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Washington Post Business
Jul 09, 2019

How the lawsuits against student loan servicer Navient could affect you
California's attorney general filed a lawsuit against Navient and two of its subsidiaries, Pioneer and General Revenue Corp., alleging misconduct.

Washington Post Business
Jul 09, 2019

They finally built a better ketchup bottle. And soon it's going to be everywhere.
Americans hate changes in their food packaging. Now the condiment aisle is poised for a packaging revolution.

Washington Post Business
Jul 09, 2019

Treasury could breach debt ceiling in first half of September, much sooner than previously thought
The Bipartisan Policy Center, a think tank, said Monday that the Treasury Department has brought in far less tax revenue this year than was projected.

Washington Post Business
Jul 09, 2019

Trump Washes His Hands of Climate Change
Focusing on clean air and water is a way of expressing vague environmental concern without addressing a bigger problem.

Washington Post Business
Jul 09, 2019

How a dad's lawsuit against JPMorgan Chase could lead to more equal parental leave elsewhere
"If my phone ringing off the hook is any indication," said one human resources consultant, "organizations have really been drawn to all the attention on this case."

Washington Post Business
Jul 09, 2019

How Obamacare Lives On, Despite Trump's Best Efforts
The U.S. health-care law known as Obamacare turns 10 next year but still finds itself at existential risk both politically and legally. Millions of Americans owe their health coverage to the law enacted under President Barack Obama and fellow Democrats, even as opponents have trimmed its scope. It remains a target for elimination by the Republican Party and Obama's successor, President Donald Trump, who calls it "really bad health care." A legal challenge calling the law unconstitutional is the

Washington Post Business
Jul 09, 2019

Richard Branson's Galactic Feat of Finance
Valuing Virgin Galactic requires a degree in rocket science.

Washington Post Business
Jul 09, 2019

The Saudi-Qatari Breach, Explained
When four Arab states led by Saudi Arabia cut diplomatic ties and transportation links with Qatar in June 2017, there were expectations that the rulers would resolve the spat quietly among themselves, as they did a similar dispute three years earlier. Instead, Saudi Arabia issued tough demands, Qatar refused to kowtow to its powerful Arab neighbor, and the breach hardened.

Washington Post Business
Jul 09, 2019

Twitter bans dehumanizing posts about religious groups
The update on hate speech is an attempt to curb abusive tweets that don't include a direct target or engage in threats of violence.

Washington Post Business
Jul 09, 2019

Trump administration runs up against legal wall in effort to lower drug prices
A federal judge blocked a new requirement for drugmakers to display the price of medications in television ads, saying the Department of Health and Human Services overstepped its authority and would need approval from Congress.

Washington Post Business
Jul 09, 2019

Virgin Galactic announces it will take its space tourism venture public
With the capital it raises by going public, the company will be able to sustain its operations until it begins commercial flights and starts generating its own revenue.

Washington Post Business
Jul 09, 2019

The Technology 202: Facial recognition debate expected to turn toward immigration
ICE officials won't be at a hearing tomorrow on the emerging technology.

Washington Post Business
Jul 09, 2019

Ocado Copes With Disaster, But It's All Noise
The company deserves credit for managing the impact of a warehouse fire. This doesn't change the investment case.

Washington Post Business
Jul 09, 2019

Deutsche Bank's $788 Billion Missed Opportunity
The lender's big revamp paid little attention to the asset management arm, a business that needs to sparkle.

Washington Post Business
Jul 09, 2019

Downsizing or decluttering: How to get rid of stuff
A home transition expert offers tips for getting your home ready to sell.

Washington Post Business
Jul 09, 2019

BASF and America's Farmers Sound the Climate Change Alarm
Most BASF investors will be worried about the global economy, but the company's warning about the impact of extreme weather is equally unnerving.

Washington Post Business
Jul 09, 2019

Kohl's will now return your Amazon packages for free
It's a move that sets it apart from other retailers striving to compete with Amazon.

Washington Post Business
Jul 09, 2019

China's Winning This Mini Trade War
Japan's move to restrict exports of certain materials to South Korea only hurts the big players and helps Beijing.

