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Baltimore Sun Media Group planning move to Port Covington
BaltimoreSun.com / Thu, 4 Jan 2018 13:15:00 PST

The Baltimore Sun Media Group is in negotiations to move from its longtime headquarters on North Calvert Street to its printing plant in Port Covington.

The company expects to move newsroom and business operations for The Baltimore Sun and several community newspapers to renovated space in its...

Maryland ranks 9th in U.S. in robocall complaints
BaltimoreSun.com / Thu, 4 Jan 2018 13:25:00 PST

Maryland ranks ninth in the U.S. in complaints about robocalls, the Federal Trade Commission said in a report.

Consumers and businesses that signed up on the national Do Not Call Registry filed 7.2 million complaints about robocalls and live telemarketers in fiscal 2017, up from 5.23 million complaints...

Trump policy change on marijuana raises questions in Maryland
BaltimoreSun.com / Thu, 4 Jan 2018 14:00:00 PST

The Trump administration announced Thursday that it was rescinding an Obama-era policy that had allowed states to legalize marijuana, raising questions about how Maryland's fledgling medical cannabis industry might be affected.

U.S. Attorney General Jeff Sessions issued a memo saying that federal...

Tennis champion Sloane Stephens, long with Under Armour, signs with Nike
BaltimoreSun.com / Thu, 4 Jan 2018 14:30:00 PST

Sloane Stephens, formerly Under Armour’s top female tennis endorser, says she has signed a new deal with Nike.

Just four months removed from winning the U.S. Open wearing Under Armour gear, Stephens posted the news with a photo on Instragram.

“I am so excited to share with you all that I have officially...

Dow Jones industrial average tops 25,000 for first time, continuing its history-making rise
BaltimoreSun.com / Thu, 4 Jan 2018 14:31:00 PST

The closely watched Dow Jones industrial average topped 25,000 points for the first time Thursday, continuing a record-setting run that has generated trillions in market value for investors.

The bellwether gauge crossed the historic milestone shortly after the start of the day's trading, a feat...

Trump administration’s crackdown on pot sales could push banks out of cannabis industry
BaltimoreSun.com / Fri, 5 Jan 2018 03:00:00 PST

Atty. Gen. Jeff Sessions’ decision Thursday to scrap an Obama-era policy that offered legal shelter for state-sanctioned marijuana sales may not necessarily lead to a wave of federal drug busts. But it could crimp California’s budding pot industry in another way: by cutting its already-tenuous...

Southwest spends $15 million to settle lawsuit alleging collusion among airlines
BaltimoreSun.com / Fri, 5 Jan 2018 05:46:00 PST

Southwest Airlines has agreed to pay $15 million to settle a lawsuit that accuses the nation’s four biggest air carriers of colluding to limit capacity to keep air fares high.

The Dallas-based airline said it continues to reject the allegations made by dozens of passengers in several lawsuits that...

Months after Equifax data breach, we’re still no closer to privacy protections
BaltimoreSun.com / Fri, 5 Jan 2018 06:43:00 PST

This is the year privacy safeguards finally kick in for consumers after outraged lawmakers wasted no time passing legislation in the wake of the Equifax data breach, which exposed the personal information of more than 145 million Americans.

I’m just kidding.

After lots of huffing and puffing for...

U.S. employers add modest 148,000 jobs, but suggesting economy has momentum
BaltimoreSun.com / Fri, 5 Jan 2018 06:54:00 PST

U.S. employers added 148,000 jobs in December, a modest gain but still enough to suggest that the economy entered the new year with solid momentum.

The unemployment rate remained 4.1 percent for a third straight month, the lowest level since 2000, the Labor Department said Friday.

For all of 2017,...

Kmart will close Crofton and Salisbury stores
BaltimoreSun.com / Fri, 5 Jan 2018 07:45:00 PST

Kmart will shutter stores in Crofton and Salisbury in April as part of Sears Holdings’ latest round of closures of unprofitable Kmart and Sears locations.

The Illinois-based retailer plans to close 103 stores around the country between early March and early April as it attempts to turn around the...

Five minutes with Hall Chaney, president of Chaney Enterprises
BaltimoreSun.com / Fri, 5 Jan 2018 09:00:00 PST

As a kid, Francis “Hall” Chaney III liked playing with dirt.

That hasn’t changed for the 34-year-old president of Chaney Enterprises, a Gambrills-based supplier of ready-mix concrete, sand, gravel, stone, blended soils and other construction materials.

“We grow up, and people tell us that’s not...

Economists optimistic on outlook for Maryland, U.S. in 2018
BaltimoreSun.com / Fri, 5 Jan 2018 11:55:00 PST

Baltimore economist Anirban Basu said he is optimistic about the economy in 2018, but suggested a breaking point may be coming in the years ahead.

Maryland has added jobs at a rate that outpaced all but six states, businesses are growing, and consumer confidence is high.

“Time is on our side,”...

After better than expected holiday season, a ‘reckoning time’ for retailers
BaltimoreSun.com / Fri, 5 Jan 2018 13:10:00 PST

Consumers have unwrapped their holiday gifts. Now, it’s retailers’ turn to see what the holiday season brought them.

Companies and their lenders are tallying sales, calculating returns and weighing prospects for the year ahead. It’s “the reckoning time,” said Frank Layo, managing director at consulting...

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