by Charles Mead | Apr 5, 2011 | Business & Tech
WASHINGTON — U.S. House Republicans, while unveiling a 2012 budget plan Tuesday with $6 trillion in proposed spending cuts, claimed the president’s own proposal would accelerate a “descent into a debt crisis” even as the lawmakers demanded he outline a reform to...
by Matt Mansfield | Apr 5, 2011 | Business & Tech
WASHINGTON– Treasury Secretary Timothy Geithner said Tuesday that there will a global economic crisis if Congress fails to increase the U.S. debt limit. “The consequences of that would be catastrophic to the United States,” Geithner told a Senate appropriations...
by Charles Mead | Apr 4, 2011 | Business & Tech
WASHINGTON — The world needs a procedure to shut down big financial institutions facing crisis, and banks should be taxed to prevent excess risk-taking, the head of the International Monetary Fund said Monday. The financial sector “is still is need of major surgery,”...
by Virginia Chen, Dean DeChiaro & Emily Hoerner | Dec 13, 2010 | Business & Tech, Politics
WASHINGTON – A little after midnight on May 24, 1989, the Exxon Valdez struck a reef in Prince William Sound, Alaska. An estimated 11 million gallons of crude oil spilled from the 978-foot oil tanker, wreaking devastation on wildlife and residents along 350...
by Zak Koeske | Dec 8, 2010 | Business & Tech, Politics
WASHINGTON -The government in the District of Columbia has been at the head of the national curve when it comes to creating citizen-facing technology, but resident knowledge of the applications available is minimal. D.C. government struggles to market innovative Web...
by Matt Mansfield | Dec 8, 2010 | Business & Tech, Politics
WASHINGTON – The D.C. government is at the forefront of a national push to develop citizen-focused Web tools. But District leaders say they haven’t forgotten that many residents aren’t yet online. D.C’s chief technology officer is on the case...