Washington Post Business
Jul 09, 2019

Why China's Debt Defaults Look Set to Pick Up Again
Chinese companies are facing a reality check after years of ramping up debt. A deleveraging campaign that President Xi Jinping began in 2016 to curb risks in the nation's financial markets has led to a crackdown on unregulated lending -- so-called shadow banking -- and tighter rules on asset management. That made it harder for some firms to raise funds to repay existing debt, leading to a record number of bond defaults in 2018. There was a respite in the first half of 2019 as the government move

Washington Post Business
Jul 09, 2019

Why Hong Kong Is Protesting (and May Do So Again)
As China seeks to assert greater control over Hong Kong, the city's 7.5 million people regularly display a penchant for protest. Recent demonstrations forced the local government to suspend consideration of a bill that would have allowed extraditions to the mainland for the first time. Chinese President Xi Jinping, on a visit to Hong Kong in 2017, warned that challenges to Beijing's rule wouldn't be tolerated. But with activists demanding protection for personal freedoms in the former British co

Washington Post Business
Jul 09, 2019

Boeing's Grounded 737 Max — The Story So Far
Two crashes within five months -- Lion Air Flight 610 in October 2018 off the coast of Indonesia and Ethiopian Airlines Flight 302 in March outside Addis Ababa -- killed 346 people and led to a global grounding of Boeing Co.'s relatively new 737 Max jets, the fourth generation of a venerable brand first flown in 1967. Numerous investigations are under way, including ones looking at how U.S. flight regulators came to certify the airplane. Boeing has abandoned its financial forecast for 2019 as it

Washington Post Business
Jul 09, 2019

China Is the Winner of This Mini Trade War
Japan's move to restrict exports of certain materials to South Korea only hurts the big players and hands Beijing a victory.

Washington Post Business
Jul 09, 2019

If It Moves, Tax It. That's Desperate, India
The government is targeting foreign investors, high-earning employees and companies to plug its fiscal gap. Such overreach never ends well.

Washington Post Business
Jul 09, 2019

Hong Kong's Flash-Crash Enigma Remains Unsolved
Two years after the regulator pledged to get tougher, penny stocks are still collapsing for no apparent reason.

Washington Post Business
Jul 08, 2019

Cheese. Cosmetics. Cat Treats. Are those monthly subscription boxes actually saving you money?
The appeal of monthly subscription boxes is often convenience. Just make sure the service is truly saving you time and money.

Washington Post Business
Jul 08, 2019

What do your parents owe you when they die?
The way a will is handled can permanently change a family

Washington Post Business
Jul 08, 2019

Treasury could reach debt limit much sooner than previously thought
If lawmakers heed the The Bipartisan Policy Center's warning that the Treasury Department could run out of money to pay its bills by early September, they could be forced to raise the borrowing limit before a lengthy break in August.

Washington Post Business
Jul 08, 2019

Federal judge blocks Trump administration rule requiring drug prices in TV ads
The decision, handed down just hours before the rule was set to take effect, came in response to a lawsuit challenging the authority of the Department of Health and Human Services.

Washington Post Business
Jul 08, 2019

Are You a Citizen? The Trump Census Controversy, Explained
When Commerce Secretary Wilbur Ross announced in March 2018 that he was adding a question about U.S. citizenship to the next full U.S. head count, it set off a firestorm of criticism -- and a spate of legal challenges by cities, counties, states and immigrant-rights groups.

Washington Post Business
Jul 08, 2019

Treasury could could reach debt limit much sooner than previously thought
If lawmakers heed the The Bipartisan Policy Center's warning that the Treasury Department could run out of money to pay its bills by early September, they could be forced to raise the borrowing limit before a lengthy break in August.

Washington Post Business
Jul 08, 2019

Why China's Debt Defaults Look Set to Pick Up Again: QuickTake
Chinese companies are facing a reality check after years of ramping up debt. A deleveraging campaign that President Xi Jinping began in 2016 to curb risks in the nation's financial markets has led to a crackdown on unregulated lending -- so-called shadow banking -- and tighter rules on asset management. That made it harder for some firms to raise funds to repay existing debt, leading to a record number of bond defaults in 2018. There was a respite in the first half of 2019 as the government move

Washington Post Business
Jul 08, 2019

What Trump Can (and Can't) Do to Steer Fed Policy
President Donald Trump is unhappy that the U.S. Federal Reserve under the chairman he chose, Jerome Powell, raised interest rates. But while the president can authorize military operations, issue rules by executive order, convene Congress and pardon criminals, he can't do much about the Fed. That doesn't mean Trump isn't trying.

