Archive: December 2, 2007 - December 8, 2007

Real Estate

*A new kind of assisted-living community has plenty ofa menities and is aimed at older people who don't need nursing-home care but can't live on their own. See story *Michigan Park in Northeast Washington and the Concord Residences in Crystal City are profiled....

By Terri Rupar | December 8, 2007; 2:40 PM ET | Comments (0)

Fannie Mae Revises Retirement Benefits

For employees of District-based Fannie Mae, retirement is looking less secure. The company informed its workforce Thursday that it is capping the amount of money it will pay toward the premiums of retirees and their dependents for those who retire after Dec. 31. If premiums continue to rise sharply, inflation...

By Dan Beyers | December 8, 2007; 9:25 AM ET | Comments (1)

A Technoliday: Laptops For The Kids

Last night the DC tech community celebrated the holidays and raised money to send 14 laptops to kids around the third world and the District. Partygoers check out one of the laptops being distributed in the One Laptop Per Child Project. (Photo by Nick Strocchia) About 100 people attended the...

By Dan Beyers | December 7, 2007; 4:26 PM ET | Comments (8)

Buffer Or A Bailout: What's Your Opinion?

There's lots of stories in today's paper about the government's plan to freeze certain mortgage rates for five years to help troubled borrowers. Only those who took out subprime loans between 2005 and this summer, live in their homes and have credit scores of less than 660 will be able...

By Dan Beyers | December 7, 2007; 7:57 AM ET | Comments (2)

Early Briefing: An Early Christmas Gift For Feds

* Woo hoo, a four-day holiday! President Bush has issued an executive order closing the federal government on Christmas Eve, a Monday. All employees are excused from duty, except those who agencies deem are necessary for national security, defense or other public need. See Steve Barr's Federal Diary. * For...

By Dan Beyers | December 7, 2007; 7:39 AM ET | Comments (0)

Early Briefing: The Education of WaPo

*Chairman Donald Graham is rebranding The Washington Post Co. as an education and media company as its Kaplaneducation unit grows and accounts for more of the company's revenue. See story *McLean start-up Mixx, which runs a news-sharing site, got an investment from the Los Angeles Times Media Group and will...

By Terri Rupar | December 6, 2007; 5:00 AM ET | Comments (0)

Early Briefing: The Revolution Empire Grows

*What is it with Web sites that like to put CapiTaL letters in their names? Steve Case's Revolution Health Networkof the District has acquired HealthTalk and invested in SparkPeople, expanding its Internet audience to 12 million unique visitors a month, trailing only online giant WebMD in the health space. HealthTalk...

By Terri Rupar | December 5, 2007; 5:00 AM ET | Comments (0)

Early Briefing: Md's Power Problems

* Maryland's deregulation of electricity markets led to rate spikes for millions of customers and left the state vulnerable to power shortages so severe that they could cause frequent brownouts, a highly critical report by state regulators concludes. The situation is so dire the state's Public Service Commission may use...

By Dan Beyers | December 4, 2007; 6:12 AM ET | Comments (0)

BearingPoint's CEO Steps Down

Here's our updated post on the leadership change at BearingPoint: BearingPoint Harry You is stepping down to pursue other interests, the company says. (Lois Raimondo - The Washington Post) BearingPoint, the McLean management and technology consulting firm, said today it is replacing its chief executive as it becomes current in...

By Dan Beyers | December 3, 2007; 8:37 AM ET | Comments (0)

EagleBank, Fidelity & Trust To Merge

Commerce Bank's famous founder Vernon Hillstarts a Chevy Chase firm to invest in banking and now two local banks merge. Is there more to come? Bethesda's EagleBank, and Fidelity & Trust Bank are pairing up in a $48.8 million deal and becoming EagleBank, the companies announced. EagleBank operates six offices...

By Dan Beyers | December 3, 2007; 8:16 AM ET | Comments (0)

The Local Sports Blitz

Former Baltimore Sun reporter Lem Satterfield interviews a player after a high school football championship game for his new employer, DigitalSports. (By Zachary A. Goldfarb -- The Washington Post) In today's paper, we looked at Columbia-based DigitalSports, a company trying to transform how local sports are covered online, and...

By Dan Beyers | December 3, 2007; 8:00 AM ET | Comments (0)

Early Briefing: A Woman Grabs The Wheel

On Mondays, we turn the Business section over to local news. Here's a sampling of what you can find inside this morning's Washington Business. Tamara Darvish, 44, began working at the family auto business in 1984. Now she's part-owner of the 26-dealer chain Darcars Automotive Group with her father and...

By Mike Shepard | December 3, 2007; 4:05 AM ET | Comments (0)

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