Early Briefing: Moving A Waffle Shop

Here's some of the local business news that appeared in Friday's paper:

The 57-year-old Waffle Shop, with its serpentine counters and chrome accents, opened on 10th Street NW. (Library of Congress photo)

* Douglas Jemal is going to build something on the site where the Waffle Shop now stands, across from Ford's Theater. But the shop will survive because he will take it apart and reassemble it on a different site. See story

*Columnist Steven Pearlstein says it's nonsense for District officials to be upset that the Nationals are hosting events in Prince George's rather than their city because it's all one big economy. See column.

*ICx Technologies, an Arlington homeland security company, raised $80 million in its IPO. It was priced at $16 a share and shares closed yesterday at $12.85. The company's board and management includes a slate of former government officials, including former transportation secretary Rodney Slater and former Michigan senator and energy secretary Spencer Abraham. See story.

*InPhonic of the District, which sells wireless products and services, sought bankruptcy protection after it agreed to be bought by a private-equity firm. See story.

* With little discussion, the Metro board unanimously approved a townhouse development at the Takoma station that had been opposed by neighbors. See story

By Terri Rupar  |  November 9, 2007; 5:00 AM ET  | Category:  Morning Brief
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