Baltimore Checkbook

8 things you need to know this morning

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Good morning, and happy Thursday. It should be another beautiful day. Temperatures in the high 70s for the first part of the day, then pushing 84 this afternoon. There’s a very slight chance of thunderstorms around dinnertime. Here are eight things you need to know to get your day started. Friends and family of Lor Scoota, the local rapper who was shot and killed over the weekend, held a press conference yesterday asking for peace on city streets and for any additional information that could lead…

China's internet czar steps down in surprise move

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China’s powerful internet czar, Lu Wei, has unexpectedly stepped down. Lu will be replaced by his deputy, Xu Lin, as the head of the Cyberspace Administration, an agency created by President Xi Jinping in 2014, state media reported on Wednesday.



from http://www.wbaltv.com/money/chinas-internet-czar-steps-down-in-surprise-move/40290734

Redstone's illegible signature looms over Viacom...

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Sumner Redstone will almost certainly not be in a Massachusetts courtroom on Thursday when his attorneys and those representing Viacom convene for a hearing that may shape the future of his media empire. Public appearances by the 93-year-old Redstone,…



from http://www.wbaltv.com/money/sumner-redstones-illegible-signature-looms-over-viacom-drama/40283344

College grads are getting nearly all the jobs

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Got a college degree? Then it’s much more likely that you could land a job in the economic recovery. Of the 11.6 million jobs created after the Great Recession, 8.4 million went to those with at least a bachelor’s degree, according to a new report fro…



from http://www.wbaltv.com/money/college-grads-are-getting-nearly-all-the-jobs/40289498

Mega Millions' $415 million jackpot is third...

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Mega Millions has amassed its third largest jackpot ever, totaling $415 million. Tuesday was the 32nd consecutive drawing that failed to produce a winner.



from http://www.wbaltv.com/money/mega-millions-415-million-jackpot-is-third-largest-ever/40282722

Noodles & Company reports possible data breach

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Several Maryland Noodles & Company locations are on a list of restaurants where customer payment information may have been breached.



from http://www.wbaltv.com/news/noodles-company-reports-possible-data-breach/40287558

Puerto Rico rescue bill easily passes Senate

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Congress just gave Puerto Rico a lifeline. On Wednesday night, the U.S. Senate passed a bill known as PROMESA (Spanish for “promise”) to help the island get out of a $70 billion debt burden. It passed with a vote of 68 to 30.



from http://www.wbaltv.com/money/puerto-ricos-next-crisis-is-hours-away/40278682

T. Rowe Price to receive $25 million from Dell in...

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T. Rowe Price Group Inc. will reportedly receive $25 million from Dell Inc. in a settlement agreement stemming from a dispute over the computer maker’s share price when it went private in 2013. Bill Benintende, a spokesman for T. Rowe Price, confirmed the settlement but said he could not discuss the terms of the deal or the impact on shareholders. The Wall Street Journal reported the settlement at $25 million. T. Rowe, which owned 31 million shares of Dell, claimed that when the computer maker…

World's second largest diamond fails to sell

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The world’s second biggest diamond is also a big disappointment – at least on the auction block.



from http://www.wbaltv.com/money/worlds-second-largest-diamond-fails-to-sell/40281162

Exclusive: 14-story hotel coming to empty Calvert...

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A longstanding empty space on Calvert Street is about to undergo redevelopment by the end of the summer and be transformed into downtown Baltimore’s newest hotel. The property at 25 S. Calvert St. is owned by Allstar Hotels LLC out of New Jersey and owner Ronak Patel declined to confirm the brand and opening timeline of the hotel coming to the property. A Hilton Worldwide spokeswoman confirmed, however, that the property will become Baltimore’s second Hilton Garden Inn with an expected opening in…