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Merger expenses cause loss for Howard Bancorp
BaltimoreSun.com / Tue, 1 May 2018 08:45:00 PDT

Howard Bancorp reported a first quarter loss Tuesday due to expenses associated with its March 1 acquisition of First Mariner Bancorp.

The parent of Howard Bank, which relocated its headquarters to Baltimore, reported a loss of nearly $5.7 million, or 43 cents per share, for the January-to-March...

What companies want: millennials. What they’re offering: massages, student loan help
BaltimoreSun.com / Tue, 1 May 2018 08:56:00 PDT

It’s a culinary school and a fitness complex. On some days, it’s a farmers market.

“This is the culmination of everything you’ve been waiting for,” pitches Cerner Corp.’s website dedicated to the upcoming crop of college graduates.

In its nonstop hunt for young talent, what Kansas City’s medical-data...

Second Port Covington lawsuit filed against Kevin Plank by Under Armour shareholder
BaltimoreSun.com / Tue, 1 May 2018 09:55:00 PDT
A second Under Armour shareholder has filed a lawsuit against Kevin Plank and members of the company's board of directors, alleging that the sports apparel boss wrongly enriched himself in pursuing the Port Covington project.
Under Armour sees first-quarter loss, but sales beat estimates
BaltimoreSun.com / Tue, 1 May 2018 13:15:00 PDT

Under Armour posted its second quarterly loss in a row Tuesday, initially sending shares down nearly 7 percent in morning trading.

By Tuesday afternoon, Under Armour’s stock had ticked into positive territory, up 27 cents at $18.03 a share.

The Baltimore athletic apparel maker did beat sales estimates,...

Affordable housing quota is increasing in Baltimore County. Will the next county executive keep the
BaltimoreSun.com / Wed, 2 May 2018 02:00:00 PDT
In suburban Baltimore County, the issue of making affordable housing available to more families looms large, as tougher requirements from the federal government are about to kick in and the county prepares for new political leadership.
Apple says the iPhone X is doing just fine, expands stock buyback program by $100 billion
BaltimoreSun.com / Wed, 2 May 2018 05:53:00 PDT

The iPhone X is doing just fine - at least, according to Apple's latest financial results. The tech titan put to rest mounting worries about whether the phone's $1,000 price tag would hurt iPhone sales, instead reporting that the iPhone X drove it to record revenue for its second quarter.

The company...

Mall owners, retailers clash on avalanche of online returns
BaltimoreSun.com / Wed, 2 May 2018 07:06:00 PDT

Mall owners, already squeezed by e-commerce and spending billions on property makeovers to draw shoppers, have a new headache: retailers deducting returns for items bought online from their sales figures.

David Simon, chief executive officer of Simon Property Group, says a "significant number"...

Facebook’s mission to connect people now includes helping them date
BaltimoreSun.com / Wed, 2 May 2018 07:21:00 PDT

At Facebook's annual developer conference, chief executive Mark Zuckerberg announced changes to the social networking platform, including a function that allows users to delete information Facebook has gathered on them - and a dating tool.

Taking on a more somber and forceful tone than in previous...

Baltimore County Chamber names new president and CEO
BaltimoreSun.com / Wed, 2 May 2018 08:15:00 PDT

The Baltimore County Chamber of Commerce announced Wednesday that it’s named Brent Howard to become its new president and CEO on July 1.

Howard is a chamber insider, serving as the membership director since January 2017.

“We chose a candidate who will strengthen the Chamber’s foundation while adding...

New Budweiser beer is inspired by George Washington recipe
BaltimoreSun.com / Wed, 2 May 2018 11:14:00 PDT

Anheuser-Busch InBev is again rolling out a new Budweiser product, this time a red lager based on a recipe kept by President George Washington.

The new brew, called Budweiser Freedom Reserve Red Lager, is the second beer introduced under Budweiser’s Reserve Collection. The first was the Budweiser...

Fed keeps key rate steady but notes rising inflation
BaltimoreSun.com / Wed, 2 May 2018 11:25:00 PDT

The Federal Reserve is keeping its benchmark interest rate unchanged but says that inflation is climbing after years of being stuck below the Fed’s target level.

The Fed on Wednesday left its key short-term rate at 1.5 percent to 1.75 percent, the level it set in March after its sixth increase...

Southwest Airlines flight from Chicago to New Jersey diverted due to broken window
BaltimoreSun.com / Wed, 2 May 2018 14:35:00 PDT

A Southwest Airlines flight headed from Chicago to Newark, N.J., on Wednesday morning was diverted to Cleveland for maintenance after an aircraft window apparently developed a crack midflight.

The crew made the decision to divert due to a “potential crack” to the outer pane of a window, Southwest...

Alaskan Blockbuster hopes Russell Crowe’s jockstrap will support business
BaltimoreSun.com / Thu, 3 May 2018 05:32:00 PDT

A celebrity jockstrap that's been the buzz of Alaska for nearly two weeks went on display Wednesday at one of the nation's last Blockbuster video stores in an effort to ramp up business.

"I tell you, we're going to get a lot of traffic, is what I'm expecting," said Kevin Daymude, general manager...

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