Baltimore Checkbook

Port Covington $535 million TIF request gets...

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Baltimore’s Board of Finance gave a “concept approval” for a $535 million request for tax increment financing by Sagamore Development Co. to pay for a portion of infrastructure at its planned 266-acre Port Covington development. The board voted Monday afternoon at City Hall following a presentation on a 534-page TIF application and analysis that lasted about 45 minutes and included no public input. The TIF is too large for the city’s debt limit, said Steve Kraus, deputy finance director for the…

Mike Tirico, veteran ESPN sportscaster, leaving...

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One of the ESPN’s long-serving sportcasters is leaving.



from http://www.wbaltv.com/money/mike-tirico-veteran-espn-sportscaster-leaving-for-nbc/39207124

Y in Central Maryland purchases Big Vanilla...

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The Y in Central Maryland is purchasing Big Vanilla Athletic Club in Pasadena, three years after buying the fitness center’s other location in Arnold. The Pasadena location, located at 26 Magothy Beach Road, will go through a 30-day transition period. At the end of that period on May 23, the club will be called the Y in Pasadena, and the Y will take over full ownership and management. The Arnold location was transformed into the Greater Annapolis Y. The 80,000-square-foot Pasadena fitness center…

Giant cable merger cleared by regulators

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Antitrust regulators on Monday cleared a mega-merger that will create the country’s second-largest cable company.



from http://www.wbaltv.com/money/giant-cable-merger-cleared-by-regulators/39205050

Md. Bob Evans restaurant among dozens to close

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Bob Evans has closed more than two dozen restaurants, including one in Maryland, according to a report by the Columbus Business First.



from http://www.wbaltv.com/news/maryland-bob-evans-restaurant-among-dozens-to-close/39205432

Another fracking pipeline is rejected

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New York State has rejected a planned 125-mile long natural gas pipeline that was strongly opposed by environmentalists.



from http://www.wbaltv.com/money/another-fracking-pipeline-is-rejected/39202218

Warren Buffett is beating the market again

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After a tough 2015, Warren Buffett finds himself back in a familiar position – beating the market.



from http://www.wbaltv.com/money/warren-buffett-is-beating-the-market-again/39199962

Apple to report worst quarter in over a decade

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Apple is about to announce that it had its worst quarter in 13 years.



from http://www.wbaltv.com/money/apple-is-about-to-report-its-worst-quarter-in-over-a-decade-due-to-sinking-iphone-sales/39204054

A new Smoothie King will become one of the few...

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All the way up Broadway along the blocks that make up Fells Point are mainly unique restaurant and retail concepts with few having more than one location. This summer, however, a franchise with nearly 700 locations in the U.S. joins the fray. Local restauranteur David Olinde is set to open a Smoothie King location at 1716 Thames St. in mid-June. The come-and-go location is roughly 800 square feet and is the smallest of Olinde’s now four Smoothie King locations. The location will not have any seating…

Cash is flooding into emerging markets

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Investors are hungry for emerging markets again.



from http://www.wbaltv.com/money/cash-is-flooding-into-emerging-markets/39203876