The Washington Post

CEB sticking around, but with a better view

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

New view: Courted by economic development officials in North Carolina, corporate advisory giant CEB on Monday announced plans to remain in Arlington. The company will move its headquarters and 1,400 local employees only a few blocks away to what will be one of the tallest office buildings in the region. (CAPBIZ)

New life: When the Senate passed legislation last year allowing states broader latitude to collect sales on online purchases, the proposal was immediately cast aside in the House. Suddenly, the proposal appears back in business. (OSB)

New rules: It just got a little more difficult for Arlington bar owners who want to stage pub crawls like those that have attracted thousands to the commercial and residential neighborhood in the past year. (WP)

Fine print: Verizon will be the first wireless carrier to launch a nationwide loyalty program for its more than 100 million subscribers. However, there’s quite a caveat attached to the offer. (WP)

Dealing in: The Prince George’s County Council on Monday approved MGM Resorts International’s plans for a $925-million casino complex at National Harbor. Groundbreaking could happen as early as next month. (WP)

Slimming down: Botox-maker Allergan, which is attempting to fend off a takeover, plans to cut 1,500 jobs and may use some of the savings to make an acquisition of its own, the company’s top executive says. (BLOOM)

Streaming upward: Netflix’s subscriber numbers are growing more quickly than expected, helping the company’s earnings more than double in the second quarter of the year. (WSJ)

On Wall Street

Stocks slipped to start the week due largely to so-so earnings reports and mounting concerns over tensions with Russia. (Get the latest updates here)

What’s on tap today

ISC-Goldman store sales report (7:45 a.m.)

Consumer price index (8:30 a.m.)

Existing home sales (10:00 a.m.)

BNI Herndon Business Exchange networking meetup (7:00 a.m.)

Arlington Chamber of Commerce presentation on the Future of Ballston Common (7:30 a.m.)

Femworking’s Small Business Boot Camp event (6:00 p.m.)

Help: How to stand out when selling on an online marketplace (ENT)

Follow: CEB News & Insights

Extra: Can introverts succeed in leadership roles? (CAPBIZ)

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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