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Capital Business Blog: October, 2012

Posted at 09:30 PM ET, 10/31/2012

Former Justice Dept. official to lead new D.C. practice group at Jenner & Block

Thomas Perelli will launch the firm’s new government controversies and public policy litigation practice in D.C.

By Catherine Ho  |  09:30 PM ET, 10/31/2012 |  Permalink  |  Comments ( 0)

Posted at 11:44 AM ET, 10/31/2012

Barnes & Noble closing in Union Station at end of year

It joins the list of D.C.-area book stores that have closed amid a rocky economy, sliding book sales.

By Jonathan O'Connell  |  11:44 AM ET, 10/31/2012 |  Permalink  |  Comments ( 0)
Tags:  Barnes & Noble, Union Station, shopping, retail

Posted at 11:44 AM ET, 10/29/2012

Opnet Technologies to be bought for $1B

The buyer is Riverbed Technology, a San Francisco-based company that sells IT software and services.

By Steven Overly  |  11:44 AM ET, 10/29/2012 |  Permalink  |  Comments ( 0)

Posted at 12:51 PM ET, 10/26/2012

Without adding windows, what is the West Heating Plant worth?

The issue is paramount to the value of the Georgetown building because without them, re-using the building as a hotel, condo or apartment building becomes impossible.

By Jonathan O'Connell  |  12:51 PM ET, 10/26/2012 |  Permalink  |  Comments ( 0)
Tags:  West Heating Plant, GSA, commercial real estate

Posted at 09:53 AM ET, 10/26/2012

O’Malley tries again to relocate housing agency to Prince George’s County

Less than a week after scrapping a similar plan, the state is giving it another try.

By Jonathan O'Connell  |  09:53 AM ET, 10/26/2012 |  Permalink  |  Comments ( 0)

Posted at 06:02 PM ET, 10/24/2012

CNN’s D.C. headquarters sells for $106 million

Harbor Group International is the new owner of the 11-story building at 820 First St. NE.

By Jonathan O'Connell  |  06:02 PM ET, 10/24/2012 |  Permalink  |  Comments ( 0)
Tags:  CNN, Harbor Group International, NoMA, commercial real estate

Posted at 03:43 PM ET, 10/23/2012

Lobbying revenue down 8 percent at biggest firms in third quarter as K St. waits for post-election surge

For the third consecutive quarter, lobbying revenue fell at the region’s 10 largest firms.

By Catherine Ho  |  03:43 PM ET, 10/23/2012 |  Permalink  |  Comments ( 0)

Posted at 03:10 PM ET, 10/17/2012

Covington & Burling embroiled in conflict of interest dispute involving former client

The District’s largest law firm is fighting to get reinstated in a case from which it was disqualified.

By Catherine Ho  |  03:10 PM ET, 10/17/2012 |  Permalink  |  Comments ( 0)

Posted at 06:04 PM ET, 10/15/2012

Meet the winners of the seed-stage contest at Distilled Intelligence

The money comes from event organizer Fortify.vc and includes an equity stake in the winning ventures.

By Steven Overly  |  06:04 PM ET, 10/15/2012 |  Permalink  |  Comments ( 0)

Posted at 12:23 PM ET, 10/15/2012

Michael Chasen, founder and CEO of Blackboard, will depart company

Jay Bhatt, president of Progress Software, will take his place at the District-based company.

By Steven Overly  |  12:23 PM ET, 10/15/2012 |  Permalink  |  Comments ( 0)

Posted at 05:49 PM ET, 10/10/2012

NBC4 opening bureaus in Reston, Landover

The bureaus are part of an effort to expand coverage and should be open by January.

By Jonathan O'Connell  |  05:49 PM ET, 10/10/2012 |  Permalink  |  Comments ( 0)
Tags:  NBC4 Washington, media, Prince George's County, Fairfax County, Reston, Landover, commercial real estate

Posted at 10:21 AM ET, 10/08/2012

Lockheed splits electronic systems business in two

New units will be Missiles and Fire Control and Mission Systems and Training. About 200 jobs will be cut.

By Marjorie Censer  |  10:21 AM ET, 10/08/2012 |  Permalink  |  Comments ( 0)
Categories:  Movies | Tags:  Lockheed Martin, defense contractor, government contracting, SAIC, divest, split, Marillyn Hewson

Posted at 06:11 PM ET, 10/03/2012

Marriott posts third-quarter profit

Bethesda-based hospitality giant credits strong occupancy rates, more group travel and rising prices

By Abha Bhattarai  |  06:11 PM ET, 10/03/2012 |  Permalink  |  Comments ( 0)

Posted at 05:27 PM ET, 10/02/2012

Capital One tops list of Washington banks

Deposits at D.C. area banks were up 10.5 percent from last year as consumers pumped more money into their bank accounts.

By Abha Bhattarai  |  05:27 PM ET, 10/02/2012 |  Permalink  |  Comments ( 0)

Posted at 12:15 PM ET, 10/01/2012

Minor league baseball stadium headed to One Loudoun development in Ashburn

Owners of the Loudoun Hounds seal a deal to build a new stadium at a 358-acre planned community.

By Jonathan O'Connell  |  12:15 PM ET, 10/01/2012 |  Permalink  |  Comments ( 0)
Tags:  Loudoun Hounds, minor league baseball, Ashburn, Loudoun County, VIP Sports & Entertainment, Major League Soccer, commercial real estate, Kincora Village Center, Bob Farren, Miller & Smith, Sekisui House, commercial real estate

Posted at 11:52 AM ET, 10/01/2012

Lockheed will not issue layoff notices to employees

Firm will skip a move it had said it could be required to make given the threat of sequestration.

By Marjorie Censer  |  11:52 AM ET, 10/01/2012 |  Permalink  |  Comments ( 0)
Tags:  Lockheed Martin, WARN Act, layoff notices, defense contractors, government contracting, sequestration

 

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