- GOP hopes taking shutdown off the table with budget deal will pay dividends
- Chinese Death Star: The moon cited as the perfect launch pad for ballistic missiles
- Help wanted: Homeland Security plagued by vacancies at the top
- We are not amused: Queen’s protection officers warned to keep ‘sticky fingers’ off the royal cashews
- Unleash the crossbows: Gov. Scott Walker creates new hunting season
- Bubonic plague kills 20 in Madagascar
- G-20 diplomats fell for hacker attack promising nude photos of former French first lady Carla Bruni
- Minnesota guardsman charged with stealing private soldier data for fake IDs
- Florida appeals court rules universities can’t regulate guns
- Vladimir Putin defends Russian conservative values
The world’s social media monster has set its sights on one of the hottest business models in e-commerce, as Facebook took its first steps to cash in on the profitable bulk-discount formula pioneered by Groupon.
Facebook launched a deals program Tuesday in five U.S. cities, following on the popularity of Groupon and other services that offer deep discounts — for example: $50 worth of food at a local eatery for $25.
By allowing small businesses to leverage the Internet while helping consumers score great deals, these group-couponing services have become some of the fastest-growing businesses in the world.
Facebook now wants a part of that. It hopes to exploit its existing networks of friends and family when it begins testing offers in San Diego, San Francisco, Atlanta, Dallas and Austin, Texas.
Ford posts best 1st-quarter profit in 13 years
DETROIT | Ford posted its best first-quarter profit in 13 years, as its new, more fuel-efficient vehicles reached showrooms during a surge in gasoline prices.
New arrivals such as the Ford Explorer and Fiesta small car are selling well. Company profits are growing around the world. And Ford is charging more for its cars, helping offset higher commodity costs.
Ford Motor Co. on Tuesday said its profit jumped 22 percent to $2.6 billion profit, its best first-quarter performance since 1998. It was the company’s eighth straight quarterly profit in its long climb back from near-bankruptcy five years ago.
Ford’s quarterly revenues rose 18 percent to $33.1 billion, far higher than the $30.5 billion analysts were projecting.
Toyota recalls 51,000 Tundra trucks
TORRANCE, Calif. | Toyota is recalling about 51,000 of its Tundra trucks to inspect rear drive shafts that may include a component that could break.
Toyota Motor Sales USA Inc. said Tuesday an estimated 0.5 percent of the vehicles may have a faulty slip yoke because of improper casting during the foundry process.
The company is aware of one slip yoke failure. There are no reports of accidents or injuries related to the condition.
By Mangosuthu Buthelezi
Memories of a long brotherhood tempered in common struggle
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- Inside China: Ukraine gets nuke umbrella
- House votes for bargain to end budget drama
- Chinese man fed up with his girlfriend's shopping jumps to his death
- Comma on!: Twitter erupts over Obama-Castro 'marriage'
- 80 people publicly executed across North Korea for films, Bibles
- U.S. pilot scares off Iranians with 'Top Gun'-worthy stunt: 'You really ought to go home'
- Somber duty: U.S. presidents in hot demand at Mandela's memorial
- MALCOLM/REIMER: Over-criminalization undermines respect for legal system
Independent voices from the The Washington Times Communities
Consummate traveler Todd DeFeo explores the unique stories that make destinations worth going to.
Covering the world of soccer, including the World Cup, Major League Soccer, D.C. United and the English Premier League and other interesting sporting events.
Born in 1930 in rural Missouri, Charles Vandegriffe, Sr., brings his time and place to the Communities.
Columns from Voices around the World talking about the events, people, politics and social issues that concern us wherever, and whoever, we are.
Extraordinary day at Redskins Park
White House pets gone wild!
Let it snow