Giacomo Bologna

5 days ago | thebaltimorebanner.com | Giacomo Bologna

After its second bankruptcy in two years, the nationwide pharmacy chain Rite Aid plans to close its Aberdeen warehouse and layoff 363 employees. According to a filing with state regulators, Rite Aid will close its distribution center at 601 Chelsea Road by June 4. Rite Aid is one of Harford County’s biggest private employers. According to a 2024 financial report, the drugstore giant employed 900 people in Harford County. Rite Aid’s bankruptcy will have ripple effects throughout the state.

1 week ago | thebaltimorebanner.com | Giacomo Bologna

The investors stepped inside the marble-floored lobby of Vivo Baltimore and tasted blood in the water. They came wearing suits, sunglasses and boat shoes — one sported a hefty gold chain. They took phone calls, crossed their arms and eyed the competition. They circled like sharks. They left like minnows. Going once. Twice. Three times. The two residential buildings sold after a single bid from the lender: $25 million.

1 week ago | thebaltimorebanner.com | Giacomo Bologna |Lee Sanderlin

Let’s not sugarcoat it: It’s been a terrible few months for many federal workers and, by extension, many Marylanders and their families. The state faces an uncertain future where its most reliable industry — the federal government — no longer feels like it’s on solid footing. In response, local leaders and state officials are trying to help workers find stability and chart a new path forward. “We want you to stay,” Comptroller Brooke Lierman said in an interview.

1 week ago | flipboard.com | Giacomo Bologna |Lee Sanderlin

2 hours ago South African business activity stabilises as PMI hits neutral mark JOHANNESBURG, May 6 (Reuters) – South Africa’s private sector showed signs of stabilisation in April, emerging from a four-month downturn as sales … 2 hours ago No law should mandate pvt sector job quota: Minister Patna: Public health and engineering department (PHED) minister Neeraj Kumar Singh Babloo on Monday said no legislation should be imposed on the … 5 hours ago Albert, Gore and Wellington corridors need a...

1 week ago | thebaltimorebanner.com | Giacomo Bologna |Cody Boteler

MCB Real Estate is in the process of buying the Hyatt Regency Baltimore Inner Harbor, according to two people with knowledge of the situation. Buying the 488-room hotel would add to the Baltimore developer’s portfolio downtown, where the firm already owns or controls multiple properties clustered around the intersection of Pratt and Light streets, including Harborplace.