News

Morning Notes

Under-construction parking garage rises above the busy Costco parking lot

Oracle Acquiring OpowerUpdated at 9:55 a.m. — Technology giant Oracle is acquiring Arlington-based Opower in a $548 million cash deal. Opower recently went through a round of layoffs. [Reuters, Oracle]

Clarendon Z-Burger to Get New Name — The Z-Burger location in Clarendon will be rebranded soon as part of a legal settlement between the founder and the former partners in the business. [Washington Business Journal]

Arlington Unemployment Remains Lowest in Va. — Arlington’s unemployment rate ticked up by a tenth of a percent in March, but remained the lowest in Virginia. The county’s unemployment rate is currently 2.7 percent, with just under 4,000 residents looking for work while 142,000 are employed. [InsideNova]

Foggy Morning Commute — Arlington and much of the region was under a Dense Fog Advisory this morning. [Weather Channel]