Washington Post Business
Jul 08, 2019

Central Bank Independence
After inflation ran amok in the 1960s and 1970s, many central bankers fought for, and won, more freedom to control interest rates and set other monetary policy decisions without political interference. Their shields began to crack after the 2008 financial crisis. In the years since the bankers deployed trillions of dollars to save the global financial system, the public's faith in their work has been fading. Critics say independent central banks are too secretive and put commercial banks' intere

Washington Post Business
Jul 08, 2019

Amazon workers in Minnesota plan to strike over working conditions during Prime Day sale
Workers at a fulfillment center in Shakopee, Minn., plan to strike for six hours across two shifts July 15.

Washington Post Business
Jul 08, 2019

It's not just paychecks: The surprising society-wide benefits of raising the minimum wage
With its effect on employment all but settled, researchers are looking at crime, mental health and even worker productivity to better understand the effects of higher earnings.

Washington Post Business
Jul 08, 2019

The Blue Bell ice cream licker spawned copycats. One man has now been charged.
Several people have recorded themselves licking and returning Blue Bell ice cream to store freezers after one video alone racked up 13 million views on Twitter.

Washington Post Business
Jul 08, 2019

No, the government isn't calling to ‘suspend' your Social Security number
The IRS issued a consumer alert about an uptick in a scheme in which crooks pretend to be calling from the Social Security Administration.

Washington Post Business
Jul 08, 2019

Iran's Nuclear Program
Iran's nuclear capabilities have been the subject of global hand-wringing for more than two decades. While Iran's leaders long insisted the country was not building nuclear weapons, its enrichment of uranium and history of deception created deep mistrust. After more than two years of negotiations and threats to bomb the country's facilities, Iran and world powers agreed in 2015 to settle the dispute. The deal set limits on the Islamic Republic's nuclear work in exchange for relief from economic

Washington Post Business
Jul 08, 2019

Amazon workers plan to strike during Prime Day sale over working conditions
Workers at a fulfillment center in Shakopee, Minn., plan to strike for six hours across two shifts on July 15.

Washington Post Business
Jul 08, 2019

British Airways faces $230 million fine for customer data theft
The company's chairman said he's "surprised and disappointed" by the proposed penalty.

Washington Post Business
Jul 08, 2019

Gov. Cuomo approves new law allowing release of Trump's N.Y. state tax returns
House Democrats, however, have said they are focused on obtaining the president's federal financial records.

Washington Post Business
Jul 08, 2019

Mortgage rates tick up, but lower bond yields signal more declines
News out of the Group of 20 summit pushed the 30-year fixed-rate average up to 3.75 percent, but global economic concerns may pull it down again.

Washington Post Business
Jul 08, 2019

The Technology 202: Facebook leaders say antitrust focus obscures the real tech threat: China
It's a far cry from Zuck jogging in Tiananmen Square.

Washington Post Business
Jul 08, 2019

Why It Matters That Iran Is Busting Its Nuclear Caps
A little over a year after President Donald Trump withdrew the U.S. from a landmark nuclear agreement with Iran, Tehran's government responded by breaking a key covenant restricting its stockpile of nuclear material. International inspectors confirmed that the country has accumulated more than the 300 kilograms of low-grade uranium permitted under the 2015 accord. Although the initial violation was limited and can easily be reversed, Iran said on July 7 that it will restart other, more serious a

Washington Post Business
Jul 08, 2019

The True Price of Electric Cars
Millions of European workers are anxious about their prospects as combustion engines start to be phased out. Politicians need to get a grip.

Washington Post Business
Jul 08, 2019

No, that's not the government calling threatening to ‘suspend' your Social Security number.
IRS warns about an increase in 'imposter' Social Security scams.

Washington Post Business
Jul 08, 2019

Rental options in Old Town Alexandria
Those looking to rent an apartment in Old Town Alexandria have several choices within easy walking distance to Metro.

