Port predicts decrease in revenue
May 28, 2008 11:00 AM
The weakening economy and local competition could mean annual revenue dips 6.5 percent for the state-owned port, according to budget documents released by Virginia Port Authority.
Time Warner and partnership lead bid for The Weather Channel
May 28, 2008 10:59 AM
Time Warner Inc. and a partnership between Blackstone Group and General Electric Co.’s NBC Universal are the top contenders to buy The Weather Channel, according to The Wall Street Journal.
Federal student loan plan helps Sallie Mae
May 22, 2008 11:23 AM
The Bush administration is preparing to buy up student loans, giving a boost to the struggling student loan market, including Reston-based Sallie Mae.
Carlyle to buy Booz Allen’s government business
May 19, 2008 11:27 AM
The Carlyle Group is buying the majority stake of the U.S. government business of McLean-based Booz Allen Hamilton for $2.54 billion.