Baltimore Checkbook

U.S. demands $14 billion from Deutsche Bank

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The financial crisis is still haunting Deutsche Bank. The U.S. Justice Department wants the bank to pay $14 billion over allegations it packaged up toxic mortgages between 2005 and 2007. But Germany’s biggest lender says the huge sum demanded by the U….



from http://www.wbaltv.com/money/us-wants-deutsche-bank-to-pay-14-billion-over-toxic-mortgages/41691366

US formally recalls Samsung Galaxy Note 7

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Federal consumer safety regulators on Thursday formally recalled 1 million Galaxy Samsung Note 7 smartphones after dozens of users reported the device caught fire while charging.



from http://www.wbaltv.com/money/us-formally-recalls-samsung-galaxy-note-7/41683932

US regulators: Official recall of 1M Samsung Note...

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U.S. regulators are issuing an official recall of Samsung’s Galaxy Note 7 phone because of the risk that its batteries can explode or catch fire.



from http://www.wbaltv.com/money/us-regulators-official-recall-of-1m-samsung-note-7-phones/41683914

Donald Trump pledges 4% economic growth. How...

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Donald Trump wants to return the U.S. economy to the good old days of Bill Clinton.



from http://www.wbaltv.com/money/donald-trumps-pledges-4-economic-growth-how-realistic-is-that/41680352

12 key items in the $135.9M Port Covington...

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On Wednesday, the city’s spending panel approved a citywide community benefits agreement with Sagamore Development, inked in tandem with the developer’s successful quest for a $660 million tax increment financing package. The full agreement, made public this week, sets into motion $135.9 million to be spent in and on Baltimore by the company owned by Under Armour CEO Kevin Plank over the coming two decades. The Port Covington project, where the TIF funds will pay for a portion of the infrastructure,…

OpenTable says it's worth traveling to these two...

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The names are hardly new or surprising for local foodies. But OpenTable, the online reservation and review company, says Charleston and Linwoods, two of the Baltimore area’s most popular and upscale restaurants, are worth seeking out if you live out of town. OpenTable’s list of the top 100 best restaurants for foodies this week gave a nod to both restaurants. The list highlights the top restaurants across 35 states and Washington, D.C., that are worth the trip. OpenTable took more than 5 million…

Michael Bloomberg donates $300M to Johns Hopkins...

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Former New York mayor and businessman Michael Bloomberg is giving $300 million to the Johns Hopkins University Bloomberg School of Public Health to help fight drug addiction, obesity and gun violence. The gift is the latest in a long string of pledges Bloomberg has made to Hopkins, where he has now committed more than $1.5 billion in donations. Hopkins says Bloomberg is believed to be the first person ever to reach this level of giving to a single U.S. higher education institution. He graduated…

WeddingWire adding 200 jobs in Montgomery County

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The ever-expanding wedding marketplace company WeddingWire Inc. sees massive growth in its future – and it needs hundreds more employees and more office space to make it happen. Chevy-Chase based WeddingWire plans to add 200 jobs in Montgomery County, bringing its local workforce to 550 and its global workforce to about 1,000. It will also add 18,000 square feet to its existing 50,000 square feet of office space. The latest move takes the company even further from its humble beginnings nine years…

Hyundai recalls SUVs; software flaw may stop...

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Hyundai is recalling about 41,000 small SUVs in the U.S. because a software glitch can stop the vehicles from accelerating.



from http://www.wbaltv.com/money/hyundai-recalls-suvs-software-flaw-may-stop-acceleration/41680324

Heavy smoker John Boehner joins tobacco company's...

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No need to shed a tear over John Boehner’s departure from politics. He may never have to pay for another cigarette again.



from http://www.wbaltv.com/money/heavy-smoker-john-boehner-joins-tobacco-companys-board/41678098