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Capital Business Blog: March, 2012

Posted at 03:30 PM ET, 03/29/2012

Gray to propose tax changes for tech firms, investors

D.C. mayor proposes two changes to the way the city taxes technology firms and their local investors.

By Steven Overly  |  03:30 PM ET, 03/29/2012 |  Permalink  |  Comments ( 0)

Posted at 06:35 PM ET, 03/28/2012

Patton Boggs’ head lobbyist leaving K Street

Nick Allard is to become dean of Brooklyn Law School starting July 1.

By Catherine Ho  |  06:35 PM ET, 03/28/2012 |  Permalink  |  Comments ( 0)

Posted at 05:06 PM ET, 03/26/2012

Blackboard makes pair of acquisitions

The move will allow the software maker to provide support to schools that use open-source software.

By Steven Overly  |  05:06 PM ET, 03/26/2012 |  Permalink  |  Comments ( 0)

Posted at 10:51 AM ET, 03/22/2012

A look at savings from shrinking federal offices

In this economy, GSA lease prospectuses aren’t assured speedy Congressional approvals anymore.

By Jonathan O’Connell  |  10:51 AM ET, 03/22/2012 |  Permalink  |  Comments ( 0)
Tags:  Commercial real estate, General Services Administration

Posted at 05:28 PM ET, 03/20/2012

SAIC records $308 million loss related to CityTime settlement

The McLean-based contractor said Tuesday that it recorded a loss of $161 million in the fourth quarter.

By Marjorie Censer  |  05:28 PM ET, 03/20/2012 |  Permalink  |  Comments ( 0)

Posted at 04:53 PM ET, 03/19/2012

Which lobbying firms are poised to have greatest access if Romney wins in November?

Some of K Street’s most profitable firms stand to gain the most if Romney wins the election.

By Catherine Ho  |  04:53 PM ET, 03/19/2012 |  Permalink  |  Comments ( 0)

Posted at 03:49 PM ET, 03/15/2012

InvestMaryland auction fetches $84M for young companies

A tax credit auction on Thursday raised more money than economic development officials anticipated.

By Steven Overly  |  03:49 PM ET, 03/15/2012 |  Permalink  |  Comments ( 0)

Posted at 11:31 AM ET, 03/14/2012

SAIC settles CityTime case for $500.4 million

The McLean firm said it will pay restitution and penalties for its program with New York City.

By Marjorie Censer  |  11:31 AM ET, 03/14/2012 |  Permalink  |  Comments ( 0)

Posted at 05:14 PM ET, 03/13/2012

Wisconsin Avenue Giant to close April 12

The closure will make way for construction of a $125 million housing-and-retail project.

By Jonathan O'Connell  |  05:14 PM ET, 03/13/2012 |  Permalink  |  Comments ( 0)
Tags:  Giant, Cleveland Park

Posted at 05:11 PM ET, 03/13/2012

Covington joins wave of law firms opening offices in Korea

The District’s largest law firm, Covington & Burling, plans to open an office in Seoul.

By Catherine Ho  |  05:11 PM ET, 03/13/2012 |  Permalink  |  Comments ( 0)

Posted at 01:30 PM ET, 03/13/2012

Crystal City post office could become 200 apartments

Kettler has proposed replacing the building with at least 200 new apartments, a $50 million project.

By Jonathan O'Connell  |  01:30 PM ET, 03/13/2012 |  Permalink  |  Comments ( 0)
Tags:  Crystal City, Kettler

Posted at 11:09 AM ET, 03/13/2012

D.C. StartupBus: The final results

Two upstarts from Washington made the list of 18 semi-finalists from around the country.

By Steven Overly  |  11:09 AM ET, 03/13/2012 |  Permalink  |  Comments ( 0)

Posted at 12:09 PM ET, 03/12/2012

Developers, schools line up for shot at Stevens Elementary

Six development teams and six educational organizations have submitted proposals to redevelop the West End school.

By Jonathan O'Connell  |  12:09 PM ET, 03/12/2012 |  Permalink  |  Comments ( 0)
Tags:  Stevens Elementary School, Victor Hoskins

Posted at 07:57 PM ET, 03/09/2012

LaSalle planning to spruce up Hotel Palomar

Rooms at the swanky hotel in Dupont Circle will be getting a facelift next year, as the new ownerputs its stamp on the 335-room property.

By Danielle Douglas  |  07:57 PM ET, 03/09/2012 |  Permalink  |  Comments ( 0)

Posted at 12:54 PM ET, 03/09/2012

D.C. StartupBus: A winding road to Austin

When organizers mapped the journey from D.C. to Austin, they intentionally chose an indirect route.

By Derina Man  |  12:54 PM ET, 03/09/2012 |  Permalink  |  Comments ( 0)

Posted at 10:49 AM ET, 03/09/2012

D.C. StartupBus: Less code, more pitch

On the StartupBus one quickly learns that this is more of a pitchathon than it is a hackathon.

