Baltimore Checkbook

PSC denies portion of BGE rate hike request

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If Baltimore Gas and Electric gets its way, customers will soon pay more but not as much as the utility had hoped.



from http://www.wbaltv.com/money/psc-denies-portion-of-bge-rate-hike-request/39888612

'Hamilton' tickets as high as $10,000 on report...

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And you thought it was hard to get “Hamilton” tickets before.



from http://www.wbaltv.com/money/hamilton-tickets-as-high-as-10000-on-report-linmanuel-miranda-is-leaving/39886916

Paragon Outlets inks settlement deal with White...

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The proposed 100-store outlet mall at White Marsh, mired in turf and legal battles for a year, recently claimed a victory. An agreement was signed late last month between the developer, Paragon Outlets, and White Marsh Mall officials that dissolves an ongoing rift between the two retailers over the establishment of the discount mall to be located off of Interstate 95. But the controversy is far from over. A lawsuit filed by a group of residents who live near the White Marsh Mall is still ongoing…

Why do so many U.K. farmers want Brexit?

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At an agricultural market deep in the heart of England, farmers are fuming.



from http://www.wbaltv.com/money/why-do-so-many-uk-farmers-want-brexit/39884600

Johns Hopkins’ director of surgical oncology heads...

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The Ohio State University Wexner Medical Center is hiring a leading surgeon from the Johns Hopkins University School of Medicine with help from a new $2 million endowment spearheaded by the school’s football coach, Urban Meyer, and his wife, Shelley Meyer. The medical center plans to hire Dr. Timothy Pawlik as chairman of its Department of Surgery. Pawlik, 46, is an expert in liver cancer and will lead the medical center’s surgical and surgical oncology programs. Pawlik has been Johns Hopkins’…

America's economy is stronger than weak jobs...

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The panic-inducing May jobs report doesn’t connect with the U.S. economy.



from http://www.wbaltv.com/money/americas-economy-is-stronger-than-weak-jobs-report/39886002

Kevin Plank's Rec Pier hotel gets a name, flag

http://baltimorecheckbook.tumblr.com/post/145360058912/kevin-planks-rec-pier-hotel-gets-a-name-flag#_=_

We now know the name of Kevin Plank’s Recreation Pier hotel in Fells Point. The property, scheduled to open in early 2017, will be known as Sagamore Pendry Baltimore. Plank’s Sagamore Development Co. is transforming the 100-year-old pier and head house into a 128-room upscale hotel. Pendry is a brand of California-based Montage Hotels & Resorts, which was announced last year as the manager of the Rec Pier hotel. The only other Pendry Hotel in development is in San Diego, Ca., set to be the first…

Caves Valley Partners closes on deal for massive...

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The massive former Social Security Administration Metro West complex downtown is now in the hands of private owners, but the future of the development remains under review, the new owners said. Towson-based Caves Valley Partners settled on the 1.1-million-square-foot property at 300-400 N. Greene St. within the past few weeks, state documents show. The purchase price was $7,073,739. Caves Valley purchased the property under Greene Street Ventures LLC Arthur Adler, principal of Caves Valley Partners,…

Evergreen Health Cooperative's Beilenson says this...

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Evergreen Health Cooperative could be forced to pay nearly $22 million to CareFirst BlueCross BlueShield as part of an Affordable Care Act provision that was initially designed to level the health insurance playing field. The fees are part of what’s known as risk adjustment costs. The provision requires insurers who take on healthier patients to pay insurers who have sicker clients. For health insurance co-ops across the country, including Maryland’s Evergreen, this could mean paying tens of millions…

Jamie Dimon: Let's 'lift up' Americans hurt by...

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Free trade has taken a beating this election season, from the left and the right. But Jamie Dimon believes it would be a mistake to run away from trade deals.



from http://www.wbaltv.com/money/jamie-dimon-lets-lift-up-americans-hurt-by-free-trade/39882906