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Ted Levitt announces he’s sold Chick and Ruth’s in Annapolis
BaltimoreSun.com / Mon, 18 Sep 2017 19:00:00 PDT

An Annapolis landmark for more than 50 years has a new owner.

Ted Levitt, owner of Chick n' Ruth’s on Main Street, announced on his personal Facebook page at 8 p.m. Monday that he has sold the business started by his parents.

“After 52 years of working in my family business I thought it would be...

Erickson Living to open new retirement community in Fairfax
BaltimoreSun.com / Tue, 19 Sep 2017 05:55:00 PDT

Erickson Living, a Baltimore-based retirement community developer and manager, is opening a new facility in Fairfax County.

Erickson has entered into an agreement to purchase the 78-acre Northern Virginia Training Center sites in Fairfax from Virginia to convert into an age-restricted continuing...

Toys R Us files for bankruptcy but keeps stores open
BaltimoreSun.com / Tue, 19 Sep 2017 05:20:00 PDT

Toys R Us, the big box toy retailer struggling with $5 billion in debt and intense online competition, has filed for bankruptcy protection ahead of the key holiday shopping season — and says its stores will remain open for business as usual.

The company said the proceedings are a way for Toys R...

Greenmount Avenue warehouse to be converted to 50 artist apartments
BaltimoreSun.com / Tue, 19 Sep 2017 07:00:00 PDT

A Baltimore developer plans to turn a vacant warehouse near Green Mount Cemetery into a 50-unit apartment building for artists.

Half the units are to be made available at a reduced rate by allowing artists to barter services such as painting or providing art to decorate the building, in exchange...

Don’t expect a big raise next year, survey says
BaltimoreSun.com / Tue, 19 Sep 2017 10:25:00 PDT

About that pay raise next year: Don’t expect much of a bump in salary, and bonuses may be hard to come by as well, except for those perceived as high performers.

Salary increases are expected to be nearly flat next year at 3 percent, up slightly from 2.9 percent in 2017, according to an annual...

Tons of Amazon customers just got a baby registry email — one they weren’t expecting
BaltimoreSun.com / Wed, 20 Sep 2017 06:30:00 PDT

Amazon sent users a mass email Tuesday telling them that someone had bought a gift off their baby registry — but many recipients said they had no registries and were not expecting children anytime soon.

Awkward.

Twitter exploded in reaction as the message rippled across the email accounts of Amazon...

Senators question whether Dragonfly hacks hit Maryland power companies
BaltimoreSun.com / Tue, 19 Sep 2017 13:55:00 PDT

Responding to reports of an effort to hack into U.S. power companies, Sens. Ben Cardin and Chris Van Hollen are asking the Department of Homeland Security whether any firms in Maryland were hit.

In a letter to acting Homeland Security Secretary Elaine Duke, the two Democrats said they are concerned...

Fed announces a start to modestly reducing its bond holdings
BaltimoreSun.com / Wed, 20 Sep 2017 12:18:00 PDT

The Federal Reserve will begin shrinking the enormous portfolio of bonds it amassed after the 2008 financial crisis to try to sustain a frail economy. The move reflects a strengthened economy and could mean higher rates on mortgages and other loans over time.

The Fed announced Wednesday that it...

President of Economic Alliance of Greater Baltimore to step down
BaltimoreSun.com / Tue, 19 Sep 2017 13:00:00 PDT

Shannon Landwehr, president and CEO of the Economic Alliance of Greater Baltimore, will step down at the end of the year, the organization announced.

Landwehr, who has led the regional economic development association since April 2016, plans to pursue “other professional opportunities,” the group...

FCC requests additional information on Sinclair Broadcast deal to acquire Tribune Media
BaltimoreSun.com / Tue, 19 Sep 2017 13:05:00 PDT

Federal regulators are asking Sinclair Broadcast Group Inc. to show how it plans to comply with TV station ownership limits after it completes its proposed $3.9 billion takeover of Tribune Media Co.

The Federal Communications Commission said it needs that and other information to determine whether...

Chemical company will investigate acid leak in South Baltimore
BaltimoreSun.com / Tue, 19 Sep 2017 14:25:00 PDT

Officials from Solvay USA Inc. launched an investigation Tuesday into a toxic acid leak at the company’s chemical plant in South Baltimore’s Fairfield industrial area.

After a cloud of chlorosulfonic acid escaped into the air Monday morning as a tank truck was being unloaded, nearby workers and...

Comptroller backs Baltimore as best option for Amazon headquarters
BaltimoreSun.com / Wed, 20 Sep 2017 09:00:00 PDT

Democratic Comptroller Peter Franchot on Wednesday joined a chorus of officials praising Baltimore’s Port Covington project as the best way to lure Amazon’s prized new headquarters to Maryland.

“Port Covington would be the perfect site for Amazon,” Franchot said during his opening remarks at the...

Live Baltimore to offer $5,000 incentives during homebuying event
BaltimoreSun.com / Mon, 18 Sep 2017 12:00:00 PDT

Prospective homebuyers could snag a $5,000 incentive Saturday during Live Baltimore’s “Buying into Baltimore” event.

Beginning at 8 a.m. at Baltimore Polytechnic Institute, attendees will go on a tour around city neighborhoods including Hunting Ridge, Hanlon-Longwood, Edmondson Village, Rognel...

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