Baltimore Checkbook

Delta loses $450 million bet on fuel prices

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Delta Air Lines is taking a $450 million loss because jet fuel prices didn’t jump as much as the airline bet they would.



from http://www.wbaltv.com/money/delta-loses-450-million-bet-on-fuel-prices/40368570

San Francisco 'tech tax' would vilify the...

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The tech industry is facing a new showdown right in its own backyard.



from http://www.wbaltv.com/money/san-francisco-tech-tax-would-vilify-the-industry-opponents-claim/40368238

Will Brexit cause a new merger mania or kill...

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Is Brexit going to lead to fewer companies walking down the corporate merger wedding aisle?



from http://www.wbaltv.com/money/will-brexit-cause-a-new-merger-mania-or-kill-deals/40366420

Give me safety: U.S. bond yield hits record low

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Forget all the Election 2016 ruckus. Investors around the world don’t care. They think U.S. government bonds are the safest place to park their money right now.



from http://www.wbaltv.com/money/give-me-safety-us-bond-yield-hits-record-low/40365438

Home of the Day: Enchanting Home on 1.9 acres

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By Creig Northrop, Clarksville Office, Home of the Day is presented by the Baltimore Business Journal with The Creig Northrop Team. This is your invitation to view some of Baltimore’s most-luxurious properties. Come inside and take a look around. Click on the gallery image to view today’s featured property. 7608 Murray Hill Road, Columbia, MD 21046 | $650,000 A blend of modern amenities and classic elegance, this home is sure to inspire! Tucked away on a grassy knoll, this enchanting Colonial…

Milton Inn embarks on $400,000 renovation to...

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The highly rated Milton Inn in Baltimore County is getting a makeover in an effort to attract younger diners to the 70-year-old establishment. The Milton Inn, located at 14833 York Road in Sparks, began a $400,000 renovation in May that will include work on the outdoor patio and on the entire first floor of the restaurant. Owner and Executive Chef Brian Boston said he hopes to have the renovations completed by the end of August. About half of the renovation budget is being used on the interior…

Belvedere Towers Apartments sells to Baltimore...

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The Belvedere Towers Apartments in North Roland Park has traded hands for the second time in five years. Baltimore-based Blue Ocean closed Friday on its $30.2 million purchase of the 237-unit building. The sale price breaks down to about $127,400 per unit. Philadelphia-based private equity firm LEM Capital is a partner in the deal. The property last sold to Norfolk, Va.-based Harbor Group International LLC in 2011 for $26.1 million. Built in 1965, the Belvedere Towers sits at the corner of Northern…

RIP: BlackBerry kills its Classic phone

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Handheld phone, loved for its handy keyboard and hated for its terrible web browser, dies at age 20. Was once the go-to device of millions.



from http://www.wbaltv.com/money/rip-blackberry-kills-its-classic-phone/40365058

Revealed: Europe's new €50 banknote

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Europe unveiled its new ultra-secure €50 banknote on Tuesday.



from http://www.wbaltv.com/money/revealed-europes-new-50-banknote/40364300

Investors bail out of U.K. real estate on Brexit

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U.K. real estate is beginning to shake from the Brexit earthquake. Investors are pulling money out of commercial property, and shares in housebuilding companies are falling fast.



from http://www.wbaltv.com/money/investors-bail-out-of-uk-real-estate-on-brexit-shock/40364458