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BUSINESS
Gus G. Sentementes | March 19, 2012
Apple today announced what many were expecting, given its huge war chest of around $100 billion in cash: future stock dividends and a stock repurchasing program. The company released the news in a conference call early Monday. It's amassed a huge pile of cash in recent years thanks to the runaway successes of its iPhone and iPad, a smartphone and a tablet, respectively, that are dominant in their categories. Apple said it plans a quarterly dividend of $2.65 a share sometime in the fourth quarter of fiscal 2012, which begins in July.
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SPORTS
By Jon Meoli and The Baltimore Sun | October 3, 2014
The Orioles announced Friday that right-handed reliever Preston Guilmet, who was designated for assignment off the 40-man roster Saturday to make room for infielder Alexi Casilla, has been traded to the Pittsburgh Pirates for cash considerations. Guilmet, acquired in a minor league trade with the Cleveland Indians in April, was shuttled between the major leagues and Triple-A Norfolk frequently this season, making 10 appearances with the Orioles and 40 for the Tides. He allowed six earned runs and eight hits in 10 1/3 innings in the majors.
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NEWS
Dan Rodricks | March 18, 2012
I was a passenger in a car on Thursday morning, and we stopped for a fill-up at a gas station on North Charles Street in Baltimore, a block up from North Avenue. I was on the phone while the driver purchased and pumped the gasoline. A young, male panhandler tried to make eye contact with me through the passenger's side window, but I avoided being drawn into his tractor beam. Some panhandlers appear broken and docile, some seem impatient and even angry; some have yellow heroin eyes or some other form of medicated stare.
SPORTS
By Eduardo A. Encina and The Baltimore Sun | October 2, 2014
When the Orioles signed Nelson Cruz to a club-friendly one-year, $8 million deal in February, executive vice president Dan Duquette was quick to point out Cruz's postseason accomplishments. And while the Orioles have reaped a huge payoff from their investment in Cruz - he led the majors with 40 homers and at times, carried the club on his broad shoulders - the 34-year-old slugger brings huge playoff credentials into the Orioles' American League Division Series matchup against the Detroit Tigers.
SPORTS
By Dan Connolly and The Baltimore Sun | January 3, 2012
The Orioles made two minor trades today, sending former first-round pick Brandon Snyder to the Texas Rangers for cash while acquiring outfielder Jai Miller from the Oakland A's, also for cash. Miller, 26, was designated for assignment by the A's in December after appearing in seven games with the team in 2011, when he was 3-for-12 with a homer. At Triple-A Sacramento in the hitter-friendly Pacific Coast League, Miller batted .276 with a .368 on-base percentage, 32 homers and 16 stolen bases without being caught last season.
NEWS
July 22, 2012
University of Maryland Baltimore County President Freeman A. Hrabowski is dabbling in partisan politics by rallying support for reduced tuition for illegal immigrants ("Diverse supporters rally behind the Md. Dream Act", July 19). His budget must be flush with cash to advocate cutting his university's tuition fees. In light of Mr. Hrabowski's generosity with Maryland taxpayers' funds, shouldn't we expect the University of Maryland to scale back their appeals for alumni donations and to ask Annapolis for a reduction in the state's subsidy of his school in future budgets?
EXPLORE
June 28, 2012
The 2012 Fallston Lacrosse Lightning B-Team played the season for more than wins, championships or personal achievement. The team's coaches, Jeff Blum, Bob Deim and Hank Keeney, implemented "Cash for Stats," and with support from the parents, a small monetary value was assigned to each ground ball, assist and goal during the course of the season. The idea was to raise money through "Cash for Stats" and donate to a worthy charity. The coaches decided on the Ronald McDonald House and from the first ground ball to the last, they were playing for more than just themselves.
NEWS
March 14, 2013
The following is compiled from police reports from the Towson and Cockeysville precincts. Our policy is to include descriptions when there is enough information to make identification possible. A food delivery driver was robbed at gunpoint as he tried to deliver Chinese food at about 11 p.m. on March 5 near the 400 block of Schwartz Avenue, in Towson, police report. The robber stole cash and the Chinese food and fled. Towson Ensor Avenue , unit block, on March 9. Man's car towed for illegal parking.
NEWS
By Larry Carson, The Baltimore Sun | September 3, 2010
Democratic Howard County Executive Ken Ulman raised 20 times more cash than his Republican rival Trent Kittleman did in the latest campaign finance reports that cover most of August, continuing a pattern established in a first round of reports last month. Ulman reported raising $23,090 to Kittleman's $1,110, and the Democratic incumbent has $723,945 left on hand compared to Kittleman's $16,111. The reports were due Friday. Both candidates said money is not the most important thing in their campaigns.
NEWS
By Larry Carson, The Baltimore Sun | November 24, 2010
Howard County Democrats, most of whom cruised to easy re-election, will return to office flush with leftover campaign cash, according to the latest state reports. County Executive Ken Ulman, a Democrat, reported $486,834 in cash on hand after the election. His leftovers amount to more than any candidate ever spent to run for Howard's top job until his first campaign in 2006. Ulman, who won with 62 percent of the vote, raised a record total of $1.4 million over the four-year cycle since January 2007, according to state reports.
