Now you can have a beer with your haircut

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

Signed and delivered: Maryland Gov. Martin O’Malley signed legislation Monday that will increase the state’s minimum hourly wage for most workers from $7.25 to $10.10 by 2018, delivering on the last major legislative priority of his tenure. It was part of a series of bills the governor signed off on Monday, including one that allows hair salons to serve alcohol to their customers. (WP)

New tech team: Arlington-based technology trade group TechAmerica has agreed to be acquired by CompTIA, a Chicago-based information technology organization that represents mostly small and mid-sized technology firms and is looking to bolster its public policy clout. (WP)

Knock down request: Chevy Chase-based JBG Cos. has filed applications to demolish about half of the 1300 block of U Street to make way for the company’s planned eight-story mixed-use development. The deal comes with an extensive community improvement package for the neighborhood. (WBJ)

Orders up: U.S. service businesses grew last month at the fastest pace in nine months, with new orders and actual sales on the rise, according to data released Monday. It’s the latest in a string of evidence that the economy is picking up after a slow start to the year. (AP)

Entrepreneurship down: The American economy is less less entrepreneurial now than at any point in the last three decades, according to a new study. In fact, for the first time ever, businesses are now being shuttered at a faster clip than new ones are being created. (WP)

Off target: Target President and CEO Gregg Steinhafel resigned Monday, the latest fallout from a massive data breach that hit the company last year. Despite numerous apologies and attempts to shore up its data security, the company has struggled to win back customer trust. (WP)

Please hold, Mr. President: Department of Homeland Security officials warn that AT&T’s plans to test new technology would undermine a special telephone service reserved for national emergencies and presidential communication, stripping Mr. Obama of his VIP access to the nation’s phone lines. (WP)

On Wall Street

Stocks moved slightly higher to start the week, fueled by that strong report from the services sector (Get the latest updates here).

What’s on tap today

Gallup’s economic confidence index (8:30 a.m.)

Commerce Department’s trade gap report (10:00 a.m.)

U.S. Chamber of Commerce sustainability in business forum (8 a.m.)

Maryland Chamber of Commerce annual membership meeting and networking event (5:30 p.m.)

Consuella McCain, Director of the DC Women’s Business Center, speaking to the American Association of University Women on Capitol Hill (5:30 p.m.)

Help: How to win over customers with word-of-mouth marketing (INC)

Follow: The DC Women’s Business Center

Extra: Meet some of the federal government’s best and brightest workers. (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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