Geeknet makes Fairfax official headquarters Geeknet Inc., the 15-year-old network of online technology news sites, is officially making Fairfax its corporate headquarters.
The Mountain View, Calif., company has Fairfax offices on Waples Mill Road.
In addition to ThinkGeek, the company’s popular Web properties include Slashdot and Geek.com.
Geeknet had $14.7 million in third-quarter revenue, up from $10.8 million a year ago. It posted a quarterly loss of $3.9 million, down from a net loss of $4.5 million a year earlier.
Jefferson Apartment Group, Perseus Realty spark redevelopment
The Jefferson Apartment Group and Perseus Realty LLC formed a partnership to kick-start the long-stalled redevelopment of the Anthony Bowen YMCA site at 14th and W streets Northwest.
The mixed-use project, called 14W, is expected to be complete in late 2012.
It will include 231 apartments, 12,000 square feet of retail space and a new 40,000-square-foot YMCA with a 25-meter pool. Eight percent of its residential units will be rented at below-market rates.
D.C. jobless claims rising
The Labor Department on Wednesday reported a larger-than-expected drop in the number of first-time jobless claims last week, but a lagging report shows that unemployment lines are longer in the District.
Nationwide, first-time jobless claims fell by 34,000 to 407,000 in the week ending Nov. 20, the lowest level since July 2008. The total number of Americans receiving unemployment benefits also fell to a two-year low.
Labor Department data from the week ending Nov. 13 show first-time jobless claims in D.C. rose by 0.4 percent last week and the number of District residents receiving continuing unemployment claims is up 5 percent from a year ago. D.C.’s jobless rate remains higher than the national average, at 9.7 percent.
First-time claims in Virginia fell 1.4 percent last week. First-time claims were down 0.7 percent in Maryland.
In Maryland, 63,800 people are receiving unemployment benefits, down 4.2 percent from a year ago.
