Advertisement
HomeCollectionsLocal Economy
IN THE NEWS

Local Economy

FEATURED ARTICLES
NEWS
May 14, 2013
Steve Kilar's excellent article on Baltimore's local currency highlighted the process of launching and growing the BNote ("Baltimore's local currency, the BNote, is 2 years old," May 7). Missing from the article, however, was an assessment of the economic benefits of local currencies on communities. Local currencies stimulate the economy by encouraging local spending. A 2008 study conducted by Civic Economics showed significant economic impact from local spending in Western Michigan.
ARTICLES BY DATE
BUSINESS
By Arthur Hirsch, The Baltimore Sun | August 19, 2014
Exelon, the parent of Baltimore Gas & Electric, filed its application Tuesday with the state to acquire Pepco Holdings, a move company officials say will improve service and boost the economies of Pepco's service areas in and around Washington, D.C., and on the Eastern Shore. Chicago-based Exelon reached a $6.9 billion agreement this spring to acquire Pepco, but the deal must be approved by state regulators, including the Public Service Commission of Maryland. Donna Cooper, president of Pepco Region, said she expected the approvals to be completed in the second or third quarter of next year.
Advertisement
NEWS
By Craig Timberg and Craig Timberg,SUN STAFF | March 20, 1997
A surging real estate and retail market combined with continued job growth has Howard County business and government leaders more optimistic than they've been in years about the local economy.The March issue of "Howard County Economic Indicators" -- a four-page quarterly review of economic data, analysis and hunches -- shows strength throughout most parts of the economy, including banking, personal services, construction and home sales."It's probably the most optimistic report we've put out," said county Budget Administrator Raymond Wacks.
NEWS
By Yvonne Wenger and The Baltimore Sun | June 4, 2014
Escorting players from the Negro League during the 1993 All-Star Game at Camden Yards was among her life's “most amazing experiences,” Mayor Stephanie Rawlings-Blake said Wednesday. And the possibility for Baltimore to again host the Midsummer Classic is an exciting proposition, she said. “I just remember the energy that we had in the city - besides the fact that, I think, it was probably the hottest week of the whole summer,” Rawlings-Blake said. “It was an incredible showcase of Baltimore.
NEWS
By DAN BARRY and DAN BARRY,New York Times News Service | February 25, 2007
GREAT BARRINGTON, Mass. -- The scene could have been lifted from a caper movie: An old Volvo station wagon zooms through the southern Berkshire Hills. Its nervous driver pulls up in front of a bank. But instead of pulling off some heist, her gang begins hustling boxes of freshly minted currency in, not out. Once inside, they pause to admire the wads of tens, twenties and fifties. No $100 bills, though - no Benjamins. But there are some Hermans, and even a few Normans. So began this area's great socioeconomic experiment, one in which several dozen businesses agreed to include an alternative currency in their daily transactions and give a discount to those who used it. Now people can pay for groceries, an oil change, even dental work with currency bearing the likenesses of local heroes such as Herman Melville and Norman Rockwell.
NEWS
May 14, 2013
Regarding Steve Kilar's article on Baltimore's local currency, I love the BNote ("Baltimore's local currency, the BNote, is 2 years old," May 7). What a great way to support the people, places and businesses that make this city great. Whenever I go someplace new I make sure to ask "do you take BNotes yet?" It helps to let them know we're interested, and that we care about our local economy. I can't wait to see where this project goes from here. I love Bmore! I love BNotes! Damien Nichols, Baltimore
BUSINESS
Lorraine Mirabella | March 14, 2013
A 7-Eleven that recently opened on the west side of Baltimore's downtown is celebrating Friday with 11 cent Slurpees, coffees and Big Gulp drinks. The store is located at 301 N. Howard St., in a part of downtown long targeted for revitalization. It's expected to add as many as 20 jobs to the local economy. The grand opening event, including entertainment, discounted drinks and an appearance by the Oriole Bird, is set for 10 a.m. to 2 p.m. Friday. The store is the 44th 7-Eleven in Baltimore City, which is the convenience store chain's top market for hot pizza sales nationwide, chain officials said.
NEWS
By Yvonne Wenger and The Baltimore Sun | June 4, 2014
Escorting players from the Negro League during the 1993 All-Star Game at Camden Yards was among her life's “most amazing experiences,” Mayor Stephanie Rawlings-Blake said Wednesday. And the possibility for Baltimore to again host the Midsummer Classic is an exciting proposition, she said. “I just remember the energy that we had in the city - besides the fact that, I think, it was probably the hottest week of the whole summer,” Rawlings-Blake said. “It was an incredible showcase of Baltimore.
NEWS
April 21, 2013
The Sun's recent article on the use of zoning laws to limit liquor stores highlights a complex issue ("Zoning should be used to limit liquor stores, Hopkins study says," April 12). We support a community's right to decide for themselves what type of businesses and services are located in their neighborhoods, and we believe that alcohol licensing regulations should be enforced to deal with those who are not in compliance with the law. These are local issues that should be discussed and decided by all members of the community, including local hospitality businesses.
NEWS
July 15, 1997
THE LEGISLATIVE MANDATE was crystal clear: "The governor shall create a commission to study ways to improve the financial viability of the racing industry." Yet since Gov. Parris N. Glendening signed this measure into law in May, no commission has been established.Time is of the essence. The legislation requires the 12-member panel to "report the results of its study, including findings and recommendations" by Nov. 1. It can't come soon enough for Maryland racing, which faces perilous times.
