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Billionaire Patrick Soon-Shiong negotiating deal to buy L.A. Times from Tronc
BaltimoreSun.com / Wed, 7 Feb 2018 03:20:00 PST

Los Angeles biotech billionaire Patrick Soon-Shiong is nearing a deal to buy the Los Angeles Times and the San Diego Union-Tribune from its parent company, Tronc, according to two people familiar with the talks.

The nearly $500 million deal, if consummated, would return The Times to local ownership...

Ben & Jerry’s latest to go low-calorie to take on Halo Top
BaltimoreSun.com / Wed, 7 Feb 2018 05:52:00 PST

The competition among low-calorie ice creams is heating up.

Ben & Jerry's, known for its ice cream filled with chunks of fudge, brownies or cookie dough, is the latest big brand to launch a slimmed-down version of its frozen treats. It's an effort to better compete with Halo Top, a low-calorie,...

Fifth CEO of Osiris Therapeutics since 2016 to resign on Friday
BaltimoreSun.com / Wed, 7 Feb 2018 09:00:00 PST

Osiris Therapeutics has announced that Linda Palczuk, its fifth CEO since 2016, has resigned effective Friday.

Palczuk, who became president and CEO of the long-troubled biotechnology company in Columbia last summer, is taking a position as chief operating officer at Verrica Pharmaceuticals in...

Chipotle, citing tax changes, sends bonuses, ups benefits
BaltimoreSun.com / Wed, 7 Feb 2018 10:51:00 PST

Chipotle is the latest company to give out one-time cash and stock bonuses, and will broaden parental leave benefits for workers following sweeping changes to U.S. tax law.

The announcement follows similar actions at big companies including Walmart, Starbucks and Disney.

Qualified hourly and salaried...

Tax cut, bonuses for workers? Many businesses not sure yet
BaltimoreSun.com / Wed, 7 Feb 2018 11:53:00 PST

Small business owners may want to hand out bonuses and raises now that there's a new tax law, but many don't know if they'll have any wealth to share.

"We didn't base any raises or bonuses on the tax situation because, quite frankly, until it actually happens, no one's sure what's going to happen,"...

Space sports car now flying toward asteroid belt beyond Mars
BaltimoreSun.com / Wed, 7 Feb 2018 12:52:00 PST

The world's first space sports car is cruising toward the asteroid belt, well beyond Mars.

SpaceX chief Elon Musk confirmed the new, more distant route for his rocketing Tesla Roadster. The red electric convertible was the unorthodox cargo aboard his company's brand new Falcon Heavy rocket during...

SECU CEO Rod Staatz to retire at end of 2018
BaltimoreSun.com / Wed, 7 Feb 2018 13:35:00 PST

Rod Staatz, the president and CEO of SECU since 2003, plans to retire at the end of 2018, the credit union announced Wednesday.

With $3.3 billion in assets, SECU is Maryland’s largest credit union. Based in Linthicum, SECU serves more than a quarter million members through 22 branches and a network...

Maryland property insurer left customer data temporarily exposed online
BaltimoreSun.com / Wed, 7 Feb 2018 14:30:00 PST

A local property insurer called the Maryland Joint Insurance Association left data about some of its customers exposed online, but there’s no evidence it was accessed improperly.

The exposed data was found by a California-based cybersecurity firm known as UpGuard that notified the insurer, which...

Billionaire Patrick Soon-Shiong reaches deal to buy L.A. Times and San Diego Union-Tribune
BaltimoreSun.com / Wed, 7 Feb 2018 18:40:00 PST

For more than a century, one family owned the Los Angeles Times and used the newspaper to build great wealth and exert political influence over how the city would take shape.

But over the years, the Chandler family — descendants of hard-charging Civil War veteran Gen. Harrison Gray Otis, who bought...

The mysterious tale of the couple who keep receiving free Amazon packages — and want it to sto
BaltimoreSun.com / Wed, 7 Feb 2018 21:38:00 PST

The first items to arrive were the plastic fan - which plugs into your computer's USB port - and the phone charger that doubles as an electric hand warmer.

It was October. Kelly Gallivan, 68, remembers seeing the Amazon box addressed to her husband sitting outside their Acton, Massachusetts, house....

Sears, once an appliance powerhouse, sees sales shrink despite growing demand
BaltimoreSun.com / Thu, 8 Feb 2018 04:00:00 PST

After a quarter century with the same countertops and cabinets in their Glen Ellyn home, the Cook family decided it was time for a change.

Many changes, actually — among them a full lineup of new appliances.

“This is the first stop, but it won’t be the only one,” said Tracey Cook, 49, while her...

Southwest plane slips before takeoff at BWI Airport
BaltimoreSun.com / Thu, 8 Feb 2018 06:45:00 PST

A Southwest Airlines plane skidded on a taxiway while turning before takeoff at BWI Marshall Airport on Wednesday morning, coming to rest with the nose of the plane hanging over the grass.

Airport officials said the cause of the skid is under investigation. No injuries were reported.

The Boeing...

Taco Bell, KFC to deliver, announce deal with GrubHub
BaltimoreSun.com / Thu, 8 Feb 2018 05:26:00 PST

As the big fast food restaurants increasingly see the potential of pushing convenience beyond the drive-thru, Taco Bell and KFC are expanding delivery nationwide in partnership with Grubhub.

Yum Brands, which owns both restaurants, said Thursday that Grubhub will provide the delivery people and...

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