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News releases from Washington Business Journal
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MicroStrategy CEO Michael Saylor's Bitcoin gambit has made him a billionaire
Today 13:20 EST
The tech CEO and founder has seen the value of his company stock skyrocket in recent months.
Tickers
BITCOMP
USD-BITSTAMP
USD-COINBASE
Tags
Elon Musk
Blackrock, Inc/
Banking & Financial Services
From
Business Journals
Northrop lands $3.6B Air Force contract for airborne communications work
Today 12:15 EST
The contract calls on the Falls Church company to provide continued servicing of the Battlefield Airborne Communications Node (BACN) deployed on its Global Hawk fleet.
Tags
Military & Defense
Data Technologies
Technology
From
Business Journals
The week in bankruptcies: 2 entities in Greater Washington
Today 5:00 EST
For the year, the Washington region has recorded 2 business bankruptcy filings.
Tags
Banking & Financial Services
From
Business Journals
My Story: Deandra Coleman
Today 5:00 EST
For years, Deandra didn't always realize who she herself was — always felt stuck in the middle.
Tags
Media & Marketing
Deandra Coleman
From
Business Journals
Will Biden's stimulus plan supercharge IT modernization? Contractors hope so.
January 21, 2021
The new administration has proposed more than $10 billion in technology modernization and cybersecurity investment to upgrade federal IT systems.
Tags
Alan Chvotkin
Government & Regulations
Nate Ashton
From
Business Journals
Jared and Ivanka's Kalorama rental coming back to the market
January 21, 2021
The six-bedroom residence will be available for occupancy next month.
Tags
Amazon
Rodrigo Valderrama
President Barak Obama
From
Business Journals
Rotunda Capital Partners just raised more than expected. It's not the only local company with fresh funding.
January 21, 2021
Rotunda exceeded its original target for its debut institutional private equity round.
Tickers
INNO
Tags
Banking & Financial Services
Inno
Technology
From
Business Journals
Giant Food expands Landover headquarters, adds 70 jobs
January 21, 2021
The move was boosted by $500,000 in conditional state and county loans.
Tags
Commercial Real Estate
Retailing
From
Business Journals
How Charlottesville startup Lumastic sees the ‘unlocking of human potential’
January 21, 2021
Lumastic co-founders Drew Lytle and Keith Stolte have created a virtual workplace for freelancers, side hustlers and entrepreneurs.
Tickers
INNO
Tags
Startups
Technology
Inno
From
Business Journals
Jack London, CACI's executive chairman and longtime former CEO, dies
January 21, 2021
London was the government contractor's President and CEO for 23 years before stepping aside in 2007.
Tags
CACI International Inc/
Technology
J/ Phillip "Jack" London
From
Business Journals
Transurban names new president to oversee N. Va. toll lanes and company's massive Md. bid
January 20, 2021
Jennifer Aument is leaving the company to join AECOM.
Tags
Logistics & Transportation
Transportation
Aecom
From
Business Journals
D.C. developer Douglas Jemal receives last-minute pardon from President Trump
January 20, 2021
The president pardoned 73 people and commuted the sentences of 70 more.
Tags
Commercial Real Estate
Douglas Jemal
From
Business Journals
Security firms step up presence, services ahead of inauguration
January 20, 2021
Following the Capitol riots, some business owners have requested additional services — and the ability to do a hard lockdown of their buildings.
Tags
Government & Regulations
MVP Protective Services
Haniel Lynn
From
Business Journals
Aledade raises eye-popping $100 million
January 19, 2021
The local startup said Tuesday it has closed its Series D round with participation from existing and new investors.
Tickers
INNO
Tags
Meritech Capital Partners
Farzad Mostashari
Inno
From
Business Journals
Virginia nonprofit launches new fund to support young companies
January 19, 2021
CIT's Commonwealth Commercialization Fund recently kicked off its first funding round with a plan to disperse $7 million in grants of up to $100,000 in 2021.
