Friday, November 23, 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.
Government seed grants encourage innovation on global health problems
Nov 24th 2012, 00:36

What if pregnant women in poor, remote regions of Pakistan could be fitted with wrist bands that monitor their vital signs and send an electronic alert to a doctor at the first sign of trouble?

Would impoverished farmers in Kenya be more diligent about getting their children vaccinated if they were given a bar-coded card redeemable for seeds and fertilizer each time they bring their child in for a scheduled shot?

Read full article >>

Sales are back at J.C. Penney
Nov 23rd 2012, 23:57

In January, J.C. Penney made a radical announcement: No more sales.

Eleven months later, in an effort to lure Black Friday shoppers, the beleaguered company held its first sale of the year.

"It is very much in jeopardy," Brian Sozzi, an analyst at NBG Productions, said of the company. "I'll be honest — I don't see almost any chance of them having a good holiday season. It's just about surviving the holidays."

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New Facebook policy conflicts with European law, concerns privacy advocates
Nov 23rd 2012, 21:34

Parts of Facebook's proposed new privacy policy conflict with European law, a key regulator said Friday as he moved to give users in the European Union more power to block the sharing of their data with the company's affiliates such as Instagram.

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Some Last Words
Nov 23rd 2012, 18:18

I hosted the "Last Word" on Wednesday night. A few segments that were particularly Wonkbloggy in nature:

1) On the Affordable Care Act's inevitability, Speaker John Boehner's amusing op-ed on the GOP's plan to repeal it, and Enroll America's campaign to get the plan to cover as many as 40 million people. Ron Pollack, president of Families USA and chairman of Enroll America, joins me:

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Surprise! The abortion rate just hit an all-time low.
Nov 23rd 2012, 17:53

After years of holding steady, new Center for Disease Control data shows that the United States abortion rate has fallen to an all-time low. It dropped 5 percent between 2008 and 2009, the most recent years for which data is available, the largest decline in the past decade.

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The demise of coal-fired power plants
Nov 23rd 2012, 16:13

Peter Furniss, the fair-haired chief executive of Footprint Power, gives a tour of the aging coal and oil plant that towers over sailboats in this historic harbor.

The Ivy League-educated lawyer, clad in unsoiled work boots and a pinstripe jacket, circles a mound of coal and walks inside a rusting oil storage tank. He gingerly steps into a tunnel where a conveyer belt carries coal into the plant's furnaces.

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As car sales boom, automakers get smarter about incentives
Nov 23rd 2012, 16:08

Auto sales have been one of the major bright spots in the U.S. economy all year. But here's the surprising part: Sales have remained strong even as car companies have been spending less and less on rebates and other incentives to pique consumer interest.

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Is the austerity crisis beginning?
Nov 23rd 2012, 15:55

Throughout the fall, there's been a pretty big disconnect between businesses and consumers on the looming tax hikes and spending cuts. Business leaders have been generally fretful, some more vocally than others, and business investment has been dragging. Consumers, on the other hand, have been more optimistic about the economic outlook, with consumer confidence and retail sales looking up.

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Black Friday is a bunch of meaningless hype, in one chart
Nov 23rd 2012, 14:58

Don we now our oversized sweatpants! Let us cast aside our post-poultry haze, overcome the fact that we are stuffed with stuffing, and head to the mall! On Wal-Mart, on Target, on Best Buy and Macy's! Cheap TVs and iPhones and please pass the gravy!

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