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David Francis
Home sales drop in Northern Virginia
- Home sales in Northern Virginia were down over the last year, including a drop of more than one-third in Prince William County, according to new data released Thursday.
Washington-based bank now regulated by D.C.
- The Industrial Bank of Washington’s application for a charter from the District of Columbia has been approved, making the city government the bank’s regulator for the bank.
Intelligence-gathering proposal could be worth up to $1 billion
- The Defense Intelligence Agency has announced it will put out a proposal to consolidate the number of outside contractors used by the agency from 30 to five.
Conference targeting high-end investors in town
- An investment conference aimed at providing strategies for wealthy individuals is coming to Woodley Park on Thursday.
Freddie Mac profits fall 45 percent
- Second-quarter profits at Freddie Mac, the McLean-based home lending giant, fell 45 percent after the company was forced to spend $320 million to cover losses on bad loans in 2006 and 2007.
Lockheed a finalist for $10 billion Indian contract
- Bethesda-based Lockheed Martin is one of six international defense contractors invited by India to submit proposals for a $10 billion fighter jet contract.
- Bethesda-based Lockheed Martin is one of six international defense contractors invited by India to submit proposals for a $10 billion fighter jet contract.
Carlyle agrees to purchase Home Depot subsidiary
- A group of investors led by District-based private equity giant The Carlyle Group has agreed to purchase Home Depot’s wholesale distribution business for $8.5 billion, $1.8 billion less than the purchase price agreed to in June.
- A group of investors led by District-based private equity giant The Carlyle Group has agreed to purchase Home Depot’s wholesale distribution business for $8.5 billion, $1.8 billion less than the purchase price agreed to in June.
Fairfax companies account for majority of venture capital investments in area
- Funding received by start-up companies in Fairfax County accounted for 63 percent of the total venture capital invested in the area last quarter, according to a new analysis from the Fairfax Economic Development Authority.
Bank offers more freedom to patrons
- Client: Freedom Bank of Virginia
MPRI to move to Braddock Road as part of new development plan
- Government contractor MPRI is relocating its headquarters from Old Town Alexandria to an office building near the Braddock Road Metro station, a move the city hopes will stimulate growth in the area.
District saw more tourists, fewer business visitors in ’06
- Visitors to Washington in 2006 spent more money per trip than in the previous year, according to a new report, although less people came to visit the national capital.
Lawyers call for new charges against ex-Mother Seton priest
- Attorneys for the boy who claimed he was molested by a priest at an Archdiocese of Washington church called on Montgomery County police to press additional charges against the clergyman.
U Md. University College’s online degree programs named ‘best values’
- The University of Maryland, University College, has had 10 of its online degree programs ranked as among the best values in the country, according to new rankings released Wednesday.