Eastern Shore of Maryland

Sodexo’s InReach Acquires K&R Vending Services

Retrieved on: 
Tuesday, January 9, 2024

Sodexo’s InReach, the global foodservice leader’s multimarket convenience solution, announces the acquisition of K&R Vending Services headquartered in New Castle, Del.

Key Points: 
  • Sodexo’s InReach, the global foodservice leader’s multimarket convenience solution, announces the acquisition of K&R Vending Services headquartered in New Castle, Del.
  • “The InReach team is excited to welcome the K&R team to the family,” said InReach President, Ken Sullivan.
  • “This is an exciting step forward for both K&R Vending Services and InReach,” said K&R President, Bradlee Whitson.
  • InReach offerings include micro markets, vending, office coffee, pantry, water, catering, fresh food, and on-site food service.

Charles L. Welch, President of the Arkansas State University System, Named New AASCU President and CEO

Retrieved on: 
Wednesday, November 15, 2023

WASHINGTON, Nov. 14, 2023 /PRNewswire-PRWeb/ -- The American Association of State Colleges and Universities (AASCU), announced Charles L. Welch as its new president and CEO, effective January 15, 2024. Welch succeeds Mildred García who led the association for more than five years before becoming chancellor of the California State University in October.

Key Points: 
  • The American Association of State Colleges and Universities (AASCU), announced Charles L. Welch as its new president and CEO, effective January 15, 2024.
  • Welch succeeds Mildred García who led the association for more than five years before becoming chancellor of the California State University in October.
  • WASHINGTON, Nov. 14, 2023 /PRNewswire-PRWeb/ -- The American Association of State Colleges and Universities (AASCU), announced Charles L. Welch as its new president and CEO, effective January 15, 2024.
  • "It's an honor to join AASCU at a time when regional comprehensive universities are poised to make a critical impact.

Bright MLS August Housing Report: Home Prices Up Strongly in the Mid-Atlantic Despite record high mortgage rates, low inventory continues to drive prices higher

Retrieved on: 
Tuesday, September 12, 2023

A lack of supply—and not high mortgage rates—continues to be the biggest constraint in the market.

Key Points: 
  • A lack of supply—and not high mortgage rates—continues to be the biggest constraint in the market.
  • "However, affordability is becoming a bigger challenge, with mortgage rates above 7%, and will push more buyers out of the market."
  • Low inventory continues to drive price growth and there is no expectation of significant supply increases this year.
  • Supply will still be an obstacle to a balanced housing market, and home prices should remain stable in the region this year.

NASA Federal Credit Union Awards Scholarships to Student Members

Retrieved on: 
Monday, May 22, 2023

UPPER MARLBORO, Md., May 22, 2023 /PRNewswire/ -- At the conclusion of its 2023 Mitchell-Beall-Rosen Memorial Scholarship Contest, NASA Federal Credit Union awarded scholarships—ranging from $1,000 to the top prize of $10,000—to seven high school seniors.

Key Points: 
  • UPPER MARLBORO, Md., May 22, 2023 /PRNewswire/ -- At the conclusion of its 2023 Mitchell-Beall-Rosen Memorial Scholarship Contest, NASA Federal Credit Union awarded scholarships—ranging from $1,000 to the top prize of $10,000—to seven high school seniors.
  • The annual program rewards the writing talents of young Credit Union members who are working toward four-year or two-year undergraduate degrees or vocational studies.
  • "I am always impressed by the accomplishments of our scholarship winners, and these seven young members are no exception," said Dr. Alotta Taylor, Chairperson of NASA Federal's Scholarship Committee.
  • "Our future is in good hands with them, and NASA Federal Credit Union is proud to contribute to their success through the Mitchell-Beall-Rosen Memorial Scholarship."

Bright MLS April Housing Report: Not a Typical Spring Market in Mid-Atlantic, High Rates and Prices Subdue Market Activity in Most Regions

Retrieved on: 
Wednesday, May 10, 2023

Bright MLS April Housing Report: Not a Typical Spring Market in Mid-Atlantic, High Rates and Prices Subdue Market Activity in Most Regions

Key Points: 
  • Bright MLS April Housing Report: Not a Typical Spring Market in Mid-Atlantic, High Rates and Prices Subdue Market Activity in Most Regions
    Pending home sales increased between March and April, but the month-to-month bump was lower than a typical spring market, when home listing and buying activity is usually more energized.
  • While higher mortgage rates have eroded buyers' purchasing power, it's a mixed picture for home prices across the region.
  • Prices fell in the Washington, D.C., metro area market, though in other markets across the Mid-Atlantic region, prices are still rising or have stabilized.
  • "The Mid-Atlantic housing market has not warmed up like it would have during a more typical spring," said Bright MLS Chief Economist Dr. Lisa Sturtevant.

