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Metro pays $173 million in legal claims over 5 years

Records show that Metro has paid out $173 million for legal claims in the past five years, the Washington Examiner reported. Last year alone, the payments jumped 54 percent as the agency began...

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More than 40% of Washington-area residents plan holiday travel

An annual AAA travel survey released Tuesday found that more than 40 percent of the residents in the Washington region plan to travel over the holidays, The Washington Post reported. The one thing...

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D.C. Council rejects Vincent Gray request to hire 48 police officers

The D.C. Council on Tuesday rejected Mayor Vincent Gray's request to spend $1.7 million to hire 48 police officers, an idea he put forward as part of a broader plan to adjust traffic fines and address...

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Bank of America CEO: Fed wants bank to show consistent earnings

Bank of America Corp. CEO Brian Moynihan said in an interview Tuesday that the bank needs to show the Federal Reserve it can produce consistent earnings as part of the annual process to gain...

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Maryland Racing Commission approves 2013 schedule

The Maryland Racing Commission approved a plan Tuesday to host 146 days of racing in 2013 at Laurel Park and Pimlico Race Course, the Baltimore Business Journal reported. The 146 days is equal to the...

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Some Metropolitan Washington Airports Authority officials got big raises in...

The Metropolitan Washington Airports Authority awarded tens of thousands of dollars in pay adjustments to several top officials this year, The Washington Post reported. Christopher Browne, a vice...

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Washington Redskins give more than 1,000 toys during annual gift drive

The Washington Redskins Charitable Foundation on Tuesday hosted its annual toy give-away, in partnership with the Marine Toys for Tots program, WJLA reported. More than 1,000 toys will be distributed...

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Panetta warns Congress: Think about our troops before you go over fiscal cliff

Defense Secretary Leon Panetta has a message for Congress when it comes to sequestration: You're letting down our troops if you let these across-the-board spending cuts occur in two weeks, The...

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Boehner's Plan B shakes up fiscal cliff talks

House Speaker John Boehner on Tuesday pushed a GOP package to extend tax cuts for income up to $1 million, a move that shook the Capitol after several days of significant progress between President...

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Conference version of defense bill eases blow to contractors

Jill R. Aitoro Senior Staff Reporter- Washington Business Journal Email | Twitter | LinkedIn A leading industry organization cheered changes made to the conference version of the 2013 National Defense...

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General Dynamics to lay off 84 employees in Charlottesville

Jill R. Aitoro Senior Staff Reporter- Washington Business Journal Email | Twitter | LinkedIn General Dynamics Corp. notified 84 employees in CHarlottesville, Va., that they would no longer have jobs...

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Best Buy CEOs, old and new, slammed on year-end lists

Apparently, business pundits aren't big fans of Best Buy Co. Inc.'s leadership, the Minneapolis/St. Paul Business Journal reported. Former Chief Executive Brian Dunn tops a list of "The Worst CEOs of...

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Treasury to sell shares in two-thirds of remaining TARP banks

The Treasury Department in 2013 hopes to clear out its portfolio of banks that took bailout funds during the financial crisis, according to The Wall Street Journal. Shares owned by the Treasury in...

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Postal Service workers stage second hunger strike in six months

A small group of protesters, made up of six former and current U.S. Postal Service workers, launched their second hunger strike in six months on Tuesday, The Washington Post reported. The group has...

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Cubic Defense Applications wins order for tactical vehicle systems

Cubic Defense Applications will provide its Instrumentable MILES Tactical Vehicle System, or I-MILES TVS, to the U.S. Army under a $12.5 million order, Washington Technology reports. Cubic, which has...

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Washington Redskins release plans for playoff tickets

The Washington Redskins, which are in position to make the playoffs for the first time in five years, announced on Monday how and when fans can purchase tickets to any potential home playoff games,...

