Sunday, December 2, 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.
'Fiscal cliff' talks at a stalemate over tax hikes
Dec 3rd 2012, 00:51

As the White House and Republican leaders enter the final month of negotiations to avoid a year-end "fiscal cliff," both sides struck an uncompromising tone Sunday, as warnings mounted that they will be unable to forge an agreement to stop an automatic series of deep spending cuts and large tax hikes that could push the economy into recession.

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Following program cancellation, military starting new presidential helicopter effort
Dec 2nd 2012, 23:15

As Congress and the president wrangle over impending budget cuts, the Pentagon is reviving its effort to purchase a new presidential helicopter fleet, a high-profile initiative that was canceled in 2009.

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AvalonBay strengthens its hand as the region's apartment market booms
Dec 2nd 2012, 22:38

Last week's sale of Archstone, one of the country's largest builders and managers of apartments, puts more than 22,000 units newly in the hands of Arlington-based AvalonBay Communities in the midst of a booming Washington apartment market.

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On a mission to show the drama of science
Dec 2nd 2012, 22:22

For most of my career I've been trying to combine two elements in television that seem to be at odds — excellent programs about science and ratings. It's conventional wisdom that those two can never meet in the middle.

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D.C. area bankruptcy filing for Dec. 3
Dec 2nd 2012, 22:15

This firm recently filed with the U.S. Bankruptcy Court's local court clerk's offices.

In a Chapter 7 liquidation, a court trustee sells assets to pay creditors' claims. The company then ceases operations.

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D.C. area appointments and promotions
Dec 2nd 2012, 22:14

Canvas of Reston appointed Christina Croll chief marketing officer.

CliftonLarsonAllen of Arlington appointed Marion Hecht partner in the forensic and valuation services practice.

Cloudburst Group of Landover appointed Vladimir Knezevic director of its Center for Public Health.

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Boehner: GOP willing to raise $800 billion in tax revenue
Dec 2nd 2012, 19:54

Both House Speaker John Boehner and Treasury Secretary Timothy Geithner dug in their heels on the fiscal cliff debate during appearances on the Sunday talk shows. Boehner blasted the White House proposal as not serious and declared the negotiations to be going "nowhere," while Geithner said the administration would refuse to budge unless Republicans gave in on higher taxes for the wealthiest Americans.

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The Republican Party's rebranding problem: Rich guys
Dec 2nd 2012, 19:21

Poli-Sci Perspective is a weekly Wonkblog feature in which Georgetown University's Dan Hopkins and George Washington University's Danny Hayes and John Sides offer an empirical perspective on the issues dominating Washington. In this edition, Sides summarizes research showing that the branding problem for the GOP is that the Republican Party is now, and long has been, associated with the interest of the rich -- and those long-entrenched views are hard to change.

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Good news! Science says the holidays won't make you fat
Dec 2nd 2012, 14:00

Along with the slew of holiday parties about to kick off come the inevitable complaints of holiday weight gain. Is it possible to make it through the stretch from Thanksgiving to Christmas, between the cookies and eggnog, without packing on some serious pounds?

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