Baltimore Checkbook

Silicon Valley wrestles with what to do about...

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Elite startup accelerator Y Combinator doesn’t plan on purging billionaire Peter Thiel from its roster of part-time partners.



from http://www.wbaltv.com/money/peter-thiels-trump-donation-causes-waves-in-silicon-valley/42139342

NFL teams mock league's new social media policy

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Looks like some NFL teams are openly mocking the league’s new social media policy on Twitter.



from http://www.wbaltv.com/money/nfl-teams-mock-leagues-new-social-media-policy/42142940

Johns Hopkins engineering school receives $15M...

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The Clark Charitable Foundation gifted Johns Hopkins University $15 million to provide financial aid and create a new academic program for undergraduate engineering students. The gift honors the late A. James Clark, a former trustee of the university and of Johns Hopkins Medicine and former CEO of Clark Enterprises and Clark Construction Group LLC, one of the country’s largest privately held general building contractors. It is the largest endowed scholarship gift ever given to the university’s…

Frank Miller's next comic book character: Donald...

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Frank Miller would love to get his hands on a new comic creation: Donald Trump.



from http://www.wbaltv.com/money/frank-millers-next-comic-book-character-donald-trump/42141688

Under Armour inks baseball-related deal with...

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In what would mark a significant shakeup in MLB’s licensing business, Fanatics and Under Armour (NYSE: UA) have completed a deal that will see them team to produce UA-branded on-field jerseys starting with the 2020 season. The deal would mean the end of MLB’s longtime licensing relationship with both Nike (NYSE: NKE) and Majestic Athletic. Starting in the spring of 2020, all jerseys would feature UA branding, while Fanatics will gain broad apparel rights across MLB, with an exception being headwear…

Top Fed official 'very concerned' about U.S....

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The Federal Reserve’s No. 2 just raised a warning flag for the U.S. economy.



from http://www.wbaltv.com/money/top-fed-official-very-concerned-about-us-economy/42141156

No end in sight for Hogan, General Assembly...

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Gov. Larry Hogan and Maryland’s legislative leaders remain locked in a stalemate over a $20 million grant promised to Northrop Grumman Corp., with no signs of the deal moving forward anytime soon. House Speaker Michael E. Busch has not scheduled a legislative policy committee vote on the conditional loan from the state’s Sunny Day Fund. A vote is the final step needed to finalize the grant. The money was negotiated to ensure that the aerospace giant’s consolidated Mission Systems Division stays…

Baltimore's bad reputation still a drain on city,...

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Anirban Basu sounds a bit jealous of Fayetteville, Arkansas — population 8,000. The town makes a number of lists of the best places to live. He says Baltimore, unfortunately, ranks high in murder. “People think Fayetteville, Ark., is nicer than Baltimore,” he said, adding he doubted anyone in the audience was dying to visit the town. Basu, CEO of Sage Policy Group Inc., offered this frank view of the city’s bad reputation during a speech at the Greater Baltimore Committee Economic Outlook Conference…

Supervalu to sell Save-A-Lot for $1.4 billion

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Supervalu Inc. said it has agreed to sell Save-A-Lot, one of its grocery chains, to an affiliate of Onex Corp. for $1.4 billion in cash. Save-A-Lot has 15 stores in Greater Baltimore. Sources told Reuters last month that Canadian private equity firm Onex Corp. had made the best offer in an auction for Save-A-Lot, a discount grocery retailer that, as of mid-June, owns and operates 472 corporate stores and supplies another 896 licensee-owned stores nationwide. Minneapolis-based Supervalu (NYSE:…

Maryland, U.S. high school graduation rates...

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America’s high school graduation rate has reached a record high of 83.2 percent and the rate in Maryland is even higher, at 87 percent, federal education officials said Monday. The national graduation rate has risen by about four percentage points from the 2010-2011 to the 2014-2015 school year. And almost every state has seen progress since that time. Washington, D.C., has had the highest increase of about seven percentage points to 68.5 percent. Iowa leads the country with a rate of about 90…