Archive for the ‘News’ Category

Convention Center Hotel Construction is Set to Begin

The Washington Convention and Sports Authority is expected to release funds soon to start prepping the grounds for the $537 million Marriott Marquis hotel, which will be adjacent to the Walter E. Washington Convention Center in Washington, D.C., according to the Washington Business Journal. The JBG Cos., Chevy Chase, Md., and Marriott, Bethesda, Md., have reached a deal to move forward

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Maryland Expected to Save Significantly with National Health Care Reform

National health care reform is expected to save Maryland $829 million during the next decade and provide health insurance coverage for nearly 350,000 people, according to The Baltimore Sun. This would reduce the number of uninsured individuals in Maryland by half. About 14 percent of Maryland residents—or 700,000 people—currently are uninsured. That number is expected to drop to about 6.7 percent

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Unemployment Rates Fall in Maryland, Virginia

Unemployment rates in Maryland and Virginia dropped in June as employers added workers to their payrolls, according to the Washington Business Journal. Maryland’s jobless rate fell from 7.2 percent in May to 7.1 percent in June, and Virginia’s jobless rate fell from 7.1 percent to 7 percent. Maryland’s unemployment rate has dropped for four consecutive months, and Virginia’s rate has dropped

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D.C. Bill Would Reward Businesses for Doing Good Things

Washington, D.C. Councilman Michael Brown (I-At large) has drafted a bill that rewards businesses in the district for showing they are “good corporate citizens” by hiring D.C. workers, implementing employee wellness programs and exceeding green building standards, among other things, according to theWashington Business Journal. Under the legislation, these businesses would be eligible for up to $10,000 in tax credits.

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