Baltimore Checkbook

Trump defends 'brilliantly' using bankruptcy laws

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Donald Trump pushed back against criticism of his companies’ bankruptcy history Tuesday, repeating his argument that like other smart businessmen, he “used, brilliantly, the laws of the country” to his advantage.



from http://www.wbaltv.com/politics/trump-defends-brilliantly-using-bankruptcy-laws/40168796

Brexit could hurt Middle East investors in London...

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Wealthy Middle East investors are watching Britain’s EU referendum with a mixture of fear and greed.



from http://www.wbaltv.com/money/brexit-could-hurt-middle-east-investors-in-london-real-estate/40170182

Should robots have to pay taxes?

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If robots are going to steal human jobs and otherwise disrupt society, they should at the very least pay taxes.



from http://www.wbaltv.com/money/should-robots-have-to-pay-taxes/40170228

Business makes last ditch appeal against Brexit

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Entrepreneurs and top executives have made a last ditch appeal to voters to keep Britain in the European Union. Virgin founder Richard Branson and WPP CEO Martin Sorrell are among 1,285 business leaders who signed a letter published in The Times on We…



from http://www.wbaltv.com/money/business-makes-last-ditch-appeal-against-brexit/40168760

8 things you need to know this morning

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Good morning, and happy Wednesday. After those storms pushed through the area yesterday, we get a break from the rain — but not the heat and humidity. It’s going to be in the high 80s all day, making way for a rainy Thursday. Here are eight things you need to know to get your day started. Speaking of that storm, a tornado actually touched down in Howard County after several reports of a funnel cloud had popped up in the area Tuesday afternoon. A tornado with speeds of 80 mph touched down around…

Happy birthday IKEA: Secret ways to save at the...

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IKEA celebrates its 31th anniversary in the United States after opening its first store on June 12, 1985. Doreen Christensen has hot tips on how to get free food, drinks, ice cream, $25 off coupons and more at Swedish retailer IKEA.

Demolition of Haussner's begins

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Demolition has begun on the building that used to hold the famous Haussner’s restaurant in Highlandtown. Peter Garver, the developer of the site, is planning a six-story building with 65 apartments, a full parking garage and first-floor retail space. The site is located at 3244 Eastern Ave. Access Demolition Contracting Inc., which is completing the demolition, said in late May it was waiting on permits to begin the process. Plans for the new mixed-use building have already been approved by the…

Canned beers are helping Oliver Brewing Co. expand...

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Canning beer was something Oliver Brewing Co. had planned on doing for some time, but with 26 years of history, owners Justin Dvorkin and Donald Kelly couldn’t be sure how the new venture that started in March would do. Turns out there is a demand for some of the company’s most popular products outside of the bars and restaurants. Dvorkin said the company’s sales revenue has nearly doubled since canning operations began in March. And with five of their selections currently in canned form across…

Fuel scandal drives Mitsubishi Motors to first...

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Mitsubishi Motors has revealed the heavy financial toll from its fuel economy scandal. The Japanese automaker says it expects to post a net loss of 145 billion yen ($1.4 billion) for the current financial year.



from http://www.wbaltv.com/money/fuel-scandal-drives-mitsubishi-motors-to-first-loss-in-8-years/40167718

11 million Americans spend half their income on...

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More Americans are struggling to make rent. The number of renters dedicating at least half of their income toward housing hit a record high of 11 million people in 2014.



from http://www.wbaltv.com/money/11-million-americans-spend-half-their-income-on-rent/40166190