Archive: February 3, 2008 - February 9, 2008

Real Estate

*People are trying to give their teenagers a place to hang out, remodeling their basements or even adding a half-pipe. See story *Many communities have their own Web sites. How to get one started and figure out what you want it to do. See story *Alexandria's Del Ray and Bethesda's...

By Terri Rupar | February 9, 2008; 1:32 PM ET | Comments (0)

Early Briefing: Va. Homestead Exemption May Not Happen

*After lobbying by Virginia's business community, a proposal in the state's legislature that would let local governments give homeowners a break of as much as 20 percent on their real estate assessments may not happen. The homestead exemption would shift the tax buden from homeowners to owners of commercial and...

By Terri Rupar | February 9, 2008; 5:00 AM ET | Comments (1)

Geico's Cavemen Underwhelmed by Show About Them

By Michael S. Rosenwald Cavemen are, by their very nature, extremely insecure. Anyone who has seen them in Geico's auto insurance commercials knows that they take any slight very seriously, whether it be from their shrinks or from television newscasters. So it was only natural, we suppose, that Geico's cavemen...

By Mike Shepard | February 8, 2008; 3:14 PM ET | Comments (1)

TechPost: Where does Washington stack up?

We'll kick this week's TechPost off with a by-the-numbers review of venture capital in the area. A couple weeks back, I http://www.washingtonpost.com/wp-dyn/content/article/2008/01/20/AR2008012002183.html">wrote about how venture capital in the region powered ahead in 2007, hitting a highpoint since the burst of the dotcom bubble in 2001. But today I want to...

By Zachary Goldfarb | February 8, 2008; 10:00 AM ET | Comments (1)

Early Briefing: Change at The Post

Katharine Weymouth, niece of Post Co. Chairman Donald E. Graham, has been vice president of advertising. Photo Credit: The Washington Post Photo *The Washington Post Co. is creating a new division that oversees both the newspaper and washingtonpost.com and appointed Katharine Weymouth - granddaughter of Katharine Graham, niece of...

By Terri Rupar | February 8, 2008; 5:00 AM ET | Comments (0)

Corporate Executive Board's Shares Plummet

*Shares of Corporate Executive Board fell 22.5 percent to $40.14 after its 2008 profit and revenue forecasts disappointed investors. Shares have lost a third of their value this year. But shares of Neustar, SRA International and Harman International Industries made up some of the losses that their stocks had yesterday...

By Terri Rupar | February 7, 2008; 5:03 PM ET | Comments (0)

Morning Briefing: What's Next for Circuit City?

A sharp drop in the price of flat-panel televisions caused Circuit City to plan sweeping changes. (By Mario Tama -- Getty Images) *Circuit City has cut staff and expenses, and investors are getting antsy. But the Richmond-based chain hopes it can turn it all around with its new, smaller...

By Terri Rupar | February 7, 2008; 5:00 AM ET | Comments (0)

Some Stocks Take Big Falls

A few local companies took major tumbles on the markets today, many because they're not expecting a good 2008 - or at least not as good as analysts would have hoped. Neustar (NSR) shares were down more than 25 percent, to $21.50, after the Sterling company forecast 2008 profit and...

By Terri Rupar | February 6, 2008; 4:21 PM ET | Comments (0)

Time Warner Splitting Up AOL Amid Losses

By Zachary A. Goldfarb Time Warner said today it is splitting its AOL division into an online advertising unit and a dial-up access unit, a move many analysts expect could lead to the sale of the access business. It was the first announcement of plans for AOL by new Time...

By Dan Beyers | February 6, 2008; 2:00 PM ET | Comments (7)

Early Briefing: Gathering Steam For Dulles Rail

*The region's chambers of commerce are mobilizing behind the Dulles rail project, trying to convince federal officials that it's key to the region's economic future. Companies say that too much time is wasted on the road and that it's difficult to attract younger employees. See story Separately, a Federal Transit...

By Terri Rupar | February 6, 2008; 5:00 AM ET | Comments (0)

Does Honest Tea Go Better With Coke?

Honest Tea, the Bethesda organic beverage company, announced today that it had sold 40 percent of itself to Coca-Cola. The company's co-founder, Seth Goldman, knows there will be questions about whether he has sold out. He has answers, which he lays out in a lengthy blog posting of his own....

By Dan Beyers | February 5, 2008; 5:39 PM ET | Comments (0)

Early Briefing: Taxi!

People waiting for rides outside Union Station yesterday faced long waits and higher fares -- double the price of a taxi ride or more -- as limo drivers took the striking cabdrivers' place. (By Kevin Clark -- The Washington Post) Standing out on 15th St yesterday, we wondered why...

By Dan Beyers | February 5, 2008; 7:13 AM ET | Comments (0)

Early Briefing: Booz Allen Ponders a Split

On Mondays, we turn the Business section over to local news. Here's a sampling of what you'll find in today's Washington Business. *Booz Allen Hamilton is considering whether it should split its government and commercial consulting practices. The McLean firm, which pioneered the concept of Organizational DNA, has been in...

By Mike Shepard | February 4, 2008; 6:33 AM ET | Comments (0)

 
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