Baltimore Checkbook

Craft beer made this home brewer a billionaire

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Ken Grossman is living the dream. He turned his home brewing hobby into an international business, making a fortune along the way. Since bottling its first Pale Ale in 1980, Grossman’s Sierra Nevada Brewing Company has grown into the third largest cr…



from http://www.wbaltv.com/money/craft-beer-made-this-home-brewer-a-billionaire/41150408

Sorry Trump, 5% unemployment is not a 'hoax'

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Give Donald Trump credit for being consistent. A year ago he called America’s 5% unemployment rate a “joke.” Now he calls it a “hoax.” “The 5% figure is one of the biggest hoaxes in American modern politics,” Trump proclaimed Monday in a big speech on…



from http://www.wbaltv.com/money/sorry-trump-5-unemployment-is-not-a-hoax/41153526

Nearly 44,000 retail workers have been laid off in...

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These are tough times for people working at department stores and other big mall-based retailers.



from http://www.wbaltv.com/money/nearly-44000-retail-workers-have-been-laid-off-in-2016/41153488

Venezuela food crisis deepens as shipments plummet

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You name it, Venezuela is short of it: Meat, fish, fruits, sugar and bread. The government just doesn’t have enough money to pay for them. It’s created a staggering humanitarian crisis in Venezuela, where citizens don’t have enough food to eat. Looti…



from http://www.wbaltv.com/money/venezuela-food-crisis-deepens-as-shipments-plummet/41153358

Google Ventures founder latest executive to depart...

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At Alphabet, the “e” may stand for executive exodus. Bill Maris, the head of Google Ventures, is leaving the venture capital arm he founded, making him at least the third prominent executive to depart Alphabet in recent months. Maris confirmed his dep…



from http://www.wbaltv.com/money/google-ventures-founder-latest-executive-to-depart-alphabet/41152846

Russia's economy has been in recession for 18...

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Russia has just marked 18 months of a deep and painful recession. The country’s economy was 0.6% smaller in the second quarter of 2016 than the same period last year, according to official data published on Thursday. But there is a glimmer of hope for…



from http://www.wbaltv.com/money/russias-economy-has-been-in-recession-for-18-months/41152120

Egypt gets $12 billion bailout

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The International Monetary Fund has thrown Egypt a $12 billion lifeline. Egypt desperately needs it. The economy has slumped since the Arab Spring in 2011. Political unrest and a series of currency devaluations have scared off foreign investors. To mak…



from http://www.wbaltv.com/money/egypt-gets-12-billion-bailout/41150838

Pratt Library names acting CEO

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The Enoch Pratt Free Library has named Gordon E. Krabbe, the library’s director of administrative services, as interim CEO as it searches for a permanent leader. Krabbe is taking over for Carla Hayden, who was confirmed by the U.S. Senate as Librarian of Congress in early July. Hayden was CEO for 23 years. Pratt Library’s board of trustees and directors continue to search for a permanent replacement for Hayden. A spokesman for the library system said there is currently no timeline as to when a…

Macy's to close 100 stores

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Department store giant Macy’s Inc. said Thursday that it’s closing 100 stores in an effort to overhaul its retail strategy. Macy’s (NYSE: M) will close a majority of those stores in early 2017, according to a news release. The locations of which stores will be closed will be announced at a later date. Macy’s said that the impacted stores’ real estate was more valuable to the company than the locations were as retail stores. The company did not say how many employees would be affected…

$1 filet mignon sandwiches at Morton's The...

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Where’s the beef? Find it at Morton’s on Friday, Aug. 12.

Gobble up $1 petite filet mignon sandwiches in the bar from 5:30 until 10 p.m. for National Filet Mignon Day, celebrated Saturday.

No coupon is necessary for this national promotion, good while supplies last. The limit is 12 sandwiches per…