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Wash Post Local Business



The Washington Post Local Business section provides coverage and analysis of local companies and business news in Washington D.C.,Maryland,and Virginia.



 



Roof-and-gutter service finds the silver lining in Snowmageddon

Mon, 05 Jul 2010 00:00:00 EDT

Part of running a business is knowing when opportunity hits and grabbing it. Better to be lucky than smart, right?


Media Files:
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Federal government balks at paying D.C. sewer levy

Mon, 05 Jul 2010 00:00:00 EDT

A new storm water management fee is costing commercial property holders in the District, but the city's largest property owner and the instigator of the levy -- the federal government -- has suggested it is exempt.



Law firms expand despite downturn

Mon, 05 Jul 2010 00:00:00 EDT

Washington-based Arent Fox, which like many law firms has been exploring how it can reshuffle practice areas and restructure in light of the economic downturn, is launching an insurance and reinsurance unit in New York.



Rate on 30-year fixed mortgage rises to 4.81 pct.

Thu, 24 Mar 2011 10:13:17 EDT

NEW YORK -- Fixed mortgage rates edged up this week, but even 30-year rates below 5 percent have done little to boost home sales.
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USA Today rewrites strategy to cope with Internet

Wed, 23 Mar 2011 17:35:25 EDT

McLEAN, Va. -- USA Today, a newspaper created nearly 30 years ago to appeal to people who grew up watching television, is revising its formula to try to counter the Internet's threat to its survival.


Media Files:
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Leggett, Montgomery County unions spar over pension costs

Tue, 22 Mar 2011 16:50:04 EDT

For years, officials in wealthy, liberal Montgomery County have avoided difficult decisions on scaling back pensions and health-care benefits for retirees. Now, the long-term shortfall is $4.8 billion.


Media Files:
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GAO rules against homeland security contract

Mon, 21 Mar 2011 17:16:00 EDT

The decision could be significant for agencies reevaluating their IT programs in the wake of Office of Management and Budget reviews launched last year.



FED FACES: Wendy Davis

Mon, 21 Mar 2011 13:43:02 EDT

Wendy Davis works to help consumers see the light - all kinds of it. As head of the Vision Science Laboratory, she sees her mission not just in scientific applications but also in 'the primary purpose of lighting - to help people see the world around them.'
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Media Files:
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Curtains for historic Takoma Theatre?

Mon, 21 Mar 2011 13:29:05 EDT

To admirers, the dilapidated Takoma Theatre is a vital piece of Washington's history. To its impatient owner, "It's a piece of junk." Both sides are locked in an increasingly tense saga about whether and how to save a landmark that has failed economically.


Media Files:
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In Bethesda homicide case, concern shifts from street crime to workplace violence

Mon, 21 Mar 2011 08:49:00 EDT

The dramatic turnaround in the Bethesda yoga clothing store homicide case aroused new fears of workplace violence.



Washington area appointments and promotions for the week of March 21

Sun, 20 Mar 2011 21:37:00 EDT

Veris Consulting of Reston named Ned Barnes, formerly a director with LECG, managing director in its forensic accounting practice group and John Gillespie managing director in its outsourced accounting and financial management practice group.



Washington area business events for the week of March 21

Sun, 20 Mar 2011 18:25:01 EDT

Send potential listings to facetime@washpost.com at least two weeks in advance.
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Insurance brokers seek protection as health-care law squeezes payments to them

Sun, 20 Mar 2011 15:08:00 EDT

Brokers, worried their livelihoods are in jeopardy from the health law, are pressing Congress and state legislatures to safeguard agent commissions and guarantee them a role in new online marketplaces where consumers will shop for coverage.



Drivers feel the pain as gas nears $4 a gallon

Sun, 20 Mar 2011 14:10:11 EDT

Rising gas prices are killing the cabbies and sending other drivers looking for different ways to get from here to there.


Media Files:
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Maryland budget fights will focus on benefits for state workers, tax increases

Sun, 20 Mar 2011 11:32:00 EDT

Maryland's emerging budget plan, with which few say they are pleased, is a case study of conflicting priorities in one of only 10 states that are a fully Democratic laboratory.



