Baltimore Checkbook

T-Mobile fined $48M over slowing 'unlimited' data...

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T-Mobile will pay $48 million for not clearly telling customers how “unlimited” data plans weren’t really, well, unlimited.



from http://www.wbaltv.com/money/tmobile-fined-48m-over-slowing-unlimited-data-plans/42165688

Leonardo DiCaprio cooperating with DOJ in Malaysia...

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Leonardo DiCaprio says he’s working with authorities to return any funds or donations to his charity that may have ties to a multibillion-dollar Malaysian embezzlement case.



from http://www.wbaltv.com/money/leonardo-dicaprio-supportive-of-efforts-to-return-possible-1mdb-funds/42156310

China will get a new Starbucks every day for 5...

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Starbucks CEO Howard Schultz is unfazed by China’s slowing economy. Even with China growing at its slowest pace in 25 years, Starbucks is planning to open more than one new store a day for the next five years in the world’s second largest economy. “I …



from http://www.wbaltv.com/money/china-will-get-a-new-starbucks-every-day-for-5-years/42163918

Stream thousands of free movies, TV shows with new...

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Wal-Mart’s upping its game with streaming video, offering free, on-demand movies and TV shows with Vudu Movies on Us.

The new subscription-free streaming service launched Tuesday offering thousands of premium movies and TV show airing with limited commercials and streaming in 1080p.

A few premium…

Moody's downgrades Gaithersburg-based Adventist...

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Credit rating agency Moody’s Investors Service downgraded Adventist HealthCare Inc. this week, pointing to the $270 million in debt the Gaithersburg-based health system is taking on to pay for its relocation of Washington Adventist Hospital to White Oak. Adventist, the nonprofit that runs Washington Adventist and Shady Grove Adventist Hospitals, saw its bond credit rating drop to Baa3 from Baa2. Moody’s analysts said the planned hospital campus move from Takoma Park"added significant leverage to…

8 things you need to know this morning (Video)

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Good morning, and happy Wednesday. It’s going to be another hot one today — temperatures will break 80 again this afternoon. Thursday and Friday are going to cool down, though, which will set up a very fall-like weekend. Here are eight things to know to get your day started. The third and final presidential debate is tonight at 9 p.m., airing on all the major television networks. Fox News host Chris Wallace will moderate and will be in charge of asking all the questions. Here’s five things…

Local cyber startup gears up for...

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Cybersecurity company Efflux Analytics plans to bring its product to market in November, after winning $10,000 in a state pitch competition earlier this month. Two-year-old Efflux is located at the bwtech@UMBC cyber incubator in Baltimore County. Its technology automatically tracks and analyzes threats hiding in a company’s networks. What started out as a team of two co-founders has grown to an eight-member company made up of former active duty military and former government employees, said Adam…

Six Md. companies selected to present at...

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Six Maryland startups have been selected to present at the Mid-Atlantic Venture Association’s spring startup showcase. Twenty startups from the mid-Atlantic were selected for the chance to demo and pitch their companies to an audience of hundreds of business leaders, entrepreneurs, potential acquirers and active investors, during a TechBUZZ event Nov. 2 at the National Geographic Grosvenor Auditorium in Washington, D.C. Maryland startups selected include three software companies: Breezio, ShipLynk,…

Wells Fargo's ex-CEO quits Target, Chevron boards

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Wells Fargo’s embattled former CEO John Stumpf stepped down on Tuesday from the boards of two corporate giants: Target and Chevron. The moves come just one week after Stumpf resigned suddenly as CEO amid an outcry over the scandal at his bank. There w…



from http://www.wbaltv.com/money/wells-fargos-exceo-quits-target-chevron-boards/42159920

​How retailers can respond to minimum wage and...

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Retailers already facing minimum wage increases across the country are now also facing new federal overtime rules that may further affect their labor costs. As if cultural shifts in consumer preferences and buying habits are not enough to deal with on the top line, the new labor policies pose additional challenges on the bottom line. Currently, salaried workers who make $23,660 or less are eligible for time-and-a-half overtime pay if they exceed 40 hours a week. Starting Dec. 1, 2016, the salary…