Local Business
D.C. start-ups aim to build a business on mobile
The expanding use of smartphones is giving rise to a new class of mobile entrepreneurs. The challenges their fledging businesses face are similar in many ways to those of the early pioneers of the Internet.
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Buyer snags shopping center in Manassas
Black Oak Associates struck a $21.6 million deal for a stalled mixed-used development that fell victim to the credit crunch.
Official proposes 5-cent plastic bag tax in Montgomery
Tens of thousands of merchants would be affected, from hardware stores to wig shops.
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Crystal City gets its first new hotels in 20 years
The side-by-side Marriott properties are the first new LEED-certified "green" hotels in Arlington.
More Headlines
- Pepco reliability plan made without detailed study
- Boeing consolidates its Washington presence
- D.C. entrepreneur scopes out marijuana business
- Six Flags job fair puts applicants in the spotlight
- Va. assembly approves biotech, high-tech incentives
- Marriage of lobby, law firms is uneasy but lucrative
- Leaders of Commonwealth Bank pay fines
Washington D.C. Area Index
Washington D.C. Area Index
Who are the winners and losers in the local Washington D.C., Virginia and Maryland public trade markets? Check the Bloomberg Washington D.C. Area Stock Index for up to date performance measures.
Washington's moment
Capital Business
The pieces are now in place for the next great burst of business in Washington. There is a new wave of government activism underway, and with it, new opportunities for the private sector.
Business Video
Business Video from Bloomberg
Gross Says Inflation Matters More Than Bernanke Suggests
March 4 (Bloomberg) -- Bill Gross, manager of the world's largest bond fund at Pacific Investment Management Co., talks about U.S. inflation and labor market outlook. U.S. employers added 192,000 workers in February, and the unemployment rate unexpectedly declined to 8.9 percent, the lowest level since April 2009, Labor Department figures showed. Gross speaks with Tom Keene and Ken Prewitt on Bloomberg Radio's "Surveillance." (This is an excerpt of the full interview. Source: Bloomberg)
Blanchflower Says ECB Rate Hike Is 'Last Thing' Needed
March 4 (Bloomberg) -- David Blanchflower, an economics professor at Dartmouth College and a former Bank of England policy maker, talks about his reaction to European Central Bank President Jean-Claude Trichet's remark yesterday that the ECB may raise its benchmark rate next month. Blanchflower speaks with Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)
Aronstein Says Commodities Run Won't Derail Economy
March 3 (Bloomberg) -- Michael Aronstein, president of Marketfield Asset Management, and Joe Cusick, senior market analyst at OptionsXpress Holdings Inc., talk about the outlook for the February U.S. jobs report and the impact of rising commodities prices on the economy and investment strategy. They speak with Carol Massar, Adam Johnson and Dominic Chu on Bloomberg Television's "Street Smart." (Source: Bloomberg)
O'Leary Says Ryanair Growth May Slow to 5% This Year
March 3 (Bloomberg) -- Michael O'Leary, chief executive officer of Ryanair Holdings Plc, talks about the impact of higher oil prices on the airline and the outlook for growth. He speaks with Bloomberg's Flavia Rotondi and Lorenzo Totaro in Rome. (Excerpt. Source: Bloomberg)
Faber Says U.S. Stocks Will Outperform Emerging Markets
March 3 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom & Doom report, talks about the outlook for global stock markets. Faber also discusses the U.S. economy and commodity markets. He speaks with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg)
LV Air's Smith Sees Pent-Up Demand for Las Vegas Travel
March 3 (Bloomberg) -- Sean Smith, founder and acting chief executive officer of LV Air, talks about the rationale for establishing an airline that will offer non-stop flights to Las Vegas and outlook for the company. Smith speaks with Margaret Brennan and Scarlet Fu on Bloomberg Television's "InBusiness." (Source: Bloomberg)
Henkel CEO Says Prices to Rise as Commodity Costs Soar
March 3 (Bloomberg) -- Henkel AG Chief Executive Officer Kasper Rorsted spoke yesterday with Bloomberg Television's Elliott Gotkine in London about plans to offset higher raw material costs. Henkel's products include Persil detergent, Schwarzkopf shampoos and Dial shower gel.
Bell Says Sky News Value Key to News Corp.'s BSkyB Bid
March 3 (Bloomberg) -- Nicholas Bell, an analyst at Jefferies International Ltd., talks about News Corp.'s 7.8 billion-pound ($12.7 billion) bid to take full control of British Sky Broadcasting Group Plc, which won U.K. regulatory approval after Rupert Murdoch agreed to spin off the Sky News channel. He speaks with Maryam Nemazee on Bloomberg Television's "The Pulse."
Abramsky Says Apple IPad 2 Won't Change Tablet Landscape
March 3 (Bloomberg) -- Mike Abramsky, a technology analyst at RBC Capital Markets LLC, discusses Steve Jobs's emerging yesterday from medical leave to introduce a new version of the iPad. The iPad 2 features a faster chip and front and rear cameras, which allow for videoconferencing. It's also 33 percent thinner than its predecessor, released in April. The product will ship in the U.S. on March 11 and internationally on March 25, at the same $499 starting price as the previous model. Abramsky speaks from Toronto with Deirdre Bolton on Bloomberg Television's "InsideTrack." (Source: Bloomberg)
Marshall Says Portugal Needs Aid to Escape `Debt Trap'
March 3 (Bloomberg) -- Robin Marshall, a director at Smith & Williamson Investment Management, discusses the Portuguese economy, bonds and the outlook for today's European Central Bank interest-rate decision. He talks with Mark Barton on Bloomberg Television's "On The Move."
Balfour Beatty's Tyler Sees U.K. Infrastructure Growth
March 3 (Bloomberg) -- Ian Tyler, chief executive officer of Balfour Beatty Plc, talks about infrastructure investments in the U.K. and the effect of Middle East unrest on the company. He speaks with Mark Barton on Bloomberg Television's "On The Move."