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☆ Larry Hogan has raked in $157,000 for giving speeches in the last 2 years — including after he launched his Senate bid
▼ + stars: | 2024-04-15 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Read previewLarry Hogan has made $157,000 from paid speeches since the end of his term as Governor of Maryland, according to financial disclosure documents filed on Sunday. Terry McAuliffe at the Self Storage Association's National Spring Conference — came after he launched his GOP Senate campaign on February 9. This story is available exclusively to Business Insider subscribers. AdvertisementRicci told Business Insider on Monday that Hogan does not plan to give any more paid speeches while campaigning for Maryland's US Senate seat. Related storyIndeed, plenty of figures in both parties have given — and faced scrutiny — for paid speeches in the past, the most famous case being Hillary Clinton.

Persons: —, Larry Hogan, Terry McAuliffe, Spring Conference —, Governor Hogan, Hogan, Michael Ricci, Ricci, Jordan Libowitz, Hillary Clinton, Mike Rogers, Tom Suozzi Organizations: Service, Virginia Gov, Spring Conference, GOP Senate, Business, Maryland's, Citizens, Responsibility, Washington, GOP Michigan, Democratic, American, Casualty Insurance, National, Housing, LG Ad, Business Council of Canada, Republican, Senate, Senate Republicans Locations: Maryland

Hogan's political ascendency resulted in large part from his criticism of tax increases that resonated with a tax-weary electorate in his upset victory in 2014. And Hogan, who was originally elected governor by railing against tax increases endorsed by the Maryland General Assembly, has already made the Maryland race unusually competitive in the heavily Democratic state. The Maryland Senate this month largely kept his budget plan intact, despite a drop in revenue estimates announced after the governor submitted his plan. The Senate has been mostly unreceptive to the House plan, with Ferguson ruling out the corporate tax component. He's also ruled out legalizing internet gambling this year, another part of the House plan.

Persons: Larry Hogan’s, Baltimore's, Francis Scott Key, Republican hasn’t, Hogan, Bill Ferguson, ” Hogan, Del, Ben Barnes, “ I’m, Larry Hogan, ” Barnes, “, ” Ferguson, David Trone, Angela Alsobrooks, Wes Moore, Ferguson, He's, Moore, haven't Organizations: Republican, Gov, U.S . Senate, Baltimore Democrat, Associated Press, Governor, Maryland General Assembly, Democratic, Washington Post, University of Maryland, Republicans, Maryland, Democratic U.S . Senate, U.S, Senate, Transportation Trust Fund, state's, ”, Maryland Democrats, GOP, Maryland Republican, U.S . Rep, Maryland Senate Locations: ANNAPOLIS, Md, Maryland, Baltimore, U.S, Senate, Prince George's

☆ Owner of ship that crashed into Baltimore bridge will likely try to invoke 1851 law used to cap damages after Titanic disaster
▼ + stars: | 2024-03-28 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +7 min

The owner of the ship that crashed into the Baltimore bridge faces a mountain of potential lawsuits. Experts say the owner will likely try to invoke an 1851 law to try to cap potential damages. The Limitation of Liability Act was successfully used by the Titanic owner after the 1912 sinking. "If they're fully successful, it will cap how much they have to pay in damages," Michael Sturley, an expert in maritime law and professor at the University of Texas at Austin's School of Law, told BI. However, I must say that the way things look at present, it seems unlikely that a limitation petition will be successful."

Persons: —, Maryland's Francis Scott Key, Dali, Michael Sturley, Sturley, Michael A, McCoy, it's, Martin Davies, Davies, Gordon Carey —, Carey, It's Organizations: Titanic, Service, University of Texas, Austin's School of Law, Private Ltd, Grace Ocean Private, Business, Washington Post, Wall Street, Titanic Inc, Maritime Law Center, Tulane University School of Law, White Star, Reuters, Synergy Marine Group, Synergy Marine Locations: Baltimore, Singapore, Sri Lanka, Patapsco, United States, , Oregon, Oregon

