Baltimore Checkbook

Delta buys 75 new Bombardier jets

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In a huge victory for Bombardier, Delta Air Lines said Thursday it will buy at least 75 of the Canadian aircraft maker’s new CS100 airliners.



from http://www.wbaltv.com/money/delta-buys-75-new-bombardier-airliners/39263196

Company behind 'American Idol' files for...

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The producer of “American Idol” has filed for bankruptcy less than a month after the show’s final episode aired. Core Media Group filed for Chapter 11 bankruptcy protection on Thursday, saying it has not yet found a way to replace revenue earned from …



from http://www.wbaltv.com/money/the-company-behind-american-idol-has-filed-for-bankruptcy/39276720

Apple employee found dead at HQ shot himself

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An Apple employee found dead at the company’s Cupertino headquarters this week committed suicide by shooting himself in the head. The cause of death of the 25-year-old man was determined by a medical examiner, the Santa Clara Sheriff’s Office said Thu…



from http://www.wbaltv.com/money/apple-employee-found-dead-at-hq-shot-himself/39274178

Oakland Raiders owner promises $500 million to Las...

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“The Raiders are undefeated in Las Vegas.” That’s what Oakland Raiders owner Mark Davis joked about as he announced a pledge to put up $500 million toward a new stadium in Las Vegas.



from http://www.wbaltv.com/money/oakland-raiders-owner-promises-500-million-to-las-vegas-stadium/39268974

Spike in long-term care insurance riles policy...

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Lynn Hollenbach was a pretty healthy 56-year-old in 2001, but wise enough to know that might not always be the case. He had heard about long-term care insurance, a type of private insurance that covers the at-home care and nursing home expenses that fall between the cracks in Medicare and traditional health plans. So he signed up: $2,800 a year for peace of mind that he and his wife, Judy, won’t be buried under medical bills in their old age or, worse, unable to afford the care they need. When…

Under Armour expects to occupy Locust Point...

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A lot of chatter these days is about Under Armour Inc.’s planned new 50-acre Port Covington headquarters campus, but the sportswear maker’s current Locust Point base of operations still has some life in it. Baltimore-based Under Armour (NYSE: UA) will continue to operate out of Locust Point for the foreseeable future, CEO Kevin Plank said Thursday, providing an updated timeline for the company’s planned move as he spoke at its annual shareholders meeting. Under Armour likely won’t be completely…

Amazon shares soar on fourth straight profitable...

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The days of Amazon as the perennial money loser appear to be over. The new, profitable Amazon looks like it’s here to stay.



from http://www.wbaltv.com/money/amazon-shares-soar-on-fourth-straight-profitable-quarter/39266140

Obama: We 'couldn't take victory laps' on economy

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President Barack Obama said he regrets he didn’t do a better job promoting the country’s economic recovery to the American people in an interview with The New York Times Magazine published Thursday.



from http://www.wbaltv.com/politics/obama-we-couldnt-take-victory-laps-on-economy/39261204

Under Armour wants to grow by knowing how much you...

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Under Armour Inc. is reaching toward the Fortune 500 list with a growth plan mixing big data, major international business gains and expansion in other key sectors, CEO Kevin Plank said Thursday at the company’s annual shareholders meeting. Plank gave updates on Under Armour (NYSE: UA) plans for growth as the Baltimore-based sportswear maker aims to boost its annual revenue to $7.5 billion over a three-year period ending in 2018. The company posted revenue of $3.96 billion in 2015 and has projected…

One of Apple's biggest cheerleaders is selling

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Apple’s terrible week just got worse. Carl Icahn, one of its biggest cheerleaders, has dumped the iPhone maker’s stock.



from http://www.wbaltv.com/money/one-of-apples-biggest-cheerleaders-is-selling/39264376