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Washington Business Report Sept. 4, 2011
As the anniversary of the 9/11 attacks approaches, you might wonder if your home or business is insured against an act of terrorism. Probably not says Bob Rusboldt of the Independent Insurance Agents and Brokers of America.
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NASA awards $135M satellite contract to Dulles firm
NASA has awarded a $135 million contract to Orbital Sciences Corp. to design, build and test an earth sciences satellite.
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Government blocks AT&T/T-Mobile merger
The Justice Department says that AT&T's $39 billion takeover of T-Mobile USA would reduce competition and raise prices in the highly competitive U.S. cell phone market.
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Washington Business Report Aug. 28, 2011
Jim Dinegar of the Greater Washington Board of Trade says businesses should plan for disruptions or damage to their operations. And Bob Rusboldt of Independent Insurance Agents and Brokers of America says businesses need to understand that all policies don’t provide seamless coverage against earthquakes, hurricanes or terrorism.
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Deven Sharma, head of Standard & Poor's, stepping down
The president of Standard & Poor's is stepping down, an announcement coming only weeks after the rating agency's unprecedented move to strip the United States of its AAA credit rating.
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Low mortgage rates sign of hope as worries over economy continue
Sonja and William Harrison have found a bright spot in the economic woes of the past week and are refinancing a house. Other signs indicate the recovery is still fragile.
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Increasingly violent flash mobs worry authorities, residents
Police released video of more than two dozen teenagers and young adults ransacking a 7-Eleven store in Germantown.
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Verizon workers take strike protest to CEO's doorstep
Members of the Communications Workers of America and the International Brotherhood of Electrical Workers plan to stage a candlelight vigil outside Lowell McAdam's residence in Mendham, N.J.
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Dunkin' Donuts not welcome in Annapolis community
Residents and others are upset that a Dunkin' Donuts will be moving to a historic community in Annapolis.
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U.S. suing bi bangs over mortgage mismanagement
The U.S. government is planning to sue some of the country's largest banks over mortgage-backed securities they sold that lost value in the housing market collapse.
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Firepot fuel recalled due to serious burn risk
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Ten companies are recalling 2 million bottles and jugs of the gel fuel used in outdoor decorations known as firepots because of the risk of serious burns.
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Back on track? Consumer spending up by largest amount since February
Consumer spending grew in July by 0.8 percent, the largest amount in five months. That followed a decline in June and helped ease fears that the U.S. economy is on the verge of another recession.
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Steve Jobs, Apple CEO and creative force, resigns
Steve Jobs, the mind behind the iPhone, iPad and other devices that turned Apple Inc. into one of the world's most powerful companies, resigned as CEO on Wednesday.
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Washington Business Report Aug. 21, 2011
ABC7’s Rebecca Cooper interviews Vicki Warker and Denise Hart from The Leadership Foundry to discuss the effort by Women in Technology to help more women land seats in corporate boardrooms in the D.C. region.
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Another big down day for Dow
Just when Wall Street seemed to have settled down, a barrage of bad economic reports collided with fresh worries about European banks Thursday and triggered a global sell-off in stocks.
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Wells Fargo to test $3 debit card fee
Wells Fargo plans to test a $3 monthly fee for its debit cards starting this fall.
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Trade in your old electronics at Target
Target says that customers can trade in used electronics, including calculators, cell phones, iPods and iPads, during the back-to-school shopping season.
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Latest on the markets
ABC7's Rebecca Cooper reports the latest on the markets.
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