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Private equity firm Cerberus Capital Management is offering $9.4 billion for Safeway, the nation's second-largest grocery. It plans to combine Safeway with Albertson's which it acquired a year ago.
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WYPR's Fraser Smith and Jenna Johnson of the Washington Post talk about letters sent to Governor O'Malley and House Speaker Mike Busch from the production…
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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.
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Lawmakers in Annapolis wrapped up the first month of the 2014 General Assembly today. WYPR's Joel McCord and Christopher Connelly talk about what happened…
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Carnival Cruise Lines announced today that it is reversing its decision to leave the Port of Baltimore. Instead, Carnival’s Baltimore-based cruise liner…
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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.
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Standing with workers at the Domino Sugar refinery in Baltimore, Governor Martin O’Malley announced Tuesday that Maryland added 7,300 new jobs last…
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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.
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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,…
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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.