Wednesday morning, Google notified manufacturers of GPS navigation units that their services would no longer be needed. It didn't say so explicitly -- the news came in a corporate blog post about an improved Google Maps smartphone program offering turn-by-turn directions -- but the company didn't...
Hundreds of small-town bankers had converged on Washington for their annual conference five months ago when Treasury Secretary Timothy F. Geithner, addressing them in the chandeliered ballroom of the Grand Hyatt, gave notice that the financial industry was about to change.
Reports to be released Friday on the government Web site Recovery.gov are expected to show that the $150 billion in grants and loans made so far under the economic stimulus package have created or saved about 650,000 jobs, White House officials said Friday morning.
Third-quarter profit at The Washington Post Co. rose 69 percent compared with the same period last year, as the flagship newspaper trimmed losses and the company's education and cable businesses kept growing.
The White House on Friday embraced reports showing that the $159 billion in grants and loans made so far under the economic stimulus package has created or saved about 640,000 jobs, even as Republicans and government watchdogs questioned the reliability of the figures.
House leaders on Friday called for an "immediate and comprehensive assessment" of congressional cybersecurity policies, a day after an embarrassing data breach that led to the disclosure of details of confidential ethics investigations.
Rep. Gary Miller (R-Calif.) has been accused by congressional watchdogs of including a provision in the 2005 transportation bill that helped a real estate company with which he had a financial relationship.
Bernard L. Madoff, the confessed swindler who pulled off the largest Ponzi scheme in history, often escaping the eye of federal regulators, expressed shock to the watchdog of the Securities and Exchange Commission that the agency's staff didn't discover his fraud on multiple occasions.
REGULATORS The Occupational Safety and Health Administration imposed a record $87 million fine against oil giant BP for not correcting safety hazards after a 2005 explosion killed 15 workers at its Texas City refinery.
Regulators appointed by Maryland Gov. Martin O'Malley announced Friday that they have offered conditional approval to let Constellation Energy Group sell nearly half its nuclear assets, including those in Calvert County, to French energy giant EDF in a move designed to lead to construction of the...
Third-quarter profit at The Washington Post Co. rose 68 percent compared with the same period last year, as the flagship newspaper trimmed losses and the company's education and cable businesses kept growing.
EARNINGS Health insurer Amerigroup said its profit sank in the third quarter because of higher medical costs associated with the swine flu. Amerigroup said third-quarter profit fell 41 percent compared with a year earlier, to $22.5 million (43 cents per share). Revenue rose 15 percent, to $1.3...