Washington Post Business
Jul 08, 2019

How Deutsche Bank's Woes Infect All European Lenders
Europe has too many banks making too little money. The continent's big lenders appear to lurch from crisis to crisis, burning through chief executives and seemingly endless resets of strategy. The flailing is particularly dramatic when compared with American rivals. A decade ago, Europe's top five banks earned more than their counterparts across the Atlantic Ocean. By last year - when the top five U.S. banks raked in more than $100 billion in profit - their European equivalents earned just a thi

Washington Post Business
Jul 08, 2019

China Learns an Iron Law of Markets
The government simply doesn't control enough ore production to damp prices that are causing its metal industry pain.

Washington Post Business
Jul 08, 2019

A Leaner Deutsche Bank May Not Be Fitter in Asia
The lender faces a formidable challenge to compete for corporate customers with the likes of HSBC and Citigroup.

Washington Post Business
Jul 08, 2019

A Jim Beam warehouse caught fire, destroying 45,000 barrels of bourbon
Government officials say the bourbon runoff will potentially lead to a "severe fish kill" as it flows into a nearby creek and the Kentucky River.

Washington Post Business
Jul 08, 2019

Why the News About Europe's Banks Is Never, Ever Good
Europe has too many banks making too little money. The continent's big lenders appear to lurch from crisis to crisis, burning through chief executives and seemingly endless resets of strategy. The flailing is particularly dramatic when compared with American rivals. A decade ago, Europe's top five banks earned more than their counterparts across the Atlantic Ocean. By last year - when the top five U.S. banks raked in more than $100 billion in profit - their European equivalents earned just a thi

Washington Post Business
Jul 08, 2019

The Technology 202: I drove a Tesla Model 3 and here's what I learned: Trust but verify
It's a sneak peek of the self-driving car future.

Washington Post Business
Jul 07, 2019

Why Japan and South Korea Still Spar Over History
Japan's colonial rule over the Korean Peninsula ended more than seven decades ago, yet that legacy still roils everyday politics on both sides of the strait.

Washington Post Business
Jul 07, 2019

Harvard says fighting climate change is a top priority. But it still won't divest from fossil fuels.
Universities are under growing pressure to sell stakes in oil, gas and coal firms.

Washington Post Business
Jul 07, 2019

This investment guarantees monthly checks for the rest of your life. But there's a downside.
Congress is looking at legislation that would make it easier to have a monthly paycheck for the rest of your life.

Washington Post Business
Jul 07, 2019

Budweiser Calls Time on a Hong Kong IPO Custom
The AB InBev unit won't sell stock to cornerstone investors. That calls for a round of cheers.

Washington Post Business
Jul 07, 2019

Deutsche Bank's Reboot Looks Real This Time
It has to be. Shareholders may not give it another chance.

Washington Post Business
Jul 07, 2019

FAA gives General Dynamics approval to produce and sell Gulfstream G600 private jet
It was the first new aircraft certification since two 737 Max crashes called the agency's certification processes into question.

Washington Post Business
Jul 07, 2019

Poll: One in four don't plan to retire despite realities of aging
Nearly one-quarter of Americans say they never plan to retire, according to a poll that suggests a disconnection between individuals' retirement plans and the realities of aging in the workforce

Washington Post Business
Jul 07, 2019

Trump is a huge headache for Deutsche Bank. But the German financial giant has plenty more.
To stem a decade of decline, the bank announced Sunday a sweeping restructuring, including gutting most of its investment bank operations. As many as 18,000 jobs could be cut across the world.

Washington Post Business
Jul 07, 2019

FBI, ICE find state driver's license photos are a gold mine for facial-recognition searches
The state DMV databases form the bedrock of an unprecedented surveillance infrastructure, allowing federal investigative and immigration agents to scan hundreds of millions of Americans' faces without their knowledge or consent.

Washington Post Business
Jul 07, 2019

A barista asked police to leave because a guest felt uncomfortable. Starbucks has apologized.
The apology comes more than a year after the company temporarily closed its 8,000-plus U.S. stores for "racial bias education" training amid an outcry over an incident in Philadelphia.

Washington Post Business
Jul 07, 2019

Trump is a huge headache for Deutsche. But the bank has plenty more.
To stem a decade of decline, the bank announced Sunday a sweeping restructuring, including gutting most of its investment bank operations. As many as 18,000 jobs could be cut across the world.

