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 have the time to research and buy. See story
*U.S. Transportation Secretary Mary Peters said she is working with Virginia Gov. Timothy M. Kaine (D) are working on a federal review of the Metrorail extension to Dulles, giving supporters hope that the state is effectively addressing federal concerns and the project can move forward. See story
*AOL Radio's partnership with XM Satellite Radio is ending May 1, as it starts a new one with CBS Radio that lets AOL listeners access CBS content. See story
*A Montgomery County task force is recommending new efforts to increase the amount of affordable housing that include new loans for home buyers and increased fees on commercial builders. See story
*Fannie Mae, the District mortgage-finance company that is completing an accounting overhaul after a $6.3 billion earnings misstatement, said it hired Jacqueline K. Wagner of American Express as chief audit executive.
*Allied Capital of the District found buyers for 4 million shares of stock, or about 2.5 percent of the company. The shares were priced at $19.86 per share, below the stock's Thursday closing price of $21.45 a share. Allied Capital expects the deal to close Wednesday. The firm plans to use the $79 million it expects to raise to pay off debt and invest in deals.
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