Baltimore Checkbook

Station North arts district aims to name permanent...

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The Station North Arts & Entertainment District plans to name a permanent executive director by Sept. 1. The group’s board started their search earlier this summer following April resignation of Ben Stone. Applications are being accepted until Aug. 1. Rebecca Chan, previously program director for the Station North district from 2011 to 2015, has been in the position since May 18 on an interim basis. Chan has accepted a position with the Local Initiatives Support Corp., the largest community development…

T. Rowe Price's Rogers among group of high-profile...

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T. Rowe Price Group Inc. chairman Brian Rogers is among a group of 13 high-powered executives recommending changes for how public companies can better operate and build trust. The group, which includes famed investor Warren Buffett, J.P. Morgan Chase CEO Jamie Dimon and General Motors CEO Mary Barra, reportedly began meeting in secret in New York last summer, to discuss the state of public companies in the U.S. and to create a roadmap for corporate governance principles. In an open letter released…

U.S. sues to block 2 major healthcare mergers

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The Department of Justice is suing four major health insurance companies in an attempt to block two proposed mergers. The antitrust lawsuits were announced Thursday by Attorney General Loretta Lynch in response to Anthem’s $54 billion proposal to acqu…



from http://www.wbaltv.com/money/us-sues-to-block-2-major-healthcare-mergers/40817446

Massive $107 billion beer takeover awaits nod from...

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It’s so close you can almost taste it! Anheuser-Busch InBev’s $107 billion takeover of SABMiller is nearly complete. The U.S. Department of Justice gave its stamp of approval for the massive deal on Wednesday. Now the brewers are waiting for final app…



from http://www.wbaltv.com/money/massive-107-billion-beer-takeover-awaits-nod-from-china/40818056

National Hot Dog Day: $1 grilled dogs at Burger...

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Get $1 Classic hot dogs at Burger King to celebrate National Hot Dog Day on Saturday.

The Miami-based fast food chain introduced the all-beef, flame-grilled dogs, topped with ketchup, mustard, chopped onions and relish, to menus in February. Customers also can opt for Chili Cheese Dogs for $1.29…

Exclusive: United Way nixes move to Stadium...

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The United Way of Central Maryland is negotiating to move its headquarters out of the downtown central business district to one of the city’s most iconic buildings. The nonprofit is eyeing about 30,000 square feet of office space in the massive central building of Montgomery Park, located in Morrell Park in Southwest Baltimore. The group has 85 full-time workers and manages $37 million each year in charitable work around the region. The move to the third floor of the Art Deco building with a massive…

Facebook worth $1 trillion? Not so crazy

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Brexit. The U.S. presidential election. Terrorism. China’s economy. These are all legitimate concerns for investors … and hot topics of discussion on Facebook. So maybe that’s why Facebook is doing so well. There’s a lot to talk about. Facebook shar…



from http://www.wbaltv.com/money/facebook-worth-1-trillion-not-so-crazy/40817546

Ravens single-game tickets go on sale Friday

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Single-game tickets for Baltimore Ravens regular season games will go on sale Friday at 10 a.m. Dating back to 2001, following the Ravens’ first Super Bowl victory, single-game tickets have sold within the first 15 minutes. Pre-season games have sold out within a few days, according to the Ravens. Over 99 percent of Ravens permanent seat license owners have renewed their season tickets for 13 straight years. Baker Koppelman, the team’s senior vice president of ticket sales and operations, said…

Southwest's stock sinks, as record profit doesn't...

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Lower fares and high expectations proved to be a problem Thursday for Southwest Airlines, the nation’s largest discount airline. Southwest Airlines posted a record profit of $820 million in the second quarter up 35% from a year earlier. But Wall Stree…



from http://www.wbaltv.com/money/southwest-flies-to-record-profits-despite-lower-fares/40815138

FNB Corporation to acquire Yadkin Financial in...

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Yadkin Financial, the Raleigh-based parent of Yadkin Bank (NYSE: YDKN), is being acquired by Pittsburgh-based F.N.B. Corporation (NYSE: FNB) in a deal worth about $1.4 billion. Yadkin CEO Scott Custer, minutes after the official announcement, said the deal was the result of “back and forth discussions” between the two entities. “These things don’t happen overnight,” he says. F.N.B. is the 11th largest investment advisory company in the area, according to Baltimore Business Journal research, and…