orbit al put avante in touch with john schuster and his team, they rolled up their sleeves and found a way to provide a $215 million long-term loan to avante. orbital won the deal. today 300 americans have jobs building that satellite. and orbital is on schedule to launch that satellite in july from french gyana. we're joined today by dave thompson, the ceo of orbital. he'll be on the next panel talking about competitiveness. the company's cfo, garrett pierce serves on our advisory committee. he can tell but the difference they made. what happened here is two companies competing, the french company got financing and export bank leveled the playing field. they went head to head on cost, value, schedule, reliability. in the end orbital won, the workers at orbital won and america won because this deal continues to spur growth through the satellite industry in america. last year we financed sustained over 4,000 jobs at boeing, orbital and loral. these satellite deals have a multi-fly effect up and downstream. you've got suppliers selling parts to orbital and you have other companies maki

orbital put them in touch with john schuster and his team.y rolled up their sheaves, and they -- sleeves, and they found a way to provide a $215 million long-term loan to avante. today 300 americans have jobs building that satellite, and orbital is on schedule to launch that satellite in july from french guyana, and avante has plans for more satellites, hopefully now from america. in fact, we're joined by dave thompson who's the ceo, and he's going to be on the next panel talking about competitiveness. additionally, the company's ceo, garrett pierce, serves on our advisory committee, and they can tell you about the difference we made. now, what happened here is pretty simple. two companies competing, the french company got financing from its export credit agency, and ex-im bank leveled the playing field. orbital and astreum then went head to head on cost, on value, on schedule, on quality and reliability. and in the end, orbital won. the workers at orbital won. and america won because this single deal continues to spur growth in the satellite

simon and schuster, hachette and harpercollins settled with the justice department, but macmillan is fighting back. c.e.o. john sargent said changing the pricing model for e-books was the loneliest decision he ever made, adding he made it during a 4:00 a.m. workout in his basement. he called the settlement offer the justice department made "onerous." "after careful consideration, we came to the conclusion that the terms could have allowed amazon to recover the monopoly position it had been building." >> reporter: the justice department gives this plot a different twist. it says it's sending a message to the e-commerce marketplace that it won't tolerate plans to strangle new forms of competition, and the hero here appears to be amazon. >> they were the disruptive force in the market, and certainly publishers and apple did not like that. and the scheme here seems to have been directed at preventing those forms of competition from really flourishing. >> reporter: the justice department says the publishing conspiracy cost e-book readers tens of millions of dollars. that's a rounding error from apple, which is sitt