Local Business


Wal-Mart Abandons Southeast D.C., Angers Officials

Wal-Mart's announcement that it is backing out of plans to build two stores in D.C.'s Ward 7 effectively eliminated the creation of hundreds of local jobs and squashed hopes of millions of dollars in tax revenue coming into District coffers.

MGM Celebrates Final Stages of Casino Construction at National Harbor

MGM officials hoisted a tree and popped a bottle of champagne Wednesday at Maryland's National Harbor to celebrate the final construction stages of its casino resort opening later this year.

Wal-Mart Backs Out of D.C. Deal for Ward 7 Stores

Wal-Mart is backing out of plans to build two stores in D.C.'s Ward 7 as part of a series of worldwide cutbacks the retail giant announced Friday, a decision that rankled city officials and residents alike.

Prince George's Chamber of Commerce Campaigns for Local Business

Access to capital and wealth is pivotal to increasing entrepreneurial opportunity. In turn, increasing business, is an essential ingredient for directing community resources. It is with this in mind that the Prince George's Chamber of Commerce announces a campaign that ...

Redskins' Larry Brown Addresses Business Owners at EDC Breakfast

More than 100 small-business owners from Prince George's County were treated Monday with advice from legendary Washington Redskins running back Larry Brown on growing a successful business.

Economic Group Launches Anti-Poverty Initiative in Prince George's Co.

Economic Development Corporation President and CEO Jim Coleman announced Monday a new initiative aiming to decrease Prince George's County's poverty rate during a job fair for MGM and Whiting Turner at EDC headquarters in Largo, Maryland.

DC Chamber CEO Wingo Steps Down

After a little less than two years at the helm, Harry Wingo, the former president and CEO for the DC Chamber of Commerce, has voluntarily resigned his post to pursue other opportunities.

'Black-on-Black Economics': Black Male Entrepreneurs Make Strategic Deposit in Black-Owned Bank

In a strategic effort to continue the movement of "Black-on-Black economics" — circulating dollars in the black community to every extent possible — a group of black male entrepreneurs led by the U.S. Black Chambers Inc. has opened accounts with ...

Andy Shallal, Busboys and Poets Owner, to Lead D.C. Workforce Council

D.C. Mayor Muriel Bowser has appointed local businessman Andy Shallal to serve as chair of the Workforce Investment Council, a private sector-led board responsible for advising the mayor and city government officials on investments and strategies for the city's workforce ...

Prince George's Co., MGM Partner to Fill Casino Construction Jobs

Prince George's County's Economic Development Corp. will assist MGM National Harbor in filling more than 200 jobs.

'African Unification' Hosts Finance Workshop

Even with the political and social gains made in recent decades, many black families across the country remain mired in debt and generational poverty. Experts and common folk alike agree that a substantial change in the status quo will require ...

Black Real Estate Professionals in D.C. Region Celebrate 20 Years

The D.C.-area African-American real estate community convened Thursday in the District to honor those who have paved a way for economic development throughout the region.

D.C. Leaders Demand Formal Probe into Pepco-Exelon Merger Proposal

A group of D.C. community leaders held a press conference Wednesday to demand a formal investigation of the $6.8 billion Pepco-Exelon merger proposal, alarmed by Mayor Muriel Bowser's changing stance on the merger after reaching a $25 million deal for ...

Uber Makes D.C. Its East Coast Home

Uber's new D.C. headquarters that will serve as a hub for the company's East Coast operations is the latest addition to city's business community.

Verizon at Odds With Union

The Communications Workers of America, which represents 700,000 workers in private and public sector employment in 10,000 communities across the country — including in D.C. — is calling on officials to open an investigation into unsafe conditions at Verizon locations.