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FAO Schwarz, founded in 1862 by German immigrant Frederick August Otto Schwarz in Baltimore, has reigned for decades as the premier retailer for unique toys and a pioneer of "entertainment retail," the idea that a store could be an experience for its customers.
District native Don Peebles' entrepreneurial drive led him to form the largest black-owned real estate development company in the country. He now travels across the U.S. as a speaker and mentor, encouraging students to pursue business careers. (Michael McElroy)
In this photo released by CBS, NRA Executive Vice President Wayne LaPierre talks to reporters after his appearance on the CBS talk show "Face the Nation" on Sunday, April 19, 2009, in Washington. (AP Photo/CBS' "Face the Nation," Karin Cooper)
A welder works on a section of a double-hulled oil tanker being assembled at the Aker Philadelphia Shipyard in January. Nearly 80 percent of the world's oil tankers use the design, considered much safer against spils than single-hulled ships.
Jeremy Stoppelman, chief executive and co-founder of Yelp.com, defends his Web site as it deals with transparency issues. Some business owners and consumers are struggling to understand how user-generated sites, such as Yelp.com, operate. (Associated Press)
General Motors posted a $9.6 billion fourth-quarter loss and said Thursday that it burned through $6.2 billion in the last three months of 2008 as it fought the worst U.S. auto sales climate since 1982 and sought government loans to keep the company running.
Source: The Globe and Mail - Toronto, Canada
Keywords: ECONOMY TRAIN OBAMA STIMULUS BAILOUTS RECESSION FINANCIAL CRISIS STAY TUNED
Provider: CartoonArts International / The New York Times Syndicate
David M. Walker, president and chief executive officer of the Peter G. Peterson Foundation, says proposed legislation doesn't meet the standards for stimulus spending. (Barbara l. Salisbury/The Washington Times)
This 24 March, 2006 photo shows US Internal Revenue Service (IRS) tax forms. The deadline for filing federal income-tax returns is 17 April, 2006 this year, because the normal deadline of 15 April falls on a Saturday. AFP PHOTO/Karen BLEIER
(Photo credit should read KAREN BLEIER/AFP/Getty Images)
**FILE** Jim R. Fouts, the mayor of Warren, Mich., Detroit's largest suburb and home to more than 30,000 auto workers and thousands more retirees, says the nation must do some patriotic purchasing to salvage a great industry - and honor its manufacturing tradition. "People have no appreciation for the what the auto industry has done for the country," he says. "If stereotypes continue, that will be the end of the auto industry and one of the last great manufacturing sectors of the United States because of the whims of the consumers. I want to save the automobile manufacturing companies because I think they are worth saving." (John Tully/Special to The Washington Times)
An illuminated Citgo sign sits in the Kenmore Square section of Boston, where the headquarters of Citizens Energy Corp. is located. Last year, Citgo donated 100 million gallons of oil to the U.S. charity organization, which distributes it to low-income households.