Transit union warned of unsafe Baltimore Metro tracks for several years before emergency shutdown

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The union that represents Maryland Transit Administration drivers warned agency leaders of rail safety concerns about the Baltimore Metro Subway for more than two years before the agency suddenly shut the system down for a month of emergency track repairs in February.

With less than 24 hours’ notice,…

fromhttp://www.baltimoresun.com/business/bs-md-mta-metro-foia-20180621-story.html

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Baltimore-based modular space company Williams Scotsman to acquire competitor ModSpace for $1.1 billion

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Baltimore-based Williams Scotsman, which sells office trailers, storage containers and other modular spaces, announced on Friday that it has agreed to acquire the parent company of competitor ModSpace for over $1 billion.

The deal is expected to close in the third quarter of 2018, Williams Scotsman…

fromhttp://www.baltimoresun.com/business/bs-bz-scotsman-acquisition-modspace-20180622-story.html

Maryland officials begin to project additional revenue following court ruling on online sales tax

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States will be able to force more shoppers to pay sales tax when they make online purchases under a Supreme Court decision Thursday that will leave shoppers with lighter wallets but is a big financial win for states.

Consumers can expect to see sales tax being charged on more online purchases —…

fromhttp://www.chicagotribune.com/news/nationworld/ct-supreme-court-sales-tax-20180621-story.html

Loyola University’s business school honors The Bozzuto Group’s Thomas Bozzuto

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Thomas S. Bozzuto, chairman and co-founder of The Bozzuto Group, was named Business Leader of the Year for 2018 by Loyola University’s Sellinger School of Business and Management.

The award, to be given at a dinner Nov. 13, honors business executives who embody Loyola’s Jesuit commitment to community…

fromhttp://www.baltimoresun.com/business/bs-bz-loyola-bozzuto-20180621-story.html

Mortgage rates fall for third week in a row

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Long-term U.S. mortgage rates fell this week, marking their third decline in the past four weeks after increasing last week.

Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages was 4.57 percent, down from 4.62 percent last week. By contrast, the 30-year rate averaged…

fromhttp://www.baltimoresun.com/business/ct-biz-mortgage-rates-20180621-story.html

Days after buying Time Warner, AT&T launches new TV service

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AT&T is launching a new streaming service incorporating television networks from the Time Warner company it just bought.

The WatchTV service, a cable-like package of more than 30 TV channels delivered over the internet, is an example of the “skinny bundles” coming from telecom and broadband providers…

fromhttp://www.baltimoresun.com/business/ct-biz-att-watchtv-service-20180621-story.html

Tesla sues former employee for hacking company secrets. He says he was a whistleblower.

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Tesla sued a former employee Wednesday, accusing the man of hacking the automaker’s computer systems and stealing company secrets, shedding light on what chief Elon Musk had suggested was the work of a secretive internal saboteur.

But the employee, Martin Tripp, told The Washington Post that he…

fromhttp://www.baltimoresun.com/business/ct-biz-tesla-hacker-whistleblower-20180621-story.html