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Sinclair announces new borrowing plan
Sinclair Broadcast Group Inc., of Hunt Valley, an independent television broadcasting company, said its wholly owned subsidiary, Sinclair Television Group Inc., intends to raise incremental term loans and revolving commitments and amend certain terms under its existing bank credit facility, primarily to pay for previously announced acquisitions and repay outstanding debt.
Small businesses temporarily sidestep health law
NEW YORK — Many small businesses have found a way to temporarily sidestep some of the headaches brought on by the new health care law. One of them is Huber […]
Wal-Mart to open 2 D.C. hiring centers after dispute
Wal-Mart is opening two hiring centers in Washington just days after the D.C. Council failed to override a veto of an effort to require other large retailers to pay employees a "living wage."
Walgreen joins move to private health insurance exchange
Walgreen Co. is joining a growing push from big businesses to shift more responsibility for finding insurance onto their employees as health care costs continue to climb. The nation’s largest […]
MBRG urges business climate study for Md.
Maryland Business for Responsive Government, a business-focused research and education group, is urging Gov. Marvin O’Malley to form a blue-ribbon commission to study and present an overall strategy to improve Maryland’s business climate.
TA Associates buys majority stake in Bethesda-based Arxan
TA Associates, a Boston-based global growth private equity firm, announced it has completed a majority investment in Arxan Technologies Inc., of Bethesda, a provider of software security products.
Pandora wins court battle with music publishers
LOS ANGELES — Internet radio leader Pandora has won a court battle with the music publishing society known as ASCAP that could help it lower its royalty payments. Pandora pays […]
CEOs less optimistic about the U.S. economy
NEW YORK — U.S. chief executives are less optimistic about the economy, according to a survey released Wednesday. The survey also indicates that disagreements over the 2014 budget and raising […]
SEC moves toward mandate on CEO-worker pay gap
WASHINGTON — Public companies would have to show the difference in pay between their CEOs and ordinary employees under a proposal advanced by federal regulators. The Securities and Exchange Commission […]
National Aquarium brings back discount program
The National Aquarium in Baltimore is bringing back two discount programs to help keep the attraction affordable to Maryland residents. The aquarium announced that its Fridays After Five and Maryland […]
Starbucks says guns unwelcome, though not banned
NEW YORK — Starbucks says guns are no longer welcome in its cafes, though it is stopping short of an outright ban on firearms. The fine line that the retailer is walking to address the concerns of both gun rights and gun control advocates reflects how heated the issue has become, particularly in light of recent mass shootings. Most states allow people to openly carry licensed guns in some [...]
Wage bill affecting Wal-Mart dies in D.C.
WASHINGTON — An effort to require Wal-Mart and other large retailers to pay their employees a “living wage” of at least $12.50 an hour met its end Tuesday when the […]
