Baltimore Checkbook

Billionaire vows to crush Disney in China

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One of China’s richest men has vowed to crush Disney’s big plans for its giant new resort in the country. Wang Jianlin, a billionaire real estate and entertainment mogul, says his company is aiming to prevent Disney from being profitable in China ove…



from http://www.wbaltv.com/money/billionaire-vows-to-crush-disney-in-china/39695042

Millionaires: Success due to hard work, family...

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Most high net worth Americans say they worked their way up from a lower class. That’s according to a report released by U.S. Trust on Monday, based on a survey that asked 684 adults in the U.S. with $3 million or more of “investible assets” hundreds o…



from http://www.wbaltv.com/money/millionaires-chalk-success-up-to-hard-work-and-family-values/39689562

Expert: Beware of marked-up medical equipment...

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Some call the prices assigned to certain types of medical equipment arbitrary and completely inflated.



from http://www.wbaltv.com/news/expert-beware-of-markedup-medical-equipment-prices/39686422

Will Obama's new overtime rules actually hurt...

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A new federal rule that expands the number of workers eligible for overtime pay means employers will have to pony up more money – in payroll, administrative and legal costs.



from http://www.wbaltv.com/money/will-the-new-overtime-rules-actually-hurt-workers/39682162

GE is creating over 2,000 new jobs -- in Saudi...

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General Electric just made a big bet on Saudi Arabia’s attempt to end its oil addiction.



from http://www.wbaltv.com/money/ge-is-creating-over-2000-new-jobsin-saudi-arabia/39680552

Jockey Club GM: Preakness will be at Pimlico 'as...

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Nyquist couldn’t get the job done in his quest to keep the Triple Crown dream alive Saturday at the 141st running of the Preakness Stakes, but yet another record crowd showed up to see Exaggerator win the second straight muddy affair. For the third year in a row, the second leg of horse racing’s Triple Crown saw record attendance with 135,256 people filing into Pimlico Race Course. That number bests last year’s attendance of 131,680 and the 2014 attendance of 123,469, both records at the time. And…

Apple, tech giants lead $1.6 trillion cash hoard

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Corporate America’s cash stockpile keeps growing.



from http://www.wbaltv.com/money/apple-tech-giants-lead-16-trillion-cash-hoard/39681836

The U.S. is 'basically at full employment'

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America’s job crisis is over, says one of the nation’s top economists.



from http://www.wbaltv.com/money/the-us-is-basically-at-full-employment/39682132

Preakness TV ratings up 7 percent; Baltimore posts...

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NBC on Saturday drew a 6.2 overnight rating for the race segment of the Preakness Stakes, which saw Exaggerator hold off Cherry Wine and Kentucky Derby winner Nyquist for the win. The 6.2 rating is up 7 percent from a 5.8 overnight for last year’s Preakness, when American Pharoah won the race on his way to the Triple Crown. Saturday’s telecast is down slightly from a 6.3 rating in 2014, but up from a 6.0 in 2013 and a 5.6 in ’12. Saturday’s race peaked at an 8.0 overnight from 6:45 p.m.-7:00…

Have a look at the MGM National Harbor suites

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We’ve seen the exterior, the 10-eatery dining hall and the standard rooms. Now, MGM National Harbor has offered us a look into its luxurious side — the 24-story hotel’s five types of suites. The 308-room hotel, part of the 1 million-square-foot casino resort in Prince George’s County, will include suites ranging in size from 588 to 3,210 square feet. According to MGM, each suite will feature “distinct location, size, layout and amenities, resulting in a unique guest experience specific to…