Washington Business Journal

Pay cuts, possible sale at Washington City Paper

Employees at Washington City Paper are taking pay cuts as its hedge fund owner tries to sell a sister publication in Chicago, and now its D.C. publication and another in Atlanta as well.

Wednesday - 03/14/2012, 04:03pm EDT

SAIC will pay $500M in New York City fraud case

The alleged kickbacks were part of SAIC's CityTime contract with New York City, an automated workforce management system that covers city employees in 65 different agencies.

Wednesday - 03/14/2012, 01:46pm EDT

Discovery Communications licenses shows to Amazon.com

Viewers will be able to stream some of Discovery Communications Inc.'s most popular programs through Amazon.com Inc.'s video streaming service, under a licensing agreement announced Wednesday.

Wednesday - 03/14/2012, 12:17pm EDT

Retirement savings declining

An American worker survey by Principal Financial Group Inc. shows only 14 percent of Americans are very confident they will have enough money to live comfortably in retirement, and the percentage of workers currently saving for retirement has declined.

Tuesday - 03/13/2012, 01:29pm EDT

Anthony Williams to lead D.C. tax review panel

Former D.C. Mayor Tony Williams, perhaps the most respected of the District’s chief executives, will lead a panel of experts in a nine-month review of the District’s tax code.

Tuesday - 03/13/2012, 11:20am EDT

Defense cuts could hit Va., Md. tax revenue hard

Virginia has aerospace and defense companies to thank for $78.71 million in 2010 taxes paid on state income and total gross revenue, and $75.6 million in individual employee income taxes, according to a study commissioned by the Aerospace Industries Association.

Wednesday - 03/07/2012, 09:30am EST

Safeway, Giant Food workers file grievance with labor board

With a month left on its four-year contract, the union representing about 17,000 grocery workers in the Washington region has filed a complaint with the National Labor Relations Board.

Wednesday - 03/07/2012, 06:59am EST

Kaiser Permanente expands services in Gaithersburg

Kaiser Permanente will open a new medical center in Gaithersburg this month, replacing services offered at its facilities in Germantown and Gaithersburg and extending available services at the combined site.

Wednesday - 03/07/2012, 06:57am EST

Frederick Co. hotels brace for G-8 summit

Tuesday - 03/06/2012, 05:54pm EST

Indoor skydiving outfit iFly expanding to Washington market

IFly, which could open its first location here as early as 2013, has 23 indoor skydiving facilities worldwide.

Monday - 03/05/2012, 10:45am EST

Megamart Supermarket to open 6th location

Monday - 03/05/2012, 02:40am EST

Fairfax County, Falls Church water systems may merge

Fairfax County's water wars could end with a merger between the two parties most embroiled in conflict, as Fairfax Water this week offered to work out a mutually agreeable merger with Falls Church's system.

Thursday - 03/01/2012, 06:37am EST

D.C. projects higher revenue, bets on fewer fed cuts

In his latest quarterly revenue estimate, CFO Natwar Gandhi added $35.7 million to the city's anticipated fiscal 2013 revenue.

Wednesday - 02/29/2012, 07:15pm EST

Washington Gas part of new $1B pipeline

Washington Gas parent WGL Holdings will be part owner in a new natural gas pipeline stretching from central Pennsylvania to the Washington area.

Wednesday - 02/29/2012, 06:13pm EST

Chef Ravi Narayanan heads to Acacia Bistro

Chef Ravi Narayanan is taking over the kitchen at the restaurant, located at 4340 Connecticut Ave., NW.

Wednesday - 02/29/2012, 02:46pm EST

New project planned for Reston Town Center

A 23-story mixed-use project could be coming to Reston Town Center.

Monday - 02/27/2012, 05:55am EST

Lakeforest Mall on the market

The owners of Lakeforest Mall in Gaithersburg have put the property up for sale after falling behind on loan payments.

Monday - 02/27/2012, 03:05am EST

Etihad Airways to fly from Dulles

Etihad Airways announced the launch of non-stop daily flights to Dulles International Airport, the airline's fourth destination in North America.

Monday - 02/27/2012, 01:05am EST

CSC lands $297 million Medicaid contract

Maryland's spending board approved Wednesday a $297 million contract with Falls Church-based IT company Computer Sciences Corp. that is expected to improve Maryland's process for paying tens of millions of dollars in Medicaid claims each month.

Thursday - 02/23/2012, 05:15am EST

Former Domaso Restaurant to become Amuse

As the Hotel Palomar in Rosslyn finishes its transition into Le Meridien Arlington this month, a few more details are emerging about what the rebranded hotel will look like.

Wednesday - 02/22/2012, 04:33pm EST

Howard Theatre to reopen with celebrity chef menu

Chef Marcus Samuelsson, known for such restaurants as Red Rooster Harlem and Restaurant Aquavit, was brought on to design the menu for the theater's supper club. He will design dinner and brunch menus and help appoint an executive chef to oversee the kitchen.

Wednesday - 02/22/2012, 04:23pm EST

Fannie Mae to pull out of Herndon's Monument IV

Fannie Mae is planning to pull out of the Monument IV building at 12900 Worldgate Drive in Herndon come June, casting another shadow over the building after its mortgage was transferred to a special servicer fearing just that possibility last spring.

Wednesday - 02/22/2012, 03:12pm EST

D.C. Mayor Vincent Gray gets earful on recruiting tech talent, taxes

D.C. Mayor Vincent Gray dropped in Friday to the Georgetown headquarters of Personal Inc. for a semi-formal bull session with tech CEOs and investors.

Friday - 02/17/2012, 03:30pm EST

CACI hires former Lockheed Martin exec

Arlington-based CACI International Inc. has named John Mengucci chief operating officer for U.S. operations.

Friday - 02/17/2012, 02:50pm EST

Spike TV to make over Piratz Tavern

The Silver Spring institution is being featured on the second season of "Bar Rescue."

Wednesday - 02/15/2012, 03:22pm EST

D.C. officials may be in Vegas same weekend as fight

D.C. may not get the boxing rematch between Lamont Peterson and Amir Khan, but city officials may be able to see the game. Some are expected to be in Las Vegas at the meeting of the International Council of Shopping Centers. It's the same weekend as the fight.

Tuesday - 02/14/2012, 04:56pm EST

New medical codes to be delayed

The medical and insurance worlds can relax. The complicated new system of alpha-numeric codes for illnesses, injuries, disease and treatments aren't coming as quickly as anticipated.

Tuesday - 02/14/2012, 04:48pm EST

Grand Hyatt forfeiture hurts results at Host Hotels & Resorts

Bethesda-based Host Hotels & Resorts, Inc. improved net income and funds from operations in its latest quarter, but admitted that the results would have been better had the company not backed out of a deal to acquire the Grand Hyatt Washington.

Tuesday - 02/14/2012, 09:38am EST
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