Utility Regulator Extends Moratorium on Service Cutoff for One More Month

Following 12 hours of testimony from a broad array of stakeholders late last week, the Maryland Public Service Commission voted Monday to extend the state’s moratorium on utility service shutoffs for an extra month, through Oct. 1. Four of the commissioners voted for the motion, offered by PSC Chairman Jason M. Stanek. A fifth commissioner, Michael T. Richard, abstained, saying he hadn’t had time to fully digest the motion and preferred a proposal from the Office of People’s Counsel to extend the moratorium indefinitely. (Md Matters)

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MGM National Harbor to lay off hundreds of workers

MGM National Harbor is laying off 779 employees effective Monday as part of a larger workforce reduction for casino operator MGM Resorts International (NYSE: MGM), according to reports. MGM is citing business impacts related to the Covid-19 pandemic as the impetus for the companywide layoffs. The company said it is laying off 18,000 previously furloughed workers across its roster — or about 25% of the MGM’s prepandemic workforce. (Wash Bus Journal)

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Mid-Shore Pro Bono receives $15K grant for child advocacy program

Mid-Shore Pro Bono, a nonprofit organization in Easton that provides free access to legal services to low income community members, today announced it received a $15,000 grant from the Qlarant Foundation to support their child advocacy program. The program is focused on providing legal representation for caregivers seeking third party custody of children impacted by the opioid crisis. Mid-Shore was one of 16 organizations to be awarded a financial grant by the foundation, which is the philanthropic arm of Qlarant, focused on improving access to health care and human services for individuals and communities. (Daily Record)

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Chesapeake Contracting Group awarded 3 new contracts

Chesapeake Contracting Group (CCG), a contractor providing services throughout the Mid-Atlantic region for more than 40 years, recently began construction on three new projects. They include a 285 unit, five-story luxury apartment building on Fells Point’s waterfront; a state-of-the-art medical facility for the University of Maryland Medical Campus in Cambridge, set for completion in fall 2021; and the Carroll Hospital’s Skilled Nursing & Rehabilitation Facility, scheduled to be completed in July 2021.  In addition, CCG completed construction on a Porsche Dealership in northern Virginia set to open this fall. (Daily Record)

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Amid layoffs, Franklin Templeton says it will 'maintain a notable presence' in Baltimore

Layoffs have begun and more changes are coming after Franklin Templeton acquired Legg Mason Inc., though the financial giant promises to "maintain a notable presence" in Baltimore. San Mateo, California-based Franklin Templeton completed a $4.5 billion acquisition of Legg Mason on July 31. The closing of the deal marked the end of Legg Mason, a company whose roots in Baltimore trace back 121 years. It also means the loss of jobs for Legg Mason employees as Franklin Templeton (NYSE: BEN) consolidates its corporate functions on the West Coast. (Balt Bus Journal)

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Anne Arundel officials join push to bring The Sun under local ownership

Efforts to change ownership of The Sun to a local group got a boost this month when some elected officials joined the push to break away from Tribune Publishing. Anne Arundel County Executive Steuart Pittman and Annapolis Mayor Gavin Buckley expressed support for the "Save Our Sun" campaign — driven in part by Tribune's decision this month to permanently close the newsrooms of the Capital Gazette in Annapolis and the Carroll County Times and require reporters and editors to work from home. (Balt Bus Journal)

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Under Armour looks to reinvent itself during coronavirus pandemic: ‘They will be far better prepared for 2021′

Before the coronavirus pandemic, Under Armour already faced a long comeback road. Not only was the Baltimore-based sports apparel brand struggling with slumping sales, steep losses and a decimated stock price, but the federal government had launched an investigation into its accounting practices that even threatens to tarnish the company’s founder Kevin Plank. (Balt Sun)

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Amazon could abandon Gaithersburg site after developer's mixed-use shift

A developer looking to build Amazon a new distribution center in Gaithersburg is making major changes to its plans after pressure from city officials — which could quash the e-commerce giant’s interest in the site. The Matan Cos. told city planners in mid-August that they have changed course and intend to build multiple buildings with a mix of commercial uses on the 44-acre property off Interstate 270 near Lakeforest Mall. That marks a substantial shift from Matan’s previous plans to build a single industrial facility on the site, which it advanced with the goal of luring Amazon as a tenant for a new “last-mile” distribution center. (Wash Journal)

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