Saturday, December 22, 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.
TechBits: Carezone helps caretakers manage medical paperwork and instructions
Dec 22nd 2012, 23:58

Being a caretaker can be a taxing responsibility. Simply managing medical paperwork and instructions can be a job in and of itself. Carezone, a social network and management app that records prescription notes, important contacts and other notes, steps up to the plate. The network also lets users add, privately, the contact information for friends and family members in order to provide written and verbal messages for health updates or other information quickly to a group of people. Free, for iOS devices.

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TechBits: Frustrated with Instagram? Try out Flickr's new app
Dec 22nd 2012, 23:55

Yahoo has taken a leaf out of Instagram's book with its new Flickr app, which lets users display and share pictures and take interesting snaps as well. The app comes with filter settings that let people apply different effects to their phone snaps to make them appear aged or otherwise altered. The app also presents photos from the site in a clean, intuitive way. Free, for iOS, Windows Phone 7 and Android devices.

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How free online returns can spark shopper loyalty
Dec 22nd 2012, 23:29

The big idea: Many online retailers view product returns as an unwieldy cost that drains margins, and several are asking customers to absorb return shipping costs. But consider the upside of free returns: enhanced customer loyalty that could spark more purchases.

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This New Year's, find your financial resolve
Dec 22nd 2012, 23:17

It's that time again.

Time to make resolutions that in years past you've probably broken before Valentine's Day. In its annual New Year's resolution survey, Allianz Life Insurance found that exercise or diet, better money management, spending more time with friends or relatives, volunteering and getting rid of bad habits are among the top promises that people make.

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Steven Pearlstein signs off of weekly column
Dec 22nd 2012, 23:04

At a party recently, somebody I know came up to tell me he was enjoying my columns more than ever. I thanked this fellow and, hoping to bask a few moments longer in his praise, I asked why.

"They're more opinionated," he explained.

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Carlyle Group, Sunoco and politicians' joint venture to rescue Philadelphia refinery
Dec 22nd 2012, 21:19

Phil Rinaldi looked out the window of a company car at the sprawling oil refinery that straddles the Schuykill River. The property covers an area nearly twice the size of New York City's Central Park, and it is home to clusters of pipes, processing towers and storage tanks along with big stretches of empty dirt.

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Obama's "small deal" could lead to bigger tax increases
Dec 22nd 2012, 17:39

The juiciest passage in the Wall Street Journal's behind-the-scenes report on the fiscal cliff negotiations comes when House Speaker John A. Boehner (R-Ohio) asks President Obama whether he can have the deal he rejected in 2011. "You missed your opportunity on that," the president replies.

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The Wonkblog guide to holiday giving
Dec 22nd 2012, 17:38

The holiday season is upon us, along with the good will toward all that it entails. 'Tis the season to be jolly -- and for many Americans, to give to charity. A seven-year study of online giving found that a third of all charitable donations in a given year come in December, with the giving rate increasing as the New Year approaches:

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Why rental apartments have more inefficient fridges
Dec 22nd 2012, 14:00

Economists have often puzzled over why more people don't invest in energy-efficiency measures that save money over the long run. If it's really so sensible, shouldn't everyone be doing it?

One explanation is that the incentives at work can sometimes be skewed. Matthew Wald points to a fascinating recent post by Lucas Davis and David Levine of UC Berkeley explaining that people who rent apartments tend to have far fewer energy-efficient appliances than those who own their own homes:

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