WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

US stock market has best week in nearly 2 years
NEW YORK (AP) — The stock market closed out its best week in nearly two years on a positive note Friday, helped by strong quarterly earnings from Microsoft and other big U.S. companies. After weeks of speculation over the fate of Europe's economy,...
Oct 24, 2014 | 4:24 PM
Out-of-patience investors sell off Amazon
NEW YORK (AP) — Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand strategy flooded into the...
Oct 24, 2014 | 4:24 PM
What you need to know about massive air bag recall
DETROIT (AP) — U.S. investigators, automakers and a parts supply company are trying to figure out why some automobile air bags inflate with too much force, blowing apart metal canisters and sending shards flying at drivers and passengers. [...]...
Oct 24, 2014 | 4:24 PM
How the Dow Jones industrial average fared Friday
The stock market closed out its best week in nearly two years on a positive note Friday, helped by strong quarterly earnings from Microsoft and other big U.S. companies. Investors were able to set aside dismal third-quarter results from Amazon....
Oct 24, 2014 | 4:24 PM
Manufacturer halts sales of highway guardrails
DALLAS (AP) — A Texas company is stopping shipments of a common highway-guardrail system and conducting more crash tests after it lost a $175 million jury verdict. On Friday, the president of the company's highway-productions division, Gregg...
Oct 24, 2014 | 4:24 PM
Recalls this week: Arctic Cat all-terrain vehicles
Specifically, all model year 2008 Arctic Cat ATVs with 400 cubic centimeter and larger engines are being recalled. The engine size is printed on the back of the instrument cluster between the handle bars. The vehicle identification number in the...
Oct 24, 2014 | 4:24 PM
Figures on government spending and debt
WASHINGTON (AP) — Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. Total public debt subject to limit Oct 2317,857,137Statutory debt limitsuspendedTotal public debt...
Oct 24, 2014 | 4:24 PM
Ford and Amazon are big market movers
The automaker reported a drop in quarterly profit, mainly on costs associated with launching its new F-150 pickup truck. The consumer products company matched Wall Street's profit expectations and said it will make Duracell a stand-alone company....
Oct 24, 2014 | 4:24 PM
UPS expects double-digit surge in Dec shipments
DALLAS (AP) — UPS might levy surcharges or even turn away some holiday shipments this year if retailers surprise the delivery giant by dropping off more packages than they had planned. Atlanta-based UPS offered the forecast while reporting that...
Oct 24, 2014 | 4:24 PM
Canada loses bid to make Ford engines to Mexico
Jake Enwright, a spokesman for Canadian Industry Minister James Moore, said Ford recently made an "unprecedented request" but gave no details. "The auto industries that are flourishing around the world are ones where there is a deep commitment from...
Oct 24, 2014 | 4:24 PM