Baltimore Checkbook

Mylan CEO faces Congress to answer for EpiPen...

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The CEO of Mylan, which drastically raised the price of its lifesaving EpiPen, is in for a rough day.



from http://www.wbaltv.com/money/mylan-ceo-faces-congress-to-answer-for-epipen-price-hikes/41748392

Open Works makerspace will 'create jobs' and hope,...

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Del. Maggie McIntosh used to drive down Greenmount Avenue daily on her way to work in Fells Point, but it has been years since she made the trip. Now as she drives past and sees the development and and revitalization along the corridor, it brings tears to her eyes. The activity and vibrancy in the area signals growing new opportunities for the Baltimore its businesses, she says. The newest addition to Greenmount West is Baltimore Arts Realty Corp.’s $11.5 million Open Works. The makerspace officially…

Coupon: $10 off at BJ's Restaurant and Brewhouse

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Save $10 at BJ’s Restaurant and Brewhouse.

Use a coupon to save with any $35 purchase. Print the offer or show it on your smartphone. The offer is not valid on purchase of alcohol.

The chain features 120 menu items and craft beers, including burgers, deep-dish pizzas, pasta dishes, soups and salads.

Israeli tech company opens U.S. headquarters in...

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Nayax LLC, an Israeli technology company that specializes in providing credit card payment systems for vending machines, has opened a new U.S. headquarters in Hunt Valley. The company made the move after acquiring Sparks-based InOne, a company that retrofits older vending machines with credit card payment systems. The Tel Aviv-based company currently has more than 15 employees now at its U.S. headquarters, located in Hunt Valley’s Executive Plaza. The Business Journal reported in March it was moving…

Microsoft wants to 'solve cancer' with computer...

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Could coders solve cancer in the same way they tackle computer science problems? Microsoft is hoping the answer is yes.



from http://www.wbaltv.com/money/how-microsoft-wants-to-solve-cancer-using-computer-science/41746582

Revel in Atlantic City rebrands under new name

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It’s out with the old and in with the new for the beleaguered Revel casino property in Atlantic City, which has been rebranded under a new moniker. Revel, the $2.4 billion casino property in Atlantic City owned by Florida developer Glenn Straub, will now be known as “Ten.” “Ten joined with our infinity logo represents our mission to provide the highest-rated amenities and our daily endeavor to offer an infinitely perfect escape for our guests, families and businesses,” CEO Robert A. Landino…

Trump vs. Clinton isn't giving Sinclair Broadcast...

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The contentious presidential race between Donald Trump and Hillary Clinton hasn’t translated into big dollars for at least one Baltimore-area company. Sinclair Broadcast Group Inc. CEO David Smith last month said the company was confident it would continue to see “robust” political advertising, but now it is feeling the effects of the unpredictability of this year’s presidential election. The Hunt Valley-based television broadcaster expected to see a surge of political spending as Clinton and Trump…

Marriott, Starwood prepare to close on merger...

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The largest hospitality merger to date is poised to close Friday, after the Chinese Ministry of Commerce approved the deal between Marriott International Inc. and Starwood Hotels & Resorts Worldwide Inc. Bethesda-based Marriott (NASDAQ: MAR) announced that it had received the Chinese regulator’s nod Tuesday, after the ministry said it needed more time to complete its review of the merger earlier this summer. The third phase of the Chinese review, which began Aug. 8, was expected to last up to…

Maryland adds 700 jobs in August, unemployment...

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Maryland gained 700 jobs in August, keeping the unemployment rate steady at 4.3 percent for the third straight month. The state’s labor force was boosted by the addition of 6,000 government jobs and 2,200 trade, transportation and utility positions, according to preliminary data released Tuesday by the U.S. Department of Labor’s Bureau of Labor Statistics. Leisure and hospitality jobs increased by 1,900 compared with July. Professional and business services jobs, meanwhile, declined by 4,900.…

Ciena-anchored office park in Hanover sells to...

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A three-building office park home to Ciena Corp.’s corporate headquarters has sold to a Boston real estate firm for $57.4 million. Tritower Financial Group recently purchased the 265,000-square-foot development, known as Station Ridge. The seller was investment bank Goldman Sachs Group Inc., according to CoStar Group Inc. The three buildings, 7031, 7035 and 7037 Ridge Road in Hanover, are mainly occupied by Ciena (NYSE: CIEN), which leases more than half of the office space through an agreement…