Baltimore Checkbook

Starbucks forced to reveal planned price increase

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Starbucks Corp. will raise prices on some of its beverages July 12. The company was forced to discuss the increase Friday, after the new prices were entered in computers early and customers were charged the new rate. Starbucks (NASDAQ: SBUX) released a statement about the glitch. On July 12, Starbucks is planning a small price increase on select beverages. Unfortunately, that price adjustment was prematurely entered into the point of sale systems in our U.S. company-operated stores. As a result,…

Twinkies maker Hostess to go public

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Twinkies maker Hostess Brands will be sold as part of a deal that will also take the company public.



from http://www.wbaltv.com/money/twinkies-maker-hostess-to-go-public/40363710

Tesla is struggling to get its cars to customers

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Tesla is building cars at a faster pace, but it’s having problems delivering them to eager customers.



from http://www.wbaltv.com/money/tesla-is-struggling-to-get-its-cars-to-customers/40362980

8 things you need to know after a wet Fourth of...

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Happy Tuesday. Hope you enjoyed a good long weekend — and didn’t let a little rain get in your way. The rain is still falling this morning as we head into what is expected to be a hot week. The forecast calls for 90s throughout the week. [WBAL] Here’s what else you need to know this morning. If you can’t get enough of those fireworks or missed them last night, you still have a chance. The Dundalk 4th of July Fireworks will be held at 9:15 p.m. at the North Point Government Center. [Dundalkheritagefair.com]…

Here are the finalists in Wells Fargo's small...

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Clyde Davis-El will finally be able to see outside his Main Street Hats store. Davis-El is one of three Baltimore small business owners who will receive $10,000 for renovations as finalists in a competition hosted by Wells Fargo, the National Urban League and architect-design firm Gensler. Davis-El said he’s using the money to put windows in his Greenmount Avenue store. Davis-El opened his store in 2009 after he left his job with RG Steel LLC at the steel mill in Sparrows Point. His store sells…

Podcast: Chesapeake Health Sciences talks about...

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On the second episode of BaltBizCast — the Baltimore Business Journal’s podcast — I sat down with two executives at Chesapeake Health Sciences. Chesapeake Health Sciences has applied to be a grower, processor and dispenser of medical marijuana in Maryland. The state opened up applications to handle medical cannabis in 2015 when the drug was legalized for medicinal uses. Since then, the state has received over 800 applications. Maryland will be able to give out an unlimited number of processor…

Forget Brexit, China's currency is falling again

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Turmoil triggered by Brexit may have masked a more troubling market move – China’s currency is falling again. Since British voters’ shock decision to leave the European Union, the yuan has lost 1.3 percent against the dollar. That’s small compared with the …



from http://www.wbaltv.com/money/forget-brexit-chinas-currency-is-falling-again/40361796

Legal challenge could force U.K. debate on Brexit

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The Brexit drama is far from over.



from http://www.wbaltv.com/money/legal-challenge-could-force-uk-debate-on-brexit/40351546

Brexit: U.K. Treasury wants massive corporate tax...

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Desperate times call for desperate measures.



from http://www.wbaltv.com/money/brexit-uk-treasury-wants-massive-corporate-tax-cut/40348746

Bad request.

http://baltimorecheckbook.tumblr.com/post/146895420422/don¹t-trust-chinese-economic-data-a-new-source-is#_=_

If you’re skeptical about China’s official economic data, another option is on its way.



from http://www.wbaltv.com/money/a-new-source-of-chinese-economic-info-is-coming/40349036