Business

Elkridge cheesesteak restaurant to open Owings Mills location
A popular Elkridge cheesesteak spot is planning to expand to Baltimore County.

Elevate Prize winners gain more than $300K in funding. They learn to better tell their own stories
The Elevate Prize Foundation named its 10 winners for 2026 on Tuesday.

How the rich pass on their wealth. And how you can too
Death and taxes may be inevitable, but a big bill for your heirs doesn’t have...

Thomas Pritzker steps down from Hyatt board saying he deeply regrets association with Epstein
Some emails between Pritzker and Epstein are included in a recently released cache of documents.

Wall Street swings on worries about tech stocks and discouraged US shoppers
Alphabet and other Big Tech stocks weighed on the market.

Warner Bros reopens takeover talks with Paramount after receiving a waiver from Netflix
Warner Bros. Discovery has until Monday to negotiate a possible transaction with Paramount Skydance.

EU privacy investigation targets Musk’s Grok chatbot over sexualized deepfake images
Researchers say some examples appear to involve minors.

Soaring coffee prices rewrite some Americans’ daily routines
Government data shows coffee prices were up nearly 20% in December from a year earlier.

Starvin Marvin pizzeria to remain open in Frederick after sale ‘fell through’
After announcing its plan to close in late November, a nearly 40-year-old pizzeria and sandwich...

Presidents Day 2026: Here’s what’s open and closed on the holiday
Government offices, the stock market and schools are closed.

British cocktail bar and taproom to open in Fells Point
An all-day tavern serving British bar fare and signature cocktails is coming to a Fells...

Even Dollar Tree is going after rich shoppers now
Across the U.S., Dollar Tree is moving into more higher-income areas.

World shares mostly advance and Japan falls ahead of Lunar New Year holidays
The future for the S&P 500 rose 0.4%.

Hot property: $2.195M Georgian-style Reisterstown estate delivers on luxury, space
How big is this all-brick, three-level estate in Reisterstown? The master bedroom is nearly six...

Some Valentine’s Day tips for anyone seeking the perfect match on four wheels
Edmunds identified five vehicles with distinct personality traits.

Survey: More than 2 in 5 Americans believe financial secrets are at least as bad as cheating
Bigger secrets can impact relationships — and livelihoods.

T. Rowe Price lays off 54 Baltimore City employees
T. Rowe Price laid off 54 Baltimore City employees effective Feb. 6, according to the...

New Alex. Brown & Sons tenant, vegan eatery shutters: 5 Baltimore-area restaurant openings, closures
Several Baltimore City and County restaurants have announced their upcoming openings or closures. Here the...

Conagra ordered to pay $25 million in lawsuit alleging Pam cooking spray caused lung disease
The verdict found that Conagra did not adequately warn consumers about the potential dangers of...

Emma’s Tea Spot to relocate to Beverly Hills after building sale
After nine years in Hamilton Hills, a British tea parlor Emma's Tea Spot will soon...

Valentine’s Day: Restaurant industry couples reflect on personal and professional partnerships
In Maryland's expansive restaurant industry, some business partners also happen to be life partners. The...

Sex workers at Nevada brothel fight for the first-ever unionization
Nevada is the only state where people can legally purchase sex.

As electricity costs rise, everyone wants data centers to pick up their tab. But how?
Data centers keep spreading fast, and some use as much electricity as a small city.

Wendy’s closes US restaurants and focuses on value to turn around falling sales
Wendy’s plans to emphasize value as it tries to win back inflation-weary customers.

Logistics giant DP World replaces chairman named in Jeffrey Epstein documents
Documents show years of messages between DP World head Sultan Ahmed bin Sulayem and Epstein.

Maryland oyster industry reflects on low demand, challenging season
Maryland’s oyster industry is facing one of its toughest seasons in decades, with declining harvests...

Amazon scraps partnership with surveillance company after Super Bowl ad backlash
Amazon says no customer video from Ring ever went to Flock.

Falling cocoa prices won’t necessarily mean cheaper Valentine’s Day chocolates
Chocolate prices at U.S. retail stores rose 14% between Jan. 1 and the first week...

Wall Street steadies after its AI-induced sell-off
Stocks got some help from easing Treasury yields.

Inflation measure falls to nearly five-year low as gas prices fall and housing costs cool
Friday’s report suggests inflation could be cooling.

Underground fire aftermath still hurting business downtown: ‘We’ve had to leave Charles Street to make money’
More than a year after an underground fire shut down part of Charles Street near...

One Tech Tip: All you need to know about the iPhone’s Lockdown Mode
Apple's Lockdown Mode is gaining attention after it blocked U.S. federal authorities from accessing a...

State utility regulators approve discounts for low-income customers
Some relief is on the way for low-income consumers of Baltimore Gas and Electric Co....