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MindShare still pumping up Washington's tech CEOs

Tien Wong CEO, Lore Systems- Washington Business Journal Email | Twitter | LinkedIn Contrary to some reports questioning its relevance in the D.C. tech community, MindShare is alive and well. This...

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Google Map app has 10M downloads in 48 hours

Google Inc.'s map application for the iPhone was downloaded more than 10 million times in the first 48 hours it was available, according to a Google+ post by Jeff Huber, who heads commerce and local...

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Crowd Funding: Moving the elephant through the python

Glen Hellman Chief Entrepreneureator, Driven Forward LLC- Washington Business Journal Email | Twitter | LinkedIn Startups today are whining about the lack of funding available after raising a...

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Facebook video advertisements coming in 2013

You think the video ads that play before your favorite shows on Hulu are annoying? Brace for them on your very own Facebook news feed beginning in early 2013. According to Advertising Age, "Facebook...

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Software industry braces for new phone apps rules

The software industry is bracing for new regulations from the Federal Trade Commission that could update a 14-year-old law prohibiting the collection of personal information from preteens, according...

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Fort Meade breaks ground with first private housing development for junior...

Life is about to get much cozier for more than 1,400 young soldiers stationed at Fort George G. Meade, the Baltimore Business Journal reports. Picerne Military Housing LLC has reached a deal with the...

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Startups to watch in 2013, according to D.C.'s venture elite

Bill Flook Staff Reporter- Washington Business Journal Email | Twitter Ask any venture capitalist about up-and-coming startups, and they'll inevitably slip in at least one portfolio company. Some...

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Fiscal cliff clouds budget process in Maryland

Fiscal cliff negotiations in Washington are clouding the financial future of Maryland, a state that is highly susceptible to federal budget cuts because of its proximity to the nation's capital, WTOP...

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Homebuilder confidence reaches highest level since April 2006

Confidence continues to build among homebuilders of new, single-family homes. Builder confidence rose for the eighth consecutive month, and to the highest level in nearly seven years, according to the...

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Inova greenlights $23 million emergency room expansion in Mount Vernon

Inova Health System trustees have approved a $23 million addition to Inova Mount Vernon Hospital, the third phase of a multi-year campus modernization program that's caused strife with the surrounding...

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Teach For America seeking education hub in D.C.

Daniel J. Sernovitz Staff Reporter- Washington Business Journal Email | Twitter Teach For America has selected crowd-equity real estate firm Fundrise LLC to help it find a new home in the District,...

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Fabiani & Co.'s Stephen Conafay spins off, moves to 2200 Pennsylvania

Michael Neibauer Staff Reporter- Washington Business Journal Email | Twitter Stephen Conafay, a principal at Fabiani & Co., has spun off and created his own government affairs company, The Conafay...

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Prince William launches life sciences accelerator

Prince William County has inked a deal to establish a wet lab accelerator at the Innovation Technology Park to help growing life science companies set up shop while their needs are still small and of...

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Two Arlington education centers moving to new digs

Arlington Public Schools is relocating two of its education centers to space in the Sequoia Building 2 on Washington Boulevard, ARLnow.com reports. The administrative offices, classrooms and staff...

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March opening expected for D.C.'s Iron Gate Inn

Iron Gate Inn — the newest offering from Neighborhood Restaurant Group — will not make its expected January opening and is more likely to ready in March, Eater.com reports. Iron Gate Inn will be...

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Downtown D.C. to get Nordstrom Rack

Nordstrom Inc. plans to open a Nordstrom Rack store at the 1800 L St. NW building in downtown Washington, Citybizlist.com reports. The store is scheduled to open in spring 2013. Nordstrom Rack is the...

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New housing construction fell in November

New housing starts in November fell 3 percent from October, but still remains close to the strongest annual pace in four years, the Commerce Department reported. Privately owned housing starts in...

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Arlington considers streetcar design options

Officials in Arlington County are weighing the pros and cons of three different streetcar designs that could be used on its proposed rail line along Columbia Pike, ARLnow.com reports. The wider model...

