Baltimore Checkbook

Sinclair takes stake in mobile video firm Burst

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Sinclair Broadcast Group Inc. is again wading into new media, taking a stake in Boston mobile video platform Burst. Hunt Valley-based Sinclair (NASDAQ: SBGI), one of the largest owners of over-the-air television stations in the country, made an undisclosed equity investment in Burst, the mobile video company said Monday. Sinclair took the stake through its Sinclair Digital Ventures subsidiary, which it started in 2015 to invest in early-stage digital technology and content companies. The Burst…

Exelon and Pepco offer new deal to save $6.8...

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Exelon Corp. and Pepco Holdings Inc. have offered an alternative to save their $6.8 billion merger and in hopes of winning the approval of Washington, D.C., regulators and politicians. The two companies have proposed creating a $45.6 million fund that would protect residential ratepayers through 2019 and set aside $20 million to protect commercial customers and government agencies as the D.C. Public Service Commission saw fit. This would be a reallocation of its promised $78 million in incentives,…

America's B+ economy: Is this as good as it gets?

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There’s a really good reason the stock market has surged nearly 10% in the past month: the U.S. economy is looking a little like the Energizer Bunny.



from http://www.wbaltv.com/money/americas-b-economy-is-this-as-good-as-it-gets/38384946

Gold rush! Yellow metal in a bull market

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Gold is now in a bull market. The yellow metal has soared 20 percent so far this year.



from http://www.wbaltv.com/money/gold-rush-the-yellow-metal-is-in-a-bull-market/38382918

Former T. Rowe Price CEO Kennedy joins United...

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Former T. Rowe Price Group Inc. CEO James A.C. Kennedy has a new gig lined up for retirement: Help pilot an airline that’s gone though a lot of turbulence lately. Kennedy on Monday was announced as an appointment to the board of directors for Chicago-based United Continental Holdings Inc. (NYSE: UAL), the parent of United Airlines. He joins the airline’s board after stepping down as CEO at T. Rowe (NASDAQ: TROW) at the beginning of the year. He is preparing to soon officially retire from the Baltimore…

Plumbing in Essex MD | Call 410-983-6900

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Johns Hopkins to receive $4.8M over five years for...

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Johns Hopkins University will receive $4.8 million to build a crystal growth lab as part of a national research initiative to advance how crystal technology is used in medicine, industry and consumer products. Under the five-year, $25 million project funded by the National Science Foundation, Hopkins will work with Cornell, Princeton and Clark Atlanta universities to learn more about new materials that can be turned into crystals and how to speed the growth process. The initiative, called the Platform…

Vaccaro's celebrates 60 years in business with...

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Vaccaro’s Italian Pastry Shop will turn 60 this month, and it’s celebrating in true Italian fashion — with cannolis.

Vaccaro’s, which has locations in Little Italy, Canton, Bel Air and Hunt Valley, will offer its traditional large cannoli for 60 cents and a cookie assortment for $5.60 from March…

China burned through less foreign cash last month

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China is still tapping into its giant cash stockpile to fend off pressure on its currency, but the pace has slowed significantly.



from http://www.wbaltv.com/money/china-taps-into-foreign-currency-reserves-at-a-slower-pace/38378480

What Sanders should have said to Clinton about the...

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Bernie Sanders supported the auto industry bailout, but he did a horrible job explaining that in his debate with Hillary Clinton Sunday night.



from http://www.wbaltv.com/money/what-sanders-should-have-said-to-clinton-about-the-auto-bailout/38381488