Baltimore Checkbook

Harte Hanks closing Baltimore County office, will...

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Global marketing and communications firm Harte Hanks is closing its offices in Baltimore County and will lay off 112 people. Scott Hamilton, a spokesman for Harte Hanks, confirmed the plant at 4545 Annapolis Road in Halethorpe was closing. Layoffs will start on Nov. 18 and will continue through the end of the year. In all, the plant is home to more than 160 employees, but about 50 of them will be able to start telecommuting for the company or will be moved to one of Harte Hanks’ other offices. The…

Everest Wealth Management faces off against state

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Philip Rousseaux and Everest Wealth Management continued their fight to keep the company alive Tuesday during a state-run hearing, claiming the state’s efforts are a “witch hunt” and “anarchy,” beginning what will likely be a weeklong administrative hearing at the Maryland Insurance Administration. Brandy Gray, an assistant attorney general representing the Maryland Insurance Administration, attempted to paint Rousseaux and Everest Wealth Management, the company behind the well-known “Money Guys"…

Google makes fun of Apple's missing headphone jack

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Google unveiled a new phone on Tuesday – and took a couple digs at chief rival Apple.



from http://www.wbaltv.com/money/google-makes-fun-of-apples-missing-headphone-jack/41950966

Orioles finish 2016 ranked 20th in MLB attendance

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Despite making the playoffs once again, the Orioles ranked just 20th among all Major League Baseball teams in total attendance in 2016, ranking behind American League East rivals Toronto, Boston and the New York Yankees. Overall, the Brewers drew 2,172,344 fans, or an average of 26,819 per game, according to Sports Business Journal research. The total was a 9.9 percent decrease from the 2015 season attendance of 2,320,590. The Orioles finished the season with an 89-73 record and will face the Toronto…

Lockheed Martin's interceptor missile products are...

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Lockheed Martin Corp. (NYSE: LMT) is generating a lot of buzz from potential international customers for its ballistic missile interceptor product line, an executive told reporters Monday at the Association of the United States Army’s annual exposition in Washington. Tim Cahill, vice president of Air and Missile Defense at Lockheed, first highlighted the Bethesda company’s Terminal High Altitude Area Defense (THAAD) system, which he said has garnered “a lot of interest worldwide particularly…

Evergreen Health Care is only one of six Obamacare...

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Evergreen Health Care is one of only six health cooperatives left in the U.S. from a high of 23 created under the Affordable Care Act. The majority of those co-ops have folded — the victims of an uncertain health care industry where costs are high and prices keep rising. Though Columbia-based Evergreen has managed to stave off a shutdown by selling to an unnamed investor group, its dramatic shift from a nonprofit to a private company highlights the turmoil surrounding the quest to provide universal…

170,000 gas stoves recalled because they could...

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Home appliance group BSH has recalled 170,000 gas stoves that could explode because of a faulty part.



from http://www.wbaltv.com/money/170000-gas-stoves-recalled-because-they-could-explode/41950018

Is Kmart closing? Sears says no

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How bad are things for troubled retailer Sears? Let me count the ways.



from http://www.wbaltv.com/money/is-kmart-closing-sears-says-no/41948302

Sofi's Crepes reopens in Fells Point

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Sofi’s Crepes has reopened in Fells Point under new ownership. The small eatery with crepe menu items with sweet and savory fillings like cinnamon sugar and “The Godfather” with mozzarella cheese, pepperoni, salami, spinach and roasted red peppers reopened Saturday morning. It had shuttered under previous ownership in early December. “We revamped the store, but it’s the same menu,” said Rebecca Jernigan, the new owner who had worked at the Sofi’s Crepes in Annapolis for six years. This is Jernigan's…

IMF slashes U.S. growth forecast for 2016

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Uh-oh. The International Monetary Fund says the U.S. economy is losing momentum.



from http://www.wbaltv.com/money/imf-slashes-us-growth-forecast-for-2016/41948126