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Illinois company acquires Rockville benefits firm

Arthur J. Gallagher & Co., of Itasca, Illinois, announced it has acquired Independent Benefit Services Inc., of Rockville.  Terms of the transaction were not disclosed. Founded in 1989, iBEN provides employee benefits, human resources and retirement plan consultation and brokerage ...

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Bethesda firm partners on cannabis products

Cannabics Pharmaceuticals Inc., a drug development company based in Bethesda, has partnered with Mountain High Products in Colorado for the manufacturing and distribution of Cannabics SR medical cannabis products in Colorado. Under the terms of an agreement, Cannabics Pharmaceuticals is ...

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UAW disputes argument against raises

(AP) United Auto Workers President Dennis Williams says he’s not buying the Detroit Three automakers’ argument against wage increases for longtime workers. Williams told reporters at a meeting Monday that keeping Detroit competitive with foreign automakers can’t always be done ...

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Peterson sues NFL over ruling

(Bloomberg) Minnesota Vikings running back Adrian Peterson and the NFL Players Association challenged an arbitration decision upholding his indefinite suspension following a no-contest plea to reckless assault. Peterson, who was accused of striking his 4-year-old son with a switch, “suffers ...

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Frederick receives grant for concert

The Downtown Frederick Partnership is among 10 nonprofits to be awarded $250,000 in matching funds from the Levitt Pavilions and the Mortimer & Mimi Levitt Foundation for a free outdoor concert. The funds were given as part of the first ...

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Sony lawyer: Don’t publish breaches

(AP) A lawyer representing Sony Pictures Entertainment is warning news organizations not to publish details of company files leaked by hackers in one of the largest digital breaches ever against an American company. The Sony materials include studio financial records, ...

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Lockheed wins two missile contracts

Lockheed Martin, the Bethesda-based defense contractor, announced Monday that the U.S. Air Force and U.S. Navy have approved contracts related to missiles. The Air Force has approved full-rate production for the Joint Air-to-Surface Standoff Missile – Extended Range, which recorded ...

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