by Donna Mahoney | Jul 11, 2014 | Business & Tech
WASHINGTON — Worried that money for the nation’s roads and bridges could soon dry up, a House committee Thursday approved an $11 billion outlay so work can continue during the warm weather construction season. The legislation, approved by voice vote in the Ways...
by Cat Boardman | Jul 10, 2014 | Business & Tech
WASHINGTON– States are missing out on billions of dollars in revenue because online shoppers aren’t coughing up the sales taxes they’re required to pay to states. The Senate passed the Marketplace Fairness Act, which requires online retailers to collect those...
by Shu Zhang | Jul 10, 2014 | Business & Tech
WASHINGTON – The outcome for a transatlantic trade deal remains in doubt during the run-up to the sixth round of negotiations, as environmental groups across the pond fight against an expansion of energy exports and any easing of safety standards. “The trade...
by Kelly Nicastro | Jul 10, 2014 | Business & Tech, Topics
WASHINGTON — Getting delisted from Nasdaq knocked the icing off the cupcake for New York City-based Crumbs Bake Shop, Inc. On Monday, the chain revealed it was closing all of its 48 stores. The Nasdaq Stock Market suspended trading of Crumbs’ shares July 1,...
by Lingjiao Mo | Jul 8, 2014 | Business & Tech
Washington — A Senate committee examined Tuesday the fairness of high-frequency trading and questioned how regulation can keep up with the fast changing technology that has disrupted the stock market. Speedy trading firms use sophisticated algorithms to analyze orders...
by Kelly Nicastro | Jul 8, 2014 | Business & Tech
The number of U.S. breweries has more than doubled between 2007 and 2012 and employment in the brewing industry climbed nearly 18 percent, the Census Bureau reports. Microbreweries and brewpubs in D.C. are feeling the pressure to keep up with the high demand.
