The Washington Post

Your chance for a flexible work schedule may be slipping away.

Welcome to CapBiz A.M., your morning primer on business news with a focus on Washington.

Feeling less flexible: A new study found that employers’ idea of flexible work appears to be getting, well, less flexible, with more business owners shying away from job-sharing programs and temporary career breaks for their workers. (CAPBIZ)

A peek inside: More than two decades in the making, the Washington D.C Marriott Marquis has finally opened for business. We took a look inside the city’s largest hotel, as well as a look back at how we got here. (CAPBIZ)

Silver infusion: The Silver Line project has secured a nearly $2 billion federal loan to help pay for the second phase of the project, which will extend access to Dulles International Airport and into Loudoun County (someday). And there’s really good news in the deal for some area commuters. (WP)

Inn trouble: Several bed-and-breakfasts in the D.C. region have closed in recent years, a problem that innkeepers blame on pricey real estate, high business expenses and new competition in the lodging business from companies like airbnb. (WP)

SBA slammed: Democrats and Republicans on the House Small Business Committee ripped into the Small Business Administration this week, with one lawmaker stating: “No one is supporting any of the programs you’ve come up with.” (OSB)

Cranking up the pace: U.S. manufacturing grew faster in April than in March as exports picked up and factories accelerated hiring. That’s a good sign after what was a dismal start to the year for manufacturers. (AP)

Spending spree: American consumers ramped up spending in March at the fastest pace in more than four years, yet another sign that the economy is picking back up after a slow winter. (AP)

Can I switch banks? EverBank Financial in Jacksonville, Fla. will this summer send $1,050 checks to more than 25,000 customers to compensate them for foreclosure problems they never suffered. Yep, you read that correctly. (WP)

A big promise to small firms: Wells Fargo has set a goal of lending at least $100 billion to small businesses over the next five years, hoping to capitalize on an uptick in confidence and expansion plans on Main Street. (AP)

New chiefs: Confirming reports last week, Ford Motor Co. on Thursday announced Mark Fields will take over as the company’s new chief executive in July. Yum Brands named a new CEO, too, elevating the current Taco Bell chief. (WP/WP)

On Wall Street

Stocks fluctuated but ended right back where they started on Thursday, as investors took caution ahead of the April jobs report coming out this morning. (Get the latest updates here)

What’s on tap today

Labor Department’s employment report (8:30 a.m.)

Factory orders report (10 a.m.)

Northern Virginia Technology Council panel on mobile security technology (7:30 a.m.)

Mobile app hackathon held by 1776 and AT&T (6:30 p.m.)

Help: How to host your first big industry event (W2.0)

Follow: SHRM, the Society for Human Resource Management (Twitter)

Extra: No plans yet this weekend? Here are some ideas, including Lucha Libre. (WP)

J.D. Harrison covers startups, small business and entrepreneurship, with a focus on public policy, and he runs the On Small Business blog.



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