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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

Kassem Allie Executive Administrator of the Islamic Center of America

U.S. Muslims share jubilation

Arab Americans hope they finally can get the target off their backs now that al Qaeda leader Osama bin Laden is dead. Published May 3, 2011


Congress to try again to deal with debt

When Congress returns Monday, lawmakers will be back to tackling the issues of spending cuts and whether to raise the nation's debt ceiling, which could be critical to keeping loans out of default. Published May 1, 2011

Bid to curb campaign donors challenged

President Obama's plan to require government contractors to disclose campaign contributions is receiving a rocky reception from Republicans and even some advocates of transparency. Published April 28, 2011

In this photo taken Friday, Jan. 21, 2011, a sales representative shows a Blackberry with the Verizon logo in Hialeah, Fla. Verizon said Tyesday, Jan. 25, it attracted more than half a million smart-phone subscribers in the last quarter, showing strength even before it starts selling the iPhone in February.(AP Photo/Alan Diaz)

Apple: Products not designed to track users

Following a week of criticisms over potential privacy violations, personal computer maker Apple Inc. said Wednesday it does not pinpoint the movements of its iPhone and iPad customers, even though it does track them anonymously from a distance. Published April 27, 2011

Startups seek new form of microfinance

It seems simple enough. Small businesses in need of cash look online for investors willing to contribute as little as a buck. It's called "crowd funding," and many entrepreneurs love the idea. The problem? It's against SEC rules. Published April 26, 2011

Capital One ‘gaining momentum’

Capital One Financial Corp. is enjoying a resurgence in the credit card market as the recession and credit-card reforms fall into the rear view mirror. Published April 21, 2011

Trade pacts to go to Capitol Hill separately

The Obama administration's top trade official said Wednesday he is optimistic about passage of new free-trade agreements with South Korea, Colombia and Panama, but the pacts would be submitted to Congress separately and not as a packaged deal, as many Republicans have been urging. Published April 20, 2011

McDonald’s stages one-day hiring blitz

Fast-food giant McDonald's Corp. celebrated its first National Hiring Day on Tuesday with the largest one-day job spree in company history. Published April 19, 2011

**FILE** (Associated Press)

Shoppers squeezed by spat over debit card use

Consumers are finding themselves squeezed in a heavyweight bout between the nation's big banks and big retailers over the "swipe fees" imposed when shoppers use their debit card at the register. And both sides warn the little guy will suffer if the other side wins. Published April 18, 2011

** FILE ** Sen. Carl Levin, Michigan Democrat

Probe faults many for financial collapse

The Wall Street financial crisis of 2008, which led to the deepest recession since the Great Depression, might have been prevented if not for business and regulatory corruption, according to the most extensive congressional investigation to date. Published April 13, 2011

"The revenues lost to tax havens might have — all by themselves — resolved the [budget] problem," said Sen. Carl Levin. "Whether you, like me, believe the budget cuts proposed by House Republicans are too deep, or whether you are a tea party fan who would use that revenue to fund additional tax cuts, there is no doubt that closing down tax-haven abuse would make a big dent in the problems we face." (Associated Press)

Senator to introduce two bills to help combat tax evasion

Sen. Carl Levin, Michigan Democrat, chairs the Senate permanent subcommittee on investments, which estimated in 2006 that offshore tax abuses cost the nation about $100 billion in lost revenue. He plans to reintroduce two bills that could help combat tax evasion. Published April 12, 2011

Dane Ellis, a full-service attendant at the Exxon station at the corner of 4th Street and Pennsylvania Avenue in Southeast, pumps gas into a truck on Monday. Station manager David "Woody" Woodall said that sales volume hasn't dropped off. "We have a lot of regular customers that just need their gas, so they're going to come here every day anyway," he said. (Barbara L. Salisbury/The Washington Times)

Gas prices up; drivers cut back

As gas prices around the country soared to an average $3.77 a gallon on Monday, many stations are feeling the effects of price-weary drivers as business drops with each uptick in cost. Published April 11, 2011

Colombia has $200 million to widen its Internet access

Colombia is offering international companies $200 million to make the Internet available to its businesses and consumers, which is good news for U.S. companies coming on the heels of the White House's announcement that a free-trade agreement has been completed with the Latin American nation and will soon be sent to Congress for approval. Published April 7, 2011

Zoellick pushes Middle East economic reforms

Middle Eastern countries should seize the moment to institute major market-oriented reforms as they rebuild their economies and adjust to the political shifts transforming the region, World Bank President Robert B. Zoellick said in a Washington speech Wednesday. Published April 6, 2011

Online-privacy fears track technology

Talk of restricting advertisers from tracking consumers' online habits should be expanded beyond traditional computers to include newer devices capable of accessing the Internet if regulators want regulations to remain relevant in coming years, online privacy experts say. Published April 5, 2011

Airline service better; fliers grumpier

Travelers continue to grow frustrated with airlines, according to a study to be released Monday, despite minor improvements that have gone unnoticed. Published April 4, 2011

Republicans slam Obama’s strategy of contractors in Iraq, limits in Libya

Sen. Lindsey Graham said Sunday that the Obama administration's plan to replace troops in Iraq with private security contractors — what the South Carolina Republican referred to as a "mini State Department army" — puts hard-won American progress in that country at risk. Published April 3, 2011