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House takes up Senate bill to trim excess real estate
A House committee has taken a key step toward helping the federal government shed millions of dollars in excess real estate, an elusive goal that has defied the House and Senate for years. Rep. Jeff...
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McAuliffe announces plan to speed up I-66 expansion in toll deal amendment
Virginia lawmakers plan to accelerate the widening of Interstate 66 inside the Capital Beltway, a decision intended to ease lawmaker concerns about high-occupancy toll lanes. Gov. Terry McAuliffe...
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Your company might belong on these two new Lists
I want to tell you about two new Lists we have going on this year, in case your business could be included in one of them, or potentially both. One of them is our first-ever List of the oldest...
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Northrop gets bomber funds in new budget, while Lockheed and General Dynamics...
The U.S. Department of Defense fiscal 2017 budget unveiled Tuesday requests $523.9 billion in discretionary defense funding and another $58.8 billion in emergency war funding, billed as “overseas...
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Washington Humane Society, Washington Animal Rescue League to merge
The Washington Humane Society and the Washington Animal Rescue League are merging, a move the groups say will create the first animal care organization of its kind to exist in a major U.S. city. The...
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Former Fed chair Ben Bernanke on the U.S. economy, the financial crisis and...
The American economy is in pretty good shape but the big dangers are coming from overseas, according to former Federal Reserve Board Chairman Ben Bernanke. The housing market is on the rebound,...
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Restaurant roundup: Indian restaurant to replace Bistro Vivant in McLean, raw...
We now know what will replace French restaurant Bistro Vivant in McLean: Masala, a 90-seat Indian restaurant. Bistro Vivant closed at the end of December after three years in business. The restaurant...
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StonebridgeCarras to transform industrial park opposite Potomac Yard
Potomac Yard's industrial neighbor, the Oakville Triangle, is on the verge of a total transformation. StonebridgeCarras, on behalf of landowner The Blackstone Group, expects to break ground in the...
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Monumental close to adding Arena Football League team to Verizon Center roster
Monumental Sports & Entertainment founder Ted Leonsis could add an Arena Football League franchise as early spring 2017 to the roster of teams that play at Verizon Center, according to The...
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Carlyle Group suffers from 'strong headwinds' but sees opportunities ahead
The Carlyle Group LP (NASDAQ: CG) is facing an uncertain investment environment driven by a slowdown in the Chinese economy, the price of oil and access to credit — and it's hoping to capitalize on it....
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Leggett seeks additional $1.33M for Purple Line prep
Montgomery County Executive Ike Leggett is seeking an additional $1.33 million to prepare a recreational trail from downtown Bethesda to Silver Spring to build the light-rail Purple Line, The...
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How very Uber: D.C. Taxi app is unveiled
Hello, Uber: Hailing a cab in D.C. has just gone digital. The D.C. Taxicab Commission has unveiled the D.C. Taxi app, allowing potential riders to hail a cab much the way they do with Uber and Lyft....
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EastBanc proposes citywide development change to address hiccup with...
EastBanc Inc. has run into a zoning snag with its proposed redevelopment of a gas station on Pennsylvania Avenue NW, at the eastern gateway to Georgetown. Its suggested solution, one backed by the D.C....
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The cool kinetic Dupont Circle park that's gone nowhere
In September 2014, D.C. earned federal approval to build a tiny park south of Dupont Circle featuring kinetic pavers that generate and store electricity with every footstep. The progress on that...
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Will lawmakers get on board with President Obama's IT and cyber initiatives?
There’s a lot to like in President Obama’s recent budget for IT modernization and cybersecurity, but at the moment it's really only words on paper. Obama’s statements accompanying the Tuesday budget...
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Home of the Day: Easy Commute to Nature's Paradise in Davidsonville
By Barbara Bohan, Agent Home of the Day is presented by the Washington Business Journal with Long & Foster Real Estate, Inc.. This is your invitation to view some of Washington, D.C.'s...
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CSRA's chief executive has a 'contrarian view' of emergency war funding
When Lawrence Prior was asked on an earnings call about the expected sales pressures from a continued drawdown in the Pentagon’s war account, the CEO of Falls Church-based CSRA Inc. (NYSE: CSRA) threw...
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New culinary team looks to revive historic restaurant near Mount Vernon
After years in various aspects of the food business, Andrew Holden wasn’t looking to open a restaurant — he far preferred the predictability and profitability of his catering business, The Joy of...
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Here's how much Exelon has spent pursuing its $6.8 billion merger with Pepco
Chicago-based energy giant Exelon Corp. (NYSE: EXC) has spent about $259 million in its ongoing and increasingly long pursuit of a merger with D.C.-based Pepco Holdings Inc. (NYSE: POM), according to...
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Even the trimmed down paid leave legislation fails to win fans in D.C.'s...
Despite a proposal to trim down the generous paid leave proposal being considered by the D.C. Council, business leaders testified Thursday they still see serious problems with the idea. "We fear that...
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