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Under Armour, Nike, Adidas race to ‘personalize’ products with new technology
BaltimoreSun.com / Wed, 3 Jan 2018 09:30:00 PST

When Olympic skiing champion Lindsey Vonn needs custom-fitted workout clothes or cross-training shoes, she contacts Under Armour, her longtime sponsor.

“I’ve got a 3D body scan,” Vonn said, “so whenever we need to make something custom, like a new turtleneck, they can get that going.”

Most of the...

Account error has Capital One customers seeing double
BaltimoreSun.com / Wed, 3 Jan 2018 12:25:00 PST

Capital One customers around the country awoke on Wednesday to see multiple charges for the same debit card transactions on their accounts.

Capital One posted a message on Twitter Wednesday saying the bank was aware of the problem and working on it: "We apologize that some customers are seeing...

Williams Scotsman acquires modular space company
BaltimoreSun.com / Wed, 3 Jan 2018 14:15:00 PST

Williams Scotsman, a Baltimore-based modular space rental company, has acquired a similar Midwestern company known as Tyson Onsite.

Financial terms were not disclosed.

The deal expands Williams Scotsman’s reach to encompass Indianapolis-based Tyson Onsite’s Midwestern customers and adds 1,750 modular...

Annapolis bank is one of the first in Maryland to accept medical cannabis business
BaltimoreSun.com / Wed, 3 Jan 2018 16:30:00 PST

An Annapolis-based community bank has become one of the first financial institutions in the state to allow medical marijuana businesses to open accounts and avoid running cash-only operations.

Severn Bank decided shortly after the state legalized marijuana for medical use in 2013 that the fledgling...

Cancer researcher awarded first project under Deerfield, Hopkins partnership
BaltimoreSun.com / Thu, 4 Jan 2018 05:00:00 PST

A cancer researcher has been awarded the first project under a new collaboration between investment firm Deerfield Management and The Johns Hopkins University designed to help bring more medical treatment and drugs to market.

Dr. Marikki Laiho, director of the Johns Hopkins University School of...

What a weak dollar means in 2018: staycations and local shopping
BaltimoreSun.com / Thu, 4 Jan 2018 05:05:00 PST

U.S. consumers may soon begin to feel some pain from the dollar's downturn, although the recent slide in the world's main reserve currency isn't bad news for everyone in America.

The greenback has dropped 8 percent in 2017 and is on track for its first annual decline in five years. It weakened...

Job market delivered for Trump in 2017, but 2018 may be tougher
BaltimoreSun.com / Thu, 4 Jan 2018 05:23:00 PST

The U.S. job market performed better than economists expected during President Donald Trump's first full year in office. Repeating such gains may be considerably tougher in 2018.

The economy probably added 2.11 million jobs in 2017, including an estimated 190,000 workers in December, the median...

Some Oregonians panic about new self-service gas law: ‘NO THANKS!’
BaltimoreSun.com / Thu, 4 Jan 2018 05:30:00 PST

A new law that took effect this week in Oregon will allow residents in rural counties to pump their own gas - a divergence from the state's decades-long history of having attendants pump gas for drivers.

Under House Bill 2482, which took effect Monday, retailers in counties with a population of...

Personal Genome Diagnostics closes $75 million financing round
BaltimoreSun.com / Thu, 4 Jan 2018 08:15:00 PST

Personal Genome Diagnostics, a Baltimore-based cancer diagnostics company, has raised $75 million to expand access to genomic testing for cancer patients.

The Series B financing round was led by pharmaceutical giant Bristol-Myers Squibb and existing investor New Enterprise Associates with contributions...

Obamacare enrollment in Maryland fall just below last year’s numbers
BaltimoreSun.com / Thu, 4 Jan 2018 09:00:00 PST

Marylanders enrolled in private health plans under Obamacare in almost the same numbers as last year, despite threats to the landmark law that made health insurance more accessible.

A total of 153,571 people enrolled in private health plans, according to figures released Thursday by the Maryland...

New Maryland property assessments show continued rise in property values
BaltimoreSun.com / Thu, 4 Jan 2018 10:25:00 PST

Property values in Maryland continued to rise in new assessments of nearly 752,000 residential and commercial properties.

Home values rose an average of 5.8 percent over the last three years, according to the latest evaluations by the Maryland Department of Assessments and Taxation. Commercial...

Pot stocks plunge on report U.S. to rescind expansion policy
BaltimoreSun.com / Thu, 4 Jan 2018 11:13:00 PST

Cannabis stocks plunged on a report that U.S. Attorney General Jeff Sessions is moving to revoke policies that allowed the legalization of marijuana to spread across several U.S. states -- including California, which is now the world's biggest market for the drug.

Canada's Canopy Growth Corp.,...

Boeing: the company that carried the Dow to its new record
BaltimoreSun.com / Thu, 4 Jan 2018 11:17:00 PST

If you want to know why the Dow soared above 25,000, I'll give you a one-word answer: Boeing.

The aircraft maker is by far the single largest reason that the Dow Jones industrial average, to give the oh-so-popular market indicator its full name, is flying high. Through Dec. 22, Boeing stock was...

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