In Baltimore, builders are flipping the way that homes are normally flipped. Instead of fixing up an older home and hoping that a buyer likes the improvements, builders are welcoming buyers into the process much earlier, allowing them to customize the renovation with their choice of countertops, cabinets, colors, tile, and more.
Companies & Industries
Guess Who’s Bullish on Europe? China’s New Investment Play
Another day in Europe, another Chinese acquisition: over the first June weekend it was the turn of three prestigious Bordeaux wine châteaus, Bon Pasteur, Rolland-Mallet and Bertineau St.-Vincent, to be acquired by the Hong Kong–based Goldin Group for an undisclosed amount.
A new wave of Chinese investment is rolling across the …
Latest Beer Gimmicks: Boy Bands, Star Trek, Baseball Bat Flavor
What will marketers think of next to entice you into picking their beer out from the staggering number of beverage options available this summer? You might be surprised.
A Starbucks for Pot? National Chain of Marijuana Stores in the Works
If one newly converted pot-smoking visionary has his way, the Washington-based company he created will become the Starbucks or Coca Cola of the cannabis industry.
The ‘Time for Nine’ Campaign: To Save Golf, Cut the Game in Half
Some of the golf world’s strongest supporters are doing the unthinkable: They’re encouraging people to play less golf. Well, sort of.
Despite ‘Poop,’ Fire, Cruise Business Cruises Along — How To Avoid Being Taken for a Ride
Cruise ships tend to make appearances in the mainstream media for only one reason: Something went terribly wrong. So, considering that cruises have been a mainstay of cable news for the past few months, you might assume that …
Texas Plant to Make First U.S.-Assembled Smartphones
(AUSTIN, Texas) — Cellphone pioneer Motorola announced Wednesday that it’s opening a Texas manufacturing facility that will create 2,000 jobs and produce its new flagship device, Moto X, the first smartphone ever assembled in the U.S.
The company has already begun hiring for the Fort Worth plant. The site was most recently …
Nasdaq Paying $10M to Settle Facebook Disruption
(WASHINGTON) — Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges after regulators said its systems and decisions disrupted Facebook’s public stock offering last year.
The Securities and Exchange …
JCPenney’s ‘Hitler’ Teakettle Sells Out Online
You’ll have to visit JCPenney stores in person to buy the tea kettle that resembles former German Chancellor and Nazi dictator Adolf Hitler
Ex-KPMG Partner to Plead Guilty to Securities Fraud
(LOS ANGELES) — A former partner at the accounting firm KPMG agreed to plead guilty Tuesday to a securities fraud charge for providing insider information to a friend who plied him in return with cash bribes, a Rolex watch and other luxurious items.
Scott London, 50, agreed to plead guilty to one felony count of securities fraud …
Travelers Still Avoiding Carnival After ‘Poop Cruise’
Months after the infamous “poop cruise,” in which Carnival Triumph passengers were stranded at sea for five days without working toilets, Carnival Cruise Lines is still struggling to convince travelers to come back aboard its ships. Perhaps rock-bottom pricing and a new cruise passenger bill of rights will help the cause. But the fire …
Moonshine Is Growing in the U.S., and Big Whiskey Wants a Taste
Moonshine, the outlaw hooch made famous in backwoods Appalachia, is now regulated by the government and is sold at Walmart. The spirit has grown so popular that even the industry’s biggest distilleries are getting in the game