By Rand Paul
Obama acts as though we no longer have a Constitution
Now that Groupon has gotten rid of its quirky founder and CEO, the chief question is whether the company's underlying online deals business is promising enough to reverse its falling stock price, declining revenue growth and waning consumer interest.
Struggling online deals pioneer Groupon has fired its quirky founder and CEO, Andrew Mason, amid worries that people are tiring of the restaurant, spa and Botox deals that Groupon built its business on.
Metro will keep its trains running for an extra hour Sunday night when the Washington Redskins take on the rival Dallas Cowboys at home in their drive for a playoff spot.
Online deals company LivingSocial is cutting 400 jobs worldwide, or about 9 percent of its work force, as the deals market continues to face challenges.
DONE DEAL: Online deals company LivingSocial is cutting 400 jobs, or about 9 percent of its workforce, as the deals market continues to face challenges.
Online deals company LivingSocial is cutting 400 jobs worldwide, or about 9 percent of its work force, as the deals market continues to face challenges.
Black Friday was no match for Sandy. Major retailers such as Kohl's, Target and Macy's on Thursday reported weak sales in November as a strong start to the holiday shopping season wasn't enough to fully offset a slow start to the month caused by Superstorm Sandy.
In another sign of the troubles faced by once-hot Internet daily deal sites, Washington-based LivingSocial could be the latest such company to announce layoffs. The company is planning to layoff as many as 400 workers, according to a report from The Washington Business Journal Wednesday.
Unemployment rates declined last month in more than half of the 372 largest U.S. cities, further evidence of steady improvement in the job market.
Struggling to survive in the increasingly competitive online marketplace it pioneered, daily deal company Groupon saw its stock price on Thursday hit a new low in late-day trading after another disappointing third quarter earnings report.
Amazon reported third-quarter results below Wall Street's expectations on Thursday _ including a large loss, weighed by its stake in online deals service LivingSocial and continued spending on its Kindle business and distribution centers.
D.C. Council Chairman Phil Mendelson is grateful that daily deal-provider LivingSocial "stepped up" and offered to put down a deposit to cover any costs from extended Metro service after late-night playoff games at Nationals Park this month.
Daily-deal provider LivingSocial delivered a clutch hit for the Washington Nationals and the District on Thursday by offering to pay for extended Metro train service in October, if needed, when the ballclub enters the playoffs for the first time in decades.
In the face of steep federal spending cuts, D.C. Mayor Vincent C. Gray on Monday called on city lawmakers to pass a tax incentives bill for tech companies to diversify the nongovernment economy in the nation's capital and keep 21st-century innovators from fleeing the city with their coveted jobs.
Maryland's football season ticket sales are down 18 percent from a year ago, one last lingering hit for the cash-strapped athletic department from a rough 2011 on the field.
