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CEO compensation: Sometimes pay and performance go in opposite directions
Fun (or possibly not-so-fun) factoid: Six of the CEOs running the Baltimore area's largest public companies saw their compensation soar last year even though profits shrank -- or the firms lost money. The smallest pay-package increase among those half-...
Tags: Mayo A. Shattuck III, Corporate Officers, Economy, Business and Finance, Business Enterprises, CEO Pay
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Maryland's wealthy dig deep to donate to super PACS
There are big political contributors, and then there are BIG contributors. Count Baltimore trial lawyer and Orioles owner Peter Angelos among the latter. Angelos has donated at least $1.22 million, mostly to super PACs backing Democrats, according to the...
Tags: Parties and Movements, Charity, Federal Election Commission, Elections, Religion and Belief
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Maryland proposes how it would spend $113.5 million in BGE fund
The state outlined Friday how it proposes to spend the $113.5 million that Exelon Corp. agreed to put in a "customer investment fund" as part of its merger with Baltimore Gas and Electric Co.'s parent. The biggest piece — $44 million —...Tags: Restructuring and Recapitalization, Finance, Alternative Energy, Small Businesses, Martin O'Malley
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CEO pay rises at most local public companies
As pay raises go, it's hard to beat a fivefold increase. That's the jump Hunt Valley-based Omega Healthcare Investors' CEO saw in compensation last year. After getting a thumbs down for its executive pay from a shareholder advisory firm, the company told...
Tags: Corporate Performance, Pension and Welfare, Land Price, Investment Service, Earnings Forecasts
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City Council gives preliminary approval to Harbor Point tax break
The Baltimore SunThe Baltimore City Council gave preliminary approval on Monday to a proposal for a decade of tax breaks for Harbor Point, the future home of Exelon Corp.'s Baltimore headquarters. Two council members, Nick Mosby and Carl Stokes, voted against including...Tags: Politics, James B. Kraft, John Paterakis Sr., Kraft Foods Group, Inc., Under Armour Inc.
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Smaller crowds and clouds greet the Grand Prix
Ryan Hunter-Reay won the second Grand Prix of Baltimore, a sloppy race full of fits and starts run before a diminished crowd. Organizers, though, came away convinced that this year's hastily planned event proved an IndyCar race can work downtown....
Tags: Woodbridge, Alternative Energy, Parkville, William H. Cole IV, Business
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Hearing set for Tuesday to discuss 'smart meter' fires
The news that a Southeast Pennsylvania utility company has suspended "smart meter" installations following reports that some have overheated and caused fires has prompted the Maryland Public Service Commission to schedule a public hearing Tuesday to...
Tags: William Donald Schaefer, Science and Technology, Civil and Public Service, Computing and Information Technology Industry, Peco Energy Company
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Utilities defend 'smart meters' before Public Service Commission
Four major electricity providers defended the safety of "smart meters" Tuesday at a hearing called by the Maryland Public Service Commission after commissioners read reports of similar meters overheating and catching fire in Southeastern Pennsylvania....
Tags: Potomac Electric Power Company, Politics, Government, Pepco Holdings Incorporated, Civil and Public Service
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Solar lights up the Mount
Maryland's largest solar facility - for now - debuted today (Wednesday, 8/29) in Emmitsburg, with officials celebrating completion of the $50 million project at Mount St. Mary's University. Gov. Martin O'Malley was to be on hand for the dedication of the...
Tags: Alternative Energy, Martin O'Malley, Renewable Energy, Hagerstown (Washington, Maryland), Annapolis
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With plan for new hotel, Harbor East glitters even more brightly
Plans to create an upscale hotel with shops and restaurants on the edge of Baltimore's Harbor East neighborhood are reinforcing city leaders' belief that the thriving waterfront community will continue to spur growth east of the Inner Harbor.
A vacant...Tags: International Drive, Bolton Hill, Lifestyle and Leisure, Hotel and Accommodation Industry, Whole Foods Market
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Exelon agrees to sell 3 Md. coal plants for $400 million
Exelon Corp. plans to sell its three Maryland coal-fired power plants for $400 million to a subsidiary of private equity firm Riverstone Holdings LLC, the Chicago-based energy giant said Thursday.
Under the terms of the deal, buyer Raven Power Holdings...Tags: Constellation Energy Group, Metal and Mineral, U.S. Department of Justice, Coal, Mining
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Sierra Club kayakers urge closure of recently sold coal plants
Environmentalists paddled kayaks along Dundee Creek on Saturday to call attention to the recently announced sale of three local coal-fired power plants they say should be shut down for polluting the air.
Jan Hoffmaster of Millersville, the outings...Tags: Environmental Pollution, Alternative Energy, Plant Openings, Heart Disease, Martin O'Malley
Oct 8, 2012
|Story| Baltimore Sun
Oct 14, 2012
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Jun 15, 2012
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Oct 7, 2012
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Sep 11, 2012
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Sep 2, 2012
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Aug 27, 2012
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Aug 28, 2012
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Aug 29, 2012
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Aug 22, 2012
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Aug 9, 2012
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Aug 11, 2012
|Story| Baltimore Sun
Original site for Exelon Corp. topic gallery.
