Hagerstown baseball team chooses new name; NFL approves Commanders sale
Baltimore Business Journal
The Baltimore region's source for local business news & events. Part of the American City Business Journals network.
Good morning Baltimore business magnates and happy Friday.
Today is not likely your lucky day, unless you happened to stop by Las Palmitas Mini Market in downtown Los Angeles in the past day or two. That’s where the lone winning ticket for the billion dollar Powerball jackpot was sold, according to CBS News Los Angeles.
The winning numbers included some classic luckies: 7, 10, 11, 13 and 24, with a Powerball of 24. Now the winner is faced with a choice: $516.8 million all at once, or in yearly installments?
If there’s one thing my teachers taught me, it’s that a dollar today is worth more than a dollar tomorrow. I’ll take the lump sum.
Speaking of billions:
The NFL’s team owners signed off the $6.05 billion sale of the Washington Commanders to a group led by sports mogul and private equity billionaire Josh Harris, bringing a formal end to Dan Snyder’s tumultuous 24-year tenure as franchise owner, our sister paper the Washington Business Journal reported yesterday. The sale, which is the highest price ever paid for a professional sports team, required three-quarters of the league’s 32 owners to sign off at a special meeting held in Minneapolis. The Harris-led group received approval from all 32 owners, the NFL confirmed.
Bank of America is closing its largest branch in Columbia by deposits, the first branch the bank has closed in Greater Baltimore this year, BBJ’s Garrett Dvorkin reports. The Charlotte, North Carolina-based bank filed notice with the federal Office of the Comptroller of Currency that it plans to close its branch at 7170 Cradlerock Way in the Owen Brown Village Center Complex. Don Vecchiarello, a spokesperson for the bank, confirmed the closure and said the branch will officially close on October 24. Continue reading to hear what the move means for the branch’s employees and the bank’s outlook in the Greater Baltimore area.
New Hagerstown baseball team chooses its name
Hagerstown’s new team has a name: the Flying Boxcars. The name is the outcome of 1761 submissions and 2500 votes by the public, according to the team. Flying Boxcars edged out finalists Battle Swans, Diezel Dogs, Haymakers and Tin Lizards for the top spot. The new title pays homage to the nickname for the famous Fairchild C-82, a military cargo plane that was manufactured in Hagerstown in the 1940s and 50s, which had a central fuselage the exact size of a railroad boxcar. The Flying Boxcars will join the Atlantic League of Professional Baseball in 2024 when their new $70 million stadium is completed.
领英推荐
A Creole restaurant offering New Orleans-inspired small plates and live entertainment is scheduled to open next year at the Northwood Commons shopping center near Morgan State University, yours truly reports. D.C.-area restaurateur Jeffeary Miskiri, founder and CEO of Miskiri Hospitality Group, will open Miss Toya’s Creole House in spring 2024. The restaurant will be Miskiri’s second of the same name, joining a portfolio of Black, family and woman-owned concepts, including Miss Toya's Southern Kitchen which opened in Gaithersburg in June and several southern and Cajun-style restaurants in D.C. and one in Cleveland. Read more about Miskiri's expansion into Baltimore City.
Smile — You’re getting a $1.2M grant!
Baltimore’s National Museum of Dentistry — a museum I definitely knew existed — received a $1.28 million grant from the National Institute of General Medical Sciences this week to develop online educational tools about oral health. The campaign, called “A Mouthful of History,” will combine different academic disciplines like science and art to teach K-12 learners about healthy oral hygiene. The University of Maryland School of Dentistry’s Department of Dental Public Health (now that’s a mouthful) will partner on a free educational web portal that will come from the project, according to a press release.
McDaniel College receives approval for 4-year nursing degree program
The Maryland Higher Education Commission approved McDaniel College to create a four-year undergraduate nursing program. College president Julia Jasken said in a statement that the program builds on the popularity of the school’s health sciences major that began in 2020. The college also hopes it will help alleviate a shortage of licensed nurses in the area. Though the details of the program are yet to be determined, the major will be available to first-year students, transfers and current students once they enter their third year, according to the announcement.
Transportation department launches campaign to fill vacant roles
The Maryland Department of Transportation has more than 1,100 vacant roles, and a new campaign is aiming to fill them. “Taking you places!” is a push to highlight the benefits of public service and reduce the number of openings. In light of Gov. Wes Moore’s directive to reduce state agency vacancies by half in 2023, transportation is showcasing current employees who will be available to explain how their careers in public service have impacted their lives for the better. The agency announced it is looking to fill spots for “equipment maintenance, accounting and engineering, community relations, environmental planning and procurement.” The Baltimore Business Journal newsletter caucus has yet to confirm if they are hiring business bloggers.
TEDCO elects Omar Muhammad for another term as chair
Maryland tech funding hub TEDCO (Maryland Technology Development Corp.) elected Omar Muhammad to another term as chair of the board yesterday. Muhammad, director of Morgan State University’s Entrepreneurial Development & Assistance Center, said the Cultivate Maryland initiative, which aims to create inclusive tech and startup activity in the state, will be a priority. The group also elected Ellen Flowers-Fields (College of Southern Maryland) as vice president and Kathie Callahan Brady (Frederick Innovative Technology Center Inc.) as secretary. And don’t forget, TEDCO CEO Troy LeMaile-Stovall made our 2023 Power 10 list.
This newsletter was written by Joe Ilardi, digital producer for the Baltimore Business Journal. I can be reached at [email protected].