☆ Cargo ship had engine maintenance in port before it collided with Baltimore bridge, officials say
▼ + stars: | 2024-03-28 | by ( ) www.cnbc.com time to read: +8 min

The others were presumed dead, and officials said search efforts had been exhausted. Investigators on Wednesday began collecting evidence from the vessel that struck the Francis Scott Key Bridge the previous day. U.S. Coast Guard Rear Admiral Shannon Gilreath said authorities had been informed that the ship was going to undergo the maintenance. "We were informed that they were going to conduct routine engine maintenance on it while it was in port. Video showed the ship moving at what Maryland's governor said was about 9 mph (15 kph) toward the 1.6-mile (2.6-kilometer) bridge.

Persons: Francis Scott Key, Roland L, Butler Jr, Alejandro Hernandez Fuentes, Dorlian Ronial Castillo Cabrera, Butler, Wes Moore, Shannon Gilreath, Jennifer Homendy, Homendy, Moore, Watson, Pete Buttigieg, Biden, Buttigieg, Gilreath Organizations: Fire, Bloomberg, Getty, U.S . Coast Guard, Maryland State Police, Maryland Gov, . Coast Guard, National Transportation Safety Board, Coast Guard, Homeland Security, Associated Press, Synergy Marine Group, Grace Ocean Private Ltd, White House, Transportation, World Association, Transport Infrastructure Locations: Baltimore, Dali, Patapsco, Baltimore , Maryland, U.S, Maryland, Mexico, Guatemala, Dundalk , Maryland, Honduras, El Salvador, Sri Lanka, Singapore, Port, Germany, Japan, United Kingdom, Windward, Annapolis

☆ Industries from cars to coal to ice cream could be impacted by Baltimore bridge collapse
▼ + stars: | 2024-03-27 | by ( Kelsey Vlamis | Dominick Reuter | ) www.businessinsider.com time to read: +6 min

The Francis Scott Key Bridge collapse has blocked shipments in and out of the Port of Baltimore. The port is a key shipping point for cars, construction and farm equipment, and coal. The Port of Baltimore is the top US port for roll-on/roll-off cargo, like cars and construction machinery. halbergman/Getty ImagesCoal, gypsum, and sugarIn 2022, coal was among the top export commodities by weight moved through the Port of Baltimore. A research briefing from Oxford Economics said the bridge collapse will likely have a greater impact on the local Baltimore economy than on a national level.

Persons: Francis Scott Key, —, Dali, Daraius Irani, Anirban Basu, Ford, Basu, Domino, Sugar, Irani Organizations: Service, Industry, Regional Economic Studies, Towson University, Sage Policy, General Motors, Caterpillar, Port, Baltimore Refinery, Oxford Economics Locations: Port of Baltimore, Port, Baltimore, Patapsco, India, West Virginia

☆ A staggering amount of money is slipping away due to the Baltimore bridge collapse
▼ + stars: | 2024-03-27 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Experts told Business Insider that the port alone contributes $15 million in daily economic activity, which will come to a near standstill "until further notice." While some cargo will have to wait, container ships can largely be rerouted to other east coast locations. Ryan Peterson, the CEO of global logistics firm Flexport, told Business Insider that 800 containers of his were destined for Baltimore, and are now being rerouted. And it's unclear whether East Coast ports will have enough available capacity to absorb Baltimore's container volume, Petersen said. A risk for Baltimore will be whether those route changes are temporary, or if they'll have a lasting impact on the port's business.

Persons: —, Baltimore's Francis Scott Key, Port, Anirban Basu, It's, Basu, Daraius Irani, Ryan Peterson, Petersen, we're, Martin Dresner Organizations: Service, Business, Sage Policy, Regional Economic Studies, Towson University, University of Maryland's Smith School of Business Locations: Port of Baltimore, Baltimore, East Coast, West Coast

☆ A livestream caught the moment a massive ship crashed into Maryland's Francis Scott Key Bridge and caused it to collapse
▼ + stars: | 2024-03-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

A large ship crashed into a bridge in Maryland early Tuesday morning, causing it to collapse. A livestream captured the moment at 1:28 a.m. when the vessel struck what appeared to be a bridge support beam. Per ship tracking data, the vessel is Singapore-flagged and is listed at 984 feet long. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA YouTube livestream captured when a large ship struck a bridge in Baltimore, Maryland, causing it to collapse in the water early Tuesday.