By Ray Daly  |  10:49 AM ET, 03/09/2012 |  Permalink  |  Comments ( 0)

Posted at 05:32 PM ET, 03/08/2012

D.C. StartupBus: Meet the fledgling ventures

Eight teams have grown out of the D.C. crew, ranging from a single-person venture to a team of nine.

By Derina Man  |  05:32 PM ET, 03/08/2012 |  Permalink  |  Comments ( 0)

Posted at 12:50 PM ET, 03/08/2012

General Dynamics promotes Novakovic to president

The Falls Church contractor has promoted Phebe N. Novakovic to president and chief operating officer.

By Marjorie Censer  |  12:50 PM ET, 03/08/2012 |  Permalink  |  Comments ( 0)

Posted at 10:15 AM ET, 03/08/2012

D.C. StartupBus: The merits of co-working

With coders sitting shoulder to shoulder, the bus has become an incubator on wheels.

By Ray Daly  |  10:15 AM ET, 03/08/2012 |  Permalink  |  Comments ( 0)

Posted at 07:21 PM ET, 03/07/2012

What a redeveloped White Flint Mall would look like

The owners of the mall have submitted sketches which offer a glimpse at what they plan.

By Jonathan O'Connell  |  07:21 PM ET, 03/07/2012 |  Permalink  |  Comments ( 0)
Tags:  White Flint Mall, Bloomingdale's, Lerner Enterprises

Posted at 01:47 PM ET, 03/07/2012

StartupBus Day One Recap: A disruptive goal

Experiencing setbacks along this journey is nearly inevitable as we learn what we know and what we don’t. It’s true trial by fire. For me, there’s no better way to learn.

By Adam Kerpelman  |  01:47 PM ET, 03/07/2012 |  Permalink  |  Comments ( 0)

Posted at 01:41 PM ET, 03/07/2012

StartupBus Day One Recap: Getting organized

Before the first day drew to a close, projects had names and tag lines. Everyone was thinking wireframes. The time to work had officially begun.

By Ray Daly  |  01:41 PM ET, 03/07/2012 |  Permalink  |  Comments ( 0)

Posted at 07:00 AM ET, 03/07/2012

Gaithersburg-based OpGen secures up to $17M from investors

The Gaithersburg genome-mapping company has closed on a third round of venture capital.

By Steven Overly  |  07:00 AM ET, 03/07/2012 |  Permalink  |  Comments ( 0)

Posted at 05:27 PM ET, 03/06/2012

McKenna Long completes merger with California firm Luce Forward

The Atlanta-based law firm with the oldest and largest government contracts practice in the District, finalized its combination Tuesday with San Diego-based Luce, Forward, Hamilton & Scripps.

By Catherine Ho  |  05:27 PM ET, 03/06/2012 |  Permalink  |  Comments ( 0)

Posted at 05:17 PM ET, 03/06/2012

At the Startup Career Expo, young workers for young companies

More than 500 students from universities around Washington registered to attend a job fair organized specifically for start-ups looking to hire interns and employees.

By Steven Overly  |  05:17 PM ET, 03/06/2012 |  Permalink  |  Comments ( 0)

Posted at 12:19 PM ET, 03/06/2012

D.C. StartupBus: Let the journey begin

A busload of entrepreneurs left Washington this morning for the 1,500-mile trek to Austin. Along the way, they’ll be creating companies.

By Steven Overly  |  12:19 PM ET, 03/06/2012 |  Permalink  |  Comments ( 0)

Posted at 12:14 PM ET, 03/05/2012

SAIC CEO Jumper to receive $1.2 million base salary

The McLean-based contracting giant said last week that John P. Jumper will earn a base salary of $1.2 million and receive a $150,000 signing bonus.

By Marjorie Censer  |  12:14 PM ET, 03/05/2012 |  Permalink  |  Comments ( 0)
Tags:  SAIC, government contracting, John Jumper, Walt Havenstein

Posted at 12:10 PM ET, 03/05/2012

At new daily deal purveyor, you find the deals and share in the profit

AllStar Deals finds potential bars, restaurants and other merchants by arming their customers with information about the site and asking them to recruit their favorite establishments.

By Steven Overly  |  12:10 PM ET, 03/05/2012 |  Permalink  |  Comments ( 0)

Posted at 11:53 AM ET, 03/02/2012

Financing deal means 25-story Tysons apartment tower is on the way

JP Morgan Chase and RBS Citizens say they will finance construction of the 25-story, 400-unit apartment tower that Greystar plans to build at the corner of Leesburg Pike and Spring Hill Road.

By Jonathan O’Connell  |  11:53 AM ET, 03/02/2012 |  Permalink  |  Comments ( 0)

 

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