2015년 1월 12일 월요일

Breaking from the mold, moving beyond the Beltway [CapBiz A.M.]

The Washington Post
CapBiz A.M.
Your first source for understanding business in greater Washington  •  Mon., Jan. 12, 2015
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Breaking from the mold, moving beyond the Beltway
Welcome to CapBiz A.M., your morning primer on business news with a focus on Washington.

Moving up and out: Unlike many of the area’s real estate giants, the District’s MRP Realty is looking to expand its millennial-fueled apartment empire to Philadelphia. And that’s only the beginning. (CAPBIZ)

Moving out: Back in 2009, when executives at restaurant chain Boloco were looking to expand out of Boston, they zeroed in what appeared to be a fail-safe market: Washington. It hasn’t turned out that way. (CAPBIZ)
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In the clouds: NASA will this year kick off five global projects designed to study how the earth’s atmosphere influences climate change, and they’ll be doing it with help from some Virginia companies. (CAPBIZ)

Visa assistance: FileRight, a three-year-old technology company based in San Francisco, is vying to become the next TurboTax — but for filing immigration paperwork. (CAPBIZ)

Giving by lending: Lending programs run by faith-based organizations across the country are shifting the way churches approach charity, offering parishioners an alternative to commercial lending agencies. (WP)

Rough terrain ahead: As fourth-quarter earnings season gets under way, investors are bracing for the softest U.S. profit growth in years, pinched by collapsing oil prices and a strong dollar. (WSJ)

Pumping the brakes: The Supreme Court could put the brakes on the Obama administration’s growing crackdown against companies facing claims of discrimination against protected groups. (AP)

Hiring like it’s 1999: After the economy added 252,000 jobs in December and 50,000 more in revisions to previous months, 2014 was the best calendar year for job growth since 1999. (WP)

What gives? Month after month, hiring figures keep rising and unemployment keeps falling. Eventually, pay and inflation are supposed to start surging in response – but that’s not happening. (AP)

On Wall Street
Stocks slid back on Friday, pushing major indices back into negative territory for the year after some mixed messages from the December jobs report. (Get the latest updates here)

What’s on tap today
Atlanta Federal Reserve’s Dennis Lockhart speaks (12:40 p.m.)

Help: The eight traits you should look for in a new hire (KS)

Follow: MRP Realty

Extra: Stop telling kids what to read. (WP)

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