Archive: March 2, 2008 - March 8, 2008

Early Briefing: Parenting Inc.

*Enjoy shopping for kids' stuff? Knowledgeable on potty training? Know how to get a baby on a sleep schedule? Maybe there's more in it than you think. Busy, anxious parents are increasingly hiring consultants and other professionals on lactation, childproofing and other topics or pick up products that they don't...

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

A Celebrity, A Party, And Web 2.0

It took a "cewebrity" to get the Web 2.0 party started this week in Washington. He came in the form of Pete Cashmore, the British founder of Mashable, one of the top sites on the Web for tracking developments in social networking. The occasion for his appearance in Washington on...

By Zachary Goldfarb | March 7, 2008; 11:30 AM ET | Comments (4)

Carlyle Capital Considers "All Available Options"

From the Associated Press: Carlyle Capital Corp. Ltd., a listed mortgage-bond fund managed by private equity firm the Carlyle Group, said Friday it was considering "all available options" after lenders started liquidating securities from its $21.7 billion portfolio. Shares in the fund, which trade on Euronext Amsterdam, were suspended Friday...

By Dan Beyers | March 7, 2008; 8:02 AM ET | Comments (2)

Early Briefing: The Troubles Spread

*One part of the mortgage market seemed okay: mortgage-backed securities issued by Fannie Mae of the District and Freddie Mac of McLean. But that doesn't seem to be holding up anymore, with supply growing and prices dropping. See story Those dropping prices may hit another local firm. Carlyle Group runs...

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

Carlyle Unit Fails To Meet Margin Calls

Carlyle Capital Corp., Ltd., a publicly traded financial company managed by the Carlyle Group, the District-based private equity giant, failed to meet banks' margin calls on its $21.7 billion portfolio yesterday, according to a company news release. Carlyle Capital, listed on the Euronext in Amsterdam, said it received notice from...

By Dan Beyers | March 6, 2008; 11:04 AM ET | Comments (5)

Early Briefing: NPR Is Staying

*Lured by tax abatements for the next two decades, NPR will stay in the District instead of moving to Silver Spring. It will build a newsroom in NoMa, on North Capitol Street, transforming a warehouse of the former Chesapeake and Potomac Telephone Co. The tax deal will save NPR...

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

Early Briefing: Sick Leave for All, Except for Some

*Legislation passed in the District that would make employers give their workers paid sick leave. There were a couple of amendments added to the measure that made it more palatable for business. New workers have to wait 12 months before becoming eligible, most health-care workers and wait staff are exempt,...

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

Dr. Bob's Chloraseptic Success Story

Welcome to my new blog in a blog. "Value Added" is my place to write about one of my favorite subjects: Successful business people. How they got that way. And how they stay that way. I also hope to write about investing. I don't play the stock market much. I...

By Dan Beyers | March 4, 2008; 1:38 PM ET | Comments (15)

Early Briefing: The Columbia Heights Renaissance

The heart of the project, 14th Street and Park Road, as seen from the historic Tivoli Theater. (By Bill O'leary -- The Washington Post) * A billion dollars worth of development, including a new Target-anchored shopping center opening Wednesday, is rising in Columbia Heights, erasing the last vestiges of...

By Dan Beyers | March 4, 2008; 6:32 AM ET | Comments (0)

Rubenstein Returns Magna Carta

By Tom Heath Carlyle co-founder David M. Rubenstein came to the National Archives on Monday to officially return a copy of the Magna Carta to the building where it once had been on display. Rubenstein in December bought the 1297 copy of the Magna Carta, an English royal document and...

By Dan Beyers | March 3, 2008; 4:40 PM ET | Comments (0)

Up and Down: USEC, Provident Bankshares, FTI, Gladstone Commercial

Our look at last week for local stocks: Many new movers on the list of top 10 losers, Sprint Nextel continues to struggle, and a couple of companies' earnings give them a boost. USEC (USU) had a bad week, on Monday projecting 2008 earnings that disappointed analysts and saying fourth-quarter...

By Terri Rupar | March 3, 2008; 12:00 PM ET | Comments (0)

Early Briefing: FBR's Compensation Package

On Mondays, we turn the business section over to new about local businesses. Here's some of the stories in today's paper: * Friedman Billings Ramsey Group is raising eyebrows from some compensation experts after the Arlington investment firm, battered by the credit crunch and subprime slump, granted senior executives cash...

By Dan Beyers | March 3, 2008; 6:54 AM ET | Comments (0)

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