Archive: May 11, 2008 - May 17, 2008

The Post 200 Business Forum Wrap-Up

About 300 people showed up for the Post 200 Business Forum at the J.W. Marriott on Pennsylvania Avenue today to hear about the region's workforce and economy. Panelists from companies and universities such as Marriott, Capital One, George Washington University, Darcars and Kettler discussed the region's challenges and opportunities as...

By Terri Rupar | May 16, 2008; 3:37 PM ET | Comments (0)

Booz Allen to Sell Government Unit to Carlyle

By Zachary A. Goldfarb Booz Allen Hamilton, the giant McLean consulting company and government contractor, announced this morning that it will separate its U.S. government and commercial businesses, selling a majority stake in the government business to the Carlyle Group, the District-based private equity behemoth, for $2.54 billion. The government...

By washingtonpost.com Editors | May 16, 2008; 9:20 AM ET | Comments (0)

Early Briefing: Pain for the Pump Owner

*Like a lot of small-scale entrepreneurs, Cathy Osborne worries that she'll go out of business if fuel prices rise above $4 a gallon. Not because she won't be able to buy gas at that price, but because she won't be able to sell it. The old mechanical gas pumps with...

By Terri Rupar | May 16, 2008; 5:00 AM ET | Comments (0)

Roundup: Constellation, DuPont Fabros, Capital One

From staff and wire reports *Constellation Energy Group said it will sell its energy consulting and management subsidiary to the company's co-founder, Andrew R. Fellon. Constellation acquired the unit, Fellon-McCord & Associates, in 2003. Financial terms of the deal weren't disclosed. The companies will maintain a "strategic alliance," Constellation of...

By Terri Rupar | May 15, 2008; 5:46 PM ET | Comments (0)

Early Briefing: Foreclosures and Freddie Mac

Real estate agents Beth Doman and her son, Joe, show a foreclosed home in Ashburn that originally sold for $1.2 million. It is on the market for $850,000. (By Michael Temchine For The Washington Post) *Once-popular and riskier mortgages, such as adjustable-rate and interest-only, are beginning to take their...

By Terri Rupar | May 15, 2008; 5:00 AM ET | Comments (0)

From The Editor: Post 200 Videos And Photos

The printed version of the Post 200 is hot off the presses, but the guide to Washington's largest companies, nonprofits, employers, and law and lobby firms lives on at here at washingtonpost.com. We're busy building out Web pages for each company, adding features like videos and photos, with more...

By Dan Beyers | May 14, 2008; 5:46 PM ET | Comments (0)

Roundup: Greater Washington Initiative, Stanley and LCC

From staff and wire reports * The Greater Washington Board of Trade said it hired Matt Erskine as executive director of the Greater Washington Initiative, which promotes the area to businesses. Erskine, former president of Richmond-based consulting firm Play and deputy secretary of commerce and trade for Virginia, starts July...

By Terri Rupar | May 14, 2008; 5:13 PM ET | Comments (0)

Early Briefing: A Return To Skybox Lobbying?

* Not long ago, lobbyists regularly entertained lawmakers and their aides in skyboxes at local sports arenas. But after a series of scandals on Capitol Hill, the law was changed to forbid congressional officials from accepting anything of value from lobbyists without repayment -- let alone the best seats in...

By Dan Beyers | May 14, 2008; 7:52 AM ET | Comments (1)

Roundup: Flo, CSC, Sallie Mae, BearingPoint

From staff and wire reports *Flo, a Chantilly-based start-up, said it bought the technology it needs to operate its speedy airport security lanes for $5.25 million. Launched last year, Flo has slowly been pushing its way into the "registered traveler" business, offering expedited airport security screening to passengers who voluntarily...

By Terri Rupar | May 13, 2008; 4:51 PM ET | Comments (1)

Value Added: Fannie Mae's Dan Mudd

In last week's blog/column Tom Heath wrote about one of the Washington region's smallest businesses, an indoor swimming center for dogs only. . .This week we jump to the largest business in the region, Fannie Mae, the home mortgage giant, which probably has more revenues in a minute than...

By Dan Beyers | May 13, 2008; 2:01 PM ET | Comments (4)

Early Briefing: A Hotel For Old Convention Site

* A developer announced plans yesterday to build a luxury hotel and high-end retail on prime downtown property where former mayor Anthony A. Williams had proposed constructing a new central public library. Mayor Adrian M. Fenty, who supported the library when he was a member of the D.C. Council, said...

By Dan Beyers | May 13, 2008; 7:03 AM ET | Comments (0)

Up and Down: Deltek, MCG, Intersections, Trex

Stocks overall had their first weekly drop in a month last week, with the S&P 500 dropping 1.8 percent, dragged down by fears of more losses from financial firms. *The biggest loser of the week on our list was Deltek (PROJ), whose shares fell 38 percent to close the week...

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

Early Briefing: The Post 200

It's Monday, the day that we turn the Business section over to local news. And this Monday, the section is joined by The Post 200, a look at the public and private companies, banks, nonprofits, and law and lobby firms that drive the region's economy. Real estate industry analysts predict...

By Terri Rupar | May 12, 2008; 5:00 AM ET | Comments (0)

 
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