Loudoun County Business News

Time Warner to Spin Off AOL

Media giant Time Warner announced this morning that it is unloading its struggling AOL advertising-and-dial-up unit, which will face life as a stand-alone, publicly traded company. Read story »

Time Warner to Spin Off AOL Division

Time Warner Inc. announced this morning in a filing with the Securities and Exchange Commission that it intends to spin off its ailing AOL division. Read story and 2 comments »

AIG's Troubles Could Hurt Va. Development

AIG's Troubles Could Hurt Va. Development

Firm's Backing May Further Impede Stalled Sterling Project

The Northern Virginia developers of a sprawling town center in Sterling used to boast about their financial backing from insurer American International Group. Now, that once-prized affiliation is causing a few headaches. Read story and 6 comments »

Raytheon's Move Heralded

Raytheon's Move Heralded

Loudoun Officials Say Firm's Arrival Could Lead to More

Loudoun County officials hailed last week's announcement by Raytheon that it is moving hundreds of employees to Loudoun, saying that the company's presence will stimulate the local economy and could draw similar businesses to the area. Read story »

In Anti-Luxe Times, Sheila Johnson's Middleburg Resort Goes Dormant

In Anti-Luxe Times, Sheila Johnson's Middleburg Resort Goes Dormant

Salamander Resort & Spa -- the ambitious, controversial enterprise of tycoon Sheila Johnson -- will go into a state of hibernation, the interiors unfinished, and the scheduled 2010 opening pushed off at least a year. Read story and 10 comments »

Up Close: China King's Wai Lai Whang

Up Close: China King's Wai Lai Whang

Wai Lai Whang, owner of China King restaurant in Leesburg, discusses her business, how its changed over the years and why she enjoys having her business in Loudoun County. Read story »

Office Thefts Sharpen Focus on Crime

Office Thefts Sharpen Focus on Crime

Sheriff's Business Watch Program Aims to Raise Safety Awareness

The burglaries at the office parks began in the summer. In a four-month period, a handful of medical and dental clinics — all in the Cascades area — were broken into after hours and robbed of checkbooks, petty cash and medications. Read story »

In Chantilly, Bush Asks Americans to Stay Calm in Financial Crisis

In Chantilly, Bush Asks Americans to Stay Calm in Financial Crisis

A family-run office-supply business in Northern Virginia became the backdrop yesterday for an economic pep talk by President Bush as he sought to calm markets and restore public confidence amidst a deepening global crisis. Read story »

Local Firms Join to Create Online Video Powerhouse

Two local companies joined forces today in an attempt to give online video its fair share of digital advertising revenue. Read story »

Presidential Golf Club Closes

Presidential Golf Club Closes

The Presidential golf club, which opened in Loudoun County in May, apparently closed yesterday after more than a dozen unpaid contractors had filed liens on the property. Read story and 15 comments »

GeoEye Hopes for Clear Skies Ahead

Satellite Imaging Firm Depends on Successful Launch for Rebound, Chief Says

On Thursday at 11:50 a.m. Pacific Daylight Time, GeoEye chief executive Matthew O'Connell plans to be at Vandenberg Air Force Base, watching a Boeing Delta II rocket roar into the California sky, carrying GeoEye's new imaging satellite — and the hopes of his company's future. If all goes well, he'll hand out cigars. Read story »

Restatement Pulls GeoEye's Goals Back Down to Earth

Restatement Pulls GeoEye's Goals Back Down to Earth

GeoEye's dreams have long been anchored high in the sky, with plans to launch next month a $500 million satellite powerful enough to snap a picture of home plate at Nationals Park from 423 miles above the planet. Read story »

AOL Is Moving Closer to Jettisoning Dial-Up

AOL is finally in a position to shed the dial-up-access business that once offered tens of millions of people their first glance at the Internet. Read story and 4 comments »

AOL Cuts More Products Developed in Dulles

Moves Affect Development Unit in Dulles

AOL is slashing more products — including some that had been promoted as on the cutting edge of the company’s future — as part of its effort to cut costs and focus resources on what is working for the beleaguered Internet giant. Read story »

Downtown in a Downturn

Downtown in a Downturn

Proposals Aim to Boost Leesburg's Historic Retail Core

Some say downtown Leesburg is just going through a phase. Others say its problems are more worrisome — a reflection of how rising gas and food prices have prompted many consumers to spend less on non-essential purchases and stay closer to home. Read story and 5 comments »

Deal of the Day

$25 Off House Cleaning From Maid To Please!

Maid To Please is offering LoudounExtra.com readers $25 off their first house cleaning, or $10 their third house cleaning.

View all deals from Maid To Please | All deals

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• $25 Off House Cleaning From Maid To Please! posted: 4/28/09

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