Peter Franchot Headlines Small Business Network Series March 8 at MCM

Peter Franchot is scheduled as the featured speaker at the March 8 Small Business Network event at Montgomery Community Media (MCM) studios in Rockville. Franchot’s topic is titled, “The Montgomery County Economic...

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Over the Past Year, Gas Prices Have ‘Seen Quite a Jump’

You might have noticed it: a dollar isn’t getting the MPG it used to. Gas prices have increased about 15 percent over the last year, said Tom Calcagni, regional director of public and government affairs for AAA Mid-Atlantic....

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New Tax Law Leads Pepco to Reduce Rate Increase Request

A month ago, Pepco filed for a rate increase with the Maryland Public Service Commission that would add $5.14 to an average customer’s bill. The utility amended that request Monday, reducing the increase by $2.92, reflecting...

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Hogan Unveils Legislation to Help Lure Amazon to Montgomery County

Gov. Larry Hogan on Monday announced a package of state income, property and sales tax credits and exemptions as part of Maryland’s bid for a possible second headquarters for Amazon. Last week, the company announced an...

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Discovery Communications Plans to Leave Silver Spring

Discovery Communications, a part of Montgomery County for decades, is leaving for New York by 2019, County Executive Ike Leggett confirmed Tuesday morning. Leggett said the county had been trying for a year to keep the company...

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Pepco Seeks Rate Hike that Will Cost $5.14 a Month

Pepco is asking the Maryland Public Service Commission for a rate increase that would add $5.14 to an average consumer’s bill, the company said Tuesday. The rate increase covers $41.4 million for work done in 2017. The company...

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Business

February 17, 2018 | Michelle Queen

Peter Franchot Headlines Small Business Network Series March 8 at MCM

Peter Franchot is scheduled as the featured speaker at the March 8 Small Business Network event at Montgomery Community Media (MCM) studios in Rockville. Franchot’s topic is titled, “The Montgomery County Economic Forecast with Peter Franchot.” Peter Franchot was elected Maryland’s 33rd Comptroller in 2006 and overwhelmingly reelected in 2010 and again in 2014. As Comptroller, […]

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February 8, 2018 | Douglas Tallman

Over the Past Year, Gas Prices Have ‘Seen Quite a Jump’

You might have noticed it: a dollar isn’t getting the MPG it used to. Gas prices have increased about 15 percent over the last year, said Tom Calcagni, regional director of public and government affairs for AAA Mid-Atlantic. The national average for a gallon of gas was $2.26 a year ago. Now it’s about $2.60. […]

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February 6, 2018 | Douglas Tallman

New Tax Law Leads Pepco to Reduce Rate Increase Request

A month ago, Pepco filed for a rate increase with the Maryland Public Service Commission that would add $5.14 to an average customer’s bill. The utility amended that request Monday, reducing the increase by $2.92, reflecting tax savings from the federal tax bill. The increase could instead be $2.22. “It really depends on what the […]

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January 24, 2018 | Douglas Tallman

Annapolis Budget Wrap Up on Montgomery Communications Media County Report This Week

Montgomery Could Face Resistance in Getting the Money Needed to Lure Amazon

The Maryland Matters blog Wednesday has a piece detailing some of the hurdles Montgomery County could face in luring Amazon to locate “HQ2” to the county. Gov. Larry Hogan had provided the broad outlines of a $5 billion incentive package, and lawmakers around the state wish they could get a small piece of it for […]

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January 23, 2018 | Douglas Tallman

Ginsburg: White Flint Would Be ‘Perfect’ Choice for HQ2

Although Montgomery County officials have chosen not to reveal the site they’re suggesting for Amazon’s new “HQ2,” one of the likelier locations is the old White Flint Mall property. Last week, the Seattle-based company revealed the 20 communities that have made its first cut for its new headquarters building. The winner of the Amazon sweepstakes […]

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January 22, 2018 | Staff Writer

Hogan Unveils Legislation to Help Lure Amazon to Montgomery County

Gov. Larry Hogan on Monday announced a package of state income, property and sales tax credits and exemptions as part of Maryland’s bid for a possible second headquarters for Amazon. Last week, the company announced an unnamed Montgomery County site was among 20 potential locations for so-called HQ2, which is expected to bring 50,000 jobs […]

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January 18, 2018 | Douglas Tallman

Report: Montgomery County Makes Amazon’s Short List for HQ2

Montgomery County was one of 20 metropolitan areas in North America as a potential site for Amazon’s second headquarters, according to news reports. The company, which wants to locate 50,000 jobs at a second site, reviewed 238 proposals. The list also included Northern Virginia and Washington, D.C. Other sites, in alphabetical order are Atlanta; Austin, […]

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January 9, 2018 | Douglas Tallman

Discovery Communications Plans to Leave Silver Spring

Discovery Communications, a part of Montgomery County for decades, is leaving for New York by 2019, County Executive Ike Leggett confirmed Tuesday morning. Leggett said the county had been trying for a year to keep the company and its 1,300 employees at its premier location at Georgia Avenue and Colesville Road. “We put a helluva […]

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January 2, 2018 | Douglas Tallman

Pepco Seeks Rate Hike that Will Cost $5.14 a Month

Pepco is asking the Maryland Public Service Commission for a rate increase that would add $5.14 to an average consumer’s bill, the company said Tuesday. The rate increase covers $41.4 million for work done in 2017. The company spent about $222.9 million in the year, said Donna Cooper, Pepco region president, in a conference call […]

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December 19, 2017 | Staff Writer

Hogan’s Economic Plans for 2018 Include Investing in Science and Technology

Governor Larry Hogan announced his plans for economic growth and job development for Marylanders in 2018.  His initiatives include investing in STEM-related (Science, Technology, Engineering, Math) industries and expanding the More Jobs for Marylanders Act with new legislation. Back in 2017, the More Jobs for Marylanders Act was passed to give manufacturing companies tax credits for […]

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