Tuesday, December 25, 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.
Europe's fading fortunes push young professionals abroad
Dec 25th 2012, 23:47

Tiago Lambuca left Portugal to search for work here as an architect, but the decision to emigrate was about more than earning a wage.

It was a generational choice, of a growing region over one he feels is exhausted; of a place where he could build a career over one where people his age often must skate from one temporary job to another.

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Incoming Japanese PM pressures central bank to stimulate economy
Dec 25th 2012, 22:47

TOKYO — Incoming Japanese Prime Minister Shinzo Abe kept up his calls on Tuesday for the Bank of Japan to drastically ease monetary policy by setting an inflation target of 2 percent, and repeated that he wants to tame the strong yen to help revive the economy.

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Could Democrats make the same mistake on Social Security that GOP made on tax cuts?
Dec 25th 2012, 22:26

What seems brilliant today can come back to bite you in the butt tomorrow when the world changes. That's my major take-away from the "fiscal cliff" soap opera.

It's a lesson that Republican tax-cutting zealots are now learning, painfully, as their long crusade to minimize taxes for the ultra-wealthy teeters on the brink of failure.

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Jack Klugman's secret, lifesaving legacy
Dec 25th 2012, 20:53

The actor Jack Klugman died on Christmas Eve at age 90. Klugman was best known for his roles as the unkempt sportswriter in "The Odd Couple" and as the crusading medical examiner on "Quincy, M.E." the wildly popular 1980s medical drama. Few people remember it today, but he also played an instrumental role in passing critical health-care legislation, the Orphan Drug Act, through Congress in the early 1980s, using "Quincy" and his own celebrity to roll Sen. Orrin Hatch (R), who was blocking the bill.

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