Post Archive

April 2012

Maryland Economy

by Kathleen Snyder, President & CEO, Maryland Chamber of Commerce The stroke of midnight on April 10 brought the 2012 Maryland General Assembly session to a chaotic end, with the failure of major tax and revenue bills raising the prospect of significant cuts in the state budget. Pressure, however, is

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InternationalMaryland Economy

By Nick Sohr, Managing Editor, MDBIZNews More than 60 executives from Maryland and India gathered Tuesday in Baltimore to discuss business and economic connections between the state of 5.8 million and country of 1.2 billion. The trip organized by the Federation of Indian Chambers of Commerce and Industry follows a

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Labor StatisticsMaryland Economy

By Nick Sohr, Managing Editor, MDBIZNews Job creation slowed in Maryland and across the country in March. But, Maryland continued to perform well when compared to many of its neighbors. Here are a few choice nuggets from the data Department of Business and Economic Development researchers have gleaned from the

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EntrepreneursInnovation & Tech

By Nick Sohr, Managing Editor, MDBIZNews More than 100 entrepreneurs crowded onto an indoor soccer field Friday and settled in front of a stage decorated with a row of mismatched chairs, two pink flamingoes, a garden gnome and an Australian sheepskin rug. While many lead thriving businesses and have other

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Job CreationMaryland EconomyUncategorized

By Nick Sohr, Managing Editor, MDbizMedia Maryland added 1,500 jobs in March, but the state’s unemployment rate rose slightly to 6.6 percent, according to figures released Friday morning by the Department of Labor Licensing and Regulation. March was the seventh straight month of job growth in Maryland. Friday’s report also

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EducationInternationalMaryland Economy

Frostburg State University’s College of Business will launch three new study abroad programs in China this year to better equip its graduates to find work with global businesses and organizations in a fiercely competitive job market. “As employment prospects for graduates continue to remain uncertain, students should be looking to

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Bio/Life SciencesHealth & Life SciencesIndustry NewsInnovation & TechUncategorized

By Nick Sohr, Managing Editor, MDbizMedia Educators, elected officials and medical leaders gathered Tuesday next to a vacant, dusty lot in West Baltimore to celebrate the University of Maryland School of Medicine’s $200 million plan to go big by going small. The school ceremonially broke ground on the Maryland Proton

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Aerospace & DefenseDBEDIndustry NewsInnovation & TechManufacturingProgramsUncategorized

By Nick Sohr, Managing Editor, MDbizMedia ELTA Systems Ltd., an Israeli defense electronics firm and the world’s fourth-largest radar manufacturer, plans to hire 100 people at its newly opened U.S. headquarters in Howard County, Gov. Martin O’Malley announced Wednesday. ELTA North America, the company’s U.S. subsidiary, has leased 7,500 square

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DBEDEntrepreneursFinance & ServicesInnovation & TechProgramsSmall Business

By Nick Sohr, Managing Editor, MDbizMedia Gov. Martin O’Malley celebrated passage of Innovate Maryland on Friday, touting the program as a critical piece in the funding pipeline that funnels discoveries from the laboratory to the marketplace. The goal of Innovate Maryland is to commercialize 40 discoveries every year through a

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DBEDInternationalMaryland EconomyUncategorized

By Nick Sohr, Managing Editor, MDbizMedia The Export-Import Bank of China’s first U.S. office will be established in Maryland under an agreement the bank signed Friday with the state Department of Business and Economic Development. The bank will be a source of capital for Chinese businesses investing in the United

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