State Roundup: Maryland adds 3,800 jobs in April as unemployment rate stable at 6.2%
Gov. Larry Hogan and wife Yumi participated with the president of the Republic of Korea Moon Jae-In, center, in the groundbreaking for a wall of remembrance at the Korean War Veterans Memorial in Washington on Friday. Governor s Office photo
STATE ADDS 3,800 JOBS; JOBLESS RATE STABLE: Maryland’s economy added 3,800 jobs in April and the state’s unemployment rate remained at 6.2%, according to preliminary data released by the U.S. Department of Labor’s Bureau of Labor Statistics on Friday morning, Bryan Renbaum reports for Maryland Reporter.
MARYLAND’S ONCE LAGGING VAXX RATES NOW UP: Maryland’s coronavirus vaccination rates, which lagged behind those in most states at the start, now ranks among the nation’s best, Alex Mann of the Sun reports.
Hedge fund Alden Global Capital, known for making deep newsroom cuts, won approval to acquire Tribune Publishing, which includes the Chicago Tribune, The Baltimore Sun and New York Daily News.
Tribune Publishing shareholders voted Friday to approve hedge fund Alden Global Capital’s $633 million purchase of the Chicago-based newspaper chain that owns The Baltimore Sun.
Tribune shareholders vote to sell legendary chain of newspapers to a hedge fund washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
Baltimore Sun reporter Jean Marbella participates in a Save Our Sun rally in March, part of an effort to secure an alternative buyer to Alden Global Capital. Credit: AFP via Getty Images Vulture Fund Alden Global, Known For Slashing Newsrooms, Buys Tribune Papers By
at 8:53 am NPR
The New York-based hedge fund Alden Global Capital â known for slashing its newspapers budgets to extract escalated profits â won shareholder approval Friday for its $633 million bid to acquire the Tribune Publishing newspaper chain.
The purchase represents the culmination of Alden s years-long drive to take over the company and its storied titles â including the Chicago Tribune, The Baltimore Sun, New York Daily News and major metro papers from Hartford, Conn., to Fort Lauderdale, Fla.