Baltimore Checkbook

America's immigrant economy: more work, less pay

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Immigrants in America work more, search for jobs more and get paid way less than native-born U.S. citizens.



from http://www.wbaltv.com/money/americas-immigrant-economy-more-work-less-pay/41275218

Judge rejects $100 million settlement between Uber...

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A federal judge has rejected a proposed $100 million settlement between Uber and its drivers.



from http://www.wbaltv.com/money/judge-rejects-100-million-settlement-between-uber-and-drivers/41275984

New stock exchange promises it's not rigged

http://baltimorecheckbook.tumblr.com/post/149173283707/new-stock-exchange-promises-its-not-rigged#_=_

Brad Katsuyama’s business is about convincing investors that stock markets are rigged. And he just won a big vote of confidence.



from http://www.wbaltv.com/money/this-new-stock-exchange-promises-its-not-rigged/41275228

London's 24-hour Tube = $101 million economic...

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The start of 24-hour weekend service on London’s Tube is set to boost the capital city’s thriving nighttime economy.



from http://www.wbaltv.com/money/londons-24hour-tube-101-million-economic-boost/41275586

8 things you need to know this morning

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Good morning, hope you have a productive day to wrap up the work week. This morning is going to be beautiful, but don’t let that fool you — it’s still going to be hot. Today and Saturday will both be great days to get outside, but Sunday’s going to be stormy basically all day. The upside is, that’ll set up Monday and Tuesday to actually be reasonable weather-wise. Here are eight stories to get your Friday started. Baltimore city’s law department has terminated the contract of an independent,…

Meet the kid-focused hair salon that's expanding...

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Top-of-the-line barber shops and salons are making a comeback for adults, but a western United States business is looking to make getting a haircut an enjoyable experience for children as well. Cookie Cutters Haircuts for Kids is coming to the Greater Baltimore area with the first location scheduled to open Aug. 29 at 1510 York Road in Lutherville. Brothers Brett and Eric Gustafsson are franchising the location and are looking to open two other locations in the area within the next two years. The…

Eddie Bauer stores hit with credit card breach

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Eddie Bauer shoppers be warned: All of its North American stores were targeted by credit card thieves this year. The company said Thursday that it found and removed malware from registers at about 350 stores.



from http://www.wbaltv.com/money/eddie-bauer-stores-hit-with-credit-card-breach/41268528

T. Rowe Price sues Valeant Pharmaceuticals,...

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T. Rowe Price Group Inc. claims its shareholders suffered over $76 billion in market capitalization losses because of an alleged “fraudulent scheme” engaged in by Valeant Pharmaceuticals International Inc. and its top executives. In a lawsuit filed by T. Rowe (NASDAQ: TROW) earlier this week that became public Thursday, the Baltimore-based money manager claims Laval, Quebec-based Valeant used a secret pharmacy network, deceptive pricing and reimbursement practices, and fictitious accounting to shield…

Most Louisiana flood victims probably aren't...

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About 40,000 homes have been damaged by the devastating floods in Louisiana.



from http://www.wbaltv.com/money/most-louisiana-flood-victims-probably-arent-insured/41265236

Holly Poultry to build new processing plant, add...

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Holly Poultry is expanding in Baltimore with a construction of a new processing plant that will create 100 new jobs. The company contracted Merritt Construction, the construction arm of Merritt Properties LLC, to build a new 37,500-square-foot building at 2121 Wicomico St. The new building will allow Holly Poultry to separate its processing business from its wholesale commodity business. Holly Poultry declined to release the cost of the facility. Holly Poultry is a family-owned processor of poultry…