Category: Business & Finance

Business & Finance

3 local nonprofits receive total of $10 million from Jeff Bezos’ fund

WASHINGTON — Amazon’s HQ2 isn’t the only investment Jeff Bezos is making in the D.C. area this year. On Nov. 20, Bezos’ Day 1 Families Fund announced it is donating a total of $10 million in grant money to three local nonprofits, including District Alliance for Safe Housing (DASH), Community of Hope and Northern Virginia […]

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Georgetown’s J. Paul’s is closing after four decades

WASHINGTON — One of Georgetown’s longest-running restaurants is calling it quits. J. Paul’s, which has occupied its dark-paneled, two story home at 3218 M Street since 1983, announced on Instagram it would close for good at the end of the year. J. Paul’s did not say why it was closing, but posted this message on Instagram: […]

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PHOTOS: Historic Capitol Hill church becomes multimillion-dollar condos

WASHINGTON — A historic landmark church in Capitol Hill’s Stanton Park has been converted into six multistory luxury condos, all with unique original details, called The Bell Tower at Stanton Park.  The church at 609 Maryland Avenue, N.E. built in 1891 and 1892, was originally the Eastern Presbyterian Church. It was designed by renowned architect […]

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Alexandria leaders see Amazon HQ2 as economic boom, not traffic nightmare

WASHINGTON — Alexandria city leaders are promising that Amazon’s move to Crystal City and Virginia Tech’s plan to build a high-tech campus in Alexandria will produce an economic boom, not a traffic nightmare. “We are focusing on ways to keep people moving in lots of different ways to get people around and we know we’re […]

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Facebook Is Suggesting Questionable Comment Prompts On Live Videos About Shootings And Sexual Assaults

Facebook appears to be testing a new tool that prompts users to comment on live video streams — including those involving sensitive situations like shootings and sexual assault — using suggested text and emojis. On Monday, a handful of Facebook users noticed that the social media platform was offering them preset responses for live videos […]

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Georgetown, Adams Morgan gear up for Small Business Saturday

WASHINGTON — Nov. 24 is the annual Small Business Saturday, a nationwide promotion to encourage shopping at small, independent and locally-owned businesses. The District has plenty of those. Some of the biggest concentrations of locally-owned businesses — many of them that have been around for decades — are in Georgetown and Adams Morgan. “Georgetown has […]

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After 17 years, 1 flood, 2 Amys still pleases pizza lovers

WASHINGTON — Peter Pastan can never quite recall the exact date in September, 2001 he opened his Northwest D.C. pizzeria 2 Amys. But there is one date he will always remember: July 8, 2018. “There’s kind of a rule in the restaurant business that you never answer your phone on a Sunday morning because it’s […]

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In DC, median home price now tops $600,000

WASHINGTON — The median price of a house or condo that sold in the District in October was $602,250, up 9.5 percent from a year ago and the highest October level on record in D.C. The Greater Capital Area Association of Realtors also notes fewer sales. The 742 closed residential sales in D.C. in October fell […]

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