WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

McDonald's CEO outlines changes as sales slide
To offer greater customization, he also said the company planned to expand its "Create Your Taste" offering that lets people pick the buns and toppings they want on burgers by tapping a touchscreen. The remarks came after McDonald's said sales at...
Oct 21, 2014 | 6:21 PM
FTC names privacy expert as chief technologist
Soltani was a staff technologist for the FTC in 2010 and 2011, worked for the computer security company Sophos and has written about privacy vulnerabilities in consumer technology products on his own blog. The FTC has shown a growing interest in...
Oct 21, 2014 | 6:21 PM
Daimler sells stake in Tesla for $780 million
Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million. The buyer was not disclosed. The Germany-based parent of Mercedes-Benz says its partnership with Tesla Motors Inc. is unaffected. Tesla made the battery...
Oct 21, 2014 | 6:21 PM
Top mortgage firm accused of abuses
An investigation by the state's Department of Financial Services found that Ocwen Financial Corp. inappropriately backdated foreclosure warnings and letters that rejected mortgage loan modifications, making it nearly impossible for borrowers to...
Oct 21, 2014 | 6:21 PM
Stocks rally; S&P 500 has best day of 2014
Growth worries in Europe and China are still top of mind, and with U.S. corporate earnings season underway, the market's direction could change quickly, traders and strategists said. Since falling to a six-month low last week, the stock market has...
Oct 21, 2014 | 6:21 PM
Jury rules against Texas company in guardrail case
A whistleblower charged that the company changed the design of caps at each end of the guardrails a decade ago that made them more dangerous, then failed to properly test the units or tell government transportation officials about the change for...
Oct 21, 2014 | 6:21 PM
Insurer considers Ebola exclusion in some policies
The Swiss company said Tuesday that it is making the decision on a "case by case" basis for new and renewal policies under its global casualty unit, which offers coverage for U.S.-based companies and organizations that travel or have operations...
Oct 21, 2014 | 6:21 PM
Discover's 3Q net income up nearly 9 percent
(AP) — Discover Financial Services' third-quarter net income increased nearly 9 percent to beat market expectations. The credit card issuer and lender's gains were made on increased credit card spending and overall lending. Credit card loans...
Oct 21, 2014 | 6:21 PM
EU antitrust watchdog eyes DuPont, Honeywell
DOVER, Del. (AP) — The DuPont Co. and Honeywell International may be violating antitrust rules in their cooperative venture to supply the only automotive air-conditioning refrigerant that meets European standards for greenhouse gas emissions,...
Oct 21, 2014 | 6:21 PM
Big slump is no cause to ditch stock market
Worries about a slowdown in global growth drove oil prices and global stock indices sharply lower. Headlines about the spread of Ebola and the deepening conflict with Islamic State fighters in the Middle East also turned investors cautious....
Oct 21, 2014 | 6:21 PM