Persons: —, Francis Scott Key Organizations: Service, StreamTime, Bay Area Mechanical Services, Business Locations: Maryland, Singapore, Baltimore , Maryland

☆ Ships are getting bigger. That's making incidents like the Baltimore bridge collapse more complicated.
▼ + stars: | 2024-03-26 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Incidents like the Baltimore bridge collapse are "very rare," a marine risk expert told BI. Still, data from marine risk consultants shows that cargo ship safety is improving. AdvertisementDon't jump to conclusions about the dangers of cargo ships after the dramatic destruction of a Baltimore bridge, a marine risk expert says. Rahul Khanna, the global head of marine risk consulting for Allianz, told Business Insider. Once the vessel collided, the sheer size of the ship — weighing some 95,000 tons — made the bridge's collapse inevitable.

Persons: —, Francis Scott Key, Rahul Khanna, Khanna, It's, Maryland's Organizations: Service, Allianz, Allianz Global, Cargo, Engineers, BI Locations: Baltimore, United States

☆ Baltimore bridge collapse would have been much worse if the ship hadn't called in 'mayday'
▼ + stars: | 2024-03-26 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

The cargo ship that crashed into the Baltimore bridge called in a 'mayday' moments before. Wes Moore said. AdvertisementThe Baltimore bridge collapse could have been deadlier had the crew of the swerving cargo ship not called in a "mayday" before hitting the bridge's support. Maryland Governor Wes Moore told reporters at a news conference Tuesday morning that before the Singapore-tagged Dali cargo ship crashed into Baltimore's Francis Scott Key Bridge, crew members called in a distress signal. The crew told authorities that they had lost power on the ship and were in trouble, Moore told reporters.

Persons: Wes Moore, Moore, —, deadlier, Francis Scott Key, " Moore, Chris Van Hollen, Paul Wiedefeld Organizations: Maryland Gov, Service, Maryland, Amazon, Fedex Locations: Baltimore, Maryland, Singapore, Patapsco

☆ Americans have between 4 and 6 hours of leisure time daily. We just have no idea how to use it.
▼ + stars: | 2024-03-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +11 min

AdvertisementDespite class differences, 95% of Americans over the age of 15 engaged in some kind of leisure activity on a typical day, according to the 2022 time-use survey. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.

Persons: —, It's, I'm, Brigid Schulte, Liana Sayer, Sayer, Sayers, Schulte, Ciara Kelly, Kelly, We're Organizations: Service, Netflix, Business, Bravo, University of Maryland's, Organization for Economic Co, Development, World Economic, US, The University of Sheffield Locations: America, France, Finland, Belgium, Italy, Germany, Spain, Japan, UK

☆ Americans have no idea how to use their free time
▼ + stars: | 2024-03-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +11 min

It's true that Americans are overworked, overstressed, and generally awful at unplugging from work, two time-use researchers told Business Insider. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.

☆ Baltimore port closure could cost $15 million per day in lost economic activity
▼ + stars: | 2024-03-26 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

The Port of Baltimore is closed "until further notice" following the collapse of a major bridge. Experts say the closure alone will bring some $15 million of daily economic activity to a halt. Experts told Business Insider that the port alone contributes $15 million in daily economic activity, which will come to a near standstill "until further notice." While some cargo will have to wait, container ships can largely be rerouted to other east coast locations. And it's unclear whether East Coast ports will have enough available capacity to absorb Baltimore's container volume, Petersen said.

