Baltimore Checkbook

Apple's iPhone sales sink for the first time ever...

http://baltimorecheckbook.tumblr.com/post/143446972562/apples-iphone-sales-sink-for-the-first-time-ever#_=_

Apple just announced its worst quarter in over a decade.



from http://www.wbaltv.com/money/apples-iphone-sales-sink-for-the-first-time-ever-last-quarter/39226246

Columbia's Maxim Healthcare Services replaces CEO

http://baltimorecheckbook.tumblr.com/post/143442286667/columbias-maxim-healthcare-services-replaces-ceo#_=_

Columbia’s Maxim Healthcare Services Inc. has promoted its president and chief operating officer to lead the company as CEO. William “Bill” Butz takes over as head of the home health care, medical staffing and wellness company effective immediately. He replaces outgoing CEO W. Bradley Bennett, who has held the position since 2009. Maxim declined to say why Bennett was leaving. In a statement, Bennett said his charge as CEO was to “put in place a leadership team capable of driving sustained…

Mitsubishi: We've been cheating on fuel tests for...

http://baltimorecheckbook.tumblr.com/post/143442250397/mitsubishi-weve-been-cheating-on-fuel-tests-for#_=_

The situation at Mitsubishi Motors just went from bad to much, much worse.



from http://www.wbaltv.com/money/mitsubishi-weve-been-cheating-on-fuel-tests-for-25-years/39217778

Snapchat speed filter blamed for 107-mph crash

http://baltimorecheckbook.tumblr.com/post/143440969737/snapchat-speed-filter-blamed-for-107-mph-crash#_=_

Snapchat has a filter that lets people share how fast they’re traveling while they take selfies.



from http://www.wbaltv.com/money/snapchat-speed-filter-blamed-for-107mph-highway-accident/39222358

Helicopter money: central banks' last resort

http://baltimorecheckbook.tumblr.com/post/143440338977/helicopter-money-central-banks-last-resort#_=_

Imagine cash spewing out of a helicopter over your neighborhood.



from http://www.wbaltv.com/money/helicopter-money-central-banks-last-resort/39221206

Johns Hopkins University launches a film incubator

http://baltimorecheckbook.tumblr.com/post/143439180942/johns-hopkins-university-launches-a-film-incubator#_=_

Incubators aren’t just for startups and entrepreneurs with a business idea. A new film incubator at Johns Hopkins University will look to cultivate new ideas for producing films and give a voice to local filmmakers and visual artists. The program, called the Bold Voices, New Paradigms Incubator, is part of the Saul Zaentz Innovation Fund in Film and Media Studies, which was launched by a $1 million grant from the Saul Zaentz Charitable Foundation. Zaentz was a three-time Academy Award-winning…

Exclusive: Caves Valley, Scott Plank part ways on...

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The partnership between two large developers who were seeking to revamp Cross Street Market into a modern city shopping hub has dissolved. War Horse LLC, owned by Scott Plank, brother of Under Armour CEO Kevin Plank, and Caves Valley Partners have split ways over the past month in their quest to redevelop the historic market in Federal Hill, said Robert Thomas, executive director of the Baltimore Public Markets Corp. Caves Valley Partners is now the sole developer seeking to do the project, said…

ExxonMobil loses its perfect AAA rating

http://baltimorecheckbook.tumblr.com/post/143435027037/exxonmobil-loses-its-perfect-aaa-rating#_=_

Here’s the latest casualty of cheap oil: ExxonMobil’s AAA credit rating.



from http://www.wbaltv.com/money/exxonmobil-loses-its-perfect-aaa-rating/39220966

Facebook needs to live up to the hype

http://baltimorecheckbook.tumblr.com/post/143434455757/facebook-needs-to-live-up-to-the-hype#_=_

Remember the FANG stocks that were all the rage in 2015?



from http://www.wbaltv.com/money/facebook-needs-to-live-up-to-the-hype/39219252

T. Rowe has 'significant focused interest' in...

http://baltimorecheckbook.tumblr.com/post/143433902077/t-rowe-has-significant-focused-interest-in#_=_

Expect T. Rowe Price Group Inc. to roll out a number of new investment options in different parts of the world. The Baltimore-based money manager over the next five years wants to launch new offerings, CEO William J. Stromberg said Tuesday. T. Rowe (NASDAQ: TROW) last week unveiled a new series of quantitatively managed funds. “I do think there’s a significant, focused interest on diversifying our revenue streams,” Stromberg said. “Our clients’ needs are ever-evolving, so we need to keep up.” The…