Washington Business Journal
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Viewpoint: We’ve come a long way, but D.C. schools still need biz support
Washington, D.C., is truly a city on the move. Our per-capita income is one of the highest in the nation. Every month, more than 1,000 new residents move here to share in the prosperity and…
6 hours ago -
The Rock is the ‘ultimate motivator’ in Under Armour’s new marketing blitz
Under Armour Inc. unveiled a new marketing campaign featuring Dwayne “The Rock” Johnson and a host of other athletes Thursday as the sportswear maker launched its spring and summer collection of training gear. The “Will…
8 hours ago -
Maryland to receive another $10 million in federal funding for opioid crisis
Maryland will receive another $10 million in federal funding to help combat the ongoing opioid crisis. The grant is part of $485 million in funding being awarded by the Department of Health and Human Services…
8 hours ago -
José Andrés earns place on Time 100 list
José Andrés has helped feed thousands following natural disasters in Puerto Rico, Houston and Los Angeles. He’s stood up for immigrants around the country. He’s also taken the stage at the Academy Awards and feuded…
8 hours ago -
Valiant picks up another government business in $135M cash deal
McLean-based global logistics contractor Valiant Integrated Services said Thursday it has reached an agreement to acquire Cubic Corp.’s defense services business for $135 million in cash. The purchase accelerates Valiant’s push to broaden its customer…
9 hours ago -
Booz Allen launches foundation with $5M initial investment
McLean-based Booz Allen Hamilton is investing an initial $5 million to launch a foundation with the stated goal to “empower people to change the world.” The Booz Allen (NYSE: BAH) Foundation will focus on global…
9 hours ago -
A new beat, and the inspiration behind it
I first learned about innovation from my grandfather. Dr. Sheldon Gilgore was a trained endocrinologist who moved into the pharmaceutical business in the 1960s. He led Pfizer’s Pharmaceuticals Division as president and G.D. Searle as…
9 hours ago -
Working the Room: Lessons from the businesses next door
The Washington Business Journal is known (we hope) for its focus on local business. But sometimes, you need a reminder of just how local business really is. If we’ve crossed paths lately, chances are you’ve…
9 hours ago -
Enlightenment Capital targets $200 million for third fund
Enlightenment Capital hopes to raise $200 million for its third fund, according to a Securities and Exchange Commission filing. The Chevy Chase-based aerospace and defense investment firm filed a Form D with the SEC on…
9 hours ago -
Stop-work order under review for Dupont Circle project in the wake of court ruling
A District agency is reviewing a stop-work order that would halt construction of a Dupont Circle project consisting of a seven-story, 56-unit multifamily building and a new church. The order review follows a D.C. Court…
11 hours ago -
Tenleytown office building, a potential redevelopment play, offered for sale
D.C.-based Urban Investment Partners has retained Greysteel to market for sale a nearly 40,000-square-foot office property spread out across more than three quarters of an acre in Tenleytown. The emailed advertisement requesting offers for 4545…
12 hours ago -
Virginia House Republicans block tax increases for new Metro funding
Republicans in the Virginia House of Delegates on Wednesday halted a pair of tax increases to provide new funding for Metro. The state’s $154 million annual funding plan for Metro was not dissolved with the…
15 hours ago -
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…
16 hours ago -
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…
16 hours ago -
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…
16 hours ago