Lululemon Bethesda slaying arrest announced

Sun, 20 Mar 2011 08:22:03 EDT

The woman who police believed was a brave survivor of a brutal attack at a Bethesda yoga store has now been charged with killing her co-worker, even after she convinced detectives that two men in ski masks and gloves raped and beat them. Brittany Norwood, 28, left, was charged late Friday with murde
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Media Files:
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Union-free Virginia not spared state pension woes

Sat, 19 Mar 2011 19:05:00 EDT

Virginia is one of only a handful of states that prohibit collective bargaining for public employees in state and local government.



Prince George's creates $50 million fund to spur jobs, development

Sat, 19 Mar 2011 15:38:00 EDT

Prince George's County Executive Rushern L. Baker III is hoping the county's new economic development corporation will help attract more business and jobs to the jurisdiction.



Lululemon Bethesda slaying arrest announced: Brittany Norwood being charged with murder

Sat, 19 Mar 2011 00:15:03 EDT

The woman who police believed was a brave survivor of a brutal attack at a Bethesda yoga store has now been charged with killing her co-worker, even after she convinced detectives that two men in ski masks and gloves raped and beat them. Brittany Norwood, 28, left, was charged late Friday with murde


Media Files:
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SEC moves toward charging Fannie Mae, Freddie Mac executives

Fri, 18 Mar 2011 20:22:01 EDT

setting up a clash with the housing regulator that oversees the companies.
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Region's unemployment down in sign of recovery

Fri, 18 Mar 2011 13:13:01 EDT

The unemployment rate in the Washington region dropped in January to 6.1 percent from 6.9 percent a year before, according to U.S. Labor Department data released Friday, showing job growth taking hold in most sectors but lingering problems in state and local government.



Average rate on 15-year mortgage dips below 4 pct.

Thu, 17 Mar 2011 10:40:50 EDT

NEW YORK -- Fixed mortgage rates tumbled this week and the 15-year loan dipped below 4 percent for the first time in three months. Rates followed the yield on U.S. Treasury bonds, which fell on worries that the crisis in Japan could slow economic growth.



OPM's John Berry calls for new performance-review system for federal workers

Thu, 17 Mar 2011 10:16:00 EDT

Office of Personnel Management Director John Berry calls for a new performance-management system, without big changes to the General Schedule.



Panel urges TSA to implement 'trusted travelers' program

Thu, 17 Mar 2011 10:04:00 EDT

Treating every airport passenger as a potential terrorist slows the security system and deters some people from flying, according to a new report.
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Media Files:
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For O'Malley and friend, interests align in offshore wind bill

Thu, 17 Mar 2011 09:47:02 EDT

Michael R. Enright, former O'Malley chief of staff, stands to gain if his firm is picked to participate in O'Malley's $1.5 billion offshore wind farm project.


Media Files:
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OPM's John Berry calls for new performance-review system for federal workers

Thu, 17 Mar 2011 00:37:00 EDT

OPM Director John Berry calls for a new performance-management system, without big changes to the General Schedule.



Md. panel's school-funding vote defuses fight with teachers; pension-plan rift remains

Wed, 16 Mar 2011 22:32:01 EDT

Maryland State Education Association says it has "drawn a line in the sand" on budget cuts.



Wis. slashing of collective-bargaining rights jars federal unions

Wed, 16 Mar 2011 19:47:01 EDT

The decision to severely slash public employee collective-bargaining rights in Wisconsin is sending a jolt through federal unions in Washington.
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Gannett names David A. Payne chief digital officer

Wed, 16 Mar 2011 11:46:27 EDT

McLEAN, Va. -- Gannett, which publishes USA Today and other newspapers, says it has named David A. Payne as chief digital officer, replacing Christopher Saridakis, who left last spring.



Budget impasse means less paid overtime for some feds

Tue, 15 Mar 2011 23:40:02 EDT

Ongoing budget negotiations on Capitol Hill are forcing the Social Security Administration to suspend paid overtime for workers who process benefits and review applications.



Rushern Baker seeks Prince George's development fund for economic boost

Tue, 15 Mar 2011 20:02:01 EDT

A fund that the Prince George's County executive wants to finance from a one-time $116 million surplus is a major element of the $2.63 billion spending plan he formally released Monday.



