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.

Big firms pay 50 percent higher wages than small businesses, study shows Nov 29th 2012, 12:30 Small business owners are finding it increasingly difficult to match the wages offered by their larger competitors, according to new research, which could make it harder to find and retain talent on Main Street. Read full article >> Rice connected to Keystone pipeline company Nov 29th 2012, 12:29 If Susan E. Rice becomes Secretary of State, she might have to recuse herself from one of the first and most controversial decisions she would face: the Keystone XL oil pipeline permit. The reason: Rice and her husband are major shareholders in the pipeline company as well as a variety of Canadian companies that are involved in exploiting the oil sands region of Alberta, which would feed the Keystone XL and benefit from a new outlet. Read full article >> Wonkbook: Austerity-crisis negotiations stall out Nov 29th 2012, 11:40 Welcome to Wonkbook, Ezra Klein and Evan Soltas's morning policy news primer. To subscribe by e-mail, click here. Send comments, criticism, or ideas to Wonkbook at Gmail dot com. To read more by Ezra and his team, go to Wonkblog. Read full article >> SEC preparing lawsuit against SAC hedge fund Nov 29th 2012, 03:29 The Securities and Exchange Commission is preparing to file a civil lawsuit against the $14 billion Connecticut hedge fund run by Steven A. Cohen, a legend in the industry whose business has attracted the government's scrutiny for years. Read full article >> Google-FTC settlement may be in the works Nov 29th 2012, 01:55 Google and federal officials are discussing a deal that would end nearly two years of investigation into claims of monopolistic behavior by the company without addressing the most serious charge — that it intentionally manipulates search results to harm competitors. Read full article >> Mortgage-interest deduction could be on the table in 'fiscal cliff' debate Nov 29th 2012, 01:43 Of all the deductions woven into the sprawling U.S. tax code, few have been more fiercely guarded than the enormous tax break that lets homeowners deduct the interest they pay on their mortgages. But as Congress and the White House negotiate the first major rewrite of tax laws in decades, changing the generations-old mortgage-interest deduction — which costs the government roughly $100 billion a year — has gone from far-off possibility to part of the conversation. Read full article >> Fed lays out tougher capital rules for foreign banks Nov 29th 2012, 01:27 Federal Reserve governor Daniel Tarullo on Wednesday outlined stricter capital and liquidity rules for foreign banks operating in the United States, a plan that would force them to adhere to the same standards as U.S. institutions. Read full article >> LivingSocial plans to lay off hundreds in U.S., company sources say Nov 28th 2012, 23:07 LivingSocial plans to lay off as many as 400 U.S. employees, including some in the District where it is headquartered, according to sources inside the company. The sources spoke on the condition of anonymity because they were not authorized by the company to discuss the layoffs. Read full article >>

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