Legg Mason's Bill Miller at top again in WSJ ranking

Baltimore's Legg Mason Opportunity Trust, co-managed by well-known stock-picker Bill Miller, is the top-ranked U.S. diversified stock fund for the third consecutive quarter, according to a Wall Street Journal ranking. (Balt. Sun)

Read Full Article

Ray Lewis lends vision to Under Armour's new football ad

Under Armour's newest football commercial begins with high school players rushing to a practice field set beneath the Baltimore skyline .Some carry their gear through subway turnstiles. Others pedal furiously on bikes. A few jump into the bed of a pickup truck that halts just long enough for them to settle in for the ride. Ray Lewis, the retired Ravens linebacker, suggested that last scene based on his own memories of finding his way to practice long before he thought about a pro career. (Balt. Sun)

Read Full Article

Does Maryland casino boom worry Atlantic City?

Atlantic City tourism officials should be getting quite an eyeful on Wednesday. That’s the day New Jersey releases its casino revenue figures. And it just might also be the day when Garden State officials get a sense of how big a bite Maryland’s casinos have taken out of the boardwalk. (Balt. Bus. Journal)

Read Full Article

Maryland casinos' June revenue reaches $66.5 million

Maryland's four casinos took in about $66.5 million in revenue in June, capping a fiscal year in which they far exceeded expectations, the Maryland Lottery and Gaming Control Agency announced Friday. Even with stiff competition from more established gambling destinations in Atlantic City, N.J., and casinos in neighboring Delaware and Pennsylvania, Maryland's nascent industry has exceeded what state financial analysts had anticipated. (Balt. Sun)

Read Full Article

Convenience store competition heats up

Call it the battle of fried chicken versus made-to-order hoagies, both served with a side of gasoline. Competition among convenience store chains in the Baltimore area has heated up as retailers vie to win over consumers by redefining and expanding "convenience." Chains such as Baltimore's own Royal Farms, along with Pennsylvania's Wawa and national chain 7-Eleven, are rushing to build new stores, remodel existing ones, boost assortments of meals to go and, more often than not, sell gas out front. (Balt. Sun)

Read Full Article

Port of Baltimore is vulnerable to cyber attack, Brookings study says

U.S. commerce "would grind to a halt in a matter of days" in the aftermath of a crippling cyberattack that the nation's ports — including Baltimore — are ill-prepared for, according to a new Brookings Institution report. But port officials here and elsewhere dispute the assessment written by Coast Guard Cmdr. Joseph Kramek, who spent a year as a Brookings fellow looking at cybersecurity at six of the nation's busiest waterfronts. (Balt. Sun)

Read Full Article

Pines Plaza bankruptcy causes worry

The owner of the Pines Plaza Shopping Center has filed for bankruptcy, canceling the auction of the property set for last week and further delaying the extension of water and wastewater service to the area. (Daily Times)

Read Full Article

Businesses welcome reprieve from offering insurance

The owners of the Shanty Grille restaurant in Ellicott City breathed a sigh of relief when the Obama administration delayed for a year penalties on businesses that do not provide health insurance to employees. For months, they fretted about how they were going to cover more workers as required by the Affordable Care Act. Complaints by companies much like Shanty Grille prompted the Treasury Department to announce that it would give companies with more than 50 full-time workers more time to understand the law's requirements. (Balt. Sun)

Read Full Article