Persons: —, Baltimore's Francis Scott Key, Port, Anirban Basu, It's, Basu, Daraius Irani, Ryan Peterson, Petersen, we're, Martin Dresner Organizations: Service, Sage Policy, Regional Economic Studies, Towson University, University of Maryland's Smith School of Business Locations: Port, Baltimore, Port of Baltimore, East Coast, West Coast

☆ Inside a prison healthcare company's ownership shell game
▼ + stars: | 2024-03-05 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +22 min

Sen. Elizabeth Warren has criticized Corizon successor company YesCare for its opaque corporate structure. Yet Geneva's track record is scant; it only incorporated in November 2021, six months before it got the YesCare contract. AdvertisementOnly one agency with a YesCare contract told BI it was aware of the extent to which YesCare had outsourced its operations. AdvertisementAn October 2022 YesCare bid document, submitted to the Alabama Department of Corrections, says PharmaCorr will dispense all prescription medications for YesCare. AdvertisementThe agreement between Geneva and prison healthcare provider YesCare requires YesCare to pay at least $500,000 a month to Geneva.

Persons: Sen, Elizabeth Warren, Corizon, YesCare, —, Dick Durbin, Raphael Prober, Prober's nonanswer, Warren, Christopher M, Lopez, Robert Green, Corizon —, Green, Lori Mayer, Aaron Kaufman, Chris Atkinson, Joel Landau, Tehum, Martin Horn, Alabama Department of Corrections YesCare, Thomas Mailey, Bryan Baker, Isaac Lefkowitz, Perigrove, — Lefkowitz, Lefkowitz, David Gefner, Gefner, Storm Harper, PharmaCorr, Jeff Sholey, Steven Weiss, Atkinson, Sara Tirschwell, Zalman Shapiro, Tirschwell, Michael Farrier, Jeffrey Sholey, Judge Lopez Organizations: Service, Corizon Health, Business, Getty, YesCare Holdings, Justice Department, Tehum Care Services, Geneva Consulting, Genesis Healthcare, BI, Geneva, American Correctional Association, . Maryland Department of Public Safety, Correctional, CHS, PharmaCorr, University of West, of Health, Allure, New York State Department of Health, Public, New York City Department of Correction, Alabama Department of Corrections, Alabama, New York State Department of Corrections, Community Supervision, Doña, Okaloosa, LinkedIn, YesCare, YesCare . Alabama Department of Corrections, Gefner, Court, Western, of, Corizon's, Florida's, Florida's Hillsborough County Sheriff's, Tehum's Locations: Missouri, Houston, Texas, Geneva, Florida, Alabama, New Jersey, YesCare, University of West Florida, Connecticut, Massachusetts, Riker's, Doña Ana County, New Mexico, Okaloosa County , Florida, Wyoming, Maryland, Colorado , Florida, North Carolina, Suffern , New York, YesCare's Alabama, of Missouri, Florida's Hillsborough County

☆ A House Democrat admits Biden's aging is noticeable, but says the president is 'firing on all cylinders'
▼ + stars: | 2024-02-26 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In a speech largely complimentary of President Joe Biden, Democratic Rep. David Trone said the 81-year-old president's age has begun to affect him. As first reported by Politico on Monday, a video shows Trone telling the crowd at a Maryland Democratic club's meet-and-greet on February 21 that the president is "working and firing on all cylinders." "I often say I wish I was 10 years younger," Trone said in a statement.

Persons: —, Joe Biden, David Trone, Trone, Democratic Sen, Ben Cardin, Larry Hogan Organizations: Service, Democratic, Politico, Maryland Democratic club's, Business, Congressional District, GOP Gov Locations: Maryland, Maryland's

(AP) — Republicans hoping to pick up an open U.S. Senate seat in deep blue Maryland have the most competitive candidate they've fielded for decades. She supports abortion rights unequivocally and said she probably will back a candidate who doesn't hedge. Photos You Should See View All 33 ImagesHogan has said he does not support taking abortion rights away, even though he personally opposes abortion. “For eight years, we proved that the toxic politics that divide our nation need not divide our state," Hogan said. The state approved legislation in 1991 to protect abortion rights if the Supreme Court were to allow abortion to be restricted.

