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American Airlines raises bag fees, won’t allow some travel agency bookings to earn miles

American Airlines has raised the price to check a bag for the first time in more than five years and said it would limit which travel agency bookings are eligible to earn frequent flyer miles. Passengers will pay $35 to check a first bag for domestic flights if the service is booked online in advance, or $40 if they purchase the option at the airport, the carrier said Tuesday.

Read More: CNBC
Basketball – Shot 2-Points
CIAA brings business opportunities to Baltimore along with basketball tourney

The Central Intercollegiate Athletic Association Basketball Tournament hosted in Baltimore is quickly approaching and it brings much more than just college athletics. For those who have driven anywhere around downtown Baltimore, they have seen all the banners and billboards promoting various CIAA tourney events. While the women’s and men’s basketball tournaments are the major attractions, the week is also filled with community-focused events.

Read More: WBALTV
3 trends that will shape business in 2024

The year 2023 was a dynamic one for businesses across all sectors. Artificial intelligence went from a novel technology to a more widely utilized business productivity tool. Many companies invested additional resources in sustainable business practices. And digital business solutions helped companies thrive. Here are predictions for what current and emerging trends will further shape businesses in 2024.

Capital One to acquire Discover Financial Services in $35.3 billion all-stock deal

Capital One Financial is set to acquire Discover Financial Services in a $35.3 billion all-stock deal. Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each Discover share or about a 26% premium from Discover’s Friday closing price of $110.49. The companies said they expect the deal to close in late 2024 or early 2025, after which Capital One shareholders would hold 60% and Discover shareholders would own 40% of the combined company.

Read More: CNBC
Former Raven helps create venture capital fund for Towson startups

A trio of executives — including a former Baltimore Ravens player — are teaming up to build a venture capital fund with a business model tailor-made for an era when capital is harder and harder to find. The Tiger Fund is the creation of former Ravens player and Super Bowl champion Kyle Richardson, Patrick McQuown, Towson University’s executive director of entrepreneurship, and venture capitalist Alfred Ko of the StepStone Group, a fund with $139 billion of assets under management. The group plans to raise at least $2 million through institutional and retail investors before investing any money.

Italian Restaurant
9 brand new restaurants, bakeries and bars to check out in Baltimore

Gather ‘round, Baltimore food lovers: A scrumptious wave of new eateries has swept through the city, offering a feast for every palate. From the mouthwatering BBQ delights at Southern N Smoked in Cross Street Market to the coastal Mediterranean-inspired dishes at Costiera to the authentic Mexican flavors of Nana, there’s never been a better time to indulge in Charm City’s culinary delights. Dig in below and discover the deliciousness.

Moore aims to tackle ‘skill set disconnect’ to alleviate manufacturing worker shortage

Gov. Wes Moore (D) said Friday that one of the biggest challenges that manufacturers are facing in Montgomery County and elsewhere in the state is a shortage of skilled workers—an issue that his administration is focused on tackling. “Right now, in the state of Maryland, there are two available jobs for every single person filing for unemployment,” Moore said.

Read More: MOCO360
Greater Baltimore’s best market for first-time homebuyers

A small Anne Arundel County community is the best market for first-time homebuyers in Greater Baltimore, according to a new analysis by Realtor.com. Riviera Beach, a small census-designated place south of Baltimore, ranks high on the site’s evaluation of friendly markets in the region. Riviera Beach’s median home prices have stayed manageable compared to those in the region and across the country. The median home price in the community between December 2022 and November 2023 was $264,079, well below Greater Baltimore’s median price of $360,172.

Companies — profitable or not — make 2024 the year of cost cuts

Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker Mattel, PayPal, Cisco,
Nike, Estée Lauder and Levi Strauss are just a few of the firms that have cut jobs in recent weeks.

Read More: CNBC
First phase of $96M Park Heights development gets underway

Work is underway on the first phase of a $96 million development in Park Heights as a push to redefine the long-ignored North Baltimore community gains momentum. The 100-unit senior housing tower now under construction is among a wave of new life in the area north of Pimlico Race Course that has been plagued with chronic vacancies, blight, poverty and violent crime.

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