Leggett's Montgomery County budget has something for everyone to fight

Tue, 15 Mar 2011 16:37:02 EDT

The county executive's proposed spending plan - which closes a $300 million budget gap - raises property tax rates and pointedly rejects a recent series of labor rulings under the county's collective bargaining laws.
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National group weighs in on W.Va. chemical lawsuit

Tue, 15 Mar 2011 15:19:01 EDT

CHARLESTON, W.Va. -- A national lobbying group for the chemical industry wants a federal judge in West Virginia to tread lightly in a lawsuit over a deadly chemical stored at a Bayer CropScience plant, arguing his rulings could have nationwide implications.



National industry group warns judge against declaring MIC storage in W.Va. a public nuisance

Tue, 15 Mar 2011 13:13:02 EDT

CHARLESTON, W.Va. - A national lobbying group for the chemical industry wants a federal judge in West Virginia to tread lightly in a lawsuit over a deadly chemical stored at a Bayer CropScience plant, arguing his rulings could have nationwide implications.



Treasuries climb as official says Obama to seek spending freeze

Tue, 15 Mar 2011 13:07:01 EDT

Yields on 10-year notes fell the most in almost three months as the Bank of Japan's efforts to provide liquidity and expand an asset-purchase program failed to stem an equity selloff, which sent the Nikkei 225 Stock Average down as much as 14 percent and sapped U.S. stocks. Two-year note yields...



U.S. Stocks Drop as S&P 500 Falls to Lowest Level Since January

Tue, 15 Mar 2011 12:41:01 EDT

General Electric Co., which is in talks to sell reactors to India, fell 2.5 percent. Alcoa Inc. and Anadarko Petroleum Corp. slumped at least 1.4 percent as commodity prices fell amid speculation demand will slow. Intel Corp. dropped 3.1 percent after Nomura Holdings Inc. cut its recommendation for...
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Both victims in Bethesda yoga store attack were beaten, raped

Tue, 15 Mar 2011 07:15:07 EDT

The masked assailants who slipped into a Bethesda yoga store and attacked two workers raped both of them, beat one to death, and beat and bound the other in what police said Monday was a brutal, bloody attack.


Media Files:
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Postal Service, largest union reach new 4 1/2 year deal

Tue, 15 Mar 2011 00:00:00 EDT

The U.S. Postal Service and one of its largest labor unions have reached agreement on a new 41/2-year contract that would give raises to about 205,000 workers but force them to pay more for their health insurance.



FED FACES: Wendy Davis

Tue, 15 Mar 2011 00:00:00 EDT

Lighting the way to a new standard Wendy Davis: Vision Scientist, National Institute of Standards and Technology (NIST). Part of Davis's mission is to help manufacturers bring energy-saving lighting to consumers


Media Files:
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Wis. slashing of collective-bargaining rights jars federal unions

Tue, 15 Mar 2011 00:00:00 EDT

Like a bad vibe spreading across the land, the decision to severely slash public-employee collective-bargaining rights in Wisconsin is sending a jolt through federal unions in Washington.
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Media Files:
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Postal Service, largest union reach new 4 1/2 year deal

Mon, 14 Mar 2011 17:55:02 EDT

The U.S. Postal Service and one of its largest labor unions have reached agreement on a new 41/2-year contract that would give raises to about 205,000 workers but force them to pay more for their health insurance.



Rising gas prices hit businesses big and small

Mon, 14 Mar 2011 14:29:06 EDT

The price of fuel jumps dramatically, from a national average of $3.12 one month ago to $3.54 as of Friday, according to AAA. In the Washington area, the average price of regular gas hit $3.52 in Maryland and $3.46 in Virginia last week.


Media Files:
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Woman slain in Bethesda Lululemon store remembered as 'a fighter'

Mon, 14 Mar 2011 13:17:00 EDT

Jayna Murray was working on a second master's degree and had bungee-jumped on her 30th birthday. She was slain March 11 by masked intruders at the Lululemon store in Bethesda.



Inadequacy of crash test dummies leaves many child safety seats with no federal standards

Mon, 14 Mar 2011 12:52:01 EDT

A lack of suitable crash test dummies has left many car seats unregulated - and untested.
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Inadequacy of crash test dummies leaves many child safety seats with no federal standards

Mon, 14 Mar 2011 12:48:01 EDT

A lack of suitable crash test dummies has left many car seats unregulated - and untested.



