Baltimore Checkbook

AAA: Maryland travel to be up 3% for Thanksgiving

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Just over one million Marylanders are expected to travel for Thanksgiving, the highest volume of traffic expected for the holiday since 2005. AAA expects that 1.03 million people in the state will travel 50 miles or more, an increase of 3 percent from last year. Nationally, 48.7 million Americans will hit the road or fly that weekend, which AAA defines as being between Nov. 23 and Nov. 27. Of the Marylanders traveling, 91 percent are expected to drive, 7 percent will fly and another 2 percent will…

Ten free entry days at U.S. National Parks in 2017

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The National Park Service will offer free admission oto U.S. National Parks on 10 days in 2017, according to a news release.

Visitors can explore the stunning beauty of Amerca’s public lands at more than 300 U.S. parks and monuments while celebrating the birthday of Martin Luther King Jr. on Jan….

Free movie tickets from AT&T and T-Mobile on...

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Eligible customers can get free movie tickets and other goodies from AT&T and T-Mobile on Tuesdays.

AT&T Thanks Ticket Twosdays offers buy-one-get-one-free tickets to area theaters. Enter your mobile number to get a code to enter at the website. Select your theater and movie and purchase ticket…

Baltimore-area apartment portfolio sells for $236M

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A pair of Los Angeles investment groups have paid $236 million for six apartment complexes spread across suburban Baltimore. TruAmerica Multifamily and funds managed by Ares Management (NYSE: ARES) acquired the 1,402-unit portfolio from UDR Inc. (NYSE: UDR). The properties are Dominion at Eden Brook and Dominion Kings Place in Columbia; Lakeside Mill in Owings Mills; Ellicott Grove in Ellicott City; Arborview at Riverside and Liriope in Belcamp; and Dominion Constant Friendship in Abingdon. The…

Why Ted Leonsis believes the Arena Football League...

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Ted Leonsis said the words of another sports mogul compelled him to push for an Arena Football League team in Baltimore: Kevin Plank. Leonsis, the CEO of Monumental Sports and Entertainment, said hearing the CEO of Under Armour talk about the potential of Baltimore gives him hope the city can support multiple sports franchises. “If you’ve ever hung around Kevin Plank and you hear him extol the virtues of everything Baltimore, it’s hard not to drink the Kool-Aid,” Leonsis said in an interview…

Get paid to learn: New Maryland program offers...

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A new apprenticeship program in Maryland will offer hands-on training and experience in IT and cyber fields to better prepare workers for employment in these in-demand fields. Two local education companies, TranZed Alliance and the Children’s Guild, have teamed up with a United Kingdom company specializing in apprenticeship services, 3aaa, to launch TranZed Apprenticeship Services, the first program of its kind in Maryland Several other countries, in Europe especially, have used apprenticeship…

Former Hopkins Federal chairman sues Bay Bank over...

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Former Hopkins Federal Savings Bank chairman Alvin M. Lapidus and his wife claim a former employee embezzled at least $1.45 million from their personal deposit accounts prior to the bank’s merger with Bay Bank. In a lawsuit filed Sept. 26 in U.S. District Court in Baltimore, Lapidus and his wife, Lois, accuse an unnamed vice president of writing Hopkins Federal Bank checks to third parties, stealing cash from the bank and transferring funds to the accounts of third parties. She then made false entries…

Ted Leonsis is bringing an Arena Football League...

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The Arena Football League is coming to Baltimore. Ted Leonsis, the CEO of Monumental Sports and Entertainment, announced Monday he is bringing a team to Baltimore in 2017, the same time he launches a team in Washington, D.C.. The new, yet-to-be-named Baltimore team will play in the 14,000-seat Royal Farms Arena. The AFL schedule runs between April and August. Appearing on WTOP radio Monday morning, Leonsis, who also owns the Washington Wizards in the NBA and Washington Capitals in the NHL, said…

Light City creators file countersuit against city,...

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The founders of Light City have filed a countersuit against the city of Baltimore and the Baltimore Office of Promotion & The Arts, denying they gave up rights to the festival or any relating trademarks. In turn, husband and wife Justin Allen and Brooke Hall, who allege they began conceptualizing Light City Baltimore in March 2010, want a trial by jury to determine that they own the trademarks to the event and gain compensatory and punitive damages due to the city using Light City trademarks without…

How the Zika virus could be a major bright spot...

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The mosquito-borne Zika virus — described in recent, grim federal warnings as “not controllable by current technologies"— could become an important source of hope for a regrouped Novavax Inc. Gaithersburg-based Novavax (NASDAQ: NVAX), still recovering from stunning negative results from its phase 3 trials of its lead respiratory syncytial virus (RSV) vaccine for older adults, said this week that it had "exciting preclinical data” from its new Zika program. That opens up a significant commercial…