NEWS
By Raymond Daniel Burke | March 19, 2014
Finding the road to a healthy economic policy sometimes is a matter of getting behind the wheel the proper performance vehicle. Driving the new Corvette Stingray is as enlightening as it is thrilling. The engine roars to life and propels you effortlessly, while its cylinder deactivation system produces astonishing fuel economy for a car with such unbridled power. Shifts are quick and nearly seamless. The steering is tight and responsive and combines with the rigid yet lightweight body and chassis to produce a glorious driving experience.
NEWS
May 14, 2013
Regarding Steve Kilar's article on Baltimore's local currency, I love the BNote ("Baltimore's local currency, the BNote, is 2 years old," May 7). What a great way to support the people, places and businesses that make this city great. Whenever I go someplace new I make sure to ask "do you take BNotes yet?" It helps to let them know we're interested, and that we care about our local economy. I can't wait to see where this project goes from here. I love Bmore! I love BNotes! Damien Nichols, Baltimore
NEWS
May 14, 2013
Steve Kilar's excellent article on Baltimore's local currency highlighted the process of launching and growing the BNote ("Baltimore's local currency, the BNote, is 2 years old," May 7). Missing from the article, however, was an assessment of the economic benefits of local currencies on communities. Local currencies stimulate the economy by encouraging local spending. A 2008 study conducted by Civic Economics showed significant economic impact from local spending in Western Michigan.
NEWS
April 21, 2013
The Sun's recent article on the use of zoning laws to limit liquor stores highlights a complex issue ("Zoning should be used to limit liquor stores, Hopkins study says," April 12). We support a community's right to decide for themselves what type of businesses and services are located in their neighborhoods, and we believe that alcohol licensing regulations should be enforced to deal with those who are not in compliance with the law. These are local issues that should be discussed and decided by all members of the community, including local hospitality businesses.
BUSINESS
Lorraine Mirabella | March 14, 2013
A 7-Eleven that recently opened on the west side of Baltimore's downtown is celebrating Friday with 11 cent Slurpees, coffees and Big Gulp drinks. The store is located at 301 N. Howard St., in a part of downtown long targeted for revitalization. It's expected to add as many as 20 jobs to the local economy. The grand opening event, including entertainment, discounted drinks and an appearance by the Oriole Bird, is set for 10 a.m. to 2 p.m. Friday. The store is the 44th 7-Eleven in Baltimore City, which is the convenience store chain's top market for hot pizza sales nationwide, chain officials said.
NEWS
By Matthew Hay Brown, The Baltimore Sun | February 7, 2013
The Army is planning to move an over-the-horizon radar system, with more than 100 soldiers and a pair of giant, blimp-like aerostats that fly as high as two miles up, to Aberdeen Proving Ground in the fall, Rep. C.A. Dutch Ruppersberger said Thursday. Ruppersberger, the top Democrat on the House Intelligence Committee, said commanders chose the Army base in Harford County for the Joint Land Attack Cruise Missile Defense Elevated Netted Sensor System, or JLENS, because offers FAA-approved restricted airspace and allows for testing weapons tracking over water.
BUSINESS
By Kim Clark | November 15, 1991
Acting on predictions that the economy will continue to lag next year, Baltimore Gas and Electric Co. has announced it will attempt to cut $26 million in costs by freezing hiring.The state's largest electric utility said yesterday that it hopes to use attrition to reduce its work force by more than 400, or more than 4 percent, next year.The company also said that it would scrap plans to hire an additional 400 workers.Arthur J. Slusark, a company spokesman, said that there would be no layoffs and that the company would not cut back customer services.
NEWS
November 22, 1993
No one needs a consultant to know that Annapolis, with its prettiness and tourist amenities, is a perfect place for a conference center. Nor is there any doubt that the local economy could use the boost. But what kind of center? Where? And how can it be built with the least impact on city residents? These questions must be resolved before city and county governments move ahead.Now that a consultant's study has recommended a small convention center for Annapolis, the committee assigned to oversee the project is scheduled to choose a site by year's end. They are right to move quickly; other jurisdictions also are interested in mining the market for small business gatherings.
NEWS
By Ian Duncan, The Baltimore Sun | February 2, 2013
Governor Martin O'Malley narrowly avoided a minor Twitter storm over beer Saturday morning after making a bet with the governor of California on the Super Bowl . Friday afternoon, he responded to a wager with California Gov. Jerry Brown by staking a case of Natty Boh. But Saturday morning, the Brewers Association of Maryland posted a message asking O'Malley to support the local economy and consider putting up a tasty beverage that is...
BUSINESS
By Candy Thomson, The Baltimore Sun | December 22, 2012
The new green at Maryland's state parks is cash, and lots of it. This has been a banner year for the 66 parks, which logged nearly 11 million visitors by early December, 1.1 million more than at the same point last year. Long the destination of day trippers and tent dwellers, state parks have become a go-to spot for thousands of staycationers, who not only pay entry and campsite fees but also leave a trail of money through the communities just beyond their borders. "Parks are destinations that create opportunity for people to enjoy the outdoors and each other," said Matt Baker, owner of Terrapin Adventures, a zip line and outdoor center in Howard County, just minutes from Patapsco Valley State Park.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.