Persons: they've, Larry Hogan, Hogan, Lynn Johnson Langer, ” Langer, ”, don’t, Langer, Mileah Kromer, “, that’s, ” Hogan, Donald Trump, Roe, Wade, Mary Kfoury, that's, Kfoury, Kromer, it’s, Larry Hogan Won, Sen, Ben Cardin pounced, Angela Alsobrooks, Prince George's County, Rep David Trone, Alsobrooks, Wes Moore's, Robin Ficker Organizations: —, Senate, U.S, Maryland, Democrat, Republicans, Democratic Party, Goucher College, Trump, Republican, Blue State Republican, GOP, Prince, Democratic, Rep, CNN, Voters, Catholic, Democratic Gov, Washington's NBA Locations: ANNAPOLIS, Md, U.S, Maryland, U.S ., Annapolis, Edgewater , Maryland, Prince George's, Alsobrooks, Landover , Maryland

☆ Warren Buffett's Berkshire keeps new stock pick secret — again. Here's what it means
▼ + stars: | 2024-02-18 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

A new stock pick from the 93-year-old Buffett almost always leads some investors to follow suit, quickly moving the share price. Berkshire has been a longtime shareholder in credit rating agency Moody's , and bought a big stake in Citigroup in early 2022. The last financial stock Berkshire bought was Capital One Financial in the first quarter of 2023. If the new stake ever exceeds 5% of whatever stock it is, Berkshire would be required to report its holding with the SEC. Buffett might be asked to reveal the identity of the mystery stock at Berkshire's annual shareholder meeting in early May.

Persons: Warren Buffett, Berkshire Hathaway, Buffett, Todd Combs, Ted Weschler, Berkshire's, Goldman Sachs, David Kass, University of Maryland's Robert H, Jamie Dimon, Kass, there's Organizations: Berkshire, The Securities, Exchange, Chevron, Verizon, Apple, Buffett, Bank of America, American Express, Citigroup, Mastercard, Visa, JPMorgan, U.S . Bancorp, Bank of New York Mellon, University of Maryland's, Smith School of Business, outperforming Bank, SEC Locations: Omaha, Berkshire, McLean, Va, Wells, outperforming

WASHINGTON (AP) — An insulator under a rail car caught fire Thursday, forcing the evacuation of an underground Metro station when smoke filled the station. The DC Fire and Emergency Services agency posted on X, the social media platform formerly known as Twitter, that nine people were evaluated for injuries and that one was transported after the incident at the Eastern Market station. Service was suspended on parts of three Metro lines as a result of the incident. Most recently, Metro officials were forced to suspend the majority of its railcar fleet in 2021 after a derailing revealed chronic problems with the wheels and axles. A subsequent investigation by the National Transportation Safety Board investigation concluded that the agency had a “poor safety culture” under former chief Paul Wiedefeld — who currently serves as Maryland's Secretary of Transportation.

Persons: Paul Wiedefeld — Organizations: WASHINGTON, Metro, DC, Emergency Services, Eastern, Federal Center, Armory, National Transportation Safety Board, Transportation Locations: Virginia, Maryland

“My fellow Marylanders: you know me," Hogan begins in a video released by his Senate campaign. When he announced his decision not to run for Senate two years ago, Hogan expressed confidence he could win. The rarely open Maryland Senate seat already has drawn U.S. Rep. David Trone into the Democratic primary, as well as Angela Alsobrooks, the county executive of Prince George's County in the suburbs of the nation's capital. Hogan was only the second Republican governor to ever win reelection in Maryland, a state where Democrats outnumber Republicans 2-1. Running on fiscal concerns as a moderate Republican businessman, Hogan tapped into voter frustration over a series of tax and fee increases to defeat then-Lt. Gov.

