Archive: November 23, 2008 - November 29, 2008

Morning Brief: Small Businesses Wary of Bailout

Chris Kelly, a 31-year employee, awaits customers at Champion Billiards & Barstools in Rockville, which is holding a going-out-of-business sale. (By Kevin Clark -- The Washington Post) Small businesses are concerned that the government's announcement this week of what amounts to a bailout attempt for consumers and small-business owners...

By Alejandro Lazo | November 28, 2008; 9:37 AM ET | Comments (0)

Morning Brief: Price At The Pump A Bright Spot

There is some bright business news these days. The recent plunge in gas prices from their historic highs this summer has meant relief for small business owners and drivers. Stacie Banks and her family use their van and two Honda Elements to deliver arrangements of orchids, chrysanthemums, carnations and Gerber...

By Alejandro Lazo | November 26, 2008; 8:14 AM ET | Comments (0)

Morning Brief: Lay-Offs Hit Washington Families

The Washington area is well known for its economic resilience. Nevertheless, several large employers have announced lay-offs and staff writer Brigid Schulte takes a look at the experiences of middle class families that have lost a wage earner today. Each of the families learned how fast the slide to the...

By Alejandro Lazo | November 25, 2008; 8:04 AM ET | Comments (0)

Carlyle Pulls Back Overseas

The Carlyle Group is shutting down its 12-person Warsaw office and is laying off another seven people throughout Asia as it pulls back from two specialized ventures in emerging markets. The firm has closed down its team in Central and Eastern Europe, which was formed to pursue leveraged buyouts and...

By Tom Heath | November 24, 2008; 6:29 PM ET | Comments (0)

Up and Down: WGL, Hughes, United Therapeutics

The Post-Bloomberg index fell 10.7 percent last week, while the S&P 500 dropped 8.4 percent. *Shares of WGL Holdings (WGL) of the District rose 12 percent last week and are up 10 percent in the past three months. Its earnings forecast, released Nov. 14 with its third-quarter report, was in...

By Terri Rupar | November 24, 2008; 12:00 PM ET | Comments (0)

Morning Brief: The Voice Behind Video Games

It is Monday morning, and time to take a look at the latest local business news. First meet Craig Sechler of Northwest Washington. He is the voice behind dozens of characters in interactive video games, an intriguing, sometimes eerie, always challenging subculture that is as invisible to many people...

By Alejandro Lazo | November 24, 2008; 8:23 AM ET | Comments (0)

The Download: Navigating the Downturn

Washington's technology community is about to get another test. It's only been a few years since the dot-com crash wiped out many of the area's high-flying telecom firms and Internet start-ups. And with the economy now facing another dramatic downturn, entrepreneurs and investors are once again bracing for tough times....

By Terri Rupar | November 23, 2008; 8:00 PM ET | Comments (3)

Value Added: Sitting Down With Manny Friedman

By Thomas Heath I had been trying to get Manny Friedman to talk to me for almost two years. He is the "F" in FBR. That's Friedman, Billings, Ramsey Group, the Rosslyn-investment bank that made its three founders very wealthy from their plays in banking back in the early 1990s....

By Dan Beyers | November 23, 2008; 7:45 PM ET | Comments (3)

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