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Regional banks BB&T, SunTrust join to create nation’s 6th largest bank, 3rd largest in Baltimore
BaltimoreSun.com / Thu, 7 Feb 2019 08:00:00 PST

Southern banking giants BB&T and SunTrust announced they would merge in a $66 billion deal, the first big bank merger since the chaos of the 2008 financial crisis.

The deal would create yet another financial titan in the U.S. The combined company will be the sixth-largest retail bank in the country,...

Vice President Mike Pence to visit Port of Baltimore for briefing on customs security technology
BaltimoreSun.com / Thu, 7 Feb 2019 11:35:00 PST

Vice President Mike Pence will visit the Port of Baltimore on Friday to see technology that customs agents use to scan shipping containers, trucks, rail cars and cargo for illegal narcotics and weapons, the White House announced.

After a briefing on the Non-Intrusive Inspection Systems Program...

Celebree School launches franchise model for states along East Coast
BaltimoreSun.com / Thu, 7 Feb 2019 15:15:00 PST

Lutherville-based Celebree School, which runs 26 early childhood education centers in Maryland and Delaware, plans to grow through a franchise business model and is looking for operators to open new schools in Maryland and eight other states.

The business is offering franchises in Maryland, Delaware,...

Home Depot to open warehouses at Tradepoint Atlantic in Baltimore County
BaltimoreSun.com / Thu, 7 Feb 2019 11:15:00 PST

Home Depot plans to open two warehouses at Tradepoint Atlantic in Sparrows Point as part of a push to speed delivery to its customers and stores.

The Atlanta-based retailer has released few details on the plans to locate at the site of the former Bethlehem Steel mill, but spokeswoman Margaret Smith...

Maryland insurance regulator charged 76 with fraud last year
BaltimoreSun.com / Fri, 8 Feb 2019 10:30:00 PST

The Maryland Insurance Administration announced that for all of 2018 the regulator charged 76 people and businesses with insurance fraud, 64 with civil orders and 12 criminally.

The cases resulted in a total of $320,671 in fines, penalties and restitution, the agency said.

The administration partners...

Facing opposition, Amazon reassessing N.Y. headquarters site, two officials say
BaltimoreSun.com / Fri, 8 Feb 2019 17:37:00 PST

Amazon.com is reconsidering its plan to bring 25,000 jobs to a new campus in New York City, according to two people familiar with the company's thinking, following a wave of political and community opposition.

Hailed as an economic triumph when it was announced by Gov. Andrew Cuomo, D, and Mayor...

No-frills Southwest may start charging for some frills
BaltimoreSun.com / Fri, 8 Feb 2019 09:10:00 PST

Southwest Airlines CEO Gary Kelly piqued investor curiosity recently when he said new ways to generate revenue are "under construction.''

The discounter barely has a toe in the big pool of money that rivals collect from so-called ancillary fees for, say, food bought on board or preferred seating....

Maryland lawmakers hear hours of testimony on $15 minimum wage bill, seek ‘sweet spot’ of salary sol
BaltimoreSun.com / Fri, 8 Feb 2019 15:10:00 PST

Maryland lawmakers heard hours of conflicting testimony Friday on whether to raise the state's minimum wage to $15 per hour.

The lengthy afternoon hearing was the first step in what’s expected to be one of the most significant policy debates during this General Assembly session.

Proponents of raising...

Butcher sues city, says Cross Street Market renovation killed 140-year-old business
BaltimoreSun.com / Sat, 9 Feb 2019 02:00:00 PST

As the fourth generation to work at his family’s butcher shop at the Cross Street Market, Brett Nunnally knew the aging facility needed renovation. He never thought, though, that Nunnally Brothers would get priced out of the upgraded marketplace.

Offered a lease that raised his rent but decreased...

JPMorgan Chase to put $3.65 million toward minority business development in Baltimore-Washington are
BaltimoreSun.com / Mon, 11 Feb 2019 03:00:00 PST

Banking giant JPMorgan Chase & Co. planned to announce today that it and partners will give $6.65 million to community groups in the Baltimore-Washington region that lend money to minority-owned businesses and entrepreneurs to help them start and grow businesses.

In Baltimore, money will go to...

What’s in a wage? From pizza shop owners to house cleaners, voices on raising Maryland’s hourly mini
BaltimoreSun.com / Mon, 11 Feb 2019 02:00:00 PST

Thousands of Maryland workers and business owners stand to be affected if state lawmakers raise the minimum wage from $10.10 per hour to $15.

Lobbyists and advocates for workers and businesses are pressing legislators on both sides of the issue, with some saying it’s vital that someone working...

Why do automakers fear car-sharing? Take a look at Moscow.
BaltimoreSun.com / Mon, 11 Feb 2019 06:25:00 PST

When Evgeny Barkov owned a car, the 31-year-old software salesman would often look out of his Moscow window at it with disgust. His possession sat unused more than 90 percent of time, while sucking up money and causing him anxiety that it might break down.

He finally took out a calculator, added...

Former military hospital in Baltimore near Hopkins campus to get new life as academic center
BaltimoreSun.com / Tue, 12 Feb 2019 02:00:00 PST

The Johns Hopkins University plans to make over a 1930s-era hospital building on the edge of its Homewood campus that was originally established by Congress to care for sick and disabled seamen for academic purposes.

The building, originally the 290-bed Baltimore Marine Hospital, has served many...

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