Local Business

D.C. start-ups aim to build a business on mobile

Steven Overly | Capital Business

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.

Buyer snags shopping center in Manassas

Danielle Douglas | Capital Business

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

Michael Laris

Tens of thousands of merchants would be affected, from hardware stores to wig shops.

Crystal City gets its first new hotels in 20 years

Danielle Douglas | Capital Business

The side-by-side Marriott properties are the first new LEED-certified "green" hotels in Arlington.

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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.

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Business Video from Bloomberg

VIDEO: Gross Says Inflation Matters More Than Bernanke Suggests

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)
Levick Says AOL Focused on Increasing `Quality Content'
March 3 (Bloomberg) -- Jeff Levick, global advertising president of AOL Inc., talks about the prospects for increasing users and drawing global advertisers to the brand. He speaks with Maryam Nemazee on Bloomberg Television's "The Pulse."
Greenwald Says Airlines Lack Level Playing Field on Fuel
March 3 (Bloomberg) -- Gerald Greenwald, co-founder of Greenbriar Equity Group LLC, discusses the impact of higher oil prices on airlines. Greenwald speaks with Betty Liu on Bloomberg Television's "In the Loop." (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.
Mukherjee Says India Will Maintain Fiscal Consolidation
March 3 (Bloomberg) -- Indian Finance Minister Pranab Mukherjee talks about rising oil prices and fiscal consolidation to tackle the country's deficit. He spoke with Bloomberg UTV in New Delhi yesterday.
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)
Carnell Expects No More Than One ECB Rate Cut in 2011
March 3 (Bloomberg) -- Rob Carnell, chief international economist at ING Bank NV, discusses the European Central Bank and Federal Reserve monetary policy amid rising oil prices. He talks with Maryam Nemazee on Bloomberg Television's "The Pulse."
Continental's Degenhart Says Rubber Price Is `Burden'
March 3 (Bloomberg) -- Elmar Degenhart, chairman of Continental AG, talks about growth and the effect of higher oil and rubber prices on the tiremaker. He speaks with Maryam Nemazee on Bloomberg Television's "The Pulse."
U.S. Labor Market Improves; Stocks Rebound on ADP Report: Video
March 3 (Bloomberg) -- Jane King summarizes the top stories this morning on the Bloomberg Business Report. (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."
Bugatti, Bentley, Aston Martin Show That Luxury Is Back
March 3 (Bloomberg) -- Bloomberg's Ryan Chilcote reports from the Geneva auto show on sales of luxury cars including the 268 miles-per-hour Bugatti Veyron Super Sport. (Source: Bloomberg)
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."
Brikho Says Amec Acquisitions Will Be `Very Selective'
March 3 (Bloomberg) -- Samir Brikho, chief executive officer of Amec Plc, talks about the outlook for the price of oil and investment in exploration. He speaks with Mark Barton on Bloomberg Television's "Countdown."
Libya Violence Draws Attention to Europe's Arms Sales
March 3 (Bloomberg) -- Bloomberg's Poppy Trowbridge reports on Europe's arms sales to the Middle East and North Africa.