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JBG buys Reston apartment community

The JBG Cos. has acquired the Archstone Charter Oak apartment community in Reston, Citybizlist.com reports. Charter Oak is a 262-unit project located at 11637 Charter Oak Court within a mile of the of...

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Pentagon rejects post-9/11 antiterrorism standards

Daniel J. Sernovitz Staff Reporter- Washington Business Journal Email | Twitter The Pentagon has eliminated the stringent real estate leasing standards it put into place following the Sept. 11, 2001,...

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D.C. Councilman Marion Barry's ex-offender hiring bill defeated

Michael Neibauer Staff Reporter- Washington Business Journal Email | Twitter The D.C. Council adopted legislation Tuesday that its supporters believe will help ex-offenders ease back into employment...

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Networking tip: Host a weekly lunch for clients and contacts

Bryant Ruiz Switzky Senior Staff Reporter- Washington Business Journal Email | LinkedIn | Twitter Bankers aren't usually known as networking gurus, but Bethesda-based Congressional Bank CEO John Lane...

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GSA offers online training in conference etiquette

The General Services Administration, which spent excessively at a Las Vegas training conference, will now offer online training on conference etiquette to employees, Government Executive reports. The...

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GSA building projects idled by budget cuts

The General Services Administration, which is responsible for hundreds of millions of dollars of planned construction, does not have the budgeted funds available to complete them, Federal Times...

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Missing records tied to Skyland Shopping Center acquisition may cost D.C. $28M

Michael Neibauer Staff Reporter- Washington Business Journal Email | Twitter The District’s management of federal funds for the acquisition and maintenance of the Skyland Shopping Center has been...

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Michael Brown 'leaning toward' new D.C. Council bid

D.C. Councilman Michael Brown, who was defeated in the Novembers polls amid questions about his personal conduct, said Wednesday that he is "leaning toward" mounting a comeback bid in April's special...

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Colonial Parking brings new parking app to D.C. area

A new app by Colonial Parking will help drivers find locations with available parking spots, NBC4 Washington reported. The app is powered by ParkMe and will use GPS technology to provider drivers with...

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Law firms recruited for food truck fight in Arlington

Law firms are being recruited to help food truck vendors in Arlington fight citations for staying in one spot longer than an hour, ARLnow.com reported. At issue is a citation received by Seoul Food...

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Dick's Sporting Goods suspends rifle sales

Dick's Sporting Goods, which has 19 locations in the Washington region, said Tuesday that it is suspending sales of modern rifles nationwide after the school shooting at Sandy Hook Elementary School...

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Audit finds GSA stumbling in oversight of International Trade Center contract

Michael Neibauer Staff Reporter- Washington Business Journal Email | Twitter It’s not a $16 muffin or a spending spree in Las Vegas, but the General Services Administration is getting knocked around...

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Salamander Resort buildout making progress

Work on the Salamander Resort and Spa, intended to replicate a grand home built 100 years ago, is proceeding, the Loudoun Times-Mirror reports. The grand opening of Salamander Hotels and Resorts owner...

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Great Falls jeweler Robert Mikail sentenced in diamond-swapping scheme

Ashburn resident Robert Mikail, owner of Great Falls jewelry store Vima Jewelry, was sentenced on Wednesday to three years in prison for swapping the diamonds in customers' jewelry for cheaper stones,...

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Disaster averted: What if Millennial Media had waited for Facebook to IPO?

Bill Flook Staff Reporter- Washington Business Journal Email | Twitter Millennial Media’s share price hasn’t exactly had an easy go of it since its March debut on the New York Stock Exchange. Despite...

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Arlington's Paciugo Gelato to morph into Street Corner Cafe

Clarendon gelato franchise Paciugo Gelato and Caffè is changing its stripes. ARLnow.com reports that owner John Croce will reposition the eatery at 3033 Wilson Blvd. into a cafe serving a full menu. It...

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