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Northrop cuts jobs in Newport News
July 30, 2010
Northrop Grumman Corp. — which warned in April that 330 jobs were at risk at Fort Eustis in Newport News, Va., as the company competed for a contract renewal — said will cut 173 jobs there even though it got the renewal. (NOC)
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Bids sought for bank-owned Georgetown property
July 30, 2010
A 10,000-square-foot residential condominium project hit hard by the recession is expected to have a new owner soon. Bids are due Friday for the bank-owned property in upper Georgetown at 2136 Wisconsin Ave. NW.
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Howard University Hospital to cut jobs
July 30, 2010
Howard University Hospital is laying off an unknown number of workers as part of major restructuring plan, its chief executive confirmed to the Washington Business Journal on Friday.
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Allbritton’s Ryan to chair Ronald Reagan Commission
July 30, 2010
Allbritton Communications Co. President and Chief Operating Officer Fred Ryan has been elected chairman of the Ronald Reagan Centennial Commission and will lead the commission’s 12 members in developing plans to mark the 100th birthday of the Ronald Reagan.
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Airfares down at National, up at Dulles, BWI
July 30, 2010
Average airfares are down at one Washington-area airport compared with a year ago, but up at two others.
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Washington among most irritating cities
July 30, 2010
Edge Shave Gel, which deals with irritation of the shaving kind, is out with a list of cities it calls the nation’s most irritating, and Washington is near the top.
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Orbital wins $125M NASA contract
July 30, 2010
Dulles-based Orbital Sciences Corp. will continue its work with NASA’s small rockets program as prime contractor on a $125 million, five-year contract. (ORB)
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Marriott opens Bogota hotel
July 30, 2010
Bethesda-based Marriott International Inc. continues its planned international expansion, opening its first JW Marriott hotel in Bogota, Colombia. (MAR)
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CapitalSource returns to profitability
July 30, 2010
Chevy Chase-based business lender CapitalSource Inc. swung to profits last quarter after a significant decline in loan loss provisions. (CSE)