BUSINESS
By Hanah Cho, The Baltimore Sun | May 22, 2012
Marylanders interested in owning thoroughbred horses can purchase shares in six racing investment companies founded by Frank Stronach, the owner of Laurel Park and Pimlico Race Course . The stock offering began earlier this month, allowing investors in several states — including Maryland, California and New York — to own a piece of a thoroughbred for $10 a share. Each company plans to raise revenue by racing its horses until November 2013 and then by selling them. After the sale, the net proceeds would be distributed to shareholders, though the prospectus warns potential investors that owning racehorses involves a "high degree of risk.
BUSINESS
By Candus Thomson, The Baltimore Sun | May 21, 2012
The owner of an Anne Arundel County trucking company put out of business late last year by federal safety officials has filed for bankruptcy protection again, listing more than $3.3 million in debt. Mark David Gunther Sr., owner of Harmans-based Gunthers Transport LLC, filed under Chapter 11 in U.S. Bankruptcy Court in Baltimore on May 15. The Federal Motor Carrier Safety Administration called Gunthers Transport an "imminent hazard" to the public when it ordered the company's trucks off the road on Nov. 16. When the company tried to reconstitute itself weeks later as Clock Transport LLC, it, too, was ordered closed.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | May 21, 2012
What if the cable guy was also your home security guy? Maryland consumers are about to find out. Comcast Corp. has launched a marketing blitz this month to sign up customers for its new "Xfinity Home" package, which features a residential alarm system, video monitoring, and temperature and lighting controls, among other features — all manipulated from a touchpad, mobile device or computer. It's not enough for major telecom and cable companies to sell you services for your television, computer and smartphone.
EXPLORE
RECORD STAFF REPORT | May 16, 2012
Bill Bateman's in Havre de Grace presents The Battle of the Guest Bartenders to benefit the Susquehanna Hose Company Saturday, May 19, at 8 p.m. Come support the local fire company as members show off their stuff behind the Bateman's bar. See which house is fastest. There will be a DJ and dancing as well as raffles and auctions. The fire company has some of the best raffle and live and silent auction stuff it has ever offered, including golf packages, concert packages, fishing packages and sports memorabilia including a 16-by-20 Pete Rose autographed framed photo, a 16-by-20 Eddie Murray autographed framed photo, Joe Flacco autographed, framed Delaware jersey, a Ray Lewis autographed helmet, a Super Bowl XXXXVI Giants team autographed football, a Ben Roethlisberger autographed football and Adam Jones autographed bat. Bill Bateman's is at 2021 Pulaski Highway in Havre de Grace.
HEALTH
By Andrea K. Walker | May 16, 2012
It turns out wearing sneakers - without exercising - won't get you in shape. Skechers USA has agreed to a $40 million settlement with the Federal Trade Commission for making that claim. The shoe company had claimed its Shape-ups sneakers would help people lose weight. It also said the shoes would strengthen and tone people buttosk, legs and abs. The government agency said Skechers also made false claims about its Resistance Runner, Toners and Tone-ups shoes.
NEWS
By Frederick N. Rasmussen, The Baltimore Sun | May 16, 2012
Roy W. Spence, a businessman who founded a Baltimore bus company and was an active churchman, died Saturday of complications from internal bleeding at Northwest Hospital. The Pikesville resident was 84. Born and raised in Camden, N.C., Mr. Spence attended public schools until he was forced to drop out to help support his family as a farm and mill worker after his father became ill. His family moved in 1948 to Delaware and two years later to Baltimore. Mr. Spence worked as a truck driver for Yale Transport and later the old Silber's Bakery.