Local Business


Decision Day Nears for Prince George's Council on Baker Tax Proposal

Under water, overtaxed and overextended were just some of the adjectives used by residents who continue to voice concern over Prince George's County Executive Rushern Baker's proposed 15 percent property tax increase.

The Wealth Factory Makes Its Mark in D.C.

In honor of its 80th anniversary, Industrial Bank, the oldest African-American bank in D.C., held a competition to award $80,000 in grants to five local African-American-owned businesses.

D.C. Adds Nearly 4K Jobs in April

D.C. added 3,800 jobs in April, the city's Department of Employment Services reported Wednesday.

Wal-Mart Expands Jobs Program for D.C.-Area Veterans

Wal-Mart announced Thursday that it is guaranteeing a job offer to any eligible U.S. veteran honorably discharged from active duty since the 2013 launch of its Veterans Welcome Home Commitment, expanding a program made to honor veterans in the D.C. ...

Prince George's County Touts Retail Potential at Business Convention

A top official for the Prince George's County Economic Development Corporation (EDC) who led its business development team this week at an annual convention in Las Vegas said the team's main focus is attracting "quality retail businesses" to the county.

Supreme Court Nixes Md. Income Tax Law

The Supreme Court struck down Monday a Maryland income tax that effectively double-taxed residents for earning income in other states.

Building Development Industry Titans Honored

Hundreds of entrepreneurs and real estate developers celebrated the achievements of their colleagues during an annual awards ceremony in a premier hotel located in the heart of a thriving D.C. neighborhood.

Industrial Bank Makes Dreams Come True

Banks by definition are in the business of making money — primarily through carefully considered loans and investments. But one local bank has expanded its scope of services by doing the unthinkable: giving money away.

Industrial Bank Grants Awards to Small Businesses

Industrial Bank, the oldest and largest black-owned community bank in the metropolitan Washington region, awarded five grants totaling $80,000 on Thursday at the Radio One headquarters in downtown Silver Spring, Maryland.

Jonathan Weaver Appointed Industrial Bank Board Chair

Officials for Industrial Bank, the oldest and largest black-owned community bank in the metropolitan D.C. region, recently announced the appointment of the Rev. Jonathan Weaver as the bank's new board chair and lead officer for its parent company, IBW Financial ...

MGM Diversity Officer Lauds Hiring Record

MGM National Harbor is meeting — and in some cases exceeding — its local and minority participation goals that Prince George's County officials set in a Community Benefits Agreement.

D.C.'s Unemployment Rate Dips to 7.7 Percent: Report

Preliminary job estimates in D.C. for March show a significant increase, according to a report from the city's Department of Employment Services.

Energy Security Critical to Our Community: Don't Let Exelon Monopolize our Electricity

Sustainability is about more than recycling, or turning off lights in an empty room.

Exelon and Pepco: Supporting Sustainability in D.C.

Last year, Exelon and Pepco Holdings Inc. announced an agreement to combine companies to create the leading Mid-Atlantic electric and gas utility. Our proposed merger will bring exciting benefits to families, communities, businesses, and the economy here in the District.

Pepco and Exelon: Enhancing Sustainability in D.C.

Exelon and Pepco Holdings share a commitment to making the right choices when it comes to sustainability, environmental stewardship and efficient energy services for our customers.