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.

Small grocery chains squeezed out by a crowded field Jan 20th 2013, 23:03 An increasingly crowded field of big-box supermarkets is squeezing out many of the smaller do-it-all grocers that tried to compete directly with the national chains. The latest small player to be elbowed out is Magruder's, a Rockville-based, family-owned chain that has roots dating back to 1875. On Wednesday, its owners announced that they had sold one location and are in the process of selling their remaining four. "Now is the right time for our family to move on," Gary Bortnick, the company's vice president, said in a statement. He did not specify the reasons for the sale. Read full article >> Value Added: Ted Leonsis looks to score digital dollars with new media start-up Jan 20th 2013, 22:55 There is this Washington media and entertainment company in search of new revenue streams as it tries to update its decades-old business model. Faced with perennial losses from key divisions, the company is going aggressively digital, asking employees to broaden their skill sets, collaborate more, produce extra content and find innovative ways to deliver it. Read full article >> New at the top: After the magic happens, Les Tractman takes over Jan 20th 2013, 22:51 This is the fifth time that I have replaced a founder in a technology company. I've learned a lot about what to do and what not to do. Founders are the ones who do the magic. They create something from nothing. It's what makes America so different from other countries. Read full article >> D.C. appointments for the week of Jan. 21 Jan 20th 2013, 22:24 A.T. Kearney of Arlington appointed Duncan McNabb to its public sector and defense services board. Centuria of Reston appointed LaVern A. Miles director, Christopher Murray adviser, Christine Adamson manager, Katherine A. Augustine manager, Carrie B. Cote manager and Viet Trung Tran manager. Read full article >> Senate Democrats promise to pass a budget. Why is this a big deal? Jan 20th 2013, 21:44 Sen. Chuck Schumer (D-N.Y.) made headlines Sunday morning by promising that Senate Democrats will write and pass a full tax and spending bill by the March 1 deadline for the next budget. "It's going to be a great opportunity for us because in our budget that we will pass, we will have tax reform, which many of my Republican colleagues like. But it's going to include revenues," Schumer said on "Meet The Press." Read full article >> Senate Democrats' budget plan will reopen battle over taxes Jan 20th 2013, 20:37 Senate Democrats plan to draft a budget blueprint that calls for significantly higher taxes on the wealthy, oil and gas companies and corporations doing business overseas, reopening a battle over taxes Republicans had hoped to lay to rest with the "fiscal cliff." Read full article >> Political ads: Not as powerful as you (or politicians) think Jan 20th 2013, 17:10 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, Hopkins looks at the evidence on whether political advertising moves voters. For past posts in the series, head here. Read full article >> Jan 20th 2013, 15:09 Read full article >> Inauguration 2013: Ideas about innovation for the new Congress and President Obama Jan 20th 2013, 15:08 Whenever a new Congress enters and the President takes the oath of office, a whiff of hope floats through the air — hope that lawmakers, this time, will successfully tackle the nation's most difficult and important problems. But what should they go after and how should they do it? Read full article >>

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