Washington Post Business
Jul 07, 2019

Mahathir Looks Beyond Malaysia's First Century
As he nears his 94th birthday, the prime minister is pushing forward plans that may be crucial for the nation's long-term economic success.

Washington Post Business
Jul 06, 2019

What's a Bad Bank and How Can It Help Deutsche Bank?
When a lender is in trouble and decides to switch strategy, the solution can be what's commonly referred to as a "bad bank." It's a plan that Deutsche Bank AG is said to be studying to help it return to profit by reducing its focus on investment banking. But while the idea might sound simple, carrying out the task efficiently can be very costly.

Washington Post Business
Jul 06, 2019

Retire early or keep on working? How to prepare for either choice.
There's no one rule of thumb for everyone

Washington Post Business
Jul 05, 2019

How India's Water Ends Up Everywhere But India
The country is the world's biggest exporter through its crops, despite suffering shortages in urban areas.

Washington Post Business
Jul 05, 2019

Facebook wants to limit the reach of bogus medical ‘cures' by treating them like spam
For years, medical misinformation has thrived on Google and Facebook.

Washington Post Business
Jul 05, 2019

Forgiving all student debt is a bad idea. It would be terribly divisive.
Canceling existing student debt would make many people who scrimped and saved and were prudent and paid their debts feel like suckers.

Washington Post Business
Jul 05, 2019

Google project brings Internet access to Kenya
Loon — an Internet-providing balloon service owned by Alphabet, Google's parent company — will give "mountain villagers" the opportunity to purchase 4G service.

Washington Post Business
Jul 05, 2019

Don't wait until it is too late to talk to Mom and Dad about their money
Don't assume your parents have it together.

Washington Post Business
Jul 05, 2019

Manager's response to employee's odor doesn't pass the smell test
The boss should refer the worker with bad odor to human resources, not insist his co-workers just deal with it.

Washington Post Business
Jul 05, 2019

Harvard says fighting climate change is a top priority. But it won't divest from fossil fuels.
Universities are under growing pressure to sell stakes in oil, gas and coal firms.

Washington Post Business
Jul 05, 2019

How firms are preparing for a gender non-binary world
In small but measurable ways, some businesses are starting to do more to accommodate employees or customers who don't identify as male or female.

Washington Post Business
Jul 05, 2019

Maggots could revolutionize the global food supply. Here's how.
Black soldier fly larva has the remarkable ability to transform nearly any kind of organic waste into high-quality protein, while leaving a smaller carbon footprint than it left.

Washington Post Business
Jul 05, 2019

Hand dryers are ‘clearly dangerous' to children's hearing, published research by a 13-year-old shows
The next time your kid says the public restroom is too loud, believe her.

Washington Post Business
Jul 05, 2019

Four women's soccer stars have a new goal: Building a gender-neutral lifestyle business
The members of the 2015 Women's World Cup championship team are launching a brand aimed at equality and inclusivity.

Washington Post Business
Jul 05, 2019

U.S. stocks close lower amid fears strong jobs data will work against interest rate cuts
U.S. markets came off all-time highs on Friday as investors interpreted strong employment data as an argument against their much hoped-for interest rate cuts. All three indices closed Friday in the re...

Washington Post Business
Jul 05, 2019

U.S. stocks hit records before pullback tied to jobs report
Markets reopened Friday after the holiday to a strong jobs report, which prompted traders to reassess the prospects for Federal Reserve interest rate cuts.

Washington Post Business
Jul 05, 2019

When it comes to annuities, there are pros, cons and certain levels of risk
Like any insurance, they involve lots of number-crunching.

Washington Post Business
Jul 05, 2019

Canceling all student debt is a bad idea
It's not just unfair. It would be terribly divisive.

Washington Post Business
Jul 05, 2019

Bounce in hiring soothes fears about economy amid trade war
The number of newly created jobs surged past analysts' expectations, although wages are growing more slowly than they did in the 1990s boom.

Washington Post Business
Jul 05, 2019

Talking to mom and dad about their money isn't easy. But don't wait until it's too late
Don't assume your parents have it together.

Washington Post Business
Jul 05, 2019

Secret Border Patrol chat is not first time a group has violated Facebook policies
The company's strategy of pushing interactions within closed-member groups is increasingly clashing with its capacity to monitor those that break rules against hate speech and harassment, critics say.