Persons: Larry Hogan, hasn't, Hogan, Donald Trump, “, ”, Mitch McConnell, Democratic Sen, Chris Van Hollen, Sen, Ben Cardin, Trump, Nikki Haley, David Trone, Angela Alsobrooks, Prince George's County, Gov, Anthony Brown, Freddie Gray, Maryland’s, Charles Mathias, Mathias Organizations: — Former Maryland Gov, U.S . Senate, GOP, Republican, Maryland, United States Senate, Democrats, Democratic, Senate, “, United Nations, South Carolina Gov, Maryland Senate, Rep, Prince, Seven Republicans, Republicans, General Assembly, National Guard, Republican U.S Locations: ANNAPOLIS, Md, Republican U.S, U.S, Maryland, Prince George's, Trone, Baltimore, Vietnam

☆ Maryland Senate candidate Angela Alsobrooks wants to boost 'first chances' so the economy can thrive. She'd also like to see the filibuster gone.
▼ + stars: | 2024-02-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

For Angela Alsobrooks, the county executive of Prince George's County and a leading Senate candidate, focusing on economic matters is key. AdvertisementAlsobrooks, who previously served as the Prince George's County state's attorney and was first elected as county executive in 2018, is running to succeed retiring Democratic Sen. Ben Cardin, an institution in Maryland politics. The county executive, who has been endorsed by Gov. AdvertisementCounty Executive Angela Alsobrooks: It is my strongly held belief that people deserve first chances in our country. AdvertisementAs county executive, I opened the first of its kind mental health and addiction care facility in the county.

Persons: Angela Alsobrooks, Alsobrooks, Prince, Democratic Sen, Ben Cardin, David Trone, Maryland's, Wes Moore, John L, Dorman, I've, haven't, Tom Williams, —, Tommy, Tuberville Organizations: Service, Senate, Democratic, Prince, Business, Gov, Inc, Getty Locations: Prince George's, Prince George's County, Maryland

McLEAN, Va. (AP) — A Virginia Senate committee on Tuesday rejected legislation that would have allowed a referendum on a casino in the wealthy suburbs of the nation’s capital. The committee rejected a motion to kill the bill outright, instead opting to carry the bill over to 2025 for future consideration. A study commissioned in 2019 by the Joint Legislative Audit and Review Committee found that a northern Virginia casino could generate $155 million annually in tax revenue, more than any of the other casinos built in Virginia. Virginia voted in 2020 to allow locations in five cities, subject to referendum. Bristol, Danville, Portsmouth and Norfolk all voted for a casino; Richmond voters twice rejected a proposed casino in that city.

Persons: Sen, Louise Lucas, Lucas, ” Sen, Jennifer Boysko, David Marsden, Marsden, ” Marsden, “, Scott Surovell, Connie Hartke, ”, “ We're Organizations: Senate Finance, Assembly, Fortune, Fairfax, Audit, MGM, Reston Citizens Association, Richmond Locations: McLEAN, Va, Virginia, Fairfax County, Tysons, ”, National Harbor, Potomac, Reston, Petersburg, Bristol, Danville, Portsmouth, Norfolk, Richmond

“As it stands, the policy makes little sense,” Oversight Board co-chair Michael McConnell said of Meta’s policy in a statement on Monday. Spokesperson Corey Chambliss said while audio deepfakes aren't mentioned in the company's manipulated media policy, they are eligible to be fact-checked and will be labeled or down-ranked if fact-checkers rate them as false or altered. Meta created its oversight board in 2020 to serve as a referee for content on its platforms. The board also noted that some forms of manipulated media are made for humor, parody or satire and should be protected. Meta said on its website that it welcomes the Oversight Board’s ruling on the Biden post and will update the post after reviewing the board’s recommendations.

Persons: Joe Biden, Michael McConnell, Meta, Corey Chambliss, Meta’s, Biden, Jen Golbeck, “, ”, Barbara Ortutay Organizations: Facebook, Meta, Pew, YouTube, Biden, University of Maryland's College of Information Studies, Associated Press, AP Locations: U.S, San Francisco

☆ A New Yorker who invests in out-of-state real estate shares how she selects strong markets, where she's looking to buy in 2024, and property must-haves: 'I'm looking for three bedrooms minimum'
▼ + stars: | 2024-01-27 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +9 min

'Look for the really ugly houses'Especially if you're investing out-of-state or in an unfamiliar area, "your biggest asset is other agents," said Casey. "You have to go to the block or know someone who knows the market really well." But that's not necessarily what you're looking for as an investor. "When you're looking for an investment property, you're looking for something really under market that you can renovate." Ask, 'Would this work for a tenant in the market you're investing in?'"

