The Early Briefing 09.04.07

It's hard to get back to work after a glorious weekend like we just enjoyed, but we'll try.

The Watergate Hotel is to sell everything to prepare for face-lift. (Gerald Martineau - The Washington Post)

* The Watergate Hotel has long been more of a famous name than a five-star palace.

The hotel's owner hopes a bit of that luster draws shoppers to an "Everything Must Go!" sale of beds, couches, sinks and toilets from rooms graced by the likes of Liberace and Katharine Hepburn, not to mention four of the burglars who made Watergate famous. The sale comes as the hotel prepares for a facelift. See story.

* Small ethnic grocers face new challenges from the ethnic big box groceries. See story.

* Many local banks are asking: What credit crunch? Wall Street may have been rocked by the turmoil, but the troubles have yet to pinch smaller Main Street borrowers. See story.

* Mid-tier contractors are feeling the squeeze. Too big to qualify for small business set asides, they are often too small to compete for the giant uber contracts the government seems so fond of awarding these days.
See story.

* A legal appeal could delay the arrival of a Wegmans in Prince George's County. See story.

* Several local commercial real estate are competing to offer space to the Justice Department, which wants to consolidate its criminal division in one place. See story.

By Dan Beyers  |  September 4, 2007; 6:38 AM ET  | Category:  Morning Brief
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