Legal Blog

Mid-Atlantic Business Minute: Sizzling Summer Growth

News regarding economic development and transactions can oftentimes be bland.  It’s never all that surprising to read a story about another bank merger or yet another entertainment company expanding its streaming services in order to reach more cord cutters.  However, a story about being able to travel between D.C. and NYC in 29 minutes is anything but bland.  Is such travel physically possible?  I honestly have no idea, but if it is it would revolutionize business travel on the east coast and would likely lead to a rapid expansion of economic activity.  Think about this, it would be possible to live in downtown D.C. while working in NYC and still having a very reasonable commute.  This sounds like something out of a science fiction movie, but many of the daily conveniences we take for granted today would have belonged in a science fiction movie not long ago.




What’s Driving Discovery’s Talks to Acquire Scripps? The Promise of a $3 Bundle
Washington Business Journal

Discovery Communications Inc.’s renewed interest in acquiring the parent company of HGTV and the Food Network is being driven, at least in part, by a plan from the Silver Spring-based media company to package its unscripted programing with that of Scripps Networks Interactive Inc. for a $3 or $4 monthly streaming service. Read More


WashingtonFirst Boost Profits Ahead of Purchase by Sandy Spring Bank
Washington Business Journal

WashingtonFirst Bank (NASDAQ: WFBI) is seeing a jump in profits as it works to complete its $489 million sale to Sandy Spring Bank (NASDAQ: SASR), according to second quarter financial results released Friday. Read More


Economic Development in the DMV

On a Hot Streak, Jefferson County Looks to Keep on Rolling
WV Metro News

Economic developers in Jefferson County are playing a hot hand. Earlier this month, state officials announced the Danish company ROXUL intends to break ground in October on a stone wool insulation facility that would employ 150 people. Read More


First Phase of $155M Cole Field House Renovation Nears Completion
Washington Business Journal

The first phase of the overhaul of Cole Field House is set to be completed next week, part of a $155 million renovation of the storied College Park arena. Read More


Elon Musk Says He Has Approval to Build a Hyperloop between NYC and DC

A New York to Washington hyperloop trip in 29 minutes is what Elon Musk says he has on the table. Read More



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