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BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | December 13, 2012
The possibility that the Tribune Co. will sell its newspapers after an imminent exit from bankruptcy has set off a new round of speculation about The Baltimore Sun's future ownership - along with expressions of interest from potential buyers. Bloomberg and Reuters, citing unnamed sources, reported this week that Chicago-based Tribune is preparing to sell its newspaper companies. Bloomberg said Tribune is interviewing advisers for a potential sale; Reuters said Tribune plans to focus on its television stations.
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NEWS
December 6, 2012
Op-ed contributor Joanne Cavanaugh Simpson argues that the Hostess Company's bankruptcy demonstrates the negative effects of the anti-obesity movement ("An unhealthy fear," Nov. 21). But the demise of Hostess was not caused by the anti-obesity movement, and Ms. Simpson never presents any evidence that movement directly affected the company. Ms. Simpson claims that Hostess is a "victim of another movement sweeping the country over the past couple of decades: 'low-fat' and 'health food' trends, and the current government-sponsored anti-obesity campaign.
NEWS
December 2, 2012
It's wonderful that in our age of instant communication, digital reality and unmanned aerial warfare, there are still those who believe in miracles. And yes, miracles are very real, though infrequent. I'm one who's also hoping for the complete recovery of Teresa Bartlinski ("Call for a miracle," Nov. 29). However, it is important to credit the "miracle" of modern science that has made this adopted girl's survival possible. I also consider it a "miracle" that the Bartlinski family can pay for all the medical care and upcoming operation out of pocket and were able to go into enormous debt doing so. It's refreshing and humbling the Bartilinski's have not relied on any help from the government or taxpayer funded programs.
NEWS
November 25, 2012
Your recent article about the Hostess Inc. bankruptcy stated that the company blamed its closure on striking workers, but it failed to mention what else was happening as the company was trying to cut bakery workers' pay ("Hostess' shutdown prompts snack rush," Nov. 17). Indeed, while it was filing for bankruptcy, Hostess tripled its CEO's pay and gave significant salary increases to its top executives. That's some bad HoHo. Randi Hogan, Crownsville
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | October 11, 2012
Computers, desks, chairs and other office equipment and items that belonged to the now-defunct Big Huge Games, a Timonium-based video game maker, will be auctioned Tuesday as part of the company's Chapter 7 bankruptcy and liquidation. Big Huge Games was a part of 38 Studios LLC, a Providence, R.I.-based video game company owned by former professional baseball player Curt Schilling. The firm ran out of money and shut down in May, tossing hundreds of people out of work, including about 100 in Timonium.
BUSINESS
By Lorraine Mirabella and Eileen Ambrose, The Baltimore Sun | October 11, 2012
Baltimore-based Vertis Holdings Inc., at one time the largest U.S. producer of advertising inserts in newspapers, plans to sell itself to a Wisconsin printing company for $258.5 million through an auction in U.S. Bankruptcy Court. Vertis filed for Chapter 11 protection in U.S. Bankruptcy Court in Delaware Wednesday. It also sought court approval to sell its assets to Quad/Graphics, which produces retail advertising inserts and direct marketing and in-store marketing campaigns. It is the third bankruptcy-law filing in five years for Vertis, which also sought the court's protection to reorganize its finances in 2008 and 2010.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | October 5, 2012
Hundreds of Baltimore-area shoppers packed into the newly reopened Boscov's on Friday morning, welcoming back the department store as if they were greeting an old friend. "We're so glad you're back," customer after customer told store employees and Boscov family members on hand for the retailer's reopening at White Marsh Mall. The nearly 200,000-square-foot store opened in the same anchor spot the chain vacated four years ago amid the recession. The newly remodeled and restocked Boscov's drew hordes of shoppers Friday, all of whom had bought $5 tickets for the preview day. Proceeds went to local causes.
BUSINESS
By Steve Kilar, The Baltimore Sun | September 22, 2012
Since Baltimore City Hall contended in a federal lawsuit last year that a group of international banks conspired to keep a key interest rate benchmark low, more municipalities and private companies have started to investigate potential losses because of the alleged scheme. Baltimore bankruptcy attorney Joel I. Sher is looking into whether banks' manipulation of Libor, the London interbank offered rate, caused a jumbo mortgage lender, Thornburg Mortgage Inc., to lose money though interest-rate swaps tied to the rate.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | September 8, 2012
Debbie Hurd sees it in the parking lots along North Point Boulevard — the answer to what life would be like if the steel mill that fueled the tight-knit communities near Sparrows Point never reopens. Fewer cars. Fewer customers for businesses. She gestured in her family's empty bar, Pop's Tavern, and said the days of steelworkers lined up for a drink are long gone. "Everything I see on this boulevard is really, really hurting," Hurd said. "I've told some of my employees, 'Don't get mad at me if I have to let you go.' " No big employer goes down without setting off ripples in the local economy.
SPORTS
By Chris Korman | August 3, 2012
Former Ravens running back Jamal Lewis, in Baltimore to sign autographs at the National Sports Collectors Convention, said Friday that his arrest earlier this week in Atlanta for child abandonment, a misdemeanor, was caused by a hearing he did not attend. “It was not about an abandonment issue, it was not about a kid issue,” he said. “It was the fact that, honestly, I didn't show up for a hearing to defend myself and everything else. But, like I said in my statement, you know, I've never been a bad father.
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