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FDIC files counterclaim against Capital One in special assessment case
This week the Federal Deposit Insurance Corp. filed a counterclaim against McLean-based bank Capital One, National Association, which is suing the FDIC for its 2023 special assessment of $474 million against the bank.
Harris Teeter to lay off 91 Fairfax County employees
Harris Teeter will permanently close a fulfillment center in Fairfax County on Feb. 1, 2026, laying off 91 employees.
California business acquires Falls Church wealth management firm
Beacon Pointe Advisors has acquired Falls Church-based Hemington Wealth Management, adding $1.2B in assets.
Reston fintech startup closes $400M financing round
Quantum Lending Solutions has closed a $400 million financing round, the Reston-based financial tech startup announced Tuesday.
Bogart Wealth announces new COO
McLean-based Bogart Wealth has appointed Allen Eickelberg as its chief operating officer.
Paratransit provider to lay off 61 workers in Springfield
Diamond Transportation Services will lay off 61 Springfield workers after WMATA reduced the number of bus routes the company managed.
Amazon buys 189 acres in Prince William tech park for $700M
Amazon Data Services has bought approximately 188.5 acres in Prince William County for a whopping $700 million.
Amazon closing Sterling facility, affecting 247 workers
Amazon.com plans to shut down a fulfillment center in Sterling at the end of January, but workers will have transfer opportunities.
NSF to remain in Alexandria, but in a smaller building
The National Science Foundation new headquarters will be located in Alexandria on the same campus as the U.S. Patent and Trademark Office
Booz Allen Hamilton to relocate global HQ to Reston
Booz Allen Hamilton announced Monday that it is relocating its global headquarters from McLean to a newly constructed facility in Reston.
SAIC shakes up leadership further after CEO’s departure
Reston-based Fortune 500 federal contractor Science Applications International Corp. (SAIC) is consolidating its five business groups into three, and three of its executives are leaving.
Amentum wins $995M Air Force contract
Amentum has been awarded a contract of up to $995 million by the Air Force to modernize the unmanned MQ-9 Reaper aerial system.
