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Economics

Politics
Trump Taps Former University Of Maryland Professor For Economic Policy Advisor Trump Taps Former University Of Maryland Professor For Economic Policy Advisor
Trump Taps Former University Of Maryland Professor For Economic Policy Advisor Incoming President Donald Trump announced key senior staff appointments to the White House National Economic Council, including a face familiar to some in Maryland. Andrew Lyon, a former University of Maryland economics professor with decades of experience in government and private sector roles, has been tapped by Trump to serve as Special Assistant to the President for Economic Policy. Lyon, who previously served under two Republican administrations, will focus primarily on tax policy in his new role, the Trump team announced this week. The seasoned economist has an impressive resume…

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by Zak Failla
Business
Maryland-Based Marriott Announces Plans To Lay Off Over 800 Employees Maryland-Based Marriott Announces Plans To Lay Off Over 800 Employees
Maryland-Based Marriott Announces Plans To Lay Off Over 800 Employees Global hotel chain Marriott International is planning to lay off hundreds of employees by the start of the new year. According to a Maryland Work Adjustment and Retraining Notification (WARN) filing, the company, based in Bethesda, listed 833 people slated to lose their jobs by Wednesday, Jan. 3. Despite the development, Chief Executive Officer Anthony Capuano said business is solid. "Our business momentum is excellent, and as a company that embraces change, we continue to evolve our business to support our global growth," Capuano said in a third-quarter earnings call late last month,…

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by Joe Lombardi