Good morning and happy Purple Friday!
OK, I know the Ravens don't play until Monday night, so technically, you should wear purple on Monday. But if you're like me, you have a lot of purple in your closet. You can never have too much purple.
Speaking of the Ravens, BBJ Digital Editor Carley Milligan complied a look at the highest-paid Ravens for the 2022 season. At the top? No surprise, it's Lamar Jackson, even without a new contract. Check out the story. Baltimore Business Journal
And in case you missed the BBJ's coverage of Under Armour on Thursday, Reporter Garrett Dvorkin reported on some positive financial results coming from the local sportswear maker. Under Armour's stock rose more than 10% Thursday after it beat profit and revenue expectations for the most recent quarter. But the company also cut its full-year outlook because of the increasingly tough retail market. Read the whole story in the BBJ. Garrett, who joined the BBJ last month, also looked at how Under Armour wants to outfit the young athlete — on and off the court. Baltimore Business Journal
Here's what else you need to know to get your day going.
- The beautiful fall weather keeps coming. Expect dry and mild conditions with high temperatures in the upper 60s to mid 70s through Saturday, with some chance of rain on Sunday. The temps should remain warm through Tuesday when normal November temps in the low to mid 60s kick in. WBAL.com
- Get ready for that extra hour of on Sunday. Daylight saving time ends, giving us more light in the morning but darkness earlier in the evening. You just need to remember to set your clocks back to 1 a.m. at 2 a.m. on Sunday. Though that "fall back" advice might seem outdated considering Apple and Samsung do it for us on our phones. And here's a bit of history I learned while researching daylight saving for this column. Apparently, Benjamin Franklin (my favorite Founding Father) is credited with the idea to conserve candles, the early idea for changing the time. Enjoy that extra hour of sleep! Detroit Free Press
- Oak Hill Advisors LP, a subsidiary of Baltimore-based T. Rowe Price Group Inc., said Thursday that it led a consortium to pay about $1.8 billion for 1.7 million acres of forest in more than 17 eastern states. Oak Hill, which manages $56 billion and is best known as a corporate-debt investor, is betting big on forest carbon markets. The property will be overseen by a unit of environmental-markets firm Anew Climate LLC. Oak Hill joined with Anew’s subsidiary ,Bluesource Sustainable Forests Co., to buy and manage forest land to maximize how much carbon is stored in the trees rather than harvesting the wood by cutting the trees down. Wall Street Journal
- Elon Musk wasn't kidding when he promised massive cutbacks at his newly acquired Twitter Inc. The world's richest man has embarked on slashing the social media company's 7,500-person workforce. He told investors he was aiming to cut 75% of the workforce. The latest estimates are one quarter to 50% of the staff. Employees were told about their job status via emails with the subject line "Your Role at Twitter." Emails to laid-off employees were to come on their personal email accounts. The company planned to close its office on Friday. Washington Post
- Roca Baltimore is expanding its youth-violence intervention efforts into Baltimore County with a pilot program. Roca targets high-risk 16-24 year olds with an intensive four-year model to address trauma and teach life-saving cognitive-behavioral skills. The goal is to break cycles of incarceration and poverty. The BBJ featured Roca's workforce development efforts in an April 2021 cover story titled "Route to Work." The group and Baltimore County Executive Johnny Olszewski are making an announcement on the program's expansion into Essex at 10 am. Friday at the Stembridge Community Center in Essex.
- Oprah Winfrey's stamp of approval means something. Just ask the lucky authors in Oprah's Book Club. So it's great news for Baltimore's Sterling Forever to make Oprah's Favorite Things 2022 holiday gift list. The company got the nod for its "Five Days of Hoops Advent Calendar," which features five different hoop earrings in various shapes, textures and sizes. The jewelry company's earrings come with "a different dazzling discovery hidden behind each door — one for every day of the workweek." Sterling says the $200 advent calendar has $322 worth of jewelry in it. The Favorite Things list debuts on OprahDaily.com and in the winter issue of O Quarterly this month.
- Live Nation, the promoter for CFG Bank Arena, the soon-to-be-overhauled Royal Farms Arena, has secured country star Thomas Rhett for a July concert. Cole Swindell and Nate Smith will join Rhett on the ”Home Team Tour 23” on July 21. Tickets go on sale on Nov. 11 at 10 a.m. “Being on the road is one of my favorite places to be,” Rhett said in a statement. “I can’t wait to see the joy on y’alls faces next year and with my buddies Cole Swindell and Nate Smith. We’re definitely gonna have a good time.” Baltimore Banner
- Houston Astros pitcher Justin Verlander captured his first World Series win last night, giving his team a much-needed 3-2 win over the Philadelphia Phillies. The Astros now lead the series 3-2, with Game 6 scheduled to play on Saturday in Houston. The Astros have the chance to clinch the championship on their home turf. Sportingnews.com