Answer Man: A Starbucks, a Safeway - and a cemetery

Sun, 13 Mar 2011 21:27:03 EDT

What's the story behind the cemetery in the parking lot of Fairfax's Pan Am Shopping Center? Answer Man knows.


Media Files:
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Leggett proposes broad 5-cent bag tax in Montgomery

Sun, 13 Mar 2011 19:07:00 EDT

MoCo Executive Isiah Leggett (D) proposed a 5-cent bag tax Monday that would apply to nearly all retail establishments.



Unemployment rate slipped in Md. and Va. in January, held steady in D.C.

Sun, 13 Mar 2011 19:04:00 EDT

The unemployment rate fell slightly in Maryland and Virginia in January but remained steady in the District, according to Labor Department data released Thursday. The data show strong job growth in D.C. and Virginia but losses in Maryland.
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Washington area business events for the week beginning March 14

Sun, 13 Mar 2011 18:43:01 EDT

Send potential listings to facetime@washpost.com at least two weeks in advance



Washington area appointments and promotions for the week beginning March 14

Sun, 13 Mar 2011 18:39:01 EDT

Here's a look at who is moving where.



Woman killed, another sexually assaulted at Bethesda Lululemon store

Sat, 12 Mar 2011 23:45:03 EST

Police think the attack at an upscale yoga-wear store in Bethesda Row began as a robbery.


Media Files:
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In shaky economic times, Virginia doling out tax breaks

Sat, 12 Mar 2011 21:58:02 EST

For four years, the Virginia General Assembly has scrimped, scrounged and borrowed to pay for schools, highways, police, and public programs that care for the mentally ill, the disabled and the poor.
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Media Files:
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What to expect from D.C.-area housing market this spring

Fri, 11 Mar 2011 13:00:00 EST

The Post's real estate section editor Elizabeth Razzi and real estate reporter Dina ElBoghdady take questions about the springtime housing market in the Washington area.



Major changes ahead for mortgage system as U.S. seeks to scale back role in housing

Fri, 11 Mar 2011 12:13:01 EST

Fundamental changes are probably ahead for the American mortgage system as the federal government pushes to unwind its unprecedented involvement in the housing market.


Media Files:
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Pepco hires two attorneys for 'blue ribbon panels' on reliability

Fri, 11 Mar 2011 00:00:00 EST

Pepco has hired two prominent lawyers with extensive political experience to head what the company called "blue ribbon panels" to examine the utility's reliability problems in a series of public meetings in Prince George's County and the District.



Federal Housing Administration leader David Stevens will leave post

Thu, 10 Mar 2011 22:56:01 EST

David H. Stevens plans to leave his post as head of the Federal Housing Administration by the end of April after guiding the agency through its toughest financial challenges in one of the housing market's darkest periods.
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Pepco hires two attorneys for 'blue ribbon panels' on reliability

Thu, 10 Mar 2011 22:49:02 EST

Pepco has hired two prominent attorneys with extensive political experience to head what the company called "blue ribbon panels" to examine the utility's reliability problems in a series of public meetings in Prince George's County and the District.



Country star Chesney to headline Final Four event

Thu, 10 Mar 2011 19:52:31 EST

INDIANAPOLIS -- Country music star Kenny Chesney will headline the Final Four's Capital One JamFest in Houston.



Nurses' strike cost Washington Hospital Center $6 million

Thu, 10 Mar 2011 19:43:01 EST

Washington Hospital Center spent about $6 million to hire 600 temporary nurses, beef up security and cover other costs during last week's nurses' strike and subsequent lockout at the region's largest hospital, hospital officials said.



Capital 1 CEO's pay doubles to $14.9M in 2010

Wed, 09 Mar 2011 23:05:33 EST

NEW YORK -- Capital One Financial Corp. awarded its CEO, Richard Fairbank, a compensation package worth nearly $14.9 million in 2010, more than double what he received in 2009, according to an Associated Press analysis of a regulatory filing Wednesday.
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Bicycle advocates lobby Congress with jobs pitch

Wed, 09 Mar 2011 22:53:04 EST

Participants in the National Bike Summit trying to protect federal funds for trails and safety programs plan to lobby lawmakers with a clear message: Bicycle shops create jobs.


Media Files:
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Three D.C. officers charged with attempting to receive stolen goods

Wed, 09 Mar 2011 22:43:02 EST

The officers appear in Superior Court on stolen-property charges.



