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  • **FILE** Carts full of merchandise ordered on the Internet are rolled to the main packing area for shipping at an Overstock.com warehouse in Salt Lake City. (Associated Press)

    Opponents slam Internet sales tax bill

    By Tim Devaney - The Washington Times

    Opponents of an Internet sales tax bill on Tuesday called it a “21st century version of taxation without representation,” warning it raises the prospect of taxing online retailers in jurisdictions where the owners of those businesses cannot vote. Published June 18, 2013 Comments

  • Thrown in reverse: Chrysler drops opposition, agrees to recall of Jeeps at risk of fire

    By Tom Krisher - Associated Press

    Chrysler says it has resolved its differences with the government and will recall older Jeep Grand Cherokee and Liberty SUVs that could be at risk of a fuel tank fire. Published June 18, 2013 Comments

  • Smithfield Foods, the top pork producer in the U.S., has planned a $4.7 billion buyout from Shuanghui International Holdings Ltd. But one of Smithfield's largest investors says that move "significantly understates" the company's value. (Associated Press)

    Investor urges Smithfield Foods to kill Chinese buyout

    By Tim Devaney - The Washington Times

    One of Smithfield Foods Inc.’s largest investors would like to chop up America’s biggest pork producer and sell it piece-by-piece, with representatives urging the board of directors to kill a planned $4.7 billion buyout by a Chinese company that they say “significantly understates” the company’s value. Published June 17, 2013 Comments

  • A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

    Stocks move higher as investors await word from Bernanke

    By Christina Rexrode - Associated Press

    U.S. stocks moved higher Tuesday, helped by news of a pickup in homebuilding and low inflation. But the Federal Reserve loomed large, with investors trying to guess what the central bank will say Wednesday about how long it plans to keep stimulus programs in place. For many, Tuesday was just a holding pattern as they waited for Wednesday’s announcement. Published June 18, 2013 Comments

  • An Air India Boeing 787 Dreamliner performs its demonstration flight during the first day of the 50th Paris Air Show at Le Bourget Airport, north of Paris, on Monday, June 17, 2013. (AP Photo/Francois Mori)

    Boeing nets orders for 102 stretch 787s

    By Associated Press

    Boeing Co. won major orders from five customers for a stretched version of its popular 787 Dreamliner jet at the Paris Air Show on Tuesday, further evidence of a strengthening market for more expensive long-haul jets. Published June 18, 2013 Comments

Recent Articles
  • IRS supervisor in D.C. admits to overseeing tea party targeting

    By David Sherfinski - The Washington Times

    An IRS supervisor working in Washington told congressional investigators that she personally reviewed applications from groups for tax-exempt status, in testimony that appears to show the agency's scrutiny of conservative groups extended beyond the confines of the office in Cincinnati. Published June 17, 2013

  • Investors guess Fed's actions, push stocks higher

    By Christina Rexrode - Associated Press

    Investors are in a game of wait-and-see with the Federal Reserve. On Monday they guessed that the Fed will continue to try to prop up the economy — and sent stocks higher. Published June 17, 2013

  • Homebuilders' confidence soars to 7-year high

    By Alex Veiga - Associated Press

    For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months. Published June 17, 2013

  • Boeing, Airbus get lucrative deals for long-haul jets at Paris Air Show

    By Lori Hinnant - Associated Press

    Airbus and Boeing won pledges for big purchases of their lucrative long-haul wide-body jets at the Paris Air Show on Monday, raising hopes that demand is recovering following the worldwide recession. Published June 17, 2013

  • Shipping magnate Paul Soros, George Soros' brother, dies at 87

    By Jessica Chasmar - The Washington Times

    Shipping magnate Paul Soros, the older brother of billionaire financier George Soros, died in New York City on Saturday "after a long bout with a host of illnesses," his son Peter Soros confirmed. He was 87. Published June 16, 2013

  • G-8 discussions will focus on economic growth

    By Tim Devaney - The Washington Times

    Though it could be overshadowed by the conflict in Syria, leaders from the world's major industrial nations plan to discuss how they can boost economic growth and regain competitiveness during the Group of Eight summit this week. Published June 16, 2013

  • 'Obamacare' benefits mandate could further phase out full-time work

    By Patrice Hill - The Washington Times

    President Obama's health care reform is prompting employers to hire more part-time and temporary workers to escape paying benefits under a mandate that goes into effect next year, amplifying a trend toward transient employment that took hold during the recession, according to a growing number of economic indicators. Published June 16, 2013

  • Unpaid internships in jeopardy after court ruling

    By Sam Hananel - Associated Press

    Unpaid internships have long been a path of opportunity for students and recent grads looking to get a foot in the door in the entertainment, publishing and other prominent industries, even if it takes a generous subsidy from Mom and Dad. Published June 14, 2013

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