After six months of dealmaking, House Democratic leaders introduced a health-care reform bill Thursday that would expand coverage to almost all Americans and overhaul the insurance industry while asking the wealthiest taxpayers to pay much of the tab.
Nearly half the members of a powerful House subcommittee in control of Pentagon spending are under scrutiny by ethics investigators in Congress, who have trained their lens on the relationships between seven panel members and an influential lobbying firm founded by a former Capitol Hill aide.
Radio One posted its second consecutive profitable quarter Thursday, sending the broadcaster's shares up sharply and signaling a possible turnaround in the local media business.
Officials at the Washington-based Hogan & Hartson law firm and London-based Lovells said Thursday that they are discussing a possible merger, a move that would make the combined entity one of the largest law firms in the world, with 2,500 lawyers and 40 offices.
Once upon a time, there was a magical kingdom whose capital markets were ruled by two firms known as Goldman and Morgan. Each firm earned $1 billion a year in trading profits. By custom, 25 percent of these profits were shared with the employees, according to their needs and talents. The markets...
LONDON -- The dramatic decline of the U.S. dollar is aiding the American economic recovery but setting off alarm bells overseas, with corporate executives, politicians and pundits calling it among the biggest threats to the rebounds underway in Europe and Japan.
A House panel on Wednesday voted to tighten controls on credit-rating firms in response to complaints that the firms misjudged the risks of many of the mortgage-related securities that sank financial markets last year.
General Motors chief executive Fritz Henderson was in Washington on Wednesday visiting with the company's major shareholder -- that is to say, the U.S. government.
Treasury Secretary Timothy F. Geithner on Thursday urged skeptical lawmakers to give the government broad new powers to wind down large financial firms, allowing them to fail in a way that would not pose serious risks to the economy.
The Department of Homeland Security's U.S. Computer Emergency Readiness Team (US-CERT) is warning BlackBerry users about a spyware program that allows attackers to turn a target's handset into a microphone that can be accessed remotely.
The unemployment rate in the Washington region rose to 6.2 percent in September from 6.0 percent the month before, according to government data released Wednesday, even as area recruiters report that for the first time this year they're seeing growing interest in hiring by some employers.
Kenneth R. Feinberg, the Obama administration's "pay czar," said Wednesday that renegotiating bonuses guaranteed to executives at American International Group will be a "top priority" as he reviews pay packages for 2010, setting the stage for a potential showdown between the federal government an...
