Baltimore Checkbook

New location announced for Port Covington TIF...

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A city councilman chairing a public hearing July 27 to discuss a record $660 million tax increment financing request by Sagamore Development Co. has changed the location to a larger space. Councilman Carl Stokes, who represents the 12th District and is chair of the Taxation, Finance and Economic Development Committee of the City Council, has moved the hearing to the War Memorial Building from the City Council chambers. The War Memorial Building is located at 101 N. Gay St. The televised hearing…

Free drink at Starbucks with summer Iced Sampler...

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Starbucks is handing out free iced drinks when you get five stickers on a Summer Iced Sampler Card.

Baristas are handing out the paper cards at registers, which are good for a free grande iced tea or iced coffee with purchase of five through Aug. 9.

Collect the stickers and hand in the card to…

Steak 'n Shake to open Aug. 1 at BWI

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Maryland’s second Steak ‘n Shake location is opening Aug. 1 at Baltimore/Washington International Thurgood Marshall Airport as part of the food court in the main terminal. The location comes nearly two years after the state’s first Steak 'n Shake opened just down the road in Millersville in 2014. Hanover businessmen Khalil Ahmad owns both locations and has the Steak 'n Shake franchise rights for Maryland. “The airport means more business in a good location,” Ahmad said. “Business wise, the airport…

CEO, GOP delegate: 'Trump wasn't my first choice,...

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CLEVELAND – Jim Dicke II has been involved in Republican politics for his entire adult life while also building a $2.6 billion, 13,000-employee company. He knows his role although it differs from other high-powered business people in the party. “Each state probably has a few business-types who stay involved in politics the way I do,” said Dicke, the CEO of Crown Equipment Corp. “Most of them tend to be a little more involved in fundraising. I’m not much of a fundraiser, especially living…

Pokemon Go may boost Apple more than Nintendo

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The rich get richer? One Wall Street analyst thinks that the biggest beneficiary of Pokemon Go mania won’t be Nintendo. It will be Apple, which is already the most valuable company in America. Laura Martin of Needham & Co. wrote in a report Wednesday …



from http://www.wbaltv.com/money/pokemon-go-may-boost-apple-more-than-nintendo/40799646

Bank of America appoints new Baltimore market...

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David Millman is retiring this month as Bank of America Corp.’s Baltimore market president, ending a 35-year run with the largest bank in Maryland. Sabina Kelly, who has been with the bank for more than 20 years, will take over for Millman. Bank of America is the largest bank in the Baltimore area, with more than $18 billion in local deposits, or a 27 percent share. Kelly’s experience at Bank of America includes working on risk, middle-market banking and client management. Kelly has her roots…

TEDCO gives four, $200K grants to local life...

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The Maryland Technology Development Corp. is giving a total of $800,000 in grants to four local biotech companies. Each of the firms will receive a $200,000 grant through TEDCO’s Life Science Investment Fund. The fund was created to help give startup companies in life sciences fields a chance to have their technology validated by the U.S. Food and Drug Administration, and to help further develop the product. The companies receiving the grants are: AsclepiX Therapeutics, a spinout of Johns Hopkins…

Airfares are down, United says

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Lower airfares during peak travel season? Yup. Airfares should be down between 6% and 8% for the rest of the summer compared to a year earlier, according to United Airlines. The same key measure for airfare fell 7% in the just completed second quarte…



from http://www.wbaltv.com/money/airfares-are-down-united-says/40797580

Bagby Pizza Co. taps Lutherville for third...

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The thin-crust, artisan Bagby Pizza Co. will open its third location in the suburban Yorkridge Shopping Center early next year. The 2,370-square-foot restaurant will open in the Lutherville center and serve its popular menu of handmade pies, artisan sandwiches and salads. The shopping center is owned and operated by Pikesville-based Schwaber Holdings. In addition, Pet Valu will also open a 4,320-square foot-store in the shopping center, located at York and Ridgley roads. The Pet Valu will include…

American companies have a lot to lose from Turkey...

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Once a darling of emerging markets investors, Turkey has plummeted into chaos after last weekend’s attempted coup. Dozens of big Western companies and brands have billions of dollars on the line. About 50,000 people have been fired or suspended from t…



from http://www.wbaltv.com/money/american-companies-have-a-lot-to-lose-from-turkey-chaos/40798352