Business & Finance
JPMorgan Chase set to open its first DC-area branches
The bank will open up to 70 branches and hire 700 employees in Virginia, Maryland and the District. A fifth of those new branches, it said, will be in low-to-moderate-income communities.
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Target launches in-store purchase delivery service in DC area
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Appian moves HQ to Tysons, adds hundreds of jobs
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Nestle is moving Gerber headquarters to Rosslyn high-rise
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Michael Phelps says stop wasting water: Brush your teeth like him
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Men arrested at Starbucks say they feared for their lives
PHILADELPHIA (AP) — Two black men arrested at a Philadelphia Starbucks said they were just waiting for a business meeting — and a week later still wonder how that could escalate into a police encounter…
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Russia joins bid to win compensation over US metals tariffs
GENEVA (AP) — Russia has joined the European Union, India and China in demanding compensation from the United States for its tariffs on foreign steel and aluminum. The World Trade Organization’s web site posted Thursday…
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Mobile Posse plans Arlington office expansion, hires new CTO
Since 2005, Mobile Posse has been quietly, but quickly, growing its footprint in the D.C. tech scene. Now, CEO Jon Jackson is looking to keep the company’s momentum going with both a new C-suite hire and a headquarters…
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Climate change could alter ocean food chains, leading to far fewer fish in the sea
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Jefferson Keith Moore, University of California, Irvine (THE CONVERSATION) Climate change is rapidly warming the Earth and altering ecosystems…
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D.C.-area residents will be able to buy bitcoin from these new ATMs soon
Coinsource will build and deploy 20 new Bitcoin ATMs across the Washington-Baltimore corridor. While the timeline and exact locations for these new ATMs is unclear, Coinsource says it will place 12 in the District, five in…
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‘Pharma Bro’ arrives at low-security federal prison
FORT DIX, N.J. (AP) — The pharmaceutical-industry entrepreneur vilified for jacking up the price of a life-saving drug has been placed in a low-security federal prison in New Jersey. Martin Shkreli was moved Tuesday from…
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Boston or D.C. ‘most likely to win’ Amazon’s HQ2, report finds
The Boston and Washington, D.C., metro areas are the “most likely candidates” to win Amazon.com Inc.’s second headquarters, a study from New York-based The Conference Board concludes, based on real-time labor demand and advertised online…
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Chinese e-commerce giant Alibaba sets plans for Thailand
BANGKOK (AP) — The Chinese e-commerce giant Alibaba has agreed to step up investments in Thailand as competition between online retailers heats up in fast-growing Southeast Asia. The founder of the online shopping giant, Jack…
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Trade issues expose the limits of Trump-Abe ‘bromance’
PALM BEACH, Fla. (AP) — Japanese Prime Minister Shinzo Abe courted the new American president with a golden driver not long after Donald Trump won the White House. He’s met with the billionaire businessman more…
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FAA orders fan blade inspections after jet engine explosion
U.S. airline regulators have ordered inspections on engine fan blades like the one that snapped off a Southwest Airlines plane, leading to the death of a woman who was partially blown out a window.
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China: Qualcomm plan ‘has difficulty’ resolving concerns
BEIJING (AP) — Qualcomm Inc.’s latest proposal for its $44 billion acquisition of NXP Semiconductors “has difficulty” resolving concerns of Chinese anti-monopoly regulators, a government spokesman Thursday. The Commerce Ministry spokesman’s comment was the first…
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Asian shares, oil prices rise on upbeat global outlook
HONG KONG (AP) — Most Asian and European shares rose and oil prices touched fresh multi-year highs on Thursday as improving optimism about the global economy helped investors shake off worries about geopolitical risks for…
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Electric lawn mowers can help owners go green and save green
Some people choose electric mowers because they want to reduce their carbon footprint. But one Consumer Reports editor said benefits extend beyond the obvious.
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Unilever announces share buyback, dividend boost
THE HAGUE, Netherlands (AP) — Unilever, the consumer goods multinational whose brands include Dove, Knorr and Ben & Jerry’s, says it is planning a share buyback worth up to 6 billion euros ($7.4 billion) later…
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Novartis 1Q profit jumps 12 percent as heart drug sales soar
GENEVA (AP) — Swiss pharmaceuticals company Novartis says net income jumped 12 percent in the first quarter, pointing to explosive growth in its heart-failure drug Entresto as its rollout continues, and powerful double-digit percentage growth…
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