Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist

Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist
Showing posts with label Journalists Hancock Jay. Show all posts
Showing posts with label Journalists Hancock Jay. Show all posts

Thursday, January 19, 2012

Jay Hancock: O'Malley gets publicity savvy about tax hikes

O'Malley gets publicity savvy about tax hikes

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There had been discussion about reviving Maryland's millionaire tax, which would have raised the state's rates and hurt its rankings on lists compiled by the Tax Foundation, corporate site-location consultants and others. By proposing to eliminate income-tax deductions and exemptions for households over a certain threshold, however, the governor is proposing a tax hike withiout hurting Maryland's tax-rate rankings. Instead of a rate increase it'll be an effective tax increase on a fifth of Maryland households, many of which aren't close to the millionaire category.

Monday, June 20, 2011

Jay Hancock Baltimore Sun: Groupon: Baltimore restaurants hot and cold on deals


Editors note:

Until very recently, I was only vaguely aware of Groupon.  And then what little I knew was in the context that Groupon is about to issue an IPO.

One wonders if Wall Street will be begin to address some of its difficulty of late in valuating Internet-driven tech initiatives?  I guess that is fodder for another moment. 

Meanwhile, just last week, some tech-savvy, cutting-edge family members bought it up and my curiosity heightened – more from the consumer, and vendor point of view.

I also had many questions; of which Mr. Jay Hancock does a good job answering.  Questions like how vendors could afford to discount their prices in an environment of rising cost factors, demand obstruction – read, lack of business demand, and competitive pressures that do not allow vendors, shopkeepers, business restaurant owners to raise prices to keep up the profit margin contraction.

Kevin Dayhoff

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Groupon: Baltimore restaurants hot and cold on deals

Jay Hancock originally published in the Baltimore Sun 7:57 p.m. EDT, June 6, 2011 http://www.baltimoresun.com/business/bs-bz-hancock-groupon-grumps-20110607,0,650886.column

Has The Prime Rib, which requires waiters to wear tuxes and exudes "the intoxicating aroma of old money," according to Esquire magazine, got a deep discount deal for you.

Eat $100 of the restaurant's haute chow and pay just $50 under its wildly successful Groupon promotion, which was pitched last month. (Diners have all summer to use the offer.) Order The Prime Rib's signature dish, which normally costs $47.95, and pay only a little more than you would at Outback.

The Rib sold 5,000 coupons within a few hours on Groupon.com. What's next for the Calvert Street shrine? Tank tops on Saturday night? An all-you-can-eat fish fry for $14.95?

"We certainly don't want to dilute our brand," says general manager David Derewicz. But, he said, the restaurant likes using online coupons "to drive business in our direction during typically slower, hotter months. It's worked out fine."

Maybe he'll still feel that way after Groupon bargain scroungers descend, order $500,000 in food and pay for only half of it. (Less than half, actually, because Groupon takes a cut of the coupon proceeds.) The Groupon fad is in full bubble, but Baltimore restaurateurs say the Groupon experience is sweet and sour.

Investors, who will get a crack at Groupon stock in the initial public offering announced last week, are likely to have similarly mixed results. Restaurants are a key industry for Groupon, but many want nothing to do with the company. To try to win them over, Groupon is already sharply cutting the percentage that it takes from each coupon sale, according to eatery proprietors. That will hurt its revenue…  http://www.baltimoresun.com/business/bs-bz-hancock-groupon-grumps-20110607,0,650886.column



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Hot and cold on Groupon

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Thursday, October 08, 2009

Jay Hancock financial columnist for The Baltimore Sun

Click here for a larger image: http://twitpic.com/kp32s

Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer.

Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His blog may be found here: http://weblogs.baltimoresun.com/business/hancock/blog/ http://tinyurl.com/yargqu2

His columns appear Wednesdays and Fridays.

Recent posts:

Job-creation tax proposal could hurt hiring

Happy Birthday, Mr. Shattuck

Finally, the secret of stock markets, revealed

Nobel panel to labs: More ideas like these, please

Natural gas savings will beat BGE's 25% estimate

Apple dumps chamber over greenhouse gases

Will EDF's new boss kill the Constellation deal?

Patriotism, the last refuge...

Are you smarter than a subprime mortgage client?

Whose bonds to buy? NYC's or PG County's?

20091007 Jay Hancock

Art Library writer profiles, Business Economics, Journalists, Journalists Hancock Jay, Journalists profiles

http://kevindayhoff.blogspot.com/2009/10/jay-hancock-financial-columnist-for.html http://tinyurl.com/ycslhje

http://twitpic.com/kp32s Jay Hancock financial columnist for http://tinyurl.com/yargqu2 The Baltimore Sun http://tinyurl.com/ycslhje

http://kevindayhoff.tumblr.com/post/207419404/http-twitpic-com-kp32s-jay-hancock-financial
*****
Kevin Dayhoff Soundtrack: http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://www.kevindayhoffart.com/ Kevin Dayhoff Westminster: http://www.westgov.net/ Twitter: https://twitter.com/kevindayhoff Twitpic: http://twitpic.com/photos/kevindayhoff Kevin Dayhoff's The New Bedford Herald: http://kbetrue.livejournal.com/