Anthropic hits a $380B valuation as it heightens competition with OpenAI
Renaissance Capital counts Anthropic as third among the most valuable private firms.

New Harford liquor license rules might impact Brookside Market, John Brown Butchery
Harford County is weighing liquor license changes that could impact new eateries coming to downtown...

Average US long-term mortgage rate dips to where it was 3 week ago, just above 6%
The benchmark 30-year fixed rate mortgage rate slipped to 6.09% from 6.11% last week.

US homes sales fell sharply in January, even as mortgage rates continued to ease
The National Association of Realtors said that existing home sales sank 8.4%.

US stocks drop sharply as investors hunt for losers that will be hurt by AI
The AI worries have hit software stocks particularly hard.

US applications for jobless benefits fall to 227,000 last week, remaining at recent healthy levels
Applications for jobless aid for the week ending Feb. 7 fell from the previous week.

Maryland athletics has transformed since joining the Big Ten. Here’s what data shows.
A dozen years into its move to the Big Ten, the University of Maryland has...

WhatsApp says Russia has tried to fully block the messaging app
Russia has already blocked major platforms like Facebook since the invasion of Ukraine in 2022.

$1.4M federal grant revives Berlin’s historic Flower Street site
Berlin secures a $1.4M federal grant to redevelop the historic Flower Street site into a...

Protesters in multiple states press Target to oppose the immigration crackdown in Minnesota
ICE Out Minnesota called for sit-ins and other demonstrations to continue for a full week.

Ask Angi: How should I budget for home projects?
Budgeting is one of the most important skills a homeowner can have. Planning ahead and...

Instagram chief says he does not believe people can get clinically addicted to social media
The question of addiction is a key pillar of the case.

Howard County to sell Ellicott City buildings bought during flood mitigation planning
Howard County has gotten the go-ahead to sell several buildings on Old Ellicott City's Main...

Annapolis Restaurant Week to dish up specials citywide
Annapolis Restaurant Week will dish up specials citywide next week. Over 30 eateries are participating.

Kraft Heinz pauses plans to split into 2 companies, says its problems are ‘fixable’
The split was expected to occur in the second half of this year.

US stocks wobble after feeling both the upside and downside of a strong jobs report
The Labor Department said employers added 130,000 jobs to their payrolls last month.

CBO: Federal deficits and debt to worsen over next decade
Worsening federal deficits are driven by increased spending on Social Security, Medicare, and debt service...

Surge of 130,000 US hires last month is a stark contrast to the weak hiring of 2025
The report included major revisions that reduced the number of jobs created last year.

How much do Baltimore nonprofits getting opioid funds pay top executives?
More than a dozen Baltimore nonprofits that have received or are slated to receive nearly...

Baltimore City Council eyes Uber, Lyft per-ride tax hike to boost revenue
A new bill introduced in December last year will see a tax increase on Ubers,...

Hampstead’s Outlaw BBQ closes carryout, moving items to Rocco’s Market & Deli
“We’ve seen the change in the direction of the company over the last couple years...

Berlin residents push back on Ocean City sports complex proposal
Berlin residents object to an Ocean City proposal for a large sports complex near the...

Old treasury building reopens as exhibit on State Circle in Annapolis
Annapolis has a new historical exhibit. The former Maryland Treasury Building is now open to...

Paramount sweetens offer for Warner Bros. shareholders in hostile takeover fight
Warner's leadership has continued to back its deal with Netflix.

US stocks drift to a mixed finish as yields fall after a discouraging report on US shoppers
The action was stronger in the bond market, where Treasury yields fell.

Is a weaker U.S. dollar a good thing?
"All things considered, the negatives outweigh the positives," said one San Diego economist.

Retail sales unchanged in December from November, closing out year on a lackluster tone
Retail sales were flat in December from November. Economists were expecting an increase.

Baltimore mayor’s proposal aims to ease tax burden with system overhaul
Baltimore Mayor Brandon Scott on Monday rolled out a plan to lower homeowners’ property taxes...

Maryland was doused in salt; it’s now heading to waterways
Now that all that snow is beginning to melt, concerns are shifting to the salt...

La Cuchara, other Baltimore restaurants hit by fires still awaiting answers
In the past two months, three popular Baltimore restaurants have shut down — some temporarily,...

Baltimore Scene by Sloane: Opera Baltimore’s Opera Ball
The event raised some $50,000 for Opera Baltimore’s education and community programs and productions.

What you need to know before making financial gifts
Whether you’re giving cash or investments, be aware of the logistics and tax implications.

New Mexico lawsuit accuses Meta of failing to protect children from sexual exploitation online
It's unclear whether Meta CEO Mark Zuckerberg will testify at trial.

Hot property: $1.5M Canton townhouse has panoramic views of Baltimore’s Inner Harbor
There's one rustic reminder of its historic past: an interior brick wall that was original...

