The budget committees of the General Assembly, Senate Budget and Taxation and House Appropriations, received a budget update and briefing by the Department of Legislative Services (DLS) and Department of Budget and Management (DBM) on the State’s budget outlook for fiscal years 2021 and 2022, and reductions for fiscal year 2021. Using the more favorable [...]
The Ravens announced their first step toward reducing attendance at M&T Bank Stadium amid the coronavirus pandemic, deferring 2020 season tickets to 2021. From the Raven's press release, In an email to Permanent Seat License (PSL) Owners, the Baltimore Ravens announced Wednesday that season tickets for 2020 will be deferred to the 2021 campaign. The [...]
Governor Hogan has proposed $1.45 billion in budget cuts across state government to offset revenue losses due to the coronavirus pandemic. Reductions include eliminating employee raises, cutting vacant positions and reducing funding for programs ranging from school security to prosecuting violent crime in Baltimore. The proposed changes were released in advance of a meeting Wednesday, [...]
Governor Hogan announced this week the commitment of more than $45.6 million in additional education funding for K-12 technology improvements, community college workforce development programs, rural broadband initiatives, and other priorities in every jurisdiction in Maryland, particularly those most affected by the COVID-19 pandemic. Funds The Governor's press release describes how the funds will be [...]
Governor Hogan recently announced the appointment of Charles Glass, Ph.D. as the director of Maryland Environmental Service (MES). Glass currently serves as the deputy secretary at the Maryland Department of Natural Resources (DNR). He replaces Roy McGrath, who was recently appointed as chief of staff for the administration. From the Governor's press release, “Charles has [...]
Allegis Group Inc. and Chairman Jim Davis are donating $10 million to help with the fight for social justice as protests calling for an end to systemic racism continue across the U.S. The Allegis Group Foundation, the philanthropic arm of the privately held Hanover-based staffing giant, will contribute $5 million, spokesman Stephen Lee told the Baltimore Business Journal in [...]
Governor Larry Hogan announced the appointment of two new leaders at the Maryland Port Administration and the State Highway Administration. Maryland Department of Transportation Secretary Greg Slater appointed William P. Doyle, a former United States Federal Maritime Commissioner, to lead the Port of Baltimore as the new executive director of the Maryland Port Administration, effective [...]
Comcast announced today it is developing a comprehensive, multi-year social justice and equality plan to fight injustice and inequality against any race, ethnicity, gender identity, sexual orientation or ability. The multi-year plan will allocate $100 million as described in the letter from Comcast's Chairman and CEO Brian L. Roberts, ...$75 million in cash and $25 [...]
The Ravens and the Stephen and Renee Bisciotti Foundation have committed to donate $1 million to support social justice reform in Baltimore. A committee of current and former Ravens players will decide which local programs will benefit from the contribution.
Pfizer Inc. recently announced the establishment of the Pfizer Breakthrough Growth Initiative, through which Pfizer will invest up to $500 million in biotechnology companies to help provide funding and access to Pfizer’s scientific expertise to ensure continuity of the biotechnology companies’ most promising clinical development programs. As reported by the Businesswire, The Pfizer Breakthrough Growth [...]
