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Craft cider maker opening in Alexandria
A craft cidery called Lost Boy Cider is coming to Alexandria. The company, Virginia Ciderworks Co., filed plans with the city to open a 5,247-square-foot cider production facility at 317 Hooffs Run Drive, part of…
2 days ago -
K2M closes $1.4B sale to Stryker
It’s official: K2M Group Holdings Inc.’s $1.4 billion sale to Kalamazoo, Michigan-based Stryker Corp. has closed. Under the deal, Leesburg-based K2M, a 300-person spinal surgery device maker, becomes a wholly owned subsidiary of Stryker (NYSE:…
2 days ago -
D.C. museum is rekindling the memory of one of the city’s most famous breweries
A taste of turn-of-the-century D.C. is returning to Dupont Circle. Heurich House Museum — the organization responsible for preserving the memory of Christian Heurich, the District’s most prominent brewer in his day — is unveiling…
2 days ago -
Is Amazon’s Nashville announcement a threat to Memphis-based FedEx?
With every Amazon innovation, one question quickly follows: Is it a threat to FedEx Corp.? Amazon.com Inc. made the headlines of the year on Tuesday by finally announcing the long-speculated and anticipated locations for its…
2 days ago -
The rebranded Ballston mall now has a renovated gym. Take a peek inside.
The former Sport & Health gym in Ballston has been rebranded Onelife Fitness after the completion of a top-to-bottom $2 million renovation by parent company US Fitness Holdings LLC. Onelife is the fitness anchor of…
2 days ago -
Incoming Pr. George’s exec wants NFL to stay, create new economic development fund
Prince George’s County Executive-elect Angela Alsobrooks thinks the county has an image issue. Eight years after its reputation hit rock bottom — its former executive, Jack Johnson, sentenced to 87 months in prison for corruption…
2 days ago -
Amazon is huge. But can it be the region’s next AOL?
Greater Washington’s tech community has long looked for a large, local company to serve as a draw for entrepreneurs, a hub for startups and a magnet for venture capital. Internet provider AOL Inc. probably best…
2 days ago -
Exclusive: Here’s what Virginia spent to woo HQ2
Virginia officials spent about $2 million to woo Amazon.com Inc. to the commonwealth, more than half of which was spent on a single consultant. The corporate recruitment expenditures, from $515 for embroidery with Rich’s Stitches…
2 days ago -
Lidl to acquire Long Island-based grocer
Arlington-based Lidl US is acquiring Best Market, a chain of 27 grocery stores in New York and New Jersey. Terms were not disclosed. Lidl said it expects the deal to close in the coming months.…
2 days ago -
Viewpoint: Living and dreaming in Bezos’ backyard
For me, the story of Amazon HQ2 is both a professional and personal one. As many readers know, I own a house in Crystal City. My little 1907 bungalow is about a five-minute walk from…
2 days ago -
Here’s how much rates will increase on the Dulles Toll Road next year
It’s going to cost more to drive the Dulles Toll Road starting next year. The Metropolitan Washington Airports Authority’s board voted this week to raise the rates from $2.50 to $3.25 at the main toll…
3 days ago -
The Motley Fool blew past its goal for its first venture fund
The Motley Fool Inc. has raised nearly $146 million for its first outside venture fund, according to the Alexandria financial advice firm. The raise, also detailed in a Thursday Securities and Exchange Commission filing, is…
3 days ago -
Northern California investor buys first D.C. office building, and plans for more
A Northern California commercial real estate investor with an eye for tech-centric communities has made its first buy in D.C. — a building that is fully leased, largely to a traditional law firm. An affiliate…
3 days ago -
Glenstone Foundation buys more land in Potomac near museum
Glenstone Foundation Inc. in August quietly spent $2.5 million on a single-family home that sits on 10.6 acres just south of the Glenstone Museum in Potomac. The foundation selectively acquires adjoining properties to the museum…
3 days ago -
Startup of the week: Meet Sou Sou
For people who can’t get a bank loan, there’s a global tradition that provides an alternative for financing: a lending circle. People regularly contribute to a fund and intermittently withdraw amounts when it’s their turn.…
3 days ago
