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BUSINESS
By Eileen Ambrose, The Baltimore Sun | January 21, 2013
Uncertainty over the economy contributed to a nearly 27 percent drop last year in venture capital funding for young companies in Maryland, Washington and Northern Virginia, the first decrease since 2009, according to a new report from PricewaterhouseCoopers. Last year, venture capitalists invested $725.1 million in 164 deals in the area, down from $987.5 million for 163 deals in 2011. On a percentage basis, the decrease in dollars was more than twice the national average for last year, when funding dropped 10 percent to $26.5 billion invested in nearly 3,700 deals, PricewaterhouseCoopers reported.
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BUSINESS
By Eileen Ambrose, The Baltimore Sun | October 18, 2013
Venture capitalists in the third quarter invested $445.7 million in 53 projects in the region that includes Maryland, Virginia and Washington, more than double the amount for the quarter last year, according to PricewaterhouseCoopers' MoneyTree Report released Friday. It also is the first time in a few years that the region's third quarter was stronger than the second quarter, which tends to be most robust, said Brad Phillips, director of emerging company services at PricewaterhouseCoopers.
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NEWS
By Kimberly Thomas and Kimberly Thomas,Capital News Service | October 20, 1993
The number of crimes and the crime rate edged up slightly from 1991 to 1992 in Western Maryland, but the number of murders dropped sharply, new statistics show.The incidence of robbery, aggravated assault, rape, and breaking and entering rose during the reporting period, concluded the latest Maryland State Police Uniform Crime Report."We definitely have an increase in robberies due to economic conditions" in Washington County, Administrative Sgt. Doug Mullendore of the county sheriff's office said.
NEWS
By Sierra Gladfelter | April 14, 2013
After protesting at a nearby coal plant in 2008 and becoming discouraged with his own dependence on unsustainable energy, Charles County Commissioner Ken Robinson decided to build a wind generator on his coastal property and get off the grid. He became the first individual in Southern Maryland to build one on his land. After Mr. Robinson made the rounds to neighbors, the community embraced his idea. "Only slightly taller than a flag pole," the 33-foot turbine produces 30 percent to 40 percent of Mr. Robinson's power.
NEWS
May 26, 1991
The Jewish National Fund, Maryland Region, will award Louis L. Goldstein, comptroller of the Treasury for Maryland, the Tree of Life Award at a dinner at 6 p.m. June 11 at the Annapolis Ramada.A reception will precede the 7 p.m. dinner. Bruce C. Bereano, Bob DeStefano, Anna E. Greenberg and Arthur L. Silber are co-chairmen for the event.Information: 486-3317.
BUSINESS
By Bill Atkinson and Bill Atkinson,Sun Staff Writer | August 16, 1995
Crestar Financial Corp. has formed a new group to manage its rapidly growing operations in Maryland.The newly created Maryland region, which will be based in Baltimore, takes over in January after Crestar's expected acquisition of Baltimore's Loyola Capital Corp.As part of the move, the Richmond, Va.-based company yesterday named William C. Harris as chairman of the greater Washington and Maryland region, and William A. Wycoff, executive vice president of Loyola, as president of the Maryland region.
BUSINESS
By Bill Atkinson and Bill Atkinson,SUN STAFF | June 6, 1997
Crestar Financial Corp. has named J. Scott Wilfong president of its Maryland region, company officials confirmed last night.Wilfong, 47, previously headed corporate and commercial lending in Maryland for First Union National Bank's Baltimore operation."
NEWS
By Bill Talbott and Bill Talbott,Staff Writer | November 23, 1993
Arsons in Carroll County were up 40 percent in the first nine months of 1993 compared with the same period last year, according to a report by the state fire marshal.Carroll was the only county in the Western Maryland region -- which also includes Frederick, Washington, Allegany and Garrett counties -- to show an increase in arsons.Arsons in the region decreased 15.7 percent in the first nine months of 1993 compared with the same period last year, said the report, which was released Friday.
BUSINESS
By The profiles on this page were written by Sun staff writer Bill Atkinson | August 4, 1996
The way Kenneth H. Trout sees it, he came to Baltimore at just the right time.The 48-year-old Trout was named president of Signet Bank's Maryland region in 1991 when some of the city's largest businesses, such as MNC Financial and USF&G Corp., were in RTC financial crisis, and other companies were simply selling out.The sweeping changes wiped out part of Baltimore's business leadership, leaving a vacuum for newcomers such as Trout to fill."I came here at a time that was ripe," he said. "You have seen sort of a shift in power.
BUSINESS
By Bill Atkinson and Bill Atkinson,SUN STAFF | March 13, 1997
William A. Wycoff, president of Crestar Financial Corp.'s Baltimore-based Maryland region, said yesterday that he had submitted his resignation and plans to move to Pittsburgh so that he and his wife can be closer to family members.Wycoff, 50, said he would continue to head Crestar's Maryland ** region until June at the very latest."There is no hidden agenda," Wycoff said. "This is purely my decision."Wycoff said he was not willing to make a seven-to-10-year commitment to build Crestar's Maryland operations, which have about 800 employees and 30 branches.
