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

CityCenter taking shape: The District’s Douglas Development has signed leases for two large new stores in the CityCenter complex in downtown D.C. One of them, a new Walgreens location, won’t be the run-of-the-mill pharmacy you’re used to, either. (CAP)

Where to, Mr. President? The Navy plans to select a contractor next month to build its next-generation presidential helicopter. Despite some initial interest from the likes of Boeing and Northrop Grumman, it appears the incumbent contractor is poised to keep a lock on the award. (DOD)

National stock trend hammers local firms: Maryland’s MacroGenics, Intrexon, and GlycoMimetics each went public in the last few months, each riding a wave of interest in biotech and life sciences. Now, their stocks are stumbling in the wake of national investor pullback in those same sectors. (TBJ)

Not what banks were hoping to hear: During a speech in Atlanta on Tuesday, Federal Reserve Chair Janet Yellen hinted that her team may start requiring banks to keep more capital on hand to withstand periods of financial stress. Banks say that would mean fewer loans to businesses. (AP)

Consumer prices edge lower: Gas prices dropped last month, offsetting a bump in food and clothing costs and pushing the consumer price index rose 0.2 percent in March, according to the Labor Department. Will that be enough to convince the Fed to keep interest rates low? (REU)

Some encouraging signs in manufacturing – unless you’re a worker: U.S. manufacturers have actually rebounded quite nicely following the recession, at least in terms of output, efficiency and profits. However, the outlook isn’t nearly so rosy for their employees. (WP)

Sean Parker wants you to vote: The Napster co-founder and former Facebook president has unveiled a new start-up meant to get more Americans interested and involved in Politics. Called Brigade Media, the company has raised funding from some tech industry veterans. (POL)

You pay what for a studio!? D.C. rental prices have shot up 33 percent since 2007, representing the third-fastest spike in the country during that period, according to new analysis of census data. Heck, compared to today, the median rental expense of $871 back in 2007 sounds like a bargain. (TBJ)

On Wall Street

After a mid-day dip, stocks bounced back on Tuesday, with the Nasdaq posting its largest single-day recovery since 2008. (Get the latest updates here)

What’s on tap today

Housing starts (8:30 a.m.)

Industrial production (9:45 a.m.)

Federal Reserve’s Beige Book (2:00 p.m.)

Help: How to protect yourself from the Heartbleed Internet virus (AP)

Follow: Chris Etesse, founder of Flat World Education, the second company to graduate from start-up incubator 1776.

Extra: Why your Beltway commute may get a bit more expensive (WP)