Archive: March 30, 2008 - April 5, 2008

Early Briefing: Bookstore Troubles

*It used to be the big bookstores vs. the independent bookstores. Now it's all bookstores vs. Amazon.com, Costco and other big-box stores, which offer big discounts on books. "It's only a matter of time before the independents and chains realize they are actually in the battle with them as opposed...

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

Roundup: Circuit City, National Harbor

*Twenty people at Reagan National Airport last night reported feeling sick; they had just attended a conference at the Gaylord convention center in National Harbor in Prince George's, which opened this week. Officials don't see signs indicating that the illness is connected to anything related to the center's food or...

By Terri Rupar | April 4, 2008; 4:56 PM ET | Comments (0)

WashingtonVC Targets Social Media

Eric Litman is a long-time Washington area technology guy who on his blog calls himself an "Internet entrepreneur and evangelist." Litman was one of four founders of a well-known local Internet development company in the 1990s called Proxicom. Using proceeds from selling that company and other ventures, he is...

By Zachary Goldfarb | April 4, 2008; 11:30 AM ET | Comments (5)

Early Briefing: Iomai Takes a Step Forward

*Iomai of Gaithersburg got a boost from Merck, which said it would test the drug company's patch that is designed to stimulate a stronger immune-system response to vaccines. The companies didn't say what vaccine they'd use in the testing, to be conducted on animals. See story. * Legislation that would...

By Terri Rupar | April 4, 2008; 5:00 AM ET | Comments (0)

Roundup: Nabi, CACI, Freddie

*Nabi Biopharmacetuicals of Rockville said it settled a patent case against Roxane Laboratories related to its former product PhosLo Gelcaps. Terms are confidential. Nabi sued after Roxane applied to the Food and Drug Administration to market a generic version of the product, which by patients with kidney failure. *CACI International...

By Terri Rupar | April 3, 2008; 4:58 PM ET | Comments (0)

Early Briefing: Second-Best Address Gets Way More Popular

Baseball caps sporting Truman's quip about the hotel are hot sellers. (Photo by Marvin Joseph - The Washington Post *Since the scandal related to then-New York Gov. Eliot L. Spitzer broke, sales at the Mayflower gift shop - where he supposedly met with a prostitute - have been way...

By Terri Rupar | April 3, 2008; 5:00 AM ET | Comments (0)

Roundup: Sallie, Circuit City, Federal Capital Partners

*Sallie Mae appointed a new director: Howard H. Newman, CEO of Pine Brook Road Partners, a private-equity firm. Newman was previously at Warburg Pincus. The Reston company named two new directors last week and said to expect more. *TechTeam Government Solutions of Chantilly, a unit of TechTeam Global, said it...

By Terri Rupar | April 2, 2008; 4:08 PM ET | Comments (1)

And the Winner Is ...

... ZaraCom Technologies of Rockville, which develops artificial intelligence technology. The competition, sponsored by Rockville Economic Development Inc., was for business plans from women-owned firms. ZaraCom aids wireless carriers in identifying bottlenecks on their networks to better manage traffic flow, reports Sharon McLoone over at the Small Business blog. Other...

By Terri Rupar | April 2, 2008; 1:47 PM ET | Comments (1)

Early Briefing: Destination DC

*Washington, D.C. Convention & Tourism Corp. is getting a shorter name, Destination D.C., a new ad campaign and a new Web site. washington.org. The $3 million campaign is the District's biggest ever, and ads will run in magazines such as Gourmet and Conde Nast Traveler and in the Washington area,...

By Terri Rupar | April 2, 2008; 5:00 AM ET | Comments (0)

Roundup: USEC, Legg Mason, General Dynamics

News from the Washington area: *USEC of Bethesda said it bought a 74-acre site in Oak Ridge, Tenn., formerly owned by Boeing. USEC, which supplies enriched uranium, said the area includes a 200,000-square-foot building built to make and test centrifuge machines, so it saves time and money by not having...

By Terri Rupar | April 1, 2008; 4:32 PM ET | Comments (0)

Value Added: Social Networking 101

Here's Tom Heath's latest column on Washington's successful business people: Seven years ago I somehow was selected for a fellowship to study at the Columbia University Graduate School of Business, where I learned lots of cool stuff like accounting, the discount rate and the definition of moral hazard. But the...

By Dan Beyers | April 1, 2008; 1:19 PM ET | Comments (0)

Anyone Get Fooled?

It's April 1st, and pranks are largely unavoidable. In our office, the trick almost always involves making someone think they missed a huge story and a competitor has it. Tribune sent out a press release saying that its name had changed to ZellCoMediaEnterprises, and Google's annual effort involves e-mail time...

By Terri Rupar | April 1, 2008; 12:45 PM ET | Comments (0)

Early Briefing: Jobless At Va.'s Unemployment Office

* How's this for timing in an economic downturn? The Virginia Employment Commission said it plans to close its Fairfax office and relocate 45 positions in offices around the state to save an estimated $1 million on building and operating costs. The announcement comes after the commission last month eliminated...

By Dan Beyers | April 1, 2008; 7:16 AM ET | Comments (0)

What's Up at Work?

What's up with the person stealing the food out of the fridge, or the person who talks too loudly, or the boss who has unreasonable expectations? We're starting a new WashBiz Blog feature in which we help local readers find answers to workplace questions. Leave comments with questions here, or...

By Terri Rupar | March 31, 2008; 4:03 PM ET | Comments (0)

Mom Made Food, Then a Business

Heather Stouffer founded Mom Made Foods in May 2006 in Alexandria, making organic frozen foods for children. The business came to be after she couldn't find baby foods she liked and made her own, Sharon McLoone reports at the Small Business blog. Stouffer is still the business's only full-time employee,...

By Terri Rupar | March 31, 2008; 1:43 PM ET | Comments (0)

A Business Contest Befitting Hulk Hogan

By Kendra Marr Joseph Zuccaro, 47, strutted around a Northern Virginia restaurant showing off his ultimate networking tool: a gold-plated championship wrestling belt. It's flashy. It's bizarre. And it never fails to attract curious businessmen, itching to ask this middle-age marketing consultant how he's involved with World Wrestling Entertainment. The...

By Dan Beyers | March 31, 2008; 1:25 PM ET | Comments (0)

Up and Down: XM, Sucampo, RCN, Chindex

It couldn't last for long; after winning the top spots on our list of top-10 gainers for the week ended March 21, Fannie Mae (FNM) and Freddie Mac (FRE) made it onto our list of one-week losers, both dropping 17 percent. XM Satellite Radio (XMSR) got the go-ahead from the...

By Terri Rupar | March 31, 2008; 12:00 PM ET | Comments (0)

Early Briefing: Grocery Talks Yield Agreement

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: * Workers at Giant and Safeway reached a tentative labor agreement with the two grocery store chains over the weekend. Rank-and-file employees are scheduled to vote on the...

By Mike Shepard | March 31, 2008; 7:02 AM ET | Comments (0)

 
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