Early Briefing: Trex Shares Fall

Here's some of the local business stories in Wednesday's paper:

*Shares of Trex, a Winchester company that makes decking and railing products from recycled materials, fell nearly 10 percent after the company raised its estimates of how much it would cost to deal with quality-control problems at one of its manufacturing plants. It also swung to a loss for the quarter, and revenue fell. See story.

*A federal judge ruled that a civil lawsuit alleging abuse and torture at the Abu Ghraib prison in Iraq can go forward against Arlington-based CACI International. See story

*District officials are outraged that the Washington Nationals plan to host their annual black tie "Dream Gala" at Gaylord National, a new hotel across the Potomac in Prince George's County, and FanFest, a day-long celebration, in Bethesda. See story

*After 40 years, the Childe Harold shut down Saturday for the last time. The Dupont Circle saloon had hosted Emmylou Harris and Bruce Springsteen. See story.

*The Montgomery County Council gave preliminary approval to a hefty increase in taxes for developers and builders and authorized a new way of measuring whether an area is too congested with traffic for development. See story

By Terri Rupar  |  November 7, 2007; 5:00 AM ET  | Category:  Morning Brief
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