Early Briefing

*A developer wants to buy all 60 houses in the Sacks neighborhood of Bethesda, off Wisconsin Avenue, and redevelop the property. The plan could make millionaires out of the residents, but officials and residents aren't sold. See story

*Sprint Nextel's interim chief executive, Paul Saleh, says he has been working to rally his workforce and get the company focused. See story.

*Taxi drivers were split on the decision to move from a zone system to a metered one for fares. See story

*Lance Poulsen, the indicted former chief executive of a company that invested in hospitals including Greater Southeast Community Hospital, was arrested on charges of offering a witness money to change her testimony. See story.

*MacroGenics of Rockville sold exclusive rights for its lead drug in development, a treatment for Type I diabetes, to Eli Lilly. See story.

*Arlington Capital Partners is buying the Daily Racing Forum and its Web site. See story.

*Radio One of Lanham said it will sell WTPS-AM, a Miami radio station, to Salem Communications for about $12.3 million. After the deal closes, Radio One will own or operate 54 stations in 17 U.S. cities. See press release.

*XM Satellite Radio said General Motors will install its radios as standard equipment on all 2008 Buick, Hummer and Saab models. XM is standard on most of GM's 2008 Saturn, Chevrolet, GMC and Pontiac models. See press release.

By Terri Rupar  |  October 19, 2007; 5:00 AM ET  | Category:  Morning Brief
Previous: Capital One Posts Loss on Mortgage Unit Shutdown | Next: Early Briefing 10.22.2007


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