BUSINESS
By Kevin Rector and The Baltimore Sun | September 25, 2014
The nation's transportation system is broken, agreed a panel of transportation wonks gathered in downtown Baltimore on Thursday, but they could not agree on how to fix it. "Transportation is broken. There's no way to fund it. America is one big pothole," said Ray LaHood, a former U.S. transportation secretary. "It will be up to the American people to say enough is enough. " Opinions for fixing it at the Greater Baltimore Committee's seventh annual transportation summit ranged from increasing federal investment in local infrastructure projects that would help address broader issues to cutting all federal investment in such projects to focus on national highway needs instead.
NEWS
September 17, 2014
Much attention is being paid to the relative fundraising prowess of the candidates and their cash-on-hand advantages as the election approaches ( "Howard developer's campaign contributions are cause for concern," Sept. 11). But what does this really signify? If there were a direct correspondence between dollars raised and votes received, only millionaires would be holding office. Where are the contributions coming from? From individuals who believe deeply in the candidate stance on issues?
NEWS
By Ian Duncan, The Baltimore Sun | September 8, 2014
This week, the Washington Post is running a series on how police work to seize cash during car stops without a warrant or making an arrest -- and data compiled by the paper suggests Baltimore City and Baltimore County police are among the biggest financial beneficiaries of the controversial tactic. Under a federal program, police departments can get payouts when they seize cash. And since 2001 the two Maryland departments each received $7 million taken from motorists and others, according to the Post's analysis.
NEWS
By John Fritze and By John Fritze | September 6, 2014
Federal employees will be allowed to carry money on their health savings accounts into the next year following a months-long lobbying effort by Sen. Ben Cardin of Maryland and other lawmakers in the region. Some 323,000 federal workers set aside a portion of their earnings, tax-free, in flexible spending accounts, or FSAs, to pay for health expenses. Until now, they have forfeited money not spent by the end of the year. The Office of Personnel Management announced last week that employees would be allowed to carry over up to $500 beginning in 2015.
NEWS
By Yvonne Wenger, The Baltimore Sun | August 30, 2014
Mayor Stephanie Rawlings-Blake leads the money race against potential future political opponents with more than $350,000 on hand, a review of the most recent campaign finance reports shows. Rawlings-Blake, who is up for re-election in November 2016, raised about $15,000 in the most recent reporting period, which ran from June 9 to Aug. 19. The filings were due Aug. 26. While potential mayoral contenders are keeping their plans close to the vest, political observers say the filings reveal others who might be considering a run for the city's top elected post.
NEWS
By Michael Dresser, The Baltimore Sun | August 27, 2014
Republican gubernatorial candidate Larry Hogan jumped out to a massive - but almost certainly temporary - lead in cash in hand over Democratic rival Anthony G. Brown, the Hogan campaign reported Tuesday night. Hogan's better than 3-1 advantage - $2.4 million to Brown's $760,000 - was based largely on a July 9 lump sum payment of $2.6 million from the state's public financing fund after the June 24 primary. However, Hogan's fund-raising for his general election campaign is essentially frozen, while Brown can continue to raise money through the Nov. 4 election.
SPORTS
By Dan Connolly and The Baltimore Sun | November 28, 2012
The Orioles have added to their infield depth, acquiring 28-year-old third baseman Danny Valencia from the Boston Red Sox on Wednesday for cash considerations. Valencia led all third basemen in games in 2011, when he played in 154 and hit .246 with 15 homers for the Minnesota Twins. He was third in the American League Rookie of the Year voting that year. But Valencia really struggled last season, batting just .198 in 34 games with the Twins. He was demoted to Triple-A and eventually was dealt to the Red Sox in August.
SPORTS
By Jon Meoli and The Baltimore Sun | October 3, 2014
The Orioles announced Friday that right-handed reliever Preston Guilmet, who was designated for assignment off the 40-man roster Saturday to make room for infielder Alexi Casilla, has been traded to the Pittsburgh Pirates for cash considerations. Guilmet, acquired in a minor league trade with the Cleveland Indians in April, was shuttled between the major leagues and Triple-A Norfolk frequently this season, making 10 appearances with the Orioles and 40 for the Tides. He allowed six earned runs and eight hits in 10 1/3 innings in the majors.
NEWS
By Erin Cox and Michael Dresser, The Baltimore Sun | June 25, 2014
Hours after winning their party primaries, Democrat Anthony G. Brown and Republican Larry Hogan exchanged the first salvos in November's race for governor. Hogan released an Internet ad calling the lieutenant governor "the most incompetent man in Maryland" and vowed to make the campaign a referendum on Gov. Martin O'Malley's tenure. Brown shot back that he would make the campaign a referendum on the "failed administration" of Maryland's last Republican governor, Robert L. Ehrlich Jr., in whose Cabinet Hogan served.
NEWS
June 23, 2014
Hundreds of kids of all ages took advantage of Freedom Federal Credit Union's Youth Month celebration throughout April. Every April marks Youth Month at Freedom, where financial management and education are highlighted to children and young adults under the age of 25. Freedom offered new youth club account members the option to earn up to $25 through a matching deposit. Freedom also stressed the importance of saving through its Youth Savings Challenge. Youth club members, who make qualifying deposits between April and October, are automatically entered for a chance to win a new XBOX ONE gaming system.
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