Baltimore Checkbook

Johns Hopkins University sued over employee...

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A St. Louis law firm filed a class action lawsuit against Johns Hopkins University on Thursday alleging the school failed in its duties as a retirement plan sponsor for its employees. The complaint was filed by Schlichter, Bogard & Denton Thursday in the U.S. District Court in the District of Maryland. It alleges that the university breached its duties of loyalty and prudence under the Employee Retirement Income Security Act (ERISA). Eight Johns Hopkins employees are listed as plaintiffs in the…

Cecil County's Winery at Elk Manor closes suddenly...

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Ryan Burton and his fiancee, Eva Steinhorn, had a month to go until their special day Sept. 9 at the Winery at Elk Manor in North East, right on the boarder of Maryland and Delaware. Then, their walk through was canceled on Tuesday. Not getting any response, the couple started to worry before they finally received an email. The Winery at Elk Manor ceased operations as of Aug. 9. That meant no events, and, in particular, no weddings. “About a week or two ago they stopped responding to things, then…

Smoothie King looking at big Maryland expansion,...

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Local restaurant franchisee Tisha Skinner is opening a Smoothie King in Baltimore/Washington International Thurgood Marshall Airport this fall, the start of big plans the company has for Maryland. On Oct. 1, Skinner will open Smoothie King in Concourse D, which is home to six airlines, including Delta, Spirit Airlines and United Airlines. The location will be Skinner’s second Smoothie King in Maryland, joining her current space in Columbia. The airport location is the just the start of an aggressive…

Facebook adjusts news feed again -- this time to...

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After a trip to Facebook, do you feel better informed? Or you do you leave wondering how you just lost 10 minutes of your life not learning anything new?



from http://www.wbaltv.com/money/facebook-adjusts-news-feed-again-this-time-to-be-more-informative/41157072

Donald Trump adds 8 women to economic team

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After critics blasted Donald Trump last week for unveiling a roster of 13 economic advisers without any women, the Republican nominee has added nine new members – eight of which are female.



from http://www.wbaltv.com/money/donald-trump-adds-8-women-to-economic-team/41156146

Macy's & Co.: Who else is closing stores

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This week it’s Macy’s, which says it will close about 15% of its stores in early 2017.



from http://www.wbaltv.com/money/macys-co-who-else-is-closing-stores/41156332

Hillary Clinton slams 'Trump loophole'

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In contrasting her economic vision with Donald Trump’s on Thursday, Hillary Clinton slammed what she termed the “Trump Loophole.”



from http://www.wbaltv.com/money/hillary-clinton-slams-trump-loophole/41156064

United Way Fund raises $205,000 for Ellicott City...

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The United Way Fund of Central Maryland has now raised $205,000 to bring relief to the victims of the flooding in Ellicott City last month. The organization has received contributions from 1,040 donors including the Ravens Foundation, First National Bank, BB&T, the Transamerica Foundation. The fund was started on Aug. 1 and raised $45,000 its first day to assist those affected. The United Way Fund will team Howard County officials to determine how the money will be distributed.

Bill Miller: Departure from Legg Mason 'final step...

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Bill Miller’s exit from Legg Mason Inc. after 35 years came as a surprise to the finance world Thursday, but it has been in the works for years. The legendary stock picker said his acquisition of Legg Mason’s interests in LMM LLC, an investment advisory company he co-founded in 1999. On the company’s website, Miller said it was the “final step in a long process.” Legg Mason (NYSE: LM) announced Miller, 66, will acquire all of its interests in LMM LLC. Prior to the transaction, Miller owned about…

Why some docs think Michael Phelps’s therapy is...

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With his back and shoulders sporting deep purple dots, Michael Phelps thrust an ancient Chinese medicine practice into the mainstream during the opening week of the Rio games. But in Portland, Ore., a hub for naturopathic medicine, “cupping” is common practice. Dr. Loch Chandler, a naturopath with Providence Integrative Medicine, does cupping on patients five-to-10 times a week to help reduce pain, improve muscle function and enhance recovery from soft tissue injuries. “The majority of my…