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You are now viewing the WYPR Archive of content news. For the latest from WYPR, visit www.wypr.org.

business

  • Clothing chain Jos. A. Bank announced Friday it has agreed to buy casual sportswear maker Eddie Bauer for $825 million in a cash and stock deal. This acquisition comes in the midst of ongoing, hostile efforts by Jos. A. Bank and its main competitor Men's Wearhouse to buy each other.
  • Carnival Cruise Lines announced today that it is reversing its decision to leave the Port of Baltimore. Instead, Carnival’s Baltimore-based cruise liner…
  • A task force is expected to issue recommendations this week to lawmakers on how to overhaul the state's casino industry. Competition from nearby states cost Delaware's three casinos $13 million — a 5.5 percent drop in tax revenue between 2011 and 2012. Some analysts say the industry may be facing layoffs or worse without help.
  • Former currency trader John Rusnak committed one of the largest bank frauds in history. He racked up nine-figure losses at Baltimore's Allfirst Bank before he got caught and was sent to prison. Five years later, Rusnak was back on the outside franchising a chain of dry cleaners and hiring people who'd also made big mistakes.
  • They weren’t singing in the rain, but the forty people lined up outside Video Americain in Roland Park were having a pretty good time talking movies while…
  • This is the last day you can rent a movie from Video Americain in Roland Park.Annie Solan, who co-owns Baltimore’s last video store with her husband,…
  • Northwestern University plans to use special uniforms at its Nov. 16 game against Michigan. They're supposed to honor the U.S. military and wounded veterans. Critics, though, say the design makes it look as if blood has been splattered across an American flag. That's just wrong, they say.
  • Amazon has been quietly making inroads into a new approach to retail, partnering with manufacturers to ship products directly from the warehouse to consumers, essentially taking out the middle man. The online retailing giant's move comes as it and its competitors experiment with faster delivery.
  • Baltimore sportswear manufacturer Under Armour's third-quarter profit, announced yesterday, was above predictions.According to the Baltimore Business…
  • Time was you couldn’t do much with that old cell phone lying around the house, other than try to sell it online. Now a company called ecoATM offers you an…