M&T to highlight small businesses with virtual 'Spotlight Shop'

As small business owners continue the fight of their lives, M&T Bank is trying to give them a boost. M&T Bank is featuring more than a dozen of its Baltimore-area, small business clients on an online retail shop designed to lure new and existing customers to the businesses’ websites during the Covid-19 pandemic.  (Balt Bus Journal)

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These are Greater Baltimore's 50 fastest-growing companies

Recording explosive revenue growth year-after-year is no easy feat. That's why the Baltimore Business Journal is once again honoring rapidly growing businesses with our Fast 50 List — an annual ranking of locally headquartered private companies by average revenue growth. For this year's List, we ranked the companies by highest average percent change in revenue in the three-year span from 2017 to 2019. (Balt Bus Journal)

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Port of Baltimore moves ahead with two key projects despite budget cuts

Two capital projects critical to the long-term growth of the Port of Baltimore continue to move forward amid a slew of proposed cuts across the Maryland Department of Transportation's business units due to the coronavirus pandemic. Overall, the Department of Transportations plans to reduce capital spending by $1.9 billion during fiscal years 2021-2026 because of revenue declines in the state's Transportation Trust Fund. Of those cuts, $227 million impact the Maryland Port Administration (MPA). (Balt Bus Journal)

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Visit Annapolis acting executive director resigns after being asked to leave

Visit Annapolis and Anne Arundel County has lost another director. Dani Bottcher was asked to resign Monday as acting director of the nonprofit that gets millions of tax dollars each year to market the city and county, acting board chair Gary Jobson said Tuesday.Bottcher has led day-to-day operations for the seven months since the board ousted longtime president and CEO Connie Del Signore. She worked for nine years as the organization’s chief financial officer. (Capital)

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Maryland casino monthly revenue increases over 2019 for first time during coronavirus pandemic

For the first time since the coronavirus shut their doors for three months, casinos across Maryland produced an increase in revenue in September — more than $1.4 million — compared with last year. According to the Maryland Lottery and Gaming Commission, Maryland’s six casinos made a combined $143,709,268 in September 2020 compared with $142,223,137 in 2019, which makes for a 1% increase. (Balt Sun)

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How Baltimore-area haunted attractions are shifting their scares for a pandemic

With lots of time to plan and 40 acres at his disposal out in Aberdeen, Patrick Barberry is making the most of a pandemic-afflicted Halloween. In his 14th year running “Legends of the Fog” on his farm — which normally includes a haunted hayride, corn maze and mock hotel and circus — fright-seekers will be staying in the car, paying $25 per driver plus $10 per passenger in advance to traverse the attraction and get the scare experience so many crave at this time of year — at a safe distance. (Balt Bus Journal)

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Emergent BioSolutions founder sells tens of millions in stock in 2020

The founder and former longtime chief of Emergent BioSolutions Inc. (NYSE: EBS) has sold tens of millions of dollars’ worth of company stock during a year in which the Gaithersburg biotech’s share price has nearly doubled — in part on news that its growing manufacturing business is being tapped by multiple companies working to develop a coronavirus vaccine. Fuad El-Hibri, executive chairman of Emergent’s board, has sold 491,832 shares to yield $32.89 million so far in 2020, all since early February, according to Securities and Exchange Commission filings. (Balt Bus Journal)

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Regal Cinemas to temporarily close all U.S. theaters, including 15 in Greater Washington

The parent company of Regal Cinemas, the second-largest movie theater chain in the U.S., is suspending operations at all of its locations in the U.S. starting Thursday. The chain counts 15 theaters in Greater Washington, including high-profile locations in Chinatown, Ballston, Silver Spring and at Springfield Town Center and Dulles Town Center. The 543-theater chain reopened in August after months of closures related to the Covid-19 pandemic, but the movie industry has been hurt by state and local restrictions on operations, poor box-office returns from movies that have been released and a long list of postponed releases for much-anticipated films, such as the latest in the James Bond franchise. (Wash Bus Journal)

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