Thursday’s Small Business Network Series at MCM Features Panel of Women Business Leaders

The May 17 Small Business Networking Series (SBN) focused on woman-owned businesses and the reasons companies commit to support diverse, woman-owned businesses. SBN’s Kelly Leonard facilitated a panel of business women who...

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Pepco Ratepayers Could See Reduction in Monthly Bills

Pepco customers could see a cut in their rates if a deal worked out between the utility and other parties wins approval from the Maryland Public Service Commission. Pepco had sought a $41.4 million rate hike in January, which...

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Small Business Network Series at MCM Tackles Tax Reform Act

The April 19 Small Business Networking Series (SBN) focused on the Tax Cuts and Jobs Act. A panel of experts from the Stein Sperling law group in Rockville answered questions about the effects of the Act which is arguably the...

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Council Mulls Expansion of Spirits Economy into Ag Reserve

Breweries have been growing in Montgomery County, but largely in suburban areas such as Rockville or Silver Spring. The Montgomery County Council is considering new zoning regulations that would extend that growth into the...

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Maryland’s General Assembly Passes Incentive Bill Worth Billions to Attract Amazon

Maryland’s House of Delegates passed legislation early Wednesday designed to establish $5.6 billion in tax incentives to lure Amazon to Montgomery County. The House’s approval of the Promoting ext-Raordinary...

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Business

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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December 19, 2017 | Staff Writer

Bethesda Cyber Security Firm Raises $3 Million

Ataata, a cyber security training platform designed to reduce human error in the workplace, has closed its Series A financing with a $3 million round led by Next Frontier Capital, a venture firm based in Bozeman, Montana, according to a company statement released Tuesday. An additional investor is TEDCO, an independent organization created by the […]

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December 8, 2017 | Mitti Hicks

New Chick-fil-A Brings More Than 80 Jobs to Olney (VIDEO)

Updated: There’s a new Chick-fil-A in Olney. Local franchise owner, Erik Amick, joined county leaders for a grand opening early Thursday, bringing more than 80 new jobs to the area. The 4,886 square foot restaurant is located at 18115 Georgia Avenue and features a drive thru. “Olney is a great place to do business because […]

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December 7, 2017 | Douglas Tallman

Planners To Take Up New Marriott Headquarters Next Week

The Montgomery County Planning Board takes up approvals for the new Marriott International project in downtown Bethesda next week. The 2.25-acre site is at Wisconsin and Norfolk avenues. It also faces Woodmont Avenue to the west. Marriott International now has its headquarters in Bethesda on Fernwood Road. In October 2016, the company announced it was […]

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