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Tim Devaney

Tim Devaney was a national reporter who covered business and international trade for The Washington Times.

Articles by Tim Devaney


Duggan elected mayor in Detroit

Voters in Detroit — a city at the heart of the civil rights movement and a stronghold of black political influence — have elected their first white mayor since the 1970s. Published November 5, 2013

Shades of Solyndra: Team Obama mum as another green energy firm went bust

Failing to heed the lessons of the Solyndra debacle, Energy Department officials kept quiet about their knowledge that a government-backed electric car charger company was sliding toward bankruptcy and putting taxpayer money at risk, the agency's chief watchdog has found. Published November 5, 2013

** FILE ** A Twitter logo hangs at the offices of Twitter Inc. in San Francisco in 2010. (AP Photo/Jeff Chiu)

Investors wary as Twitter preps IPO: Poll

Thanks to Facebook, social media sticker shock may be at an all-time high on Wall Street. That's bad news for Twitter, as the micro-blogging site prepares to go public on Thursday. Published November 4, 2013

Rep. Charles Boustany, Lousiana Republican (Associated Press)

Hill caucus formed to boost Asian trade deal

A bipartisan group of lawmakers in the House are forming a new caucus to promote a new free-trade deal that would open up markets around the Pacific Rim, including the high-coveted Japanese market. Published October 29, 2013

** FILE ** In this Oct. 28, 2013, file photo, Apple CEO Tim Cook, holding the new iPad Air, said he remains confident the company can provide the products consumers want. (ASSOCIATED PRESS)

Earnings up but profit down at Apple during fourth quarter

Investors expressed mixed reactions Monday to Apple's fourth-quarter earnings report, as revenues ticked up, but profit fell sharply by 8 percent for the technology giant that once ruled Silicon Valley Published October 28, 2013

President Barack Obama pauses while speaking in the Rose Garden of the White House in Washington, Monday, Oct. 21, 2013, on the initial rollout of the health care overhaul. Obama acknowledged that the widespread problems with his health care law's rollout are unacceptable, as the administration scrambles to fix the cascade of computer issues. (AP Photo/Charles Dharapak)

Markets aren’t punishing Obamacare contractors — yet

The companies the Obama administration hired to build the president's new health care website,, have not yet taken a financial hit from the site's failed launch this month. Published October 24, 2013

In this Jan. 8, 2013 photo, a ship is loaded with cargo in Fort Lauderdale, Fla.  The U.S. trade deficit widened only slightly in August, dragged lower by a modest decline in exports. U.S. farmers sold fewer agricultural products overseas, offsetting the best month of sales for American-made cars on record. The trade deficit grew 0.4 percent in August to $38.8 billion, the Commerce Department reported Thursday, Oct. 24, 2013. That's up from $38.6 billion in July. (AP Photo/J Pat Carter) *FILE*

U.S. trade deficit up in August

The U.S. trade deficit continued to grow in August, even as the Obama administration negotiates a massive trade deal with the European Union that officials hope will add an estimated $130 billion to the economy. Published October 24, 2013

POWER: Adrian Leslie and other employees at Volkswagen's new plant in Chattanooga, Tenn., could help determine the future of the UAW. (Associated Press)

‘Transplant’ laborers may put brakes on UAW drive in right-to-work states

A United Auto Workers drive to organize workers at the Volkswagen Passat plant in Tennessee is turning into a critical battle in labor's drive to breach the wall of foreign automakers who have flocked to the American South and other right-to-work states in recent years to open nonunion plants. Published October 23, 2013

Sen. Marco Rubio, Florida Republican, gestures as he speaks at the Values Voter Summit, sponsored by the Family Research Council Action, on Friday, Oct. 11, 2013, in Washington. (AP Photo/Jose Luis Magana)

Sen. Marco Rubio defends vote against short-term debt deal

Sen. Marco Rubio, a Florida Republican who voted against reopening the government last week in an effort to defund the Affordable Care Act, blamed President Obama and Senate Democrats for the government shutdown. Published October 20, 2013

Canadian Prime Minister Stephen Harper stands with European Commission President Jose Manuel Barroso after signing documents Friday, Oct. 18, 2013, at the European Commission in Brussels, Belgium. (AP Photo/The Canadian Press, Adrian Wyld)

EU and Canada forge landmark trade pact

The European Union agreed to a trade deal with Canada on Friday that will put pressure on the United States to complete its own transatlantic pact. Published October 18, 2013

Joseph Silverman / The Washington Times file
Redskins owner Dan Snyder.

Renaming the Redskins could have a major financial impact

Racial sensitivities and tradition aside, there are economic costs and benefits if the Washington Redskins decide to drop their storied name, putting the franchise in a tough spot with major financial ramifications at stake. Published October 17, 2013

Rep. Robert W. Goodlatte, Virginia Republican, says any Internet sales tax his committee would consider must be simple for online merchants to administer. (Associated Press)

Backers of tax on Web sales renewing push

Now that the government shutdown is over, House Republicans may turn their attention back to passing a bill that would let states charge online shoppers sales tax when they buy from websites such as Amazon and eBay. Published October 17, 2013

FILE - In this  Wednesday, Nov. 17, 2010, file photo, Twitter co-founder and former CEO Evan Williams speaks at the Web 2.0 Summit in San Francisco. Williams, a Twitter co-founder who was CEO for two years until Costolo took over in 2010, owns a 12 percent stake in the company, which means he is in line for the biggest jackpot once the company goes public. (AP Photo/Paul Sakuma, File)

Twitter’s IPO generates buzz, skepticism

Wall Street hasn't always been friendly to the darlings of Silicon Valley, but Twitter is hoping to buck the trend as it prepares for next month's highly anticipated IPO on Wall Street. Published October 15, 2013

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

Markets surge on news of possible shutdown deal

Wall Street rallied Wednesday morning amid news reports that Washington was moving closer to an agreement that would raise the debt ceiling and end the government shutdown. Published October 10, 2013