Archive: May 17, 2009 - May 23, 2009

Early Briefing: Amazon Sues Discovery Over Patents has sued Silver Spring-based Discovery Communications, accusing it of infringing on patents related to product searches on its shopping Web sites. In a lawsuit filed Friday in Seattle, Amazon said Discovery's online store violated four patents that allow consumers to narrow searches for products or receive recommendations based on...

By Terri Rupar | May 20, 2009; 7:30 AM ET | Comments (0)

SRA Names Nadeau CFO

Fairfax-based SRA International named Rick Nadeau, former finance chief for Sunrise Senior Living, executive vice president and chief financial officer. Nadeau will start June 1, when acting finance chief Melissa Burgum will return to her role as corporate controller. Then-chief financial officer Steve Hughes said in December that he was...

By Terri Rupar | May 19, 2009; 2:46 PM ET | Comments (0)

FBR Selling Stake in FBR Capital Markets

The company officially known as Friedman, Billings, Ramsey Group is splitting up with FBR Capital Markets. The company, now doing business as Arlington Asset Investment Corp., said late last night that it plans to cut its ownership in FBR Capital Markets to 39 percent from about 56 percent by June...

By Terri Rupar | May 19, 2009; 11:13 AM ET | Comments (0)

Early Briefing: Disney Plans National Harbor Hotel Resort

Walt Disney Co. has bought a 15-acre parcel at Prince George's County's sprawling National Harbor development, a shot in the arm for a project that opened with big ambitions a year ago, only to run headfirst into one of the sharpest economic declines in decades. Disney plans to build a...

By Terri Rupar | May 19, 2009; 7:30 AM ET | Comments (0)

O'Malley Announces Plan for Biotech Center

Gov. Martin O'Malley and state officials said the Maryland Biotechnology Center in Montgomery County will open within 60 days in the Shady Grove Life Sciences Park with another office "co-located" at the World Trade Center in Baltimore. Read about it on Maryland Moment here....

By Terri Rupar | May 18, 2009; 3:25 PM ET | Comments (0)

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