon. The $7.9 billion deal, which created the largest nonutility energy provider in the United States, closed in March.
BUSINESS
By Hanah Cho, The Baltimore Sun | June 4, 2012
Nearly two years after Maryland's first casino opened, the state has yet to dole out any of the $3.6 million in slots revenue that has accumulated for small, minority- and women-owned businesses, frustrating advocates and lawmakers. State officials are still working on a program to distribute the money as capital investments or loans to small businesses, a process that Baltimore Sen. Nathaniel J. McFadden criticized as being too slow. "What's taking so long?" asked McFadden, who inquired about the money last month in a letter to Gov. Martin O'Malley.
NEWS
By Meredith Cohn, The Baltimore Sun | May 21, 2012
An estimated 3.5 million cancer patients around the globe are in severe pain from their disease, but many get no relief. In poor countries the cost is considered too high for drugs like morphine when such opioids are often stolen, abused or not taken according to instruction. But some Johns Hopkins University scientists have been working on a solution for those patients, as well as some in the United States, that uses a flexible button-sized disk implanted under the skin that releases consistent doses of painkiller over a month.
NEWS
By Kevin Rector, The Baltimore Sun | May 16, 2012
Two unidentified operators of a prescription drug clinic in Lutherville that was raided by Baltimore County narcotics officers and Drug Enforcement Administration agents Tuesday have been arrested, according to county police. One was arrested at the Healthy Life Medical Group clinic in the 1100 block of York Road, the other at Baltimore Washington International Thurgood Marshall Airport, police said. Both have been charged with conspiracy to distribute Schedule II narcotics, which include amphetamines, methamphetamines and other drugs that can be used in a medical setting but have "a high potential for abuse which may lead to severe psychological or physical dependence," according to the DEA website.
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