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Proposal would let employees use tax-free health accounts for fitness costs
BaltimoreSun.com / Wed, 18 Jan 2017 17:36:00 PST
Imagine paying for a yoga class, gym membership or child's soccer cleats with money set aside before taxes in an employer-sponsored account much as many people already do for out-of-pocket medical expenses and child care.
That's what could happen under a proposal gaining bipartisan support in Congress...
GM to pay $1M penalty for ignition switch accounting trouble
BaltimoreSun.com / Wed, 18 Jan 2017 10:44:00 PST
General Motors will pay the federal government a $1 million civil penalty for violating accounting rules involving the company's deadly ignition switch scandal.
The penalty, announced Wednesday as a settlement with the U.S. Securities and Exchange Commission, is for failing to have accounting controls...
Evergreen Health finalizes deal with investors, severs ties with federal co-op program
BaltimoreSun.com / Wed, 18 Jan 2017 16:09:48 PST
Evergreen Health, an innovative Baltimore-based health insurer, took a big step toward assuring its future by finalizing a deal to repay part of a federal startup loan and sever ties with the Affordable Care Act program under which it was founded.
The deal with federal health regulators, made possible...
The mystery of American Airlines’ ailing flight attendants
BaltimoreSun.com / Wed, 18 Jan 2017 08:49:00 PST
From oozing blisters and wheezing to rashes, itchy eyes, and sore throats, numerous American Airlines Group flight attendants say their new work uniforms are making them sick.
But after a battery of tests and a tense back-and-forth among their union, the airline, and the uniform supplier, it's...
Laureate looks for almost $500 million from IPO
BaltimoreSun.com / Wed, 18 Jan 2017 15:33:06 PST
Laureate Education, a Baltimore-based company that owns and operates universities around the world, said Wednesday it hopes to raise almost $500 million in its previously announced public offering of its stock.
The firm is selling 29 million shares in the initial public offering, with pricing expected...
American mimics United with fare barring use of overhead bin
BaltimoreSun.com / Wed, 18 Jan 2017 10:57:00 PST
American Airlines followed United Continental in announcing no-frills tickets that limit carry-on bags to those that fit under a seat, bolstering efforts to compete with fast-growing fare discounters.
The new basic-economy tickets will go on sale Feb. 10 in select domestic markets, and the first...
Maryland settles lawsuit with drug maker accused of creating a monopoly
BaltimoreSun.com / Wed, 18 Jan 2017 15:33:00 PST
Maryland joined four other states and the Federal Trade Commission in announcing a $100 million settlement Wednesday with Mallinckrodt ARD Inc., formerly known as Questcor Pharmaceuticals Inc., for allegedly monopolizing the market for a lifesaving drug called Acthar.
Acthar is a therapeutic adrenocorticotropic...
Health exchange on pace to meet, exceed enrollment this year
BaltimoreSun.com / Wed, 18 Jan 2017 14:40:00 PST
With less than two weeks left to sign up for insurance under the Affordable Care Act, advocates and officials launched their last push to draw Maryland residents.
The effort announced Wednesday involves enrolling people through churches and other faith-based groups, a campaign called "Extol & Enroll."...
New Amazon distribution center in Cecil County brings hope to corridor
BaltimoreSun.com / Wed, 18 Jan 2017 16:58:00 PST
The announcement that Amazon would open a new distribution center in Cecil County brought hopes that the warehouse could revive the Northeast Maryland Interstate 95 corridor as a distribution stronghold.
The 1.2 million-square-foot distribution center, to be built in a business park in North East...
Hogan names new ombudsman for small business
BaltimoreSun.com / Wed, 18 Jan 2017 13:07:00 PST
Gov. Larry Hogan has named entrepreneur Randall K. Nixon as small-business ombudsman, a position designed to help businesses navigate state government.
Nixon succeeds Roger Campos, who was the first ombudsman and recently became assistant secretary at the Department of Housing and Community Development....
BWI gym set to open this month with rentable workout clothes, even sneakers
BaltimoreSun.com / Wed, 18 Jan 2017 10:23:10 PST
A full-service gym with treadmills, stationary bikes, free weights, showers and rentable workout clothes, even sneakers, is scheduled to open at the end of January at Baltimore-Washington International Thurgood Marshall Airport.
The ROAM Fitness gym was first planned to open in the fall, but delayed...
Plan for White Marsh outlets in limbo
BaltimoreSun.com / Wed, 18 Jan 2017 14:50:19 PST
A 100-store outlet mall planned for White Marsh is in limbo as the owner of the property considers selling the site.
The turn comes shortly after a fight over the plans appeared to have been settled as Baltimore County voters backed zoning that would allow the outlets to proceed.
The Lightstone Group,...
Casual spinoff of The Helmand opens near Johns Hopkins Hospital
BaltimoreSun.com / Wed, 18 Jan 2017 08:18:00 PST
A casual spinoff of the popular Afghan restaurant The Helmand has opened its doors near Johns Hopkins Hospital.
The Helmand Kabobi opened last week at 855 N. Wolfe St. in Baltimore's Middle East neighborhood.
"It's pretty much almost like a casual version of the Helmand," owner Helmand Karzai...
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