Hope you're enjoying this amazing stretch of weather. It's expected to stick around for the weekend, though temps will head toward 90 degrees by Sunday. It's just a reminder that summer isn't quite over. Enjoy it while it lasts.
In today's Baltimore Business Journal highlight, we look at why Notre Dame of Maryland University is changing 125-plus years of tradition with plans to admit undergraduate males in 2023. Baltimore Business Journal
And reporter Melody Simmons has the latest on the battle between the folks behind the proposed Maglev high-speed train and developer Stonewall Capital. Six community groups have endorsed Maglev's plans for a train and station in their midst. But Stonewall Capital says it's moving ahead with plans for its Westport mixed-use project. Baltimore Business Journal
Here's what else you need to know to start your day.
- Baltimore State's Attorney Marilyn Mosby's federal perjury and mortgage fraud trial has been moved to March 27. The city's top prosecutor was scheduled to start trial Monday until U.S. District Court Judge Lydia Kay Griggsby postponed Mosby’s trial for a second time. Baltimore Sun
- The talk of rising interest rates became reality this week as rates topped 6%, the highest level since 2008. The average rate on a 30-year fixed mortgage climbed to 6.02% this week, up from 5.89% last week and 2.86% a year ago. That's according to a survey of lenders released Thursday by Freddie Mac. The change could mean homeowners pay hundreds of dollars more per month in their mortgage payment. Wall Street Journal
- Commuters should be breathing a sigh of relief after a rail strike nearly disrupted train service throughout the region. Union leaders and rail companies reached a tentative agreement to avert a strike. The MARC Camden and Brunswick lines would have been affected by a strike. Baltimore Banner
- Baltimore City Council members grilled members of the Department of Public Works on Thursday over the city's lack of communication to residents during the recent E.coli scare. City officials discovered bacteria in the water system for West Baltimore. City officials and residents say the city's boil-water advisory was confusing and late. Baltimore Banner
- Anyone who knows a native Baltimorean can't dispute the findings of this latest survey. (I'm married to one.) Realtor.com said it took "a deep dive into the data" to find the places in the U.S. where homeowners hold onto their houses the longest. Baltimore ranked No. 3 behind McAllen, Texas, and New York City. People hold onto homes for an average of nine years, according to the data. "Homeowners in some of the city’s older neighborhoods stay forever," Jackie Ovad, a Realtor with Keller Williams Realty in Baltimore, said about the ranking. Realtor.com
- Nearly a decade of construction at the Wharf, on the Washington D.C., waterfront is coming to an end. Developers Hoffman & Associates and Madison Marquette have invested more than $3.6 billion to construct 3.2 million square feet of office, residential, hotel and retail on what has quickly become a destination in the nation's capital. Washington Business Journal
- Just a reminder if you're heading to Ocean City this weekend, it's going to be loud. Throngs of motorcycle enthusiasts are in town for the annual OC BikeFest. Nightly concerts continue through Sunday. Delmarvanow.com
- Hiring isn't easy right now. So you should probably be focused on retention Many bosses are finding out that "The Great Resignation" is real. If you think your company is doing a great job at keeping people happy, consider nominating it for our 2023 Best Places to Work contest. To nominate your company, click here.
