NEWS FEED

The Washington Post Sunday - - TAKING STOCK -

Mak­ing a deal: Los An­ge­les-based B. Ri­ley Fi­nan­cial has agreed to ac­quire the Arlington, Va., in­vest­ment bank­ing and brokerage firm FBR & Co in a stock trans­ac­tion val­ued at $160.1 mil­lion.

Get­ting smarter: North­ern Vir­ginia’s Cen­ter for In­no­va­tive Tech­nol­ogy said it has part­nered with the busi­ness men­tor­ing group Smart City Works to launch a new ac­cel­er­a­tor fo­cused on young com­pa­nies aimed at driv­ing new in­no­va­tions in ur­ban in­fra­struc­ture. The part­ner­ship will be called Smart City Works @ Hern­don.

Com­ing soon: Freshly, a health­con­scious food-de­liv­ery ser­vice head­quar­tered in New York City, is open­ing a meal dis­tri­bu­tion cen­ter in Sav­age, Md., and plans to add 500 jobs by the end of 2018. The com­pany, which said it plans to in­vest $8 mil­lion for ma­chin­ery and equip­ment, re­ceived a $1 mil­lion con­di­tional loan from the state.

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