Wednesday, December 26, 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.
Wonkbook: Fiscal cliff talks may restart tomorrow
Dec 26th 2012, 12:00

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.

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Obama to return to Washington on Wednesday night to work on 'fiscal cliff' deal
Dec 26th 2012, 04:03

HONOLULU — After just four days of vacation, President Obama will leave Hawaii on Wednesday evening to return to Washington in a last-ditch effort to reach a deal to avoid the "fiscal cliff."

Over the holiday, Obama's staff has been quietly working with Senate Democrats to come up with a plan to prevent the cliff — an automatic series of deep spending cuts and sharp tax increases on nearly all Americans — from taking effect in the new year.

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Democrats push for tax cuts they once opposed
Dec 26th 2012, 03:00

Democrats seeking a deal to avert the year-end "fiscal cliff" are trying to etch into stone the signature economic achievement of Republican President George W. Bush by permanently extending tax cuts enacted during his tenure.

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Google in 2012: Android soars, battles with regulators and a tricky new role
Dec 25th 2012, 14:00

Google has had a strong year in 2012, watching its Android mobile platform continue grow and taking some interesting steps into hardware. Larry Page celebrated a year as chief executive in April and received generally high marks for his performance. The company sparred often -- and continues to battle -- with regulators on both sides of the ocean, which may change how it does business in the future. But Google had plenty to celebrate, too, with the introduction of a new Android operating system, several smartphones and tablets and an exciting future product, Google Glass. Here's a look at the highlights (and lowlights) at Google in 2012.

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