Baltimore Checkbook

BGE makes case for another rate hike

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If you’re a BGE customer, your energy bills may be getting more expensive.



from http://www.wbaltv.com/money/bge-makes-case-for-another-rate-hike/38578294

These are the five venture capitalist firms that...

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Venture capitalists had a big year in Maryland in 2015. In the four quarter of last year, they invested more than $451 million in 14 different Maryland companies — the largest quarter ever in the state since 2006. This week’s list recognized some of the most active investment companies, ranking them based on the amount of money they invested in Maryland companies in 2015. The No. 1 company secured the top spot with $166.67 million invested. Below, you can see the top five venture capital firms…

8 things you need to know this morning

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TGIF! Though it will be hard to beat a Thursday that was both St. Patrick’s Day and the start of the NCAA tournament. Even if you’ve had enough corned beef and green beer, you definitely didn’t get enough college basketball. There’s plenty more to come this weekend. Here’s what else you need to know to get your day going. If you can’t get enough stats surrounding the NCAA tournament, check out ESPN’s 2016 March Madness Predictions. It updates live the in-game win possibilities and chances of advancing.…

Light City may become Baltimore's South by...

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Jamie McDonald isn’t quite sure who will show up for Light City Baltimore. “It’s a first-time festival so we have no way of knowing,” she said. McDonald isn’t worried. She said excitement is building around the March 28-April 3 event. Besides, she knows it takes time for a festival to really catch on. She compares it to South by Southwest, the festival that put Austin, Texas, on the map and Art Basel, the art extravaganza in Miami that started out really small. “They really redefine…

CareFirst renews 655,000 square feet of space in...

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CareFirst BlueCross BlueShield has renewed seven leases across six buildings for a total of 655,000 square feet of space in Owings Mills. The lease renewals ensure some 2,200 CareFirst employees will stay put through 2028. CareFirst, the largest insurer in Maryland, has corporate headquarters based in Baltimore, in the Canton Crossing town that bears its name. The nonprofit also has a corporate office in Washington, D.C. CareFirst’s offices in Baltimore County are clustered near the Owings Mills…

Bumble Bee Foods, Tri-Union Seafoods recall tuna

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Bumble Bee Foods and Tri-Union Seafoods are voluntarily recalling canned chunk light tuna because of possible health risks.



from http://www.wbaltv.com/health/bumble-bee-foods-triunion-seafoods-recall-tuna/38569272

The Top 1% haven't recovered yet, either

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Turns out the middle class aren’t the only ones suffering from stagnating incomes. The income of the Top 1 percent is also below where it was before the Great Recession, largely because America’s richest took a massive hit during the economic downturn. They…



from http://www.wbaltv.com/money/the-top-1-havent-recovered-yet-either/38576920

Maryland lawmakers work on tax-relief proposals

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The state Senate unanimously passes the state budget Thursday, sending it to the House – and income tax relief is not far behind.



from http://www.wbaltv.com/politics/maryland-lawmakers-work-on-taxrelief-proposals/38569668

Economic Alliance of Greater Baltimore names...

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The Economic Alliance of Greater Baltimore has appointed Shannon Landwehr as interim president and CEO. Landwehr is currently the business advocacy group’s executive vice president. She will replace CEO Thomas Sadowski, who said Wednesday he will take on the role of vice chancellor for economic development for the University System of Maryland, effective May 2. Landweher has been with the Economic Alliance since June. She was previously an executive with Morgan Stanley. The group’s board will…

Here's how much we'll spend on NCAA brackets this...

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You may not think much of it when you toss in a few bucks to join your office’s NCAA brackets pool, but all those bets add up fast.



from http://www.wbaltv.com/money/heres-how-much-well-spend-on-ncaa-pools-this-year/38567342