Thursday, Jan. 31, 2008

Names and Notes

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Distributor suesUSA Today publisher

NewsOne Newspaper Distribution Services LLC of Colmar Manor has sued Gannett Co. of McLean, Va., saying the publisher of USA Today broke its contract when it switched distribution of the daily paper to The Washington Post Co.

The Washington Post Co., which owns The Gazette, contracted to replace NewsOne this month. NewsOne’s predecessor company, CNC, started distributing USA Today in 1987, according to the complaint filed in U.S. District Court in Greenbelt.

Foreclosures up348% in county in ’07

U.S. foreclosure activity increased 75 percent in 2007, according to data firm RealtyTrac. Foreclosures in Prince George's jumped 348 percent, from 1,558 in 2006 to 6,983 in 2007.

The county had the most foreclosures in the state, followed by Baltimore City at 3,349.

Bowie bank reportsearnings drop

Washington Savings Bank of Bowie reported net income was $252,000 for the quarter ending Dec. 31, down 54 percent from the prior-year quarter.

The decrease reflects the general slowdown of the residential real estate market and the related decline in mortgage loan originations, according to company information.

Bowie chamber hosts session on insurance

The Greater Bowie Chamber of Commerce will host a meeting covering state subsidies for employers’ medical insurance benefits at 8:30 a.m. Feb. 7 at Bowie City Hall, 2614 Kenhill Drive.

Speakers include Vincent DeMarco, president of the Maryland Citizens’ Health Initiative, and John Colmers, secretary of the state Department of Health and Mental Hygiene.

Information: 301-262-0920 or info@bowiechamber.org.

Names & Notes reports news of startups, new developments, key personnel changes and trends affecting county business. Items may be mailed to Liza Gutierrez, The Star, 13501 Virginia Manor Road, Laurel, MD 20707; faxed to 240-473-7501; or e-mailed to lgutierrez@gazette.net.