News Stories Tagged "business_news"

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AOL Hands Out Pink Slips

Once the cornerstone of a booming local tech economy, AOL yesterday executed its second major round of layoffs in two years amid a weakening online advertising market. Read story and 1 comment »

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 »

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 »

Surfing Roads Less Traveled

Surfing Roads Less Traveled

Ashburn Firm Makes WiMax a Reality in Small-Town America

In Sprint's multibillion-dollar vision, Washingtonians will soon be able to sit in a moving car (passenger seat, please) and take part in a video chat while downloading a movie and writing e-mails. Read story and 1 comment »

Gas Crosses $4 Mark

After several days of record-breaking increases, the price of a gallon of gas has surpassed the $4 mark in the Washington metro area. Read story »

Slowdown? Not for this Automaker

Slowdown? Not for this Automaker

Economic slump? Manic market? Perfect time to expand your Lamborghini dealership! Read story and 14 comments »

Ashburn Husband-Wife Team Gets Things Done For The Well-To-Do

WHEN SOME WASHINGTONIANS get their tummies tucked or their faces lifted, they call Ken and Afi Lartey's company for the full after-treatment. For $3,000 per 24 hours, a nurse will drive plastic surgery patients to and from the hospital, see them through recovery and pick up prescriptions or groceries. For an additional fee, one of the Larteys' other companies will drop off the dry cleaning and find a nanny to watch the children. Read story »

Red Cross Might Move Workers to N.Va.

The American Red Cross might relocate some of its employees from its downtown Washington headquarters to a satellite office in Northern Virginia to generate revenue, an official with the financially struggling disaster relief agency said yesterday. Read story »

Sterling Company's Shares Tumble on Forecast

Shares of Sterling-based NeuStar Inc. tumbled Thursday after the provider of clearinghouse services for communications companies lowered its 2008 revenue forecast and gave a weak profit outlook for the year. Read story »

Transcript: HCA Executive Answers Reader Questions on BRMC

argaret Lewis, president of HCA's Capital Division, was online this afternoon to answer questions from LoudounExtra.com readers about HCA's plans to build the proposed Broadlands Regional Medical Center. Read story »

Telos Prevails After 3 Years Of Battling Shareholder

Judge Dismisses Final Counts of Shareholder Lawsuit

After three years of litigation and allegations that its directors were abusing millions of dollars of company funds, Telos has prevailed over an investor’s efforts to force it to pay dividends it said it could not afford. Read story »

Ashburn Firm to Build Portable WiFi Systems for Army

The Army has hired Telos to build a next-generation WiFi communications system that Army personnel can lug with them and set up anywhere around the world to get logistics support. Read story »

Small Vintners See Hope Amid Marketing Drought

Small Vintners See Hope Amid Marketing Drought

State-Backed Firm Will Help With Distribution

Planting was underway at Willowcroft Farm Vineyards in Loudoun County yesterday, where owner Lew Parker was putting in his first crop of Albariño grapes, a Spanish variety that produces a crisp, white wine. Read story »

Orbital Science Sells Transportation Unit

Dulles Firm to Pay $42.5 Million

Orbital Science, a space technology manufacturer in Dulles, announced yesterday that it agreed to sell its transportation management division for $42.5 million in cash. Read story »

Report: Leesburg Among Best for Business

Anyone looking to start a company need look no further than Leesburg, according to a CNNMoney.com ranking released this week. Read story »

Annual Craft Show Draws Crowd in Leesburg

Annual Craft Show Draws Crowd in Leesburg

Vendors and customers packed the Ida Lee Recreation Center this past weekend in a scene that could have come from a bazaar at a more exotic locale. Read story »

County's Wine, Heritage Top Tourism Priorities

Loudoun tourism officials said Wednesday they plan to focus on the county's heritage sites and 15 wineries to help strengthen the county's tourism economy. Read story and 1 comment »

The AOL Exodus Effect

The AOL Exodus Effect

Once a Magnet, Firm’s Departure May Alter Local Tech Landscape

Barry Schuler moved to Washington from Silicon Valley to join AOL during its golden days, one of the many top technology professionals the Internet 8giant recruited to the region. But when the former chief executive left in 2003, he returned to California to become an investor and start a technology company, following other executives who have drifted away from the region. Read story »

Yahoo Shows an Interest in AOL

Now that Yahoo has formally rejected Microsoft’s unsolicited $44 billion buyout bid, the Internet company has set its sights on its own deal with AOL. Read story »

Time Warner Splitting Up AOL Amid Losses

Time Warner reported earnings Wednesday morning and said revenues fell 33 percent to $5.2 billion during 2007 at its AOL Internet operations. Read story »

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