Howard L. Brooks, consultant to D.C. Mayor Vincent Gray, linked to lottery disputes

Wed, 09 Mar 2011 22:39:01 EST

A campaign consultant to Mayor Vincent C. Gray was involved in a bid to operate the District's lottery six years after a federal court found that he had overcharged the operator of Georgia's lottery more than $1 million.



Battle royal over federal worker pay

Wed, 09 Mar 2011 22:37:01 EST

All that Wednesday's House hearing on federal pay needed to be complete was an announcer with a booming voice asking the packed room, "Are you ready to rumble?"
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SEC porn probe caught workers in D.C., 6 other cities

Wed, 09 Mar 2011 19:20:01 EST

The 33 Securities and Exchange Commission employees and contractors reprimanded last year for accessing pornography on agency computers worked in the District and in six regional offices, according to documents released as part of a lawsuit.



$10M is sought from D.C. by firm with ties to Gray campaign adviser

Tue, 08 Mar 2011 21:28:03 EST

A now-defunct radiology firm with ties to Mayor Vincent C. Gray campaign consultant Howard L. Brooks is seeking $10 million from the city for services it claims to have provided to the taxpayer-supported United Medical Center.


Media Files:
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Taxpayers caught in the middle of costly Fannie lawsuit

Tue, 08 Mar 2011 20:49:04 EST

What could be worse than taxpayers paying more than $100 million to defend a shareholder-owned company and its former executives in a private lawsuit?



Developer, residents at odds over Fairfax child-care center

Tue, 08 Mar 2011 20:09:02 EST

A Fairfax County developer is at odds with local officials and residents over plans to build a child-care center that they say would spoil the serenity of the community and cause traffic backups during rush hour.
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Media Files:
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D.C.'s pot pioneers: Seeking a piece of the medical marijuana action

Tue, 08 Mar 2011 04:06:00 EST

Every new industry is driven by risk-taking pioneers. It's no different with medical marijuana in the District, where those seeking a piece of the cannabis action include an electrician from Baltimore, an unemployed administrator who lives in Southeast Washington and the owners of a hemp clothing st


Media Files:
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Pepco reliability plan 'cobbled together' without detailed study, report finds

Tue, 08 Mar 2011 00:14:00 EST

Pepco's multimillion-dollar plan to reduce power outages and improve reliability was "cobbled together" without detailed study and could fail to achieve its goals, a team of independent consultants has found.



Historic union vote for airport officers begins

Mon, 07 Mar 2011 20:39:01 EST

At a time when basic public employee union activities in state governments are under attack, Uncle Sam is staging what labor leaders say is the largest federal union organizing effort in history.



Westbury, SEC settle case of D.C. charter-school funds

Mon, 07 Mar 2011 20:02:01 EST

Eric M. Westbury Sr., a financial executive accused in 2006 of defrauding the District of Columbia over funds earmarked for charter schools, has agreed to pay a $130,000 penalty to the federal government.
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New at the top: John (Jack) Remondi

Sun, 06 Mar 2011 23:18:01 EST

An gift of stock at age 12 leads to a career in finance.



Boeing consolidating Washington presence with new Crystal City office

Sun, 06 Mar 2011 22:02:00 EST

Defense contractor Boeing is bolstering its Washington area operations by finalizing plans for two new office complexes, in Crystal City and Germantown, where it will collectively move nearly 1,000 employees.



Six Flags job fair puts applicants in the spotlight

Sat, 05 Mar 2011 18:16:00 EST

Ikea Hunter didn't know quite what to expect at her job interview Saturday, but she was relatively certain it wouldn't involve dancing with one of her prospective employer's managers.



Washington Hospital Center nurses launch 24-hour strike

Fri, 04 Mar 2011 23:43:09 EST

Almost a year of rancorous contract talks came to a head Friday when several hundred nurses at Washington Hospital Center, the region's largest hospital, walked off the job for a 24-hour strike.
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Media Files:
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Lovettsville woman guilty of bank fraud, bilking small-business owners at Wachovia Bank

Fri, 04 Mar 2011 22:06:03 EST

A former Loudoun County manager at a bank pleaded guilty Friday to stealing $14.1 million from her customers and using the money to buy houses, vehicles, a luxury motor home and a helicopter.