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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

** FILE ** Wall Street, New York (AP Photo/Mark Lennihan, File)

Losses ease, but market slide continues

Wall Street slipped for a second straight day Thursday on more gloomy news on retail sales and jobless claims, but investors avoided the big drop that produced the biggest daily decline this year in prices the day before. Published June 2, 2011

South Korean firm wins major gas deal in Iraq

South Korean firm KOGAS on Wednesday signed a major deal to develop a major natural gas field in western Iraq β€” another sign that foreign rivals are proving tough competitors to American energy giants in Iraq eight years after the American-led invasion to oust Saddam Hussein. Published June 1, 2011

In tech world, job seekers call the shots

It's a good time to be job-hunting in the technology world. Even as the larger economy struggles with high unemployment, tech companies are competing for a "shortage" of talent. Published May 29, 2011

Earthquake rocks Sony bottom line

The aftershocks from Japan's devastating earthquake and tsunami in March are being felt on corporate bottom lines as electronics giant Sony Corp. Thursday became the latest manufacturer to take a major hit to its books. Published May 26, 2011

Alexis Carter gets her hair colored at Piaf Salon. A bill to be reintroduced by Rep. Janice D. Schakowsky would give the FDA more regulatory control over beauty products. Many salon workers favor the bill but not manufacturers. (Barbara L. Salisbury/The Washington Times)

Bill would give FDA more regulation of chemicals in cosmetics

The Food and Drug Administration would have more power to regulate toothpaste, deodorant, hair treatments and other beauty products under a bill proposed by an Illinois Democrat - a move critics consider regulatory overreach. Published May 25, 2011

Former Godfather's Pizza executive Herman Cain is among those cultivating the GOP grass roots in Iowa. (Herman Cain Presidential Exploratory Committee)

Cain: No talk about security until elected

GOP presidential hopeful Herman Cain said Sunday he doesn't have a plan for the war on terror and won't share his thoughts with voters until he gets into the White House. Published May 22, 2011

U.S. Sen. Jim DeMint, South Carolina Republican, criticizes Democrats and the NLRB for siding with Boeing unions in a labor grievance about locating an aircraft plant in South Carolina. (Associated Press)

DeMint rips labor board, Democrats in Boeing flap

South Carolina Republican Sen. Jim DeMint on Thursday criticized a National Labor Relations Board move to block a major new Boeing manufacturing facility in his state and said Democrats need to distance themselves from labor unions who are hurting the workers they are supposed to protect. Published May 19, 2011

Business credit cards lack protections

While a 2009 credit card reform law has brought more transparency and legal protections for regular cardholders, many consumers are still being targeted for business credit cards that don't carry the same safeguards, according to a new study. Published May 18, 2011

Sprint races to top of cellphone survey

Sprint Nextel Corp., not too long ago an industry punching bag for cellphone frustration, has climbed from "worst to first," according to a new customer satisfaction survey released Tuesday. Published May 17, 2011

Credit card rates stabilize after reforms

A new study finds that more than a year after provisions of a major credit card reform act took effect, the dire warnings of higher borrowing rates, bigger penalties and fewer options for consumers have not come to pass. Published May 16, 2011

"This kind of interference is inappropriate," said Senate Majority Leader Harry Reid about GOP pressure on the NLRB regarding Boeing's plan for a South Carolina plant.

Reid calls GOP moves in Boeing dispute ‘disgraceful’

The Senate's top Democrat strongly condemned what he called "inappropriate" attempts by Republican lawmakers to intervene in a simmering labor dispute now before the National Labor Relations Board. Published May 11, 2011

Treasury plans to start selling shares of AIG

The Treasury Department plans to start selling its dominant share of insurance giant American International Group, one of the largest recipients of corporate bailout funds during the 2008-09 financial crisis, as it slowly backs out of the private sector. Published May 11, 2011

A Boeing 787 Dreamliner takes off from Houston's George Bush Intercontinental Airport. (AP Photo)

Reid slams GOP ‘interference’ in Boeing labor clash

The Senate's top Democrat on Wednesday harshly condemned what he said were "inappropriate" attempts by Republican lawmakers to intervene in a controversial labor dispute now before the National Labor Relations Board. Published May 11, 2011

Apple, Google face Hill flak over breaches of device privacy

High-tech giants Google and Apple struggled to reassure lawmakers at a Capitol Hill hearing Tuesday that the companies can protect the privacy of mobile-device users, in light of recent reports that popular smartphones and tablet computers are secretly storing data on the whereabouts of customers. Published May 10, 2011

New open-shop Boeing plant sparks uproar

Neither side is budging in an increasingly bitter fight over aerospace giant Boeing's plans to start production on its 787 Dreamliner fleet at a new $2 billion plant in South Carolina β€” a move the National Labor Relations Board says was made to punish the company's union workers. Published May 9, 2011

Associated Press
White House National Security Adviser Tom Donilon, appearing on NBC's "Meet the Press," called the material seized from Osama bin Laden's compound in Pakistan β€œone of the great achievements in the history of intelligence.” He deflected questions about the role enhanced interrogation played in the raid.

Intel from bin Laden raid called a ‘treasure’

White House National Security Adviser Tom Donilon said Sunday the volume of information seized from the terrorist al Qaeda network during last week's mission to kill Osama bin Laden was "the size of a small college library." Published May 8, 2011

Arab Christians moving from Muslim communities

Arab Christians in Sterling Heights, Mich., are trying to separate themselves from a boisterous Muslim community that has served as a punching bag for "terrorism" stereotypes since Sept. 11. Published May 8, 2011

Rumsfeld: White House staff talks too much

Former Secretary of Defense Donald H. Rumsfeld said Sunday that White House staffers may be undermining intelligence efforts in the wake of the killing of Osama bin Laden by talking too much about what the American forces found in the terrorist leader's Pakistan compound. Published May 8, 2011

** FILE ** Tom Donilon (AP Photo/Ng Han Guan, File)

White House aide: Al Qaeda weakest since 2001

White House National Security Adviser Tom Donilon said on Sunday that the volume of information seized on the al Qaeda terrorist network during last week's mission to kill Osama bin Laden was "equivalent to a small college library." Published May 8, 2011