Tuesday, October 30, 2012

Your 12 hourly digest for Business News, Financial News, Business Headlines & Analysis - The Washington Post

Business News, Financial News, Business Headlines & Analysis - The Washington Post
The source for business news and analysis. Covering economic policy, business policy, financial news, economic issues, stock market data, local business, technology and more.
Studies: Casinos bring jobs, but also crime, bankruptcy, and even suicide
Oct 30th 2012, 11:01

While the presidential race is taking up much of the oxygen this cycle, many states have important ballot initiatives on the ballot next Tuesday as well.

Maryland is considering a proposal that would allow table games at the state's five casinos, as well as approve the creation of a sixth in Prince George's County, near DC. The proposal is touted as a way to fund education — for which the funds it generates will be earmarked — and, ironically, the opposition to it is mainly funded by owners of rival casinos. But economic research concerning casinos suggest that members of communities with casinos should be wary.

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Sandy amps up the anxiety of homebuying
Oct 30th 2012, 10:30

Hurricane Sandy had barely begun its assault on the Washington region Monday, but already it was causing plenty of headaches for real estate agent Jane Fairweather.

"I'm kind of a wreck," the Bethesda-based agent said, in between juggling calls from anxious sellers and worried buyers. "We just did 20 deals this month, and at least half are in some stage of a home inspection. There's any number of deals that are sitting out there that could crash and burn. So yeah, we're worried."

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Google officially announces Nexus 4, Nexus 7 and Nexus 10
Oct 29th 2012, 18:33

Google, after canceling a Manhattan launch event, announced in a blog post that it will release three more gadgets before the holidays — two tablets and a new smartphone — in its Nexus line.

"Today, we're excited to announce three great new Nexus devices … in small, medium and large," wrote Andy Rubin, Google's head of mobile and digital content. All three devices will run an updated version of Android, Android 4.2.

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