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Grant program helps lure new business to downtown DC
A grant program is helping bring downtown D.C. back to life by luring new business. The first Vitality Grant was awarded in Jan. 2023. Since the program launched, $2.06 million has been given to six companies, resulting in 813 jobs and 143,475 square feet of leased office space. Travis Rush, CEO of association management firm Kellen, said the proximity to…
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Grant program attracts new businesses to downtown DC
A grant program is helping D.C. attract new business as downtown D.C. recovers. News4’s Mark Segraves reports.
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Meet the woman who created the hair product Chappell Roan uses for her curls
Julissa Prado is the co-founder of Rizos Curls, a hair care line that began out of her frustration with the lack of clean products for curly, te hair.
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Big Lots files for Chapter 11 bankruptcy
Big Lots filed for Chapter 11 bankruptcy protection on Monday, and plans to sell to a private equity firm.
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Tommy Tries It: How the pros at Mac's Tire Service keep DC rolling
“There’s a lot of tire carrying in this job.” In this new edition of Tommy Tries It, News4’s Tommy McFly goes to Mac’s Tire Service in Northeast D.C. to see how the family-owned business has kept D.C. moving since 1981.
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Why don't more politicians retire? How the US could benefit from a mandatory retirement age
A medical anthropologist explains the pros of mandatory retirement as many continue to work passed the point where they are eligible for full retirement benefits and Social Security payments.
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Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity
Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity.
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Costco will begin scanning customer membership cards upon entering store. What to know
Next time you shop at Costco, don’t be surprised if you’re asked to scan your membership card rather than showing it to the employee at the entrance.
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Google loses massive antitrust case over its search dominance in ruling that could change the internet
A judge on Monday ruled that Google’s ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the world’s best-known companies.
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17-year-old student won $10,000 and used it to fund her Amazon side hustle — now it brings in $71,000 a month
Bella Lin’s side hustle GuineaLoft sells cages and small pet accessories on Amazon. Here’s how she doubled her sales.
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FTC launches probe into ‘surveillance pricing' that it says links cost to customer data
The agency is seeking more information about how AI is used to change pricing rapidly based on data about customer behavior and characteristics.
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Walmart revamps its young adult clothing line in pursuit of fashion credibility
The retooling of the No Boundaries label is part of a strategy to get customers to think of Walmart as a place to buy cool clothes.
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Costco hikes membership fee for the first time since 2017
Costco will hike its annual membership fees by $5 in the U.S. and Canada starting Sept. 1.
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Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
The deal will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus’ namesake department store chain and Bergdorf Goodman.
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Walgreens to take a hard look at underperforming stores, could shutter hundreds more
Walgreens is finalizing a plan to fix its U.S. business that could result in closing hundreds of additional stores over the next three years.
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Mallrats rejoice: Limited Too teases a comeback next month
Limited Too, the tween retailer spun off from the adult edition The Limited, is making a comeback next month. A social media account for the brand confirmed in an Instagram post that its relaunching in July, thought it’s not clear whether the brand will be opening its own brick-and-mortar stores or an e-commerce site. “Here to tell you this...
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String of smash-and-grab car robberies at Largo Plaza troubles local business owners
A series of smash-and-grab robberies have been disturbing shoppers and businesses at Largo Plaza in Maryland. Cars have been broken into consistently at the shopping center, driving away customers from local businesses like those in Phenix Salon Suites. “In the daytime, for some reason now, it’s bad,” Renaldo Williams, the owner of The Grooming Lounge, said. “You gotta keep...
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String of smash-and-grab robberies at Largo Plaza
Prince George’s County business owners are outraged after a string of smash-and-grabs at a local shopping center. They say thieves are targeting cars in the parking lot.
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Constance Marie shares the biggest business lesson she's learned as an actress
“I’ve learned that Hollywood is missing out on billions of dollars by not marketing to the Latino community,” actress Constance Marie said.
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How private equity rolled Red Lobster
After Red Lobster filed for bankruptcy, some analysts say the root of its woes was not the endless shrimp promotions but a financing technique favored by a powerful force in the financial industry known as private equity.