Persons: Nyasia Casey, I've, Casey, Baltimore Casey, David Shvartsman, she's, wouldn't, fourplexes, She's, I'm Organizations: Business, Amazon FBA, Yorker, Baltimore, Agents, YouTube Locations: New York City, Baltimore , Maryland, Cleveland, Philadelphia, Baltimore, NYC, New York, Albany, Bronx

FALLS CHURCH, Va. (AP) — Legislation that would allow a referendum on a casino in the northern Virginia suburbs of the nation’s capital cleared a hurdle Wednesday when a state Senate committee voted to advance the bill. Another bill that passed the committee Wednesday would allow Petersburg to hold a referendum on a casino in place of Richmond. Marsden said allowing a casino in northern Virginia provides geographic diversity and fairness. Legislative studies have also shown that a northern Virginia casino would generate more tax revenue than anywhere else. The Northern Virginia Chamber of Commerce supports the bill.

Persons: Glenn Youngkin, Sen, David Marsden, ” Marsden, Marsden Organizations: Senate, Committee, Delegates, Virginia Gov, Fairfax, Technology, Richmond, Northern, Northern Virginia Chamber of Commerce Locations: Va, Virginia, Fairfax County, Tysons, Bristol, Danville, Portsmouth, Norfolk, Petersburg, Richmond, Maryland, Potomac, Bethesda, Northern Virginia

☆ Maryland won a tentative victory in the race for a new FBI headquarters, a potential economic boon for a majority Black county near DC
▼ + stars: | 2024-01-20 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

"And he recognized the importance of the FBI for Maryland and in particular for Prince George's County." Related storiesPrince George's County, the majority-Black county directly to the east of Washington, DC, has for years had one of the most affluent Black populations of any jurisdiction in the country. But compared to Northern Virginia localities like Fairfax County, which has been an economic powerhouse for decades, Prince George's County hasn't enjoyed a similar level of economic development. "We have 4% of leased federal office space in Prince George's County," Hoyer told me, while also pointing out that the county is home to roughly 20% of the Washington region's federal workers. "We're absolutely convinced that everything was done properly," Hoyer told me.

Persons: Wes Moore, Steny Hoyer, —, Edgar Hoover, Ben Cardin, Chris Van Hollen, Hoyer, Robert Mueller, Mueller, Moore's, George's County, Prince, Prince George's County hasn't, ERIC BARADAT, Moore, Christopher Wray, We're, I've Organizations: GSA, FBI, Gov, Virginia, Service, Metro, Maryland Gov, Maryland, Democratic Rep, Democratic, eventual, Prince, Getty, Washington, Marine Corps Base Quantico, General Service Administration Locations: Maryland, Virginia, Greenbelt , Maryland, Prince George's County, Maryland Sens, George's, Black, Washington, Northern Virginia, Fairfax County, AFP, Prince George's, Fairfax

☆ Gov. Wes Moore touts 'revolutionary' Maryland as he reflects on his first year in office and praises Biden 'partnership' ahead of 2024 election
▼ + stars: | 2024-01-20 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

He signed into law a critical healthcare reimbursement program for Maryland National Guard members. AdvertisementMoore, an Army veteran, recently spoke with Business Insider about his first year in office and the road ahead. Wes Moore: We've shown that Maryland is doing big things and that Maryland is unafraid to lead. We were able to get the FBI building to the state of Maryland and also keep the Orioles in Baltimore for years to come. AdvertisementWM: Maryland is now the first state in the country that has a service-year option for all of our high school graduates.

Persons: —, Wes Moore, Black, Moore, who's, Joe Biden's, John L, Dorman, We've, Julia Nikhinson, Donald Trump's, Biden's, I'm, Donald Trump, Biden, we've, it's Organizations: Service, Business, Maryland National Guard, Democratic, Army, Gov, FBI, Orioles, AP, MLK, of Service Locations: Maryland, Baltimore, Iowa, West Point

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