Baltimore Checkbook

Nominate a technology guru for our Tech 10 awards

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It may not seem like it on the surface — but Baltimore really is becoming a tech hub. More startups are popping up around the area, venture capitalists are taking notice of some of the larger tech companies and the city was recently named as one of the White House’s Tech Hire cities. Who is leading this tech surge in Greater Baltimore? The BBJ is about to find out. We’re looking for nominations for our first ever Tech 10 awards, which will honor the top personalities that are helping the industry…

Here are the 2016 Best in Finance: CFO Awards...

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The BBJ’s Best in Finance: CFO Awards this year includes top financial executives in a host of industries. The eight top financial officers we selected have demonstrated an ability to keep the books straight — the basic duty of any CFO — but have also had a far-reaching impact on their industry and company. One has had a role in helping his hospital climb out of a $72 million hole. Another has had to deal with his company facing bankruptcy, and another has helped her company’s revenue grow…

BBJ, the Sun and the Baltimore Brew file complaint...

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Editors of the Baltimore Business Journal, the Sun and the Baltimore Brew on Friday filed a complaint with the state’s Open Meetings Compliance Board seeking to have meetings at the Baltimore Development Corp. over a proposed $535 million tax subsidy for Sagamore Development LLC opened to the public. The Open Meetings Compliance Board is a part of the Maryland Attorney General’s office set up to monitor the state’s Open Meetings Act. In the letter of complaint, Joanna Sullivan, editor-in-chief…

Chinese firm snatches Starwood from Marriott

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The proposed merger to create the world’s largest hotel chain is off – at least for now.



from http://www.wbaltv.com/money/chinese-firm-snatches-starwood-from-marriott/38580514

The clock is ticking on Aeropostale

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Aeropostale is dying – a victim of fast fashion and fickle teen tastes.



from http://www.wbaltv.com/money/the-clock-is-ticking-on-aeropostale/38580588

Baltimore companies among finalists for Chesapeake...

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Five Baltimore companies are among 21 businesses named finalists in Chesapeake Regional Tech Council’s annual TechAwards. The awards recognize top-performing and high-growth technology companies in the Baltimore-Washington region. The 21 finalists were selected from more than 75 applicants. Winners will be named at the tech council’s TechAwards 2016 event April 28 at the Hilton Baltimore BWI Airport Hotel. Here are the finalists, by category. Governor’s award, a new category that honors…

Starwood dumps Marriott deal for competing offer

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Starwood Hotels & Resorts Worldwide Inc. intends to terminate its merger agreement with Marriott International Inc. unless the Bethesda-based hotelier can top the latest takeover bid of more than $13 billion from a group led by Chinese insurance giant Anbang Insurance Group Co. The Starwood board of directors determined the latest proposal from the Anbang consortium— which also includes J.C. Flowers & Co. and Primavera Capital Limited — is a “superior proposal” than the $12.2 billion bid…

Casinos, money laundering and wire transfers:...

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It’s a real-life heist that sounds straight out of Hollywood: $101 million in stolen funds, taken from a secure account, disappeared into a murky world of casinos and money laundering.



from http://www.wbaltv.com/money/casinos-money-laundering-and-wire-transfers-inside-a-global-bank-heist/38579954

Brexit would cost Brits more than $1,000 a year

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Quitting the European Union would lead to lower living standards for people in the U.K.



from http://www.wbaltv.com/money/brexit-would-cost-brits-more-than-1000-a-year/38579906

MedStar Georgetown University Hospital project...

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MedStar Georgetown University Hospital cleared a key hurdle Thursday night as a Washington, D.C., regulatory committee recommended approval of its proposed $567 million hospital building. The final decision on whether Columbia-based MedStar will be allowed to move forward with the project now rests with the director of the D.C. health planning commission, Amha Selassie, after the panel recommended the certificate of need approval. That recommendation was given under the condition that MedStar Georgetown…