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News releases from Washington Business Journal

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Filipino fast-food chain Jollibee to open in Landmark-area shopping center
The restaurant claims to be the fastest growing chain in the world. 
Tags Commercial Real Estate Retailing & Restaurants Food & Lifestyle
From Business Journals
MicroStrategy CEO Michael Saylor's Bitcoin gambit has made him a billionaire
The tech CEO and founder has seen the value of his company stock skyrocket in recent months. 
Tickers BITCOMP USD-BITSTAMP USD-COINBASE
Tags MicroStrategy Inc/ bitcoin Tesla Inc/
From Business Journals
Northrop lands $3.6B Air Force contract for airborne communications work
The contract calls on the Falls Church company to provide continued servicing of the Battlefield Airborne Communications Node (BACN) deployed on its Global Hawk fleet. 
Tags Northrop Grumman Corporation Information Technology Technology
From Business Journals
The week in bankruptcies: 2 entities in Greater Washington
For the year, the Washington region has recorded 2 business bankruptcy filings. 
Tags Banking & Financial Services
From Business Journals
My Story: Deandra Coleman
For years, Deandra didn't always realize who she herself was — always felt stuck in the middle. 
Tags Deandra Coleman Media & Marketing
From Business Journals
Will Biden's stimulus plan supercharge IT modernization? Contractors hope so.
The new administration has proposed more than $10 billion in technology modernization and cybersecurity investment to upgrade federal IT systems. 
Tags Cybersecurity Dave Wennergren Technology
From Business Journals
Jared and Ivanka's Kalorama rental coming back to the market
The six-bedroom residence will be available for occupancy next month. 
Tags Jeff Bezos Jared Kushner Residential Real Estate Agencies
From Business Journals
Rotunda Capital Partners just raised more than expected. It's not the only local company with fresh funding.
Rotunda exceeded its original target for its debut institutional private equity round. 
Tickers INNO
Tags Banking & Financial Services Inno John Fruehwirth
From Business Journals
Giant Food expands Landover headquarters, adds 70 jobs
The move was boosted by $500,000 in conditional state and county loans. 
Tags Retailing Commercial Real Estate
From Business Journals
How Charlottesville startup Lumastic sees the ‘unlocking of human potential’
Lumastic co-founders Drew Lytle and Keith Stolte have created a virtual workplace for freelancers, side hustlers and entrepreneurs. 
Tickers INNO
Tags Startups Inno Technology
From Business Journals
Jack London, CACI's executive chairman and longtime former CEO, dies
London was the government contractor's President and CEO for 23 years before stepping aside in 2007. 
Tags CACI International Inc/ Technology J/ Phillip "Jack" London
From Business Journals
Transurban names new president to oversee N. Va. toll lanes and company's massive Md. bid
Jennifer Aument is leaving the company to join AECOM. 
Tags Transurban Aecom Transportation
From Business Journals
D.C. developer Douglas Jemal receives last-minute pardon from President Trump
The president pardoned 73 people and commuted the sentences of 70 more. 
Tags Douglas Jemal Commercial Real Estate
From Business Journals
Security firms step up presence, services ahead of inauguration
Following the Capitol riots, some business owners have requested additional services — and the ability to do a hard lockdown of their buildings. 
Tags Haniel Lynn Government & Regulations MVP Protective Services
From Business Journals
Aledade raises eye-popping $100 million
The local startup said Tuesday it has closed its Series D round with participation from existing and new investors. 
Tickers INNO
Tags Insurance Inno Farzad Mostashari
From Business Journals
Virginia nonprofit launches new fund to support young companies
CIT's Commonwealth Commercialization Fund recently kicked off its first funding round with a plan to disperse $7 million in grants of up to $100,000 in 2021. 
Tickers INNO
Tags Startups Inno Technology
From Business Journals
FEMA rejects Va., Md. requests for emergency declarations as Greater Washington braces for inauguration
The states made the requests in order to help cover costs related to the Jan. 6 Capitol riots and the lead-up to inauguration. 
Tags Coronavirus Government & Regulations
From Business Journals
As D.C. locks down for the inauguration, downtown businesses feel the pain
Strict new security measures are forcing many downtown businesses to shut down. 
Tags Ashok Bajaj Cuba Libre Restaurant & Rum Bar Knightsbridge Restaurant Group
From Business Journals
Viewpoint: Martin Luther King's birthday is a day on, not a day off
A beloved community is not a pipe dream, but it does take hard work, commitment and a resolve to push even more when times are troubled like they are this Monday. 
Tags Philanthropy & Nonprofits
From Business Journals
NCI’s bet on AI pays off with GSA contract
The Reston technology contractor has been positioning itself to be a leader in the federal artificial intelligence market. Demand for its services is building. 
Tags Paul Dillahay Government & Regulations General Services Administration
From Business Journals
From the National Mall to Memorial Bridge, these are the big inauguration closures coming to D.C.
The city is prepping for a more secure inauguration than ever before after the U.S. Capitol riot. 
Tags Local Transit Government & Regulations Muriel Bowser
From Business Journals
'I want to keep the music going': Alexandria company's concerts shut down over permitting issues
The group hosted two concert series but needs a city permit to continue. 
Tags Neeta Helms Travel & Tourism Commercial Real Estate
From Business Journals
Viewpoint: D.C.-area business leaders call for common ground, not more conflict after Capitol riots
We are business leaders dedicated to making democracy work better. As Republicans, Democrats and Independents, we are Americans first. 
Tags Government & Regulations
From Business Journals
Officials contemplate closing National Mall, Virginia bridges on or before inauguration
Security measures continue to heighten around Greater Washington. 
Tags Jeff Marootian Coronavirus Government & Regulations
From Business Journals
Metro to shut down 13 stations, most in downtown D.C., as heightened inauguration security ramps up
The stations will begin closing Friday. 
Tags Transportation Logistics & Transportation Government & Regulations
From Business Journals
Choice Hotels adds 22 casino resorts to its network through Penn National deal
The deal will add 22 hotels to Choice’s Ascend collection. 
Tags Travel & Tourism Travel
From Business Journals
Hotel workers union calls for hotels to close until after inauguration. D.C. hasn't mandated a shutdown.
Officials probably won't move to shut down D.C. hotels over safety concerns, though they haven't completely ruled out the possibility. 
Tags Marriott International Inc/ Travel & Tourism Muriel Bowser
From Business Journals
How a startup is using blockchain to accelerate the healthcare credentialing process
Together with fellow physician Keel Coleman, Lennox McNeary founded ArchiveCore, credentialing software that uses distributed ledger, or blockchain, technology to manage and verify primary source... 
Tickers INNO
Tags Inno Technology Startups
From Business Journals
WAMU flagship 'The Kojo Nnamdi Show' will go off the air in 2021
The show has run on Greater Washington's NPR affiliate for 23 years. 
Tags Media & Marketing Kojo Nnamdi
From Business Journals
Owner closes Marriott Wardman Park amid new bankruptcy filing
The company plans to sell the storied hotel as part of the process. 
Tags Career & Workplace John Boardman Commercial Real Estate
From Business Journals
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