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LaSalle sets shareholder vote on Blackstone deal, snubbing Pebblebrook
Key story highlights: LaSalle Hotel Properties once again rejects a bid by Pebblebrook Hotel Trust, a fellow Bethesda hotel company, to buy it. It has set a date to vote on a roughly $4.8 billion…
2 weeks ago -
D.C. Council schedules public hearing on Initiative 77 repeal
The D.C. Council will hear from both sides of the contentious tipped wage debate before deciding whether to repeal the ballot initiative that voters have already adopted. The council’s Committee of the Whole has scheduled…
2 weeks ago -
What do colleges want? It’s hiding in plain sight
The college application process can seem pretty mysterious to the uninitiated. But what colleges want from their applicants isn’t a secret. Schools telegraph what they’re after in the form of big data that’s available online…
2 weeks ago -
Why buy popsicles when you can make healthier ones at home?
Multicolored popsicles are fun and festive, but store-bought versions are loaded with sugar, corn syrup, and artificial colorings — and their lackluster flavor leaves something to be desired.
2 weeks ago -
Flip side of home sales drop: It helps remodeling businesses
NEW YORK (AP) — Small companies whose success is tied to the remodeling business are looking healthy even as home sales drop. Two reports last week showed that the housing market is weakening. The National…
2 weeks ago -
US pending home sales rose 0.9 percent in June
WASHINGTON (AP) — More Americans signed contracts to purchase homes in June compared to May, but the volume of pending sales has slipped over the past year. The National Association of Realtors said Monday that…
2 weeks ago -
State Dept. announces $113 million in initiatives in Asia
WASHINGTON (AP) — The State Department is announcing $113 million in investment initiatives in Asia focusing on digital economy, energy and infrastructure. In remarks to the U.S. Chamber of Commerce Forum in Washington Monday, Secretary…
2 weeks ago -
Sodexo has 20,000 jobs to fill as the school year approaches
The company is currently hosting job fairs on university campuses across the country, including at George Mason University in Fairfax, Virginia.
2 weeks ago -
Credit Cards: Don’t mix business with pleasure
Mixing business and personal charges is a mess when it comes to accounting and tax deductions. More importantly, it gives you no clear picture of your business’s all-important cash flow, which shows you how well your business is doing.
2 weeks ago -
Why you shouldn’t take that counteroffer from your boss
Employees who have a job offer but accept a counteroffer from their current employer often end up leaving anyways, according to one placement firm.
2 weeks ago -
Caterpillar has a big second quarter, raises outlook again
Caterpillar’s second-quarter easily beat Wall Street expectations thanks in part to the blistering pace of construction and demand for big machines, a the company boosted its full-year earnings forecast again. Shares rose more than 3…
2 weeks ago -
Major Braddock Road Metro-area project scrapped
Andrew Adkins is going nowhere. The Alexandria Redevelopment and Housing Authority announced late Friday that its plan to redevelop the 90-unit Andrew Adkins housing project near the Braddock Road Metro station into a 600-plus unit…
2 weeks ago -
Stocks mostly dip amid tech wobbles, ahead of central banks
SINGAPORE (AP) — World stock markets mostly fell Monday after technology stocks took a hit last week and as investors monitor policy announcements of major central banks this week. KEEPING SCORE: Britain’s FTSE 100 was…
2 weeks ago -
Lockheed Martin says its missile interceptor just set a record
A key product for Lockheed Martin’s missiles and fire control business unit, headquartered in Grand Prairie, Texas, just set a record in a test. The PAC-3 Missile Segment Enhancement (MSE) interceptor successfully intercepted what’s called…
2 weeks ago -
At $18.5B, Carlyle Group raises more than it ever has before
The Carlyle Group (NASDAQ: CG) has just completed its biggest raise ever. So big, in fact, it had to stop. The D.C.-based global asset manager raised $18.5 billion for Carlyle Partners VII U.S. buyout fund,…
2 weeks ago
