Baltimore Checkbook

Commercial real estate reps walk the red carpet at...

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Thirty companies and commercial real estate representatives received awards Thursday night as part of a bi-annual awards ceremony in Harbor East. The “Awards of Excellence” were presented in 29 categories for innovation and achievement by NAIOP Maryland, a commercial real estate group whose membership includes leasing, lending, architectural and engineering professionals. Robert Becker, a senior vice president at St. John Properties who started with the company while he was in college as a driver…

Towson Mews luxury development breaks ground

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A 35-unit luxury townhome development is set to break ground Friday on 2-acres of prime, historic land in Towson. The Towson Mews community will be located near the historic East Towson neighborhood and the new $85 million Towson Square movie and eatery development near the Towson Town Center. The project is being developed by Evergreene Homes, of Chantilly, Va., and will be the company’s first project in Baltimore County. The townhomes will be 2,000 square feet and have a parking garage. Towson…

Legg Mason 'not satisfied' with fourth-quarter...

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Money manager Legg Mason Inc. took its second straight quarterly loss Friday amid an outflow of money from many of its investment affiliates, also slipping to a loss for the full 2016 year. The results are a challenge as Baltimore-based Legg (NYSE: LM) seeks to use a series of acquisitions to reposition itself for the future as a more diverse investing company. Legg faces upfront pressure in its existing businesses after significant drops in assets under management and a tumultuous first quarter…

New milestone for bull market: 2nd longest ever

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It’s been 2,608 days since the bull market was born from the ashes of the Great Recession.



from http://www.wbaltv.com/money/new-milestone-for-bull-market-2nd-longest-ever/39280718

Free food, gift cards and dining deals at...

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IKEA is giving away freebies and food to celebrate newly remodeled restaurants in stores through Sunday.

Here’s the giveaway schedule:

5 p.m. Friday: The first 100 people in line get an envelope with food and gift-card prizes up to $100.

9 a.m. Saturday: First 30 people in line get a goodie bag…

ExxonMobil profits crash to lowest level since...

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The last time ExxonMobil’s profits were this low, Y2K was still a thing. Exxon’s first-quarter profits plunged by 63% to $1.8 billion due to the oil crash. That’s the lowest quarterly profit the company has reported since 1999, according to FactSet. Th…



from http://www.wbaltv.com/money/exxonmobil-profits-crash-to-lowest-level-since-1999/39279250

Eurozone economy grows faster than U.S.

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Boom! Europe is back. At least for now.



from http://www.wbaltv.com/money/wait-what-eurozone-economy-grows-faster-than-the-us/39278908

Free eats for teachers at Chipotle on Tuesday

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Teachers get a free meal with purchase at Chipotle Mexican Grill to celebrate National Teacher Appreciation Day on Tuesday, May 3.

8 things you need to know this morning

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TGIF. Don’t expect a repeat of last weekend’s warm, spring weather. But today’s rain and gloomy skies are likely to go away on Saturday. Here’s what else you need to know. It was a tense scene near Television Hill on Thursday as a man in an animal costume walked into the Fox 45 TV station claiming to have a bomb strapped to him. Police shot the man and then later determined that his bomb was actually chocolate bars duct-taped to a flotation device. [AP] The Ravens picked Notre Dame’s Ronnie Stanley…

These are the 5 largest wineries in Maryland

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Maryland isn’t exactly Wine Country, but it’s no wine desert, either. Wineries in the state are pumping out tens of thousands of gallons of wine each day. For this week’s list, we ranked the largest wineries in Maryland, in order of how many gallons of wine they produced last year. Below, you’ll see the top five vineyards on that list. Subscribers can view the full list here, as well as our list of largest breweries here. For more of our wine coverage, you can also read our story about Boordy Vineyards…