Publication: Washington Business Journal

First reported 54 mins ago - Updated 48 mins ago - 1 reports

Metro, MWAA strike deal to get Silver Line open by summer

Metro is not quite ready to take control of the Silver Line, but an agreement announced Thursday between the transit agency and the Metropolitan Washington Airports Authority moves the project closer to a summer opening.Under the agreement, Metro General ... [Published Washington Business Journal - 54 mins ago]
Entities: Silver, Acquisition
First reported 1 hour ago - Updated 1 hour ago - 1 reports

Prince George's Hospital Center president to step down

Prince George’s Hospital Center President John O’Brien will retire, officials said Thursday.O'Brien, who also serves as chief operating officer of Dimensions Healthcare System — the hospital's parent company — will step down May 15. Dimensions Healthcare ... [Published Washington Business Journal - 1 hour ago]
First reported 6 hours ago - Updated 2 hours ago - 1 reports

Report: Hilton to open Conrad hotel at CityCenterDC

CityCenterDC, which just  bolstered its cadre of high-end retail with the likes of Jimmy Choo and Ferragamo, has another card up it sleeve: a fancy hotel where you can kick up your feet after a strenuous day of shoe shopping.For more than a year, Hines, ... [Published Washington Business Journal - 6 hours ago]
Entities: Jimmy Choo, Retailing
First reported 5 hours ago - Updated 5 hours ago - 1 reports

Critics ignored, MicroStrategy CEO Saylor's pay approved

In February, some Microstrategy shareholders  called for the ouster of CEO Michael Saylor, citing poor performance. As it turns out the majority doesn't agree.MicroStrategy's collected ownership, gathered at the Mclean company's annual sharehodler meeting ... [Published Washington Business Journal - 5 hours ago]
Entities: MicroStrategy Inc
First reported 23 hours ago - Updated 6 hours ago - 1 reports

Northrop Grumman raises earnings forecast

Falls Church-based Northrop Grumman Corp. reported lower revenue for its latest quarter, though higher income spurred the company to raise its full year profit forecast.Northrop (NYSE: NOC) had $5.85 billion in first quarter revenue, compared to $6.1 ... [Published Washington Business Journal - 23 hours ago]
First reported Apr 23 2014 - Updated 19 hours ago - 1 reports

VDOT proposes express lanes off Bi-County Parkway to Dulles Airport

Despite a study concluding that limited highway access is not the problem for flagging cargo shipments at Dulles International Airport, the Virginia Department of Transportation is proposing a new road as the solution. On Tuesday, VDOT unveiled its preferred ... [Published Washington Business Journal - Apr 23 2014]
First reported 20 hours ago - Updated 20 hours ago - 1 reports

EagleBank earnings hit quarterly record

Bethesda-based Eagle Bancorp Inc. saw higher loans and deposits, and set aside less money for bad loans, helping push quarterly earnings to a record.The parent company of EagleBank had first quarter revenue of $44.5 million, compared to $42.6 million ... [Published Washington Business Journal - 20 hours ago]
First reported 22 hours ago - Updated 22 hours ago - 1 reports

CSC begins rating employees on an extreme bell curve

Falls Church-based Computer Sciences Corp. recently introduced guidelines for performance reviews based on a strict bell curve with the expectation that 40 percent of the workforce will fall short of expectations.The move comes as other companies are ... [Published Washington Business Journal - 22 hours ago]
First reported 23 hours ago - Updated 23 hours ago - 1 reports

Wal-Mart considers new financial services (Video)

Daniel Eckert, senior vice president of financial services for Wal-Mart, met this week with federal financial regulators, including the Consumer Financial Protection Bureau, as the world's largest retailer continues exploring new financial services to add ... [Published Washington Business Journal - 23 hours ago]
First reported Apr 23 2014 - Updated Apr 23 2014 - 1 reports

Sequestration? What sequestration? See which Washington companies dominated federal contracting in 2013

Did sequestration stilt federal contracting in 2013? Not much for the largest D.C.-area companies.That’s one of the takeaways from Bloomberg Government’s list of the Top 200 contractors, ranked by prime, non-classified contract awards from federal agencies ... [Published Washington Business Journal - Apr 23 2014]
First reported Apr 23 2014 - Updated Apr 23 2014 - 1 reports

House hunting in DC? Forget the lowball offer

The number of condos and houses that sold in the District last month was down 6 percent from a year ago, but sellers are getting what they're asking.Long & Foster Real Estate Inc. says the average list-to-sale price in D.C. in March was 99.6 percent. ... [Published Washington Business Journal - Apr 23 2014]
First reported Apr 23 2014 - Updated Apr 23 2014 - 1 reports

Turf battle over veteran contracting program as agencies argue over who could do it for less money

Memo to the Congressional Budget Office: If you're going to make claims about the cost of a program, make sure you get the information right.That was the message delivered by a Department of Veterans Affairs official in response to the CBO's claim that ... [Published Washington Business Journal - Apr 23 2014]

Quotes

"Global tourism is on the rise and there is substantial opportunity for our portfolio of hotels to expand internationally" said Mark Pearce, senior vice president of Choice's international…
"After six amazing years, an opportunity has come along that I couldn't refuse," Muccio wrote. "I'm off to my next big adventure and I'll be closing the store in two weeks."
"We're thrilled to death to have those guys in Hoffman Town Center" said Brendan Owen, chairman of asset services for…

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Metro, MWAA strike deal to get Silver Line open... [Published Washington Business Journal - 54 mins ago]
Prince George's Hospital Center president to st... [Published Washington Business Journal - 1 hour ago]
Critics ignored, MicroStrategy CEO Saylor's pay... [Published Washington Business Journal - 5 hours ago]
Report: Hilton to open Conrad hotel at CityCent... [Published Washington Business Journal - 6 hours ago]
EagleBank earnings hit quarterly record [Published Washington Business Journal - 20 hours ago]
CSC begins rating employees on an extreme bell ... [Published Washington Business Journal - 22 hours ago]
Northrop Grumman raises earnings forecast [Published Washington Business Journal - 23 hours ago]
Wal-Mart considers new financial services (Video) [Published Washington Business Journal - 23 hours ago]
Sequestration? What sequestration? See which Wa... [Published Washington Business Journal - Apr 23 2014]
Turf battle over veteran contracting program as... [Published Washington Business Journal - Apr 23 2014]
House hunting in DC? Forget the lowball offer [Published Washington Business Journal - Apr 23 2014]
VDOT proposes express lanes off Bi-County Parkw... [Published Washington Business Journal - Apr 23 2014]
Garrett Cos. acquires Tysons Ford for $26.5M, p... [Published Washington Business Journal - Apr 23 2014]
Amazon and HBO ink multiyear content agreement ... [Published Washington Business Journal - Apr 23 2014]
Gulfstream jet sales lift General Dynamics earn... [Published Washington Business Journal - Apr 23 2014]
Ronald Reagan 'First Flack' lobbyist Bob Gray dies [Published Washington Business Journal - Apr 23 2014]
Eight kickstarters to launch your Wednesday, an... [Published Washington Business Journal - Apr 23 2014]
Where is DOD putting its largest solar array? [Published Washington Business Journal - Apr 22 2014]
Washington home values back? Not by a long shot [Published Washington Business Journal - Apr 22 2014]
Choice Hotels expands in China [Published Washington Business Journal - Apr 22 2014]
Aereo's CEO on why investors are scared of the ... [Published Washington Business Journal - Apr 22 2014]
Post owner Jeff Bezos suffers steep net worth d... [Published Washington Business Journal - Apr 22 2014]
Lockheed's latest sequestration predictions: 10... [Published Washington Business Journal - Apr 22 2014]
Eight kickstarters to launch your Tuesday, and ... [Published Washington Business Journal - Apr 22 2014]
General Dynamics to no longer contribute to pol... [Published Washington Business Journal - Apr 22 2014]
I-95 Express Lanes 70 percent done, scheduled t... [Published Washington Business Journal - Apr 21 2014]
He was here, too: More D.C. businesses report t... [Published Washington Business Journal - Apr 21 2014]
Growing beyond billable [Published Washington Business Journal - Apr 21 2014]
Secure Missions Solutions acquired by Parsons C... [Published Washington Business Journal - Apr 21 2014]
Discovery sells HowStuffWorks to Blucora [Published Washington Business Journal - Apr 21 2014]
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