NEWS
By Ian Duncan, The Baltimore Sun | February 9, 2013
High winds are forecast across the region Saturday with a gale warning in effect on the Chesapeake Bay until noon, according to the National Weather Service. A gale warning means winds of 34 to 47 knots (39 to 54 mph) are expected. Forecasters say that could mean dangerous conditions for anyone venturing out onto the bay, especially in smaller boats. Even after the gale subsides, condtions will remain treacherous for inexperienced sailors, according to the Weather Service. In response to conditions, the Chesapeake Bay Bridge is operating under a wind warning, with the Maryland Transportation Authority urging drivers to use caution while crossing.
BUSINESS
By Eileen Ambrose, The Baltimore Sun | January 21, 2013
Uncertainty over the economy contributed to a nearly 27 percent drop last year in venture capital funding for young companies in Maryland, Washington and Northern Virginia, the first decrease since 2009, according to a new report from PricewaterhouseCoopers. Last year, venture capitalists invested $725.1 million in 164 deals in the area, down from $987.5 million for 163 deals in 2011. On a percentage basis, the decrease in dollars was more than twice the national average for last year, when funding dropped 10 percent to $26.5 billion invested in nearly 3,700 deals, PricewaterhouseCoopers reported.
NEWS
By Jill Rosen, The Baltimore Sun | July 8, 2012
Alex and Laura Garcia slogged back to their car after visiting the Baltimore Farmer's Market on Sunday, wiping sweat from their faces. After days of record-breaking, three-digit heat, the Bolton Hill couple agreed that what typically passes for hot would feel like paradise. "If it was 90, it's sad to say, but I'd feel like that would be pretty nice," Alex Garcia said. The region's reward for making it through 11 straight days of temperatures hovering around 100 degrees is a full week in the 80s starting Monday, National Weather Service officials said Sunday.
EXPLORE
April 24, 2012
Beverly Walenga is serving as interim chief executive officer for the Central Maryland Regional Transit Corporation, the corporation announced last week. Walenga has been at CMRT for 15 years and is currently the director of Finance and Administration. The former CEO, John W. Powell Jr., is the new Howard County administrator for the Office of Transportation. According to a statement released by CMRT, the transit company has a $15 million annual budget and carries close to 2 million riders on 17 routes in the city of Laurel and portions of Anne Arundel, Howard, Montgomery and Prince George's counties.
NEWS
August 23, 2005
William Henry Wilson, a retired chemical company executive and active churchman, died of cancer Aug. 16 at Sinai Hospital. The Roland Park resident was 84. Mr. Wilson was born and raised in Paterson, N.J., and earned his bachelor's degree from Princeton University in 1939. During World War II, he was a technical representative of Wright Aeronautical Co., assigned to the British Royal Air Force in India and Afghanistan. After the war, he began his business career with Aluminum Company of America in Cleveland.
BUSINESS
By William Patalon III and William Patalon III,SUN STAFF | May 12, 2005
Barbara A. Gehrig, the Comcast Corp. executive in charge of the cable company's Maryland-Delaware region, is to be named tonight as the new chairman of the Greater Baltimore Committee, making her the first woman to head the 50-year-old advocacy organization. Gehrig, 49, who has been vice chair for the past two years, is succeeding Christian H. Poindexter, the retired Constellation Energy chief executive who had held that top spot since May 2003, the GBC said. Atwood "Woody" Collins III, president and chief operating officer of M&T Bank Corp.
NEWS
August 23, 2005
William Henry Wilson, a retired chemical company executive and active churchman, died of cancer Aug. 16 at Sinai Hospital. The Roland Park resident was 84. Mr. Wilson was born and raised in Paterson, N.J., and earned his bachelor's degree from Princeton University in 1939. During World War II, he was a technical representative of Wright Aeronautical Co., assigned to the British Royal Air Force in India and Afghanistan. After the war, he began his business career with Aluminum Company of America in Cleveland.
NEWS
By Andrew A. Green and Stephen Kiehl and Andrew A. Green and Stephen Kiehl,SUN STAFF | December 6, 2002
Wintry weather arrived early in the Baltimore area yesterday as the heaviest snowstorm in three years blanketed the region with as many problems as snowdrifts: shutting down schools, causing serious accidents and reacquainting Marylanders with slush, ice and cold. "It's been several years since we had a significant storm, and we have a lot of citizens who aren't used to this," said state Transportation Secretary John D. Porcari. "Lots of them are driving SUVs and they forget that four-wheel drive does not suspend the laws of physics."
NEWS
By Jennifer McMenamin and Jennifer McMenamin,SUN STAFF | May 14, 2000
When Carroll County Board of Education President C. Scott Stone tapped someone to lead the school system's effort to straighten out its troubled construction department, he wanted an employee with no connection to problems that propelled school officials into multimillion-dollar lawsuits and a grand jury investigation. His choice of elementary education supervisor Margaret Pfaff, he said at the time, was a direct response to public requests that the construction department staff and upper-level administrators criticized in an internal investigative report not be involved in correcting the problems.
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