Baltimore Checkbook

Gap still struggling because of 'fast fashion'

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The iconic clothing retailer Gap has become a fashion victim. The company said Monday that sales were down for April and in the first quarter, warning that its next earnings report, due May 19, probably won’t make investors happy.



from http://www.wbaltv.com/money/gap-still-getting-clobbered-by-fast-fashion/39456572

Maryland Chamber names new CEO

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Kathy Snyder can go back to the beach now. Snyder came out of retirement last year to once again take over the Maryland Chamber of Commerce when its CEO unexpectedly resigned. On Tuesday, the Chamber announced Snyder’s replacement, Christine Ross, currently the CEO of the Bonita Springs Area Chamber of Commerce in Florida, will take over the organization on July 11. The chamber’s board and hiring committee conducted a national search that drew about 70 to 80 “outstanding” candidates, Snyder said.…

Is your company extraordinary? Nominate it for our...

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What does your company do to attract the best employees? Do you offer unlimited time off? The ability to work from home? Or even an annual trip to Hershey Park? If your company prides itself on being friendly to employees while still maintaining a professional and productive work environment, it might just be one of our Best Places to Work. Nominations are currently open to our annual contest, which honors companies of all sizes in Greater Baltimore. If you fill out the nomination form here, you…

8 things you need to know this morning

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Good morning — and happy Tuesday. The sunshine didn’t stick around for long. The forecast calls for more rain today and tomorrow. Here’s what else you need to know this morning. Prosecutors at the trial of Baltimore City Police Officer Edward Nero have asked for a one-day delay in the start of the trial, claiming they needed more time to get ready because an electrical problem shut down their computers last week. [WBAL] State Sen. Catherine Pugh has officially won the Democratic primary for Baltimore…

Time Warner, Cox suffer widespread outages in...

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A cable cut accidentally by “third party construction” caused a massive outage for TV, phone and Internet customers in the Northeast.



from http://www.wbaltv.com/money/time-warner-cable-cox-suffer-widespread-outages-in-northeast/39459562

Port Covington TIF approved by finance board;...

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The city’s finance board on Monday approved $535 million in tax increment financing for the massive redevelopment of Port Covington. But the Board of Finance balked on the sale of a second round of bonds for Harbor Point during the hour and a half meeting. Sagamore Development Co. — the real estate arm of Under Armour Inc. CEO Kevin Plank — plans to use the TIF to develop infrastructure on 216 of 260 acres at Port Covington. The matter will now move to City Hall where Mayor Stephanie Rawlings-Blake…

Man who foresaw oil crash bets against Saudi...

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Two years ago, Zach Schreiber correctly predicted the epic oil crash. Now he’s warning of a looming financial disaster in Saudi Arabia.



from http://www.wbaltv.com/money/man-who-foresaw-oil-crash-bets-against-saudi-arabia/39452100

Why Donald Trump's debt plan is reckless

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Donald Trump dubs himself the “king of debt.” Experts say he doesn’t have a clue – at least when it comes to U.S. government debt. Only a few weeks ago, Trump said he could eliminate federal debt in just eight years, a nearly impossible task. Trump’s…



from http://www.wbaltv.com/money/why-donald-trumps-debt-plan-is-reckless/39454154

ESPN woes hurting Disney

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The Avengers haven’t been able to save Disney’s stock this year. Neither have Mowgil and Baloo or a bunch of animated animals living in the big city.



from http://www.wbaltv.com/money/espn-woes-hurting-disney/39454458

You can now search the Panama Papers database...

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You can now see for yourself which politicians, celebrities and business executives allegedly kept secret shell companies that were exposed in the Panama Papers.



from http://www.wbaltv.com/money/you-can-now-search-the-panama-papers-database-online/39454430