TEDCO and Senators Cardin and Van Hollen Announce Funding for Innovative Maryland Program

Retrieved on: 
Wednesday, January 11, 2023

COLUMBIA, Md., Jan. 11, 2023 /PRNewswire/ -- TEDCO, Maryland's economic engine for technology companies, announced today that its Open Institute for Black Women Entrepreneur Excellence program was selected by the U.S. Senate Appropriations Committee for Fiscal Year 2023 Congressionally Directed Spending funding at a level of $418,000 – a direct federal funding request sponsored by U.S. Senators Ben Cardin and Chris Van Hollen (D-Md.). The funding for TEDCO's 10-month leadership development program was included in the FY23 Omnibus Spending bill recently passed by Congress and signed into law by President Biden.

Key Points: 
  • Senators Ben Cardin and Chris Van Hollen (D-Md.).
  • TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland.
  • "We are deeply appreciative of the efforts of Senators Van Hollen and Cardin, the Maryland congressional delegation members, and Congress for supporting and funding the Open Institute for Black Women Entrepreneur Excellence in this year's FY23 Omnibus Spending package," said Troy LeMaile-Stovall .
  • "This funding supports local entrepreneurs in building critical skills, expanding their networks, and successfully growing their businesses—and the Maryland economy."

Dr. Eddie Glaude Jr. Headlines HBCU Legacy Event for Outstanding Achievement

Retrieved on: 
Wednesday, October 12, 2022

BALTIMORE, October 12, 2022 /PRNewswire-PRWeb/ -- The University of Maryland Eastern Shore (UMES) Alumnus and key constituents from the Hawks for Football, Inc. (HFF) have announced a conference built to inspire and strengthen our community and alumni networks. HFF has organized and birthed the Inaugural HBCU Educational and Alumni Award Conference: "Our Legacy is Our Future."

Key Points: 
  • We will recognize excellence, educate ourselves, and work to deliver a premier HBCU experience today and well into the future.
  • HFF has organized and birthed the Inaugural HBCU Educational and Alumni Award Conference: "Our Legacy is Our Future."
  • We will recognize excellence, educate ourselves, and work to deliver a premier HBCU experience today and well into the future.
  • Tickets can be purchased for the HBCU legacy event online.

SAS Championship partners with HBCUs for inaugural invitational

Retrieved on: 
Monday, October 10, 2022

CARY, N.C., Oct. 10, 2022 /PRNewswire/ -- Sixteen golf teams from leading Historically Black Colleges and Universities (HBCU) will compete in the inaugural HBCU Invitational Oct. 14-16. The first-of-its-kind tournament will take place alongside the 22nd annual SAS Championship, one of the premier tournaments on the PGA Tour Champions.

Key Points: 
  • The first-of-its-kind tournament will take place alongside the 22nd annual SAS Championship , one of the premier tournaments on the PGA Tour Champions.
  • The SAS Championship HBCU Invitational includes tournament play, Career Day and Champions Dinner with PGA Tour legends.
  • Men and women from each school will break up into 16 teams in search of claiming their very own SAS Championship trophy.
  • The student-athletes will also join PGA Tour legends for an exclusive dinner at the annual SAS Championship "Champions Cookout."

Independent Survey of College Mental Health Services Shows Universally High Satisfaction Among Students

Retrieved on: 
Tuesday, September 27, 2022

LEXINGTON, Mass., Sept. 27, 2022 /PRNewswire/ -- A new survey of over 3,500 students conducted by the University of Maryland School of Public Health (UMDSPH) found that nearly 90 percent of those who receive services provided by Christie Campus Health are satisfied with their overall benefit, 84 percent believe the services help them feel better about their problems, and nearly 80 percent said the services helped them remain in school.

Key Points: 
  • The survey showed that nearly 80 percent of students who engaged with the Christie programs reported the services helped them remain enrolled in school.
  • The Christie Campus Health mindfulness program, offered through our partnership with Headspace, has high adoption rates and 96 percent student satisfaction.
  • The services appeal to students who may be reluctant to access the college counseling services due to concerns about stigma or who are seeking additional counselor diversity.
  • Research from the Healthy Minds Network supports that having immediate access to mental health services regardless of the time of day or a student's location improves the academic performance and retention of students in need of these services.

TEDCO's FY23 Board of Directors Features Diverse, Experienced Leaders

Retrieved on: 
Tuesday, September 20, 2022

COLUMBIA, Md., Sept. 20, 2022 /PRNewswire/ -- TEDCO, Maryland's economic engine for technology companies, held its annual election for the board of directors' executive officers, reaffirming a second term for Chair Omar Muhammad of Morgan State University (MSU).

Key Points: 
  • "I am gratified to continue to lead the board of directors following an incredibly productive year.
  • Our board has been laser focused on TEDCO's mission of enhancing economic empowerment by fostering an inclusive and entrepreneurial innovation ecosystem, and that will continue in my second term," said Omar Muhammad, chair of the board.
  • "We thank last year's executive officers for their service and welcome the new officers, including our board chair.
  • TEDCO , the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem.