Early Briefing 10.22.2007

On Mondays, we turn the Business section over to local news. Here's a sampling of what can be found in today's Washington Business.


CEO Randy Falco is trying to make AOL into a global Internet advertising firm that can compete with Yahoo and Google.(By Helayne Seidman For The Washington Post)

* AOL chief executive Randy Falco outlines his vision for Internet company's future and says that business will focus more on capturing advertising dollars. See story.

* California Tortilla Group has grown quickly in the past few years by using its quirky personality to attract a loyal customer base. But the Rockville fast-casual chain faces challenges down the roads as it seeks to compete in the Mexican category with rivals Chipotle and Baja Fresh. See story.

* To ease concerns about its plans for the Manor Care nursing home chain, the Carlyle Group is sharing a patients' bill of rights that the private equity firm plans to implement once its buyout of the Toledo health care company is completed. See story.

* It turns out that Marriott International's "100 percent smoke-free" policy has had a few exceptions, including an upcoming cigar celebration at a New York hotel next month. Antismoking groups are not amused. See story.

* A Rockville drug maker's treatment for tuberculosis has been granted orphan drug status, which could aid its eventual approval. Sequella was started by a former government scientist 10 years ago. See story.

* Former Freddie Mac chief executive Leland C. Brendsel spent last week on the witness stand giving for the first time his side of the accounting troubles at the mortgage finance company. See story.

By Mike Shepard  |  October 22, 2007; 2:59 AM ET  | Category:  Morning Brief
Previous: Early Briefing | Next: Harman, Buyers Settle Over Aborted Merger

Comments

Please email us to report offensive comments.



The comments to this entry are closed.

 
 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company