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BUSINESS
By Natalie Sherman, The Baltimore Sun | June 17, 2014
Stock in Columbia-based Micros Systems Inc. surged Tuesday after a report that it was about to be acquired by technology giant Oracle Corp. The company's shares shot up nearly 15 percent to close at $66.33 each in Tuesday trading after Bloomberg News reported that Oracle and Micros were in exclusive talks about the sale of the Maryland firm for more than $5 billion. The Bloomberg report cited anonymous sources "familiar with the matter," and neither company responded to requests for comment.
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BUSINESS
Lorraine Mirabella | June 13, 2014
Orioles first baseman Chris Davis has signed an exclusive, two-year deal with a new memorabilia division of online sports merchandise retailer Fanatics, which will offer a more than 20-item product line of Davis-inscribed baseballs, signed jerseys and photos. The Orioles player joins teammate and center fielder Adam Jones and about 60 other athletes with exclusive deals with the newly rebranded Fanatics Authentic, including David Ortiz, Colin Kaepernick, Peyton Manning, Prince Fielder, Tony Parker and Paul George.
NEWS
June 11, 2014
A proposal earlier this week to provide temporary shelter at a Baltimore City office building for child migrants from Central America who arrive in this country without a parent or guardian appears to have been shelved for the moment, after Sen. Barbara Mikulski and Mayor Stephanie Rawlings-Blake raised concerns over the facility's appropriateness. Metro West is an empty office building with no infrastructure for residential use. It's not an appropriate residence for potentially hundreds of children.
NEWS
By Daniel Lyons | June 10, 2014
The cable company is one entity everyone likes to hate. Perhaps this knee-jerk animosity is to blame for the rush to condemn Comcast's proposed $44 billion merger with Time Warner Cable. Critics complain that combining the nation's two largest cable companies would create a "behemoth" with 30 million customers, nearly one-third the cable/satellite market. But calling this a "cable deal" misunderstands the dynamic nature of the modern video marketplace. America is in the midst of an entertainment revolution, giving consumers more choices than ever.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | June 9, 2014
The investors buying 1st Mariner Bank said Monday that they've received the regulatory approvals they need and expect to close on the deal as soon as next week, turning the page on the Baltimore institution's most tumultuous chapter. The purchasers — who go by the name RKJS Bank — said they will put about $91 million in cash into the bank to recapitalize it, "significantly improving the strength of its balance sheet. " The Federal Deposit Insurance Corp. and Maryland's financial regulation agency both approved the transaction.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | June 6, 2014
Jos. A. Bank Clothiers Inc., likely a few weeks away from finalizing a $1.8 billion deal to be acquired by Men's Wearhouse, posted a $37.1 million first-quarter loss stemming from merger-related expenses. In what is probably its last earnings report as an independent company, the Hampstead-based men's apparel chain reported Friday a loss of $1.33 per share for the three-month period that ended May 3. Bank reported earnings after the close of the market. Its stock closed up 4 cents at $64.97 per share.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | June 3, 2014
A U.S. Court of Appeals panel has upheld a decision that Maryland strayed into federal-only territory when it tried to jump start construction of a power plant with subsidies. The Maryland Public Service Commission, concerned about reliability problems if more power plants aren't built, struck a deal for ratepayers to subsidize a natural gas-fired facility in Waldorf any time the wholesale price for its electricity fell below a certain level. The plant was slated to open next year.
SPORTS
By Jon Meoli and The Baltimore Sun | June 3, 2014
Bud Norris has been in Baltimore for almost a year, but it appears he's kept a keen eye on the goings-on back in Houston. The Orioles right-hander took to Twitter Tuesday morning to tear into the contract extension the Astros signed prospect Jon Singleton to yesterday, and said the deal is "terrible. " Norris added Singleton should have listened to the players union, not his agent. Singleton, who was promoted to the majors Monday, signed a club-friendly extension without ever taking a swing in the big leagues.
ENTERTAINMENT
By Tim Smith, The Baltimore Sun | May 31, 2014
Journeys of one kind or another - emotional, physical, spiritual - are at the heart of Colman Domingo's 2012 play "Wild with Happy," receiving its Baltimore premiere at Center Stage . There isn't just a road trip in this work, but a car chase. Domingo always seems to be on an eventful ride, too. The Philadelphia-born playwright and actor had a speech impediment as a child, so he retreated into books and writing. He majored in journalism when he entered college, but taking an elective course in acting led him in a whole new direction.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | May 28, 2014
Zachary Roselle has never gambled in a casino, but by late July he hopes to snag one of the better-paying jobs on the floor of the Horseshoe Casino Baltimore. "I've been a card game player for a long time," said Roselle, a 22-year-old gas station cashier from Curtis Bay. "My dad always told me if I had to play cards all the time, I might as well get paid for it. " Roselle, one of 400 students in Horseshoe's dealer academy, says running games such as blackjack and roulette would come with other benefits.
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