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Washington DC business news

Anheuser-Busch Buys Virginia Beer Company

Anheuser-Busch Buys Virginia Beer Company

Anheuser-Busch has announced an agreement to acquire Roseland, Virginia-based Devils Backbone Brewing Company. Read more »

Wednesday, Apr 13, 2016
Record For Longest Human Mattress Chain Topples

Record For Longest Human Mattress Chain Topples

An appliance and electronics-leasing company has broken the Guinness World Record for the longest chain of... Read more »

Tuesday, Apr 12, 2016
Pepco, Exelon Trying Last-Ditch Effort to Save Merger

Pepco, Exelon Trying Last-Ditch Effort to Save Merger

Pepco and Exelon are trying a last-ditch effort to get their $6.8 billion merger approved. Watch »

Monday, Mar 7, 2016
Proposed Rule May Allow Class-Action Suits Against Banks

Proposed Rule May Allow Class-Action Suits Against Banks

A rule proposed Thursday by the Consumer Financial Protection Bureau may ban mandatory arbitration clauses that... Read more »

Thursday, May 5, 2016
Hulu Will Offer Live-Streaming Service in 2017

Hulu Will Offer Live-Streaming Service in 2017

Hulu will offer a live-streaming service in 2017 that will provide a mix of cable and broadcast programming as well... Read more »

Wednesday, May 4, 2016
Aéropostale Files for Bankruptcy Protection

Aéropostale Files for Bankruptcy Protection

Aéropostale, once the vibrant epicenter of the U.S. mall scene, is seeking Chapter 11 bankruptcy protection. The... Read more »

Wednesday, May 4, 2016
Sports Authority to Auction Assets on May 16

Sports Authority to Auction Assets on May 16

National retail chain Sports Authority's future looks pretty bleak. The company announced in early March that... Read more »

Monday, May 2, 2016
Australian Claims He's Founder of Bitcoin Digital Cash

Australian Claims He's Founder of Bitcoin Digital Cash

An Australian man long thought to be associated with the digital currency Bitcoin has publicly identified himself as... Read more »

Monday, May 2, 2016
Rovi Buying TiVo in $1.1.B Cash-and-Stock Deal

Rovi Buying TiVo in $1.1.B Cash-and-Stock Deal

Rovi Corp. said Friday that it will pay $10.70 in cash and stock for each TiVo Inc. share. Read more »

Friday, Apr 29, 2016
Prime Help Boost Amazon's Profits

Prime Help Boost Amazon's Profits

Prime shoppers helped drive Amazon's surprise profit surge in the first quarter. Shares of the e-commerce giant... Read more »

Thursday, Apr 28, 2016
Facebook Reports Stronger-Than-Expected 1Q Results

Facebook Reports Stronger-Than-Expected 1Q Results

Facebook posted stronger-than-expected results for its first quarter, helped by a growing number of users and higher... Read more »

Wