Baltimore Checkbook

This self-driving car company is on fire

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One of the hottest tech stocks of the past year and a half is helping to make driverless cars a reality.



from http://www.wbaltv.com/money/this-selfdriving-car-company-is-on-fire/39680846

Officer Nero found not guilty in charges tied to...

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Officer Edward Nero has been acquitted on all four charges tied to the arrest and death of 25-year-old Freddie Gray, according to multiple reports. The verdict was announced Monday morning by Baltimore Circuit Court Judge Barry Williams, who decided his fate rather than a jury. Nero, 30, had plead not guilty on four misdemeanor charges. He was one of six officers involved in the April 12, 2015 arrest of Gray, who died a week sustaining severe injuries in police custody. Below is a statement released…

For Uber, Lagos is bigger than London

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Uber launched in Lagos less than two years ago, but executives say business in the Nigerian city is booming despite fuel shortages and an economic slump.



from http://www.wbaltv.com/money/for-uber-lagos-is-bigger-than-london/39679762

Ryanair is cutting fares to counter terrorism...

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Top European airline Ryanair will slash fares in the coming months to keep people flying after a recent spate of terror attacks.



from http://www.wbaltv.com/money/ryanair-is-cutting-fares-to-counter-terrorism-fears/39678780

Looking for a job? IBM has 20,000 openings

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IBM is laying off thousands of employees, but it’s also hiring like crazy.



from http://www.wbaltv.com/money/looking-for-a-job-ibm-has-20000-openings/39678424

World's top insurer ditches $2 billion tobacco...

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The world’s largest insurer is ditching tobacco assets worth $2 billion, saying it can’t continue to invest in an industry that kills six million people per year.



from http://www.wbaltv.com/money/worlds-top-insurer-ditches-2-billion-tobacco-investment/39677706

Some retailers could reject Baltimore if City...

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LAS VEGAS — The debate over whether to raise the minimum wage in Baltimore to a possible $15 per hour has reached from City Hall to the meetings and social gatherings here in this gilded desert town. As the International Council of Shopping Centers annual RECon convention ramped up this weekend, some of the city’s top officials are here trying to lure new retail and restaurants to Baltimore. But, they say, a movement now underway to increase the minimum wage in the city to $15 per hour could…

Invest in urban areas, Magic Johnson tells...

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LAS VEGAS — Urban development requires acceptance, trust and perseverance among the community and retailers, NBA great Magic Johnson told a group of nearly 400 at the opening session of the International Council of Shopping Centers annual convention Sunday. Johnson’s company, Los Angeles-based Magic Johnson Enterprises, has invested in real estate deals including 105 Starbucks franchises he built over years in urban areas across the U.S. and other developments like movie theaters and restaurants. His…

8 things you need to know this morning

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Good morning and a happy Monday to you. I hope everyone is managing to break out of a weekend funk after so much rain Saturday and Sunday. Today may not be much better, either. The highest chance of rain comes tonight around dinner time, maybe even some thunderstorms. Here are eight things you need to know to get your day started. Though the Preakness drew a huge crowd Saturday, Exaggerator’s victory isn’t what people will be talking around the water cooler today. Unfortunately, most of the headlines…

UK: Brexit would spark year-long recession

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The U.K. government has a message for British citizens: If you vote to leave the European Union, you should expect economic growth to evaporate. An analysis published by the U.K. Treasury on Monday predicts a dramatic reversal of economic momentum an…



from http://www.wbaltv.com/money/uk-government-says-brexit-would-spark-yearlong-recession/39676924