Washington Post Business
Jul 05, 2019

Stocks close lower amid fears jobs data will work against rate cuts
The Federal Reserve Board will meet at the end of July to decide what will happen to interest rates in light of the nation's longest economic expansion on record, now in its 10th year.

Washington Post Business
Jul 05, 2019

How employers are preparing for a gender non-binary world
In small but measurable ways, some companies are starting to do more to recognize or accommodate employees or customers who don't identify as male or female.

Washington Post Business
Jul 05, 2019

Virginia Tech's FutureHAUS brings tomorrow's home into today's world
VT's project beats out homes from 14 other universities from around the world in a competition in Dubai by connecting a house full of smart-home technologies through a single interface.

Washington Post Business
Jul 05, 2019

West African countries plan to hike cocoa prices, citing ‘injustice' in chocolate industry. Can they reduce child labor?
Ghana and Ivory Coast aim to boost farmer incomes by raising the commodity's prices.

Washington Post Business
Jul 05, 2019

Work Advice: Manager's response to employee's odor doesn't pass the smell test
The boss should refer the worker with bad odor to human resources, not insist that his co-workers just deal with it.

Washington Post Business
Jul 05, 2019

How Sudan Is Moving on After Brutal Leader's Ouster
Sudan's President Omar al-Bashir brutally crushed dissent during the three decades he ruled the North African nation. But his overthrow in April didn't usher in peace. Instead, the military council that replaced him was accused of some of the worst-ever violence in the capital, Khartoum. A crackdown in early June left more than 100 protesters dead after talks between the military and opposition on forming a civilian government stalled. Then, in early July, the two sides struck a power-sharing de

Washington Post Business
Jul 05, 2019

Libya Fighting Has Erupted Again. Here's the Oil Impact
Amid fighting near the Libyan capital of Tripoli, the risk of oil-supply outages from the OPEC member remains high. The country has been in disarray since Muammar Qaddafi was ousted as head of state and killed in 2011. Oil output has surged in 2019, but continuing battles are a reminder that reliable crude flows require a political solution to end eight years of strife.

Washington Post Business
Jul 05, 2019

Billionaire Chris Cline, the ‘King of Coal,' among seven killed in helicopter crash
Cline was killed on a flight from the Bahamas to Florida.

Washington Post Business
Jul 05, 2019

Google's balloon project has a new test: Providing Internet access to ‘mountainous villagers' in Kenya
Loon — an Internet-providing balloon service owned by Alphabet, Google's parent company — will give "mountain villagers" in Kenya the opportunity to purchase 4G service.

Washington Post Business
Jul 05, 2019

Facebook says private groups are its future. Some are hubs for misinformation and hate.
Facebook's new strategy of pushing interactions within closed-member groups is increasingly butting up against the company's capacity to monitor those that break the social network's rules against hate speech, harassment and other ills, advocates say.

Washington Post Business
Jul 05, 2019

Why Sudan's Pain Endures After a Brutal Leader's Ouster
Sudan's President Omar al-Bashir brutally crushed dissent during the three decades he ruled the North African nation. But his overthrow in April didn't usher in peace. Instead, the military council that replaced him was accused of some of the worst-ever violence in the capital, Khartoum. A crackdown in early June left more than 100 protesters dead after talks between the military and opposition on forming a civilian government stalled. Then, in early July, the two sides struck a power-sharing de

Washington Post Business
Jul 05, 2019

Even Paris Hilton Couldn't Save BMW's Boss
Whoever replaces Harald Krueger at the helm of the German car giant will face the same intractable problems.

Washington Post Business
Jul 05, 2019

‘A new era': Trump and 2020 hopefuls are singling out more American companies by name
How companies should respond as a presidential norm of criticizing American enterprise in more generic terms is giving way to a naming and shaming strategy on both sides of the aisle.

Washington Post Business
Jul 05, 2019

Hiring rebounds in June, easing fears of a U.S. recession
The U.S. unemployment rate has been at or below 4 percent for more than a year.

Washington Post Business
Jul 05, 2019

Stocks surge on U.S.-China trade cease-fire; S&P 500 closes at record high
The opening bell pop lost steam, and all three indexes pared back gains by midafternoon.

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