US stocks drift higher as gold, silver and bitcoin stabilize
Potentially market-moving economic reports are coming later this week.

Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy
The operator of roughly 180 Eddie Bauer stores filed for Chapter 11 bankruptcy protection.

Kroger names former Walmart executive as its new CEO
By DEE-ANN DURBIN Kroger named former Walmart executive Greg Foran as its chief executive officer...

Landmark trial accusing social media companies of addicting children to their platforms begins
Meta and Google’s YouTube face claims their platforms deliberately addict and harm children.

U.S. Energy Secretary responds to Maryland lawmakers’ concerns on rising electric bills
The Trump administration is monitoring planned Maryland power plant retirements as state officials warn of...

Maryland oyster season collapse prompts calls for federal disaster aid
Maryland’s oyster season was historically bad, prompting calls for federal disaster relief as watermen face...

Ocean City faces second referendum fight over short-term rental limits
A second referendum effort is advancing in Ocean City to overturn a council-approved moratorium on...

Security concerns and skepticism are bursting the bubble of Moltbook, the viral AI social forum
Many experts have expressed security concerns about the platform.

Musk’s underground tunnels in Las Vegas face scrutiny over safety, environmental concerns
The Musk-founded Boring Company has been under the microscope after complaints and alleged violations.

Eastern Shore counties face disparity grant cuts under state budget
Four Eastern Shore counties would lose disparity grant funding under Maryland’s proposed FY2027 budget, shifting...

Baltimore County to temporarily halt data center development, permitting
Baltimore County is joining other counties in Maryland in pausing data center permitting and development...

Food hall serving dishes from around 20 restaurants opens in Annapolis
A food hall opened its first location in Anne Arundel County. The business offers dishes...

Uber found liable in sexual assault case and ordered to pay $8.5 million
Uber plans to appeal the jury's decision.

FACT FOCUS: Trump says tariffs have created an economic miracle. The facts tell a different story
The proof Trump offers is often off-base or wrong altogether.

Liquor-infused ice cream ‘barlour’ to open in Federal Hill
A shop specializing in ice cream spiked with alcoholic mixers is coming to Baltimore.

US stocks soar to their best day since May as the Dow tops 50,000 and bitcoin stops plunging
Chip companies helped drive the widespread rally.
How to start saving — even if you’re starting from scratch
If you don’t have a healthy emergency fund, you’re not alone.

EU accuses TikTok of ‘addictive design’ that harms children, seeks changes to protect users
The European Commission believes TikTok should change its service's basic design.

Carroll might prohibit housing units over commercial centers
Planned commercial centers in Carroll could soon not be allowed to build housing units on...

Icy sidewalks, roads still challenging Baltimore restaurants
As Baltimore recovers from last month's snowstorm, some restaurants said remaining snow and ice have...

Hims & Hers launches copy of Wegovy pill, prompting legal threats from drugmaker Novo Nordisk
By MATTHEW PERRONE WASHINGTON (AP) — Telehealth company Hims & Hers said Thursday it will...

Hickory Flats developers and Bel Air try to dismiss suit challenging parking lease agreement
Bel Air and developers of Hickory Flats have moved to dismiss a county lawsuit challenging...

Pizza Hut closing 250 US stores as parent company considers selling the brand
Pizza Hut has more than 6,000 locations in the U.S.

Anthropic, OpenAI rivalry spills into new Super Bowl ads as both fight to win over AI users
This rivalry began when OpenAI leaders left to form Anthropic in 2021.

Boar’s Head reopens Virginia deli meat plant tied to deadly listeria outbreak
The company's plant in Jarratt, Virginia, resumed limited operations on Feb. 2.

Bitcoin price falls below pre-Trump second term levels, now hovering below $67,000
The original cryptocurrency has lost 46% of its value since Oct. 6.

Average US long-term mortgage rate barely budges, holding near 6%
The benchmark 30-year fixed rate mortgage rate edged up to 6.11% from 6.1% last week.

Grilled cheese sandwich shop to open in Federal Hill
An eatery specializing in the grilled cheese sandwich is coming to Federal Hill.

Falling tech stocks and a plunge for bitcoin hit Wall Street
Several discouraging reports on the U.S. job market also knocked down yields in the bond market.
Asked on Reddit: My parents ruined my credit. How can I fix it?
Familial fraud is relatively common.

US applications for jobless benefits jump by 22,000 to 231,000 last week, the most in 2 months
Applications for unemployment benefits are seen as representative of layoffs.

Musk vows to put data centers in space and run them on solar power but experts have their doubts
Scientists and industry experts say Musk faces formidable technical, financial and environmental obstacles.

After 80 years, Minute Maid’s frozen canned juices are getting put on ice
The Coca-Cola Company says Minute Maid’s frozen juices will be discontinued by April.