Tickers
INNO
Tags
Inno
Technology
Startups
From
Business Journals
FEMA rejects Va., Md. requests for emergency declarations as Greater Washington braces for inauguration
January 19, 2021
The states made the requests in order to help cover costs related to the Jan. 6 Capitol riots and the lead-up to inauguration.
Tags
Government & Regulations
Coronavirus
From
Business Journals
As D.C. locks down for the inauguration, downtown businesses feel the pain
January 19, 2021
Strict new security measures are forcing many downtown businesses to shut down.
Tags
Barry Gutin
Travel & Tourism
Retailing
From
Business Journals
Viewpoint: Martin Luther King's birthday is a day on, not a day off
January 18, 2021
A beloved community is not a pipe dream, but it does take hard work, commitment and a resolve to push even more when times are troubled like they are this Monday.
Tags
Philanthropy & Nonprofits
From
Business Journals
NCI’s bet on AI pays off with GSA contract
January 15, 2021
The Reston technology contractor has been positioning itself to be a leader in the federal artificial intelligence market. Demand for its services is building.
Tags
Technology
Cybersecurity
Alphabet Inc/
From
Business Journals
From the National Mall to Memorial Bridge, these are the big inauguration closures coming to D.C.
January 15, 2021
The city is prepping for a more secure inauguration than ever before after the U.S. Capitol riot.
Tags
National Park Service
Local Transit
Government & Regulations
From
Business Journals
'I want to keep the music going': Alexandria company's concerts shut down over permitting issues
January 15, 2021
The group hosted two concert series but needs a city permit to continue.
Tags
Neeta Helms
Travel & Tourism
Travel
From
Business Journals
Viewpoint: D.C.-area business leaders call for common ground, not more conflict after Capitol riots
January 15, 2021
We are business leaders dedicated to making democracy work better. As Republicans, Democrats and Independents, we are Americans first.
Tags
Government & Regulations
From
Business Journals
Officials contemplate closing National Mall, Virginia bridges on or before inauguration
January 15, 2021
Security measures continue to heighten around Greater Washington.
Tags
Jeff Marootian
Coronavirus
Logistics & Transportation
From
Business Journals
Metro to shut down 13 stations, most in downtown D.C., as heightened inauguration security ramps up
January 14, 2021
The stations will begin closing Friday.
Tags
Transportation
Government & Regulations
Logistics & Transportation
From
Business Journals
Choice Hotels adds 22 casino resorts to its network through Penn National deal
January 14, 2021
The deal will add 22 hotels to Choice’s Ascend collection.
Tags
Travel & Tourism
Travel
From
Business Journals
Hotel workers union calls for hotels to close until after inauguration. D.C. hasn't mandated a shutdown.
January 13, 2021
Officials probably won't move to shut down D.C. hotels over safety concerns, though they haven't completely ruled out the possibility.
Tags
Government & Regulations
Airbnb, Inc/
Hotel Harrington
From
Business Journals
How a startup is using blockchain to accelerate the healthcare credentialing process
January 13, 2021
Together with fellow physician Keel Coleman, Lennox McNeary founded ArchiveCore, credentialing software that uses distributed ledger, or blockchain, technology to manage and verify primary source...
Tickers
INNO
Tags
Startups
Technology
Inno
From
Business Journals
WAMU flagship 'The Kojo Nnamdi Show' will go off the air in 2021
January 13, 2021
The show has run on Greater Washington's NPR affiliate for 23 years.
Tags
Kojo Nnamdi
Media & Marketing
From
Business Journals
Owner closes Marriott Wardman Park amid new bankruptcy filing
January 12, 2021
The company plans to sell the storied hotel as part of the process.
Tags
Career & Workplace
John Boardman
Commercial Real Estate
From
Business Journals
Amazon offers to vaccinate its 25,000 front-line Virginia employees against Covid
January 12, 2021
The company says it has the infrastructure to inoculate thousands of logistics and grocery store employees.
Tags
Ralph Northam
Commercial Real Estate
Brian Huseman
From
Business Journals
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