Early Briefing: The Lerners and The City

*The Lerners drew on their experience in developing successful malls and office centers in working with the new Nationals stadium. Mark Lerner, son of Bethesda real estate magnate Theodore N. Lerner, who heads the ownership group, said the family's goal was to bring personality to the stadium - and bring more money in.

The city's goal is the broader economic redevelopment of the area around the stadium, which has created some tension with the family over issues such as a sign on voting rights and a push to get the city to pay for uniforms.

*The D.C. Coalition of Cabdrivers, Companies and Associations argued in court yesterday that the mayor doesn't have the power to order a switch to time-and-distance meters, that only the D.C. Taxicab Commission does. See story

*Maryland Gov. Martin O'Malley and Constellation Energy officials hailed their agreement to give 1.1 million Maryland electricity customers a one-time $170 credit. Constellation chief executive Mayo A. Shattuck III said in a statement last night, "All parties gain meaningfully in this carefully crafted settlement, and the overarching value is a return to regulatory stability and normalcy." See story

*Eleven states urged communications regulators to consider imposing conditions on Sirius Satellite Radio's proposed merger with District-based XM Satellite Radio Holdings. The attorneys general of the states, led by Marc Dann of Ohio, said they were disappointed that the Justice Department cleared the deal Monday. Allowing the merger to proceed "unchallenged or without the imposition of appropriate terms and conditions" hurts competition, the attorneys general wrote to Federal Communications Commission Chairman Kevin J. Martin.

*A unit of General Dynamics won a $31.5 million Army contract to supply technical support for its Abrams tanks. General Dynamics Land Systems will perform engineering studies to identify improvements and replace obsolete parts on Abrams main battle tanks. Shares of General Dynamics, of Falls Church, were down 92 cents, at $83.12.

*The Air Force Space and Missile Systems Center selected Orbital Sciences as one of four companies to participate in a $250 million missile contract. This is the Dulles company's third missile contract under the Air Force's Sounding Rockets Program, which supplies the Air Force, other Department of Defense agencies and NASA.

By Terri Rupar  |  March 28, 2008; 5:00 AM ET  | Category:  Morning Brief
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