Baltimore Checkbook

Hyundai recalls Sonatas; power steering assist can...

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Hyundai is recalling 173,000 Sonata midsize cars in the U.S. because the power steering can fail, making them harder to steer.



from http://www.wbaltv.com/money/hyundai-recalls-173k-sonatas-power-steering-assist-can-fail/38935216

Janet Yellen disagrees strongly with Bernie...

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Add Federal Reserve chair Janet Yellen’s name to the list of people who wonder if Bernie Sanders has all the facts down on Wall Street regulation.



from http://www.wbaltv.com/money/janet-yellen-disagrees-strongly-with-bernie-sanders/38934206

How did Under Armour's stock move after splitting?

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Rarely will you see a major company’s stock price drop by half under less exciting circumstances. Under Armour Inc.’s shares opened Friday down 47 percent at $45.26 following a long-planned stock split. Prices didn’t move much afterwards, slipping 5 percent to $42.74 during afternoon trading. But, no, investors’ holdings aren’t really down by half. In other words, shares of Baltimore-based Under Armour (NYSE: UA) hovered around expected levels following a two-for-one stock split after the close…

Postage prices set to fall for first time since...

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The price of mailing a letter will fall for the first time in nearly a century this Sunday.



from http://www.wbaltv.com/money/postage-prices-set-to-go-down-for-now/38930202

Wells Fargo to offer paid parental leave for first...

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Wells Fargo & Co. will provide paid parental leave for the first time starting this summer, joining Bank of America Corp. and other large banks already offering that benefit. “To support the well-being and financial health of team members, Wells Fargo will introduce three new team member benefit programs on June 1, 2016, which include paid parental leave, paid critical caregiving leave, and backup adult care,” spokesman Josh Dunn told the Charlotte Business Journal on Friday. “The availability of…

Pop artist Charlie Puth will headline Maryland...

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Pop artist Charlie Puth will headline the Maryland State Fair Concert Series on Saturday, Sept. 3. The State Fair will be held at the Maryland State Fairgrounds in Timonium from Aug. 25 to Sept. 5. Puth is known for his hit singles “See You Again” with rap artist Wiz Khalifa and “One Call Away.” The all-female pop group Fifth Harmony headlined the concert series last year. The concert will be held on the fairground’s infield, and general admission tickets will go on sale for $40 starting at 8…

Mid-Atlantic Health Care transforming vacant...

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Mid-Atlantic Health Care LLC on Friday announced plans for a $20 million skilled nursing center on downtown Baltimore’s west side. The center, called Restore Health Baltimore, will be located at 300 W. Fayette St., a largely vacant seven-story, 120,000-square-foot building that Mid-Atlantic Health Care plans to renovate. The new center is expected to open in 2017. Timonium-based Mid-Atlantic Health Care has 21 facilities and 3,900 beds in Maryland and Pennsylvania. Under the leadership of CEO Dr.…

Victoria's Secret is focusing on lingerie and...

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Victoria’s Secret is laying off workers and restructuring its business to streamline its focus on its famous lingerie, with an eye towards millennials.



from http://www.wbaltv.com/money/victorias-secret-is-focusing-on-lingerie-and-millennials/38928898

BBB of Greater Maryland to host annual Shred Day...

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The Better Business Bureau of Greater Maryland will provide free document shredding during its annual Shred Day on April 16.



from http://www.wbaltv.com/news/bbb-of-greater-maryland-to-host-annual-shred-day-event/38931776

Bryn Mawr School headmistress stepping down in...

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Bryn Mawr School Headmistress Maureen E. Walsh will leave the position at the end of the 2016-17 school year, she announced Friday. Walsh has been the headmistress at the Roland Park all-girls private school for 14 years. “It has been an extraordinarily rewarding and satisfying experience for me to lead this school, and I thank the trustees for the privilege of serving as Bryn Mawr’s headmistress for all these years,” Walsh, 59, said in a letter to the Bryn Mawr community. Prior to accepting…