The Illinois treasurer plans to yank billions of dollars worth of business from Wells Fargo in the wake of the bank’s fake-account scandal.
from http://www.wbaltv.com/money/illinois-to-yank-billions-from-wells-fargo-amid-scandal/41907172
Two bottles of orange juice each worth just $1.69 could wind up costing retail giant Dollar General more than $250,000. But had the store followed its own policy, it might have lived up to its slogan – and saved both time and money.
from http://www.wbaltv.com/national/dollar-general-facing-250k-bill-over-2-bottles-of-juice/41899992
Wells Fargo’s notorious pressure-cooker culture led the bank to force some hourly employees to work late without overtime pay, former workers say.
from http://www.wbaltv.com/money/wells-fargo-made-me-work-overtime-without-extra-pay/41899276
Wells Fargo customers are still reeling from the news that fraudulent accounts may have been opened in their names without their permission. But the reality is it can happen to anyone.
from http://www.wbaltv.com/money/worried-about-fake-bank-accounts-in-your-name-heres-what-you-need-to-know/41905794
Installing Positive Train Control technology on Maryland’s MARC system is hitting a snag. Although state money is in place, not everyone is on board with the time table.
from http://www.wbaltv.com/news/marc-timetable-to-implement-positive-train-control-undetermined/41903522
Instead of waiting like in past years, parents can start applying as early as Saturday for the Free Application for Federal Student Aid.
from http://www.wbaltv.com/education/fafsa-applications-open-saturday/41904444
Pampers is making its smallest diaper ever for the smallest of premature babies in the NICU unit.
from http://www.wbaltv.com/money/pampers-making-its-smallest-diaper-ever-for-premies/41904142
Greater Baltimore’s six biggest banks remained the same while there was some shifting among community banks, according to the latest market-share data released by the Federal Deposit Insurance Corp. Bank of America continues to hold the top spot, with $19 billion in local deposits and a 27 percent market share. M&T Bank, the area’s second-largest bank closed the gap slightly. With $15.5 billion in local deposits, the bank has a market share of 22 percent, up from 21.66 percent last year. PNC Bank,…
Warehouse retail king Costco recently ended its relationship with American Express in favor of a new one with Visa and Citigroup. And after a bit of a bumpy start, it looks like the new deal is starting to pay off.
from http://www.wbaltv.com/money/costcos-new-visa-card-is-off-to-a-hot-start/41900990
Do rants on social media about delayed or canceled flights do any good? Do airlines even read those posts?
from http://www.wbaltv.com/money/airlines-monitoring-your-social-media-posts-study-finds/41900140
Maryland’s treasury office is reviewing whether the state should stop doing business with Wells Fargo in light of the bank’s scandal over its use of fraudulent sales practices. The review comes after the state of California suspended doing business with the San Francisco-based bank for the next 12 months. The city of Philadelphia is also reviewing its relationship with the bank. Wells Fargo is being accused of opening as many as 1.5 million deposit accounts and 565,000 credit cards without customers’…
Construction of a six-story, 71-unit affordable housing building on downtown’s west side near Royal Farms Arena is expected to begin in early 2017. The L on Liberty will be located on what’s currently a surface lot at 213 and 215 Park Ave. It will be a $17 million apartment development that will also adjoin 105-107 Clay St. and and 208 and 210-216 N. Liberty St. to fill close to a solid city block. The city sold the properties last year to the Columbia-based Housing Trust of America LLC for $300,000…
A Howard County home complete with an indoor basketball court, theater room, full gym and arcade room is headed to auction. The 16,000-square-foot, four-story home at 13516 Paternal Gift Drive in Highland is going to be auctioned off on-site on Oct. 7 at 1 p.m. by New York-based DeCaro Auctions. There is no minimum bid. The southern Howard County home was previously listed at $5.3 million. The owners are Stephen and Jean Robinson, according to public records, the owners of Columbia-based cleaning…
The big fat U.K. economic collapse has not happened. At least not yet.
from http://www.wbaltv.com/money/100-days-after-brexit-vote-no-meltdown-yet/41894556
Walmart is taking another run at breaking into the Indian market – this time by writing a fat check.
from http://www.wbaltv.com/money/why-walmart-is-interested-in-indias-biggest-online-retailer/41895996
Deutsche Bank’s chief executive has made an appeal for calm, telling employees that worries over the bank’s financial health are vastly overstated.
from http://www.wbaltv.com/money/deutsche-bank-ceo-tells-staff-market-forces-are-trying-to-weaken-us/41894684
McCormick & Co. Inc.’s third-quarter earnings rose 31 percent on rising sales from recent acquisitions, topping expectations set by Wall Street. The Sparks-based spice maker reported earnings of $127.7 million, or $1 per share, for the quarter ending Aug. 31. That’s up from $97.6 million, or 76 cents per share, in the year-ago period. Analysts polled by Thomson Financial Network predicted earnings of 94 cents per share. The increase was largely due to a 3 percent rise in sales from last year.…
Deutsche Bank’s investors are hitting the panic button … again.
from http://www.wbaltv.com/money/deutsche-bank-shares-plummet-7-on-fears-about-its-health/41893390
Enjoy delicious bites and bargain shopping today during the Charles Street 3-5-7 Stroll.
It works like this: pariticipating businesses along the Charles Street corridor will offer goods and merchandise for $3, $5, and $7.
Some of the deals include: $3 vanilla or sweet basil custard, $5 beer (any…
Happy Friday and to the end of September. Expect cloudy skies with a chance of more rain and temperatures in the mid-60s. Here are eight things to know. • Maryland is moving forward with its online absentee-ballot system despite warnings from cybersecurity experts that it may be dangerously vulnerable to tampering and privacy invasions. [Washington Post] • Following criticism from city State’s Attorney Marilyn Mosby over his handling of the investigation into Freddie Gray’s death, former Baltimore…
It’s time to freshen up your wardrobe! Save up to $20 at Macy’s fall sale with two coupons.
Save $10 on a $25 purchase of sale, clearance and select home goods.
Save $20 on a $50 purchase of sale, clearance and select home goods.
The coupons are good until Sunday. There are some exclusions in…
The Maryland Health Benefit Exchange is aiming to improve the uninsured rate across the state with a new advertising and marketing strategy, mobile app and updated website. Open enrollment for the state’s health insurance marketplace, Maryland Health Connection, begins Nov. 1. for 2017. Betsy Charlow, deputy director of marketing and web strategies, said the organization is tailoring its marketing efforts to target a younger audience, namely 18- to 30-year-olds, as well as African-Americans and…
Get a free, any-size hot coffee every day during 7-Eleven Coffee Week starting Monday, Oct. 3.
Download and register for the free 7Rewards app to get your free daily java fix or hot chocolate at participating convenience stores.
No purchase is necessary.
Show the barcode, found in the “Scan & Save”…
Allegis Group Inc., Whiting-Turner Contracting Co., Laureate Education Inc., DLA Piper and Apex Tool Group LLC remain the top five largest private companies in Greater Baltimore on this year’s List of top private companies. Cumulatively, the five companies brought in $25.37 billion in 2015 revenue — a .6 percent decrease from last year’s $25.53 billion. Individually, Allegis Group and DLA Piper saw revenue growth. Allegis Group’s revenue grew from $10.8 billion in 2014 to $11.2 billion in 2015.…
The NFL wants more women to be coaches, officials and scouts. Its latest push is the league’s first job fair specifically for women, planned for Orlando, Florida, just before the Super Bowl.
from http://www.wbaltv.com/money/the-nfl-is-trying-to-hire-more-women/41885862
Wells Fargo will pay $24 million to settle allegations that it mistreated members of the military – including illegally repossessing their cars. The bank, already reeling from a scandal over fake accounts, will pay $4.1 million to settle Justice Depa…
from http://www.wbaltv.com/money/us-wells-fargo-illegally-repossessed-413-servicemembers-cars/41889394
Members of Congress are alarmed over horror stories from Wells Fargo workers who say they were fired after blowing the whistle on illegal activity. Nearly a half-dozen former Wells Fargo workers told CNNMoney they were retaliated against for calling t…
from http://www.wbaltv.com/money/wells-fargo-worker-retaliation-claims-rile-up-congress/41885184
Two Maryland startups, TopBox and Tissue Analytics Inc., won cash and bragging rights for their businesses at the second annual Beta City event held at City Garage in Port Covington Thursday. Beta City showcases local entrepreneurs and startups and allows investors a chance to see presentations from local, growing companies. The event is hosted by local co-working space and incubator Betamore and includes a Venture Capital Pitch Day competition. Eight companies got to present their business plans,…
