Baltimore Checkbook

Maryland Live! sues MGM, former employees over...

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The ownership group behind Maryland Live! casino in Anne Arundel County alleges that former employees “misappropriated” lists of the facility’s most coveted gamblers as they went to work for a subsidiary of competitor MGM Resorts International. A lawsuit filed last week in U.S. District Court in Baltimore, first reported by the Daily Record, claims three former Maryland Live! casino hosts took the “unlawfully retained trade secrets to go to work for a subsidiary of MGM — the Plaintiff’s…

A pop-up kitchen is the latest addition to the R....

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The 10 permanent culinary tenants at the R. House food and drink hall are going to have a little added competition, as the planners said Tuesday a new rotating pop-up kitchen will be joining the development. The permanent stall will hold rotating chefs who can test out a new concept for between one week and two months. The space is equipped with everything the chef would need — from a gas range and oven, to fryers and a refrigerator. The chefs will be able to design a menu of three to six items…

Why Verizon wants to buy Yahoo

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Verizon doesn’t want to just sell phones and wireless service – it also wants to become a formidable media company.



from http://www.wbaltv.com/money/why-verizon-wants-to-buy-yahoo/40888570

Shopping for a home? Baltimore is red hot, new...

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A new report out Tuesday showed that the Baltimore area is a hotbed of activity for potential homebuyers. Redfin, a real estate data group, released its Demand Index that focuses on home-buying trends, home tours and residential purchase offers in 15 major metro markets in the U.S. The index showed that interest in home buying in the Baltimore metro area led the U.S. with rates that jumped more than 20 percent over 2015 figures. The activity measures some indicators in the walk-up to a home purchase…

T. Rowe Price profits fall in 2Q as company takes...

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T. Rowe Price Group Inc. reported a $195.3 million profit in the second quarter, a 41 percent drop attributed in part to a $166.2 million charge related to a settlement with investors over Dell’s buyout. T. Rowe — in what was considered a rare move — agreed to compensate fund investors when the Baltimore investment firm accidentally voted in favor of the 2013 buyout of Dell in what was considered a proxy-voting mistake. The nonrecurring charge reduced net income in the second quarter by $100.7…

Kevin Plank wants to see more than just gym rats...

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Although Under Armour is known for its tight-fitting compression wear and for being popular among some of the most famous athletes in the world, some of the company’s newest efforts will focus on the average, everyday consumer. During the company’s call with investors on Tuesday, CEO Kevin Plank discussed several new initiatives to get Under Armour into the hands of customers who have never purchased a piece of Under Armour sportswear in the past. The company announced earlier in the day a $52.7…

Big McDonald's comeback runs into trouble

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The all-day breakfast glow may be starting to wear off at McDonald’s.



from http://www.wbaltv.com/money/big-mcdonalds-comeback-runs-into-trouble/40887548

Oil prices fall to 3-month lows

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Crude oil wasn’t invited to the big party on Wall Street this month.



from http://www.wbaltv.com/money/oil-prices-fall-to-3month-lows/40887134

Apple probably just sold its billionth iPhone

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McDonald’s is getting some illustrious company. “Billions served” might apply to Apple’s signature product as well.



from http://www.wbaltv.com/money/apple-probably-just-sold-its-billionth-iphone/40887302

Keith Olbermann is thrilled he sold his Trump...

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Keith Olbermann is FREEEEEEEEE! from living under the Trump name.



from http://www.wbaltv.com/money/keith-olbermann-is-thrilled-he-sold-his-trump-apartment/40784622