AMC Networks Inc. is investing $65 million in Silver Spring-based RLJ Entertainment, a company backed by the founder of Black Entertainment Television, creating a partnership aimed at reaching two niche audiences — African-American viewers and fans of British programming — ...
Read More »Cass R. Sunstein: Consumer agency is unusual, but it’s not unconstitutional
In one of the most stunning rulings in recent years on separation of powers, the prestigious federal court of appeals in Washington, D.C., on Tuesday struck down the law creating the Consumer Financial Protection Bureau — at least as ...
Read More »Amazon said to limit warehouse access to new merchants
Amazon.com is restricting merchant access to its warehouses during the busy holiday shopping season, people familiar with the matter said, signaling that the online retailer is worried about capacity issues that have created problems in the past. The Seattle e-commerce ...
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Read More »Megan McArdle: Ending the death penalty
It’s a topic the public feels strongly about. But it’s also a topic on which the public’s feelings have swung quite rapidly. Hmm. Americans began to favor abolishing the death penalty in the 1960s, and then, abruptly, shifted back to ...
Read More »SunEdison hopes to hang on to Terraform in bankruptcy reorganization
Almost six months after filing the biggest U.S. bankruptcy of 2016, SunEdison Inc. is taking steps to work out a reorganization plan without liquidating a prize asset: its controlling stake in Bethesda-based TerraForm Power Inc. according to people familiar with ...
Tagged with: SunEdison Inc. Terraform Power Inc.
Read More »Gannett, Sun parent said to be fine-tuning details after bridging value gap
Gannett Co. and Tronc Inc. have bridged a valuation gap that caused months of friction, but are still hammering out the details of a transaction, people familiar with the situation said. The parties haven’t reached a final agreement, and an ...
Tagged with: Baltimore Sun gannett Tronc
Read More »Eyeing European growth, Discovery hires CFO from German broadcaster
Discovery Communications Inc., the U.S. cable-TV company that’s on a growth spurt in Europe, named Gunnar Wiedenfels chief financial officer, plucking an executive from Germany’s ProSiebenSat.1 Media SE. Wiedenfels, 39, will join around April 1, Silver Spring, Maryland-based Discovery said ...
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Read More »Congress weighs rewrite of Saudi 9/11 law after veto override
The two top Republicans in Congress said they’re prepared to rewrite legislation allowing victims of the Sept. 11 attacks to sue Saudi Arabia – less than 24 hours after Congress took the extraordinary step of overriding President Barack ...
Read More »Nike’s slowdown seen as sign Under Armour, others gaining
Nike’s closely watched futures orders are barely increasing in North America, renewing concerns that Under Armour and other competitors are hamstringing the company’s once-torrid growth. The orders — a key indicator of demand for the brand’s sneakers and ...
Tagged with: Nike Under Armour
Read More »Congress easily overrides Obama veto of Saudi 9/11 lawsuit bill
Congress turned aside a last-ditch lobbying effort by the White House and Saudi Arabia Wednesday and overrode President Barack Obama’s veto of a bill that would allow the kingdom to be sued for involvement in the Sept. 11 attacks. The emotions ...
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