Bria Overs

Baltimore

Business Reporter at The Baltimore Banner

Business Reporter @baltimorebanner | Send tips to bria.overs(at)https://t.co/emfZPYAIJo

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Articles

JCPenney will finally close doors at Annapolis Mall store in August

1 week ago | thebaltimorebanner.com | Bria Overs

After months of a looming closure, JCPenney will shutter its Westfield Annapolis Mall location and lay off 65 employees there in August. The Texas-based retail company was unable to negotiate a long-term lease or find another suitable location in the area, a spokesperson told The Baltimore Banner on Tuesday. The closure doesn’t come as a surprise.
Otis Rolley selected as next CEO of Baltimore Development Corp.

2 weeks ago | thebaltimorebanner.com | Bria Overs

The Baltimore Development Corporation’s next leader will be Otis Rolley, Mayor Brandon Scott announced on Friday, following a monthslong search. Rolley, a longtime Baltimore resident, is the first African American man to lead the city’s agency, according to a press release. He will step into the role starting on June 23. ”After deploying over a billion dollars of impact, I’m eager to leverage my knowledge and networks for the city that shaped me,” Rolley said in a statement.
BGE customers could see up to $750 in bill relief under new Maryland program

2 weeks ago | thebaltimorebanner.com | Bria Overs

As the summer heats up, some Maryland utility customers may catch a break. Maryland Gov. Wes Moore announced a new $19 million initiative on Thursday to lower energy costs for low- to moderate-income residents. BGE residential customers will get the largest share of relief, at around $15 million, which would be a one-time grant of $250 to $750 per eligible customer. The initiative is fueled by a partnership with Baltimore Gas and Electric, Delmarva Power, Pepco and nonprofits across the state.
Who needs Barnes & Noble? The City that Reads is stocked with local bookstores

2 weeks ago | thebaltimorebanner.com | Bria Overs

Emma Snyder’s friends broke the news to her early this month that Johns Hopkins University’s Barnes & Noble in Charles Village was closing. “Meg Ryan won,” one text message to the local bookstore owner read, a reference to the 1998 romantic comedy, “You’ve Got Mail.”“Barnes & Noble is gone and they had signage for days,” another said.
Princeton Sports closed, but its building will live on

3 weeks ago | thebaltimorebanner.com | Bria Overs

The prominent Falls Road building that long housed the family-owned Princeton Sports retailer is becoming an office space and warehouse for a Baltimore interior design firm. Katherine Crosby, owner and lead designer at Mount Vernon-based Crosby Jenkins purchased the 1-acre plot in Baltimore County, which includes a 15,000-square-foot building and a 67-space parking lot, last week for $4.2 million, the Baltimore Business Journal reported.
As BGE bills are about to rise June 1, utility commission demands a delay

4 weeks ago | thebaltimorebanner.com | Bria Overs

The Maryland Public Service Commission is requiring Baltimore Gas and Electric to mitigate the effects of an impending supply-side rate increase for customers. BGE customers are bracing for an expected bill increase of $16 per month starting Sunday. And that hike follows months of high utility bills tied to heavy usage during the cold winter, higher natural gas supply costs and major utility infrastructure projects.
Pikesville theater makes a comeback with a new name and owner

4 weeks ago | thebaltimorebanner.com | Bria Overs

In a plot twist, a Pikesville movie theater hasn’t reached its final act just yet. Baltimore movie lovers were shocked when Next Act Cinema announced at the end of last year that it was abruptly closing its doors. It was the only Black-owned theater in Maryland. Five months later, the local theater, located at 921 Reisterstown Road, is having a revival. It has a new name and a new owner.
A black bear is Baltimore and Howard County’s newest visitor

1 month ago | thebaltimorebanner.com | Bria Overs

A black bear is roaming through neighborhoods and shopping centers in Baltimore and Howard counties. The bear was initially spotted in Baltimore County’s Randallstown and Pikesville areas but has since made its way into Howard County after residents caught the bear on camera in Ellicott City and at the Columbia Crossing shopping center on Thursday. The Maryland Department of Natural Resources (DNR) believes the bear is 1.5 years old and is the only one in the area.
Maryland lawmakers demand feds stop expected electricity bill spike

1 month ago | thebaltimorebanner.com | Bria Overs

Democratic state lawmakers said Tuesday they have “grave concerns” about a fast-approaching bill hike for electricity ratepayers and are pushing the Federal Energy Regulatory Commission to step in. “We urge you to take action to protect Maryland households from exorbitant costs set to take effect June 1,” a letter from 87 state legislators reads.
How to do ‘recession core’ - the Baltimore way

1 month ago | thebaltimorebanner.com | Bria Overs

A quick scroll through social media can send you down a rabbit hole of recession indicators: grown-out roots, less lipstick, jazzed-up cans of tuna. There’s seemingly no end of content about unconventional ways to save money. But those clips are just clues. A recession is officially triggered by two consecutive quarters of negative gross domestic product growth. The U.S. checked one box when it reported recently that the economy contracted in the first three months of the year.