Baltimore Checkbook

Under Armour taps Amazon, VF Corp. executives for...

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Under Armour Inc. has appointed longtime executive Kip Fulks as chief product officer and hired two retail veterans for top-level roles. The Baltimore sportswear maker named Andy Donkin, head of worldwide mass and brand marketing at Amazon.com Inc., (NASDAQ: AMZN) as chief marketing officer. Donkin will begin the role Aug. 22. The company also hired Colin Browne as president of global sourcing. Browne was most recently a vice president and managing director at VF Corp. (NYSE: VFC). Browne will…

Bill Miller is leaving Legg Mason

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Bill Miller, the famed Legg Mason Inc. fund manager who beat the S&P 500 for 15 straight years, is leaving the Baltimore money manager after 35 years. The company said on Thursday that Miller has acquired all of Legg Mason’s(NYSE: LM) interests in LMM LLC, which provides investment management services to Legg Mason Opportunity Trust, Miller Income Opportunity Trust and related strategies. Legg said there will be no changes to the investment team or portfolio management responsibilities as a result…

Macy's is closing another 100 stores

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Another 100 struggling Macy’s stores are disappearing. Macy’s announced plans on Thursday to close about 15% of its department stores, the latest effort to adapt to shifting consumer preferences for online shopping. Macy’s did not disclose which stores…



from http://www.wbaltv.com/money/macys-is-closing-another-100-stores/41150530

In land swap, BDC gains 16 acres for possible...

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The Baltimore Development Corp. will pick up over 16 acres of land near Woodberry for a possible future transit-oriented development in a land-swap agreement with Baltimore Gas and Electric Co. As part of the deal, BGE will take over about six acres of land at 2000 W. Cold Spring Lane, located near Cold Spring Park. In return, the BDC will get 16 acres from BGE at 2107 W. Cold Spring Lane. The Board of Estimates approved the agreement Wednesday. The BDC, the city’s quasi-public economic development…

8 things you need to know this morning

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Good morning, hope you have a productive Thursday. Just as a friendly reminder, Otakon, the annual anime and Japanese pop culture convention, kicks off today in the city. So if you happen to see a bunch of people walking around with larger-than-life swords and shields — don’t be alarmed. This is the last year the convention will be held in Baltimore before it moves to D.C. Here are eight other things to know to get your day started. Details of the Department of Justice’s investigation into…

Fielder's good-bye present: $106 million through...

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Prince Fielder’s baseball career came to an early end Wednesday due to a neck injury that will prevent him from playing again. But he’s still going to collect more paychecks going forward than most ballplayers see in their careers – worth about $106…



from http://www.wbaltv.com/money/prince-fielders-goodbye-present-106-million-through-2020/41145116

Olympic gymnasts' gem-studded uniforms come with...

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The U.S. Olympic gymnastics team in Rio this year is sporting its flashiest – and priciest – uniforms ever.



from http://www.wbaltv.com/money/olympic-gymnasts-gemstudded-uniforms-come-with-dazzling-price-tag/41143200

Former NFL player arrested in alleged $10 million...

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The federal government has charged a former NFL player with allegedly defrauding investors out of more than $10 million.



from http://www.wbaltv.com/money/former-nfl-player-arrested-for-alleged-10-million-fraud/41141822

Cecil Co. wedding venue shuts down with no notice

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A wedding venue in Cecil County is causing quite a stir.



from http://www.wbaltv.com/news/cecil-county-wedding-venue-shuts-down-with-no-notice/41140618

Larry Hogan: Progress visible in Ellicott City,...

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The cleanup and recovery efforts in Ellicott City have made a huge difference over the past week, but Gov. Larry Hogan said there is still a “long way to go.” Hogan visited Main Street Wednesday, his second visit since the historic flooding July 30 ravaged the corridor, destroyed homes and businesses and washed away dozens of cars. “I was very encouraged today because in the past week, just an amazing job has been done…it looks like an entirely different place than last Sunday when I was here,"…