Local Business
Rockville developers aim to lure tech and female entrepreneurs
This city of nearly 60,000 has sought to capitalize on its strengths, targeting what it believes are underserved populations of female-owned businesses and scientific researchers, to plant a flag in the ground.
Navy halts some computer buys
The move comes as the federal government prepares to announce agency-specific targets for reducing its information technology infrastructure.
The fine art of building franchises
"I'm not rich, but I'm comfortable," says Mary Rogers the co-founder of Abrakadoodle, an art education franchiser that grossed more than $1M last year.
Longtime D.C. tobacconist expands into Bethesda
The owners of the District's oldest tobacco shop bought their new space from an old friend.
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.
Business Video
Business Video from Bloomberg
Khanna Urges U.S. to Reach Out to `All Sides' in Egypt
Jan. 31 (Bloomberg) -- Parag Khanna, senior research fellow at New America Foundation, discusses the protests in Egypt and the outlook for the country's leadership. Khanna, author of "How to Run the World: Charting a Course to the Next Renaissance," talks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
Bell Says New York City Technology Startups `Thriving'
Jan. 31 (Bloomberg) -- Thatcher Bell, principal at DFJ Gotham Ventures, talks about the environment for technology-related startups in New York City's so-called Silicon Alley. He speaks with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart." Bloomberg's Carole Zimmer also reports on trends in East Coast technology startups. (Source: Bloomberg)
Chambliss, Warner Discuss U.S. Debt, Deficit Commission
Jan. 31 (Bloomberg) -- U.S. Senators Saxby Chambliss, a Georgia Republican, and Mark Warner, a Virginia Democrat, talk about efforts to reduce the federal budget deficit and recommendations by the bipartisan deficit commission. Warner and Chambliss talk with Peter Cook on Bloomberg Television's "Street Smart." (This is an excerpt from the full interview. Source: Bloomberg)
Kapoor Says ExlService Makes Insurers More Efficient
Jan. 31 (Bloomberg) -- Rohit Kapoor, chief executive officer of ExlService Holdings Inc., talks about the company's outsourcing services for U.S. and European businesses and its employees in India. Kapoor talks with Pimm Fox on Bloomberg Television's "Taking Stock." ExlService provides offshore services for banking and insurance companies. (Source: Bloomberg)
Binder Discusses Impact of Egypt Unrest on South Asia
Jan. 31 (Bloomberg) -- Jonathan Binder, chief investment officer at Consilium Investment Management, talks about the economic impact of the unrest in Egypt on Indonesia, Bangladesh and Sri Lanka. Binder speaks with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart." (Source: Bloomberg)
U.S, Stocks Rally on Consumer Data, Exxon Mobil Profit
Jan. 31 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks rose, extending the second straight monthly gain for the Standard & Poor's 500 Index, as businesses expanded at the fastest pace since 1988 and consumer spending and Exxon Mobil Corp.'s profit beat estimates. (Source: Bloomberg)
Boksen Says Small-Cap Market `Attractive' in Long Term
Jan. 31 (Bloomberg) -- Bert Boksen, managing director and portfolio manager at Eagle Asset Management Inc., and independent trader Andrew Keene, talk about the outlook for the U.S. stock market. They speak with Matt Miller, Carol Massar, Dominic Chu and Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Ajami Says Mubarak May Have Triggered Anti-U.S. Terror
Jan. 31 (Bloomberg) -- Fouad Ajami, director of Middle East studies at Johns Hopkins University, talks about the anti-Mubarak uprising in Egypt and the outlook for that country's political future and relationship with the U.S. He speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Brandt Warns Investors Not to Overreact to Egypt Unrest
Jan. 31 (Bloomberg) -- Cameron Brandt, director of markets research at EPFR Global, discusses the impact of political unrest in Egypt on global fund flows and emerging market investment strategy. Brandt speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Wyman Says Investors See Egypt as a Risk for Markets
Jan. 31 (Bloomberg) -- Ann Wyman, head of emerging markets research for Europe at Nomura Holding Inc., talks about the unrest in Egypt and implications for markets. She speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
Bremmer Sees No Significant Risk to Suez Transit of Oil
Jan. 31 (Bloomberg) -- Ian Bremmer, president of the Eurasia Group, and Justin Leverenz, who manages the Oppenheimer Developing Markets Fund at OppenheimerFunds Inc., discuss emerging markets, the impact of political risk on investment strategy and the anti-government protests in Egypt. Bremmer and Leverenz speak with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg)
Fine Doubts New Government Would Improve Egypt Economy
Jan. 31 (Bloomberg) -- Eric Fine, a portfolio manager at Van Eck Associates Corp., talks about the protests in Egypt and the outlook for the country's economy. Opposition groups urged more Egyptians onto the streets to help unseat Hosni Mubarak, as the president sought to quell unrest by appointing a new Cabinet and putting police back on duty in Cairo. Fine speaks with Lisa Murphy on Bloomberg Television's "Fast Forward." (Source: Bloomberg)
Ranck Says It's a Question of `When' Mubarak Steps Down
Jan. 31 (Bloomberg) -- Jody Ranck, a consultant at mHealth Alliance of the United Nations Foundation, talks about the outlook for changes in Egypt's government in the wake of nearly a week of demonstrations by groups opposed to President Hosni Mubarak. Ranck speaks with Lisa Murphy on Bloomberg Television's "Fast Forward." (Source: Bloomberg)
Steve Case to Lead White House Entrepreneurship Campaign
Jan. 31 (Bloomberg) -- AOL Inc. co-founder Steve Case will lead a White House campaign seeking to increase private sector investments in startup companies and small businesses as part of President Barack Obama's directive to promote entrepreneurship. Emily Chang reports on Bloomberg Television's "Fast Forward." (Source: Bloomberg)
Biggs Says He's Not Selling and `Not Panicked' by Egypt: Video
Jan. 31 (Bloomberg) -- Barton Biggs, managing partner at Traxis Partners LP, talks about investment strategy. Biggs, speaking with Tom Keene on Bloomberg Television's "Surveillance Midday," also discusses the impact of Egypt's civil unrest on the financial markets. (Source: Bloomberg)
James Rubin Says ElBaradei Should Have a Role in Egypt
Jan. 31 (Bloomberg) -- James Rubin, co-executive editor of Bloomberg View and a former assistant secretary of state under President Bill Clinton, talks about protests in Egypt aimed at unseating President Hosni Mubarak and the possible transitional role of opposition leader and former United Nations nuclear official Mohamed ElBaradei. Rubin, speaking with Margaret Brennan on Bloomberg Television's "InBusiness," also discusses the possible role the military may have in quelling the disturbances and the outlook for new leadership. (Source: Bloomberg)
Gabr Says Egypt Must Change Through `Legitimate' Means
Jan. 31 (Bloomberg) -- Shafik Gabr, chairman of ARTOC Group for Investment and Development, an Egyptian real-estate and industrial company, talks about the unrest in Egypt. He speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)
Adam Parker Says U.S. Stock Market Is `Near Fair Value': Video
Jan. 31 (Bloomberg) -- Adam Parker, head of U.S. equity strategy at Morgan Stanley, discusses the outlook for U.S. stocks and investment strategy. Parker speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)
Lee Expects 7%-8% Decline in S&P; 500 in March or April
Jan. 31 (Bloomberg) -- Thomas Lee, chief U.S. equity strategist at JPMorgan Chase & Co., talks about the outlook for the U.S. stock market and the impact of anti-government protests in Eqypt on financial markets. Lee speaks with Betty Liu, Jon Erlichman and Sheila Dharmarajan on Bloomberg Television's "In the Loop." (Source: Bloomberg)