Baltimore Checkbook

D.C. People's Counsel appeals Pepco-Exelon merger

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The District’s Office of the People’s Counsel is taking its opposition to the $7.1 billion merger of Pepco Holdings Inc. and the Chicago-based Exelon Corp. (NYSE: EXC) to court. The D.C. Public Service Commission, which on March 23 approved the merger and about $78 million in various incentives after a contentious months-long back-and-forth between supporters and opponents, had previously rejected a People’s Counsel request to reconsider its decision. In a strongly worded statement issued Friday,…

Ruby Tuesday to close dozens of restaurants

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Restaurant chain Ruby Tuesday on Thursday announced plans to close 95 underperforming restaurants, or about 15 percent of its total, by September.



from http://www.wbaltv.com/money/ruby-tuesday-to-close-dozens-of-restaurants/41175154

New IHOP opens in Owings Mills

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Breakfast for dinner anyone? The International House of Pancakes, better known as IHOP, opened its newly constructed location in Owings Mills this week.



from http://www.wbaltv.com/news/breakfast-for-dinner-anyone-new-ihop-opens-in-owings-mills/41173522

The Clintons make most their money from paid...

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Bill Clinton and Hillary Clinton get paid a lot of money to talk.



from http://www.wbaltv.com/money/about-60-of-clinton-income-comes-from-speeches/41173718

Trump or Clinton will be highest-paid world leader

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Hillary Clinton and Donald Trump can look forward to a presidential salary of $400,000 if they win in November.



from http://www.wbaltv.com/money/trump-or-clinton-will-be-highest-paid-world-leader/41153210

City Cafe owners to purchase Tark's Grill in...

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The owners of Mount Vernon’s City Cafe have agreed to purchase Tark’s Grill at Green Spring Station in Lutherville. The new ownership will become effective Oct. 1. Gino Cardinale and Bruce Bodie, who own City Cafe, said a name change is not planned for the restaurant, but they are going to look at interior renovations sometime next year. All Tark’s staff will be kept on board and the owners said all Tark’s gift cards will still be honored. City Cafe executive chef James Jennings is partnering with…

New legal challenge to Brexit from Northern...

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A new legal challenge to Brexit has been launched in a bid to stop or slow the U.K.’s plans to leave the European Union.



from http://www.wbaltv.com/money/new-legal-challenge-to-brexit-from-northern-ireland/41170842

Maryland Live Casino awards more than $18M in...

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Maryland Live Casino and Anne Arundel County awarded more than $18.6 million in local impact grants to various local organizations for fiscal year 2017, up more than $2 million from fiscal year 2016. Working with the Local Development Council, which helps manage the allocation of county gaming tax revenue, the organizations granted the funds Thursday. Community-based organizations and nonprofit groups located within three miles of Maryland Live casino were eligible to apply for the grants. The…

Photos from the start of Otakon as it kicks off...

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Walking into the Baltimore Convention Center Friday morning, Ricky Douglas carried a bow in his right hand and had arrows draped over his shoulder. Douglas was no threat to anyone, despite the mask that covered his face. He came dressed as DC Comics character Green Arrow to celebrate the beginning of the Otakon convention in its final year in Baltimore. Otakon has brought nearly 30,000 people to Baltimore each year since 1999 to celebrate Japanese and Asian anime, comics, movies, fashion and more.…

Business owner says he will move 150-person office...

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One Baltimore business owner says he will have to move his 150-person office out of the city if a hotly debated bill to raise the minimum wage to $15 per hour is approved. CMD Outsourcing Solutions Inc.’s customer service call center, which serves higher education institutions nationwide, has been in Baltimore City for 17 years. The company’s current office is along East Pratt Street near the Inner Harbor. But as the City Council gets ready to vote Monday on a bill to raise the minimum wage by 2022,…