Slots in Maryland and What They Mean for Horse Racing
The voters of Anne Arundel County have spoken. In the November 2nd elections, citizens of Anne Arundel County voted in favor of Question A. Question A was a referendum that would have made it possible for developers to build a slots emporium at Arundel Mills mall. Question A passed by a 12 percent margin, with […]
Cyber Online Sales Increase In 2010
Online Sales Help Small and Medium Sized Businesses Succeed One of the continuing trends this holiday season has been the increasing popularity of online retail. According to U.S. Census Bureau statistics; whereas in 1998 online sales (in millions of dollars) made up $4,988 of the total $2,587,105 (0.19%), by 2007, online sales were accounting for $126,697 […]
Bernanke Digs In To Defend US Stimulus Policy
Developments In The Conflict Over Currency Revaluation The latest in the growing international trade deficit conflict between the US and emerging markets could have a large impact on US exports, therefore all American businesses that produce goods could see overseas demand grow. This would also have particular effects on major US shipping hubs like the […]
$36B Military Economic Impact on Maryland in 2008
The Maryland Department of Business and Economic Development released a 56-page report on Thursday conducted by the Jacob France Institute of the Merrick School of Business at the University of Baltimore. Embedded within the detailed report was data from the 2008 fiscal year regarding the economic impact of the military on Maryland. Seventeen military bases […]
Computer Repair Specialists Proud to Serve Maryland since 1986
Businesses seeking new computers, computer repair and network services have a reliable alternative in the trusted specialists at DSR. I found DSR when my son purchased a computer from them through the UMBC Bookstore. I had such a good experience with them that I recently purchased business computers from them as well. Turns out that […]
Virginia to Privatize Liquor Sales
Virginia Governor Robert F. McDonnell (R) released his proposal to privatize Virginia’s 76 year monopoly on liquor sales. The effort is ostensibly meant to live up to his promise to fund transportation in the state without raising taxes. Now the major challenge is to convince Virginia residents and legislators that his new plan is not […]
$13.6M National Cancer Institute Grant Gives Birth to
Johns Hopkins Center of Cancer Nanotechnology Excellence
Faculty within the Johns Hopkins Institute for NanoBioTechnology has received a five-year $13.6 million grant from the National Cancer Institute to form the Center of Cancer Nanotechnology Excellence. This new sector within the prestigious Johns Hopkins medical research system is a comprised of engineers, biologists, and physicians who are all focused on the development of […]
Northern Virginia Beer Distributor Being Sold to Wholesaler
It’s beer Friday where I work, so I just had to report about the purchase of Fredericksburg Distributing Co. by Premium Distributors of Virginia. Founded in 1988, Fredericksburg Distributing Co. is currently expected to finalize the sale on October 8th according to their current General Manager Rocky Sizemore. Standard due diligence will occur next month […]
15 Maryland Tech Startups Receive $1+ Million from TEDCO
The Maryland Technology Development Corporation (TEDCO) has distributed $1,121,900 amongst the following technology startups in Maryland: Amidus, LLC | Cognapse, LLC | CYNCZ, LLC | Differential Dynamics Corporation | Hememics Biotechnologies, Inc. | Nour Immune, Inc. | NutriGrown, LLC | Omic Biosystems, Inc. | Pearl LifeScience Partners, LLC | Plasmonix, Inc. | Quantum Medical Metrics, […]
Maryland Economic Outlook: Strong to Quite Strong
Marylanders have a lot to look forward to economically considering the financial stresses plaguing the majority of our country these days. The Columbia/Ellicott City area was ranked #2 (up from #8 in 2008) in this year’s CNNMoney.com ‘Best Places to Live’ report. Gaithersburg was ranked #25 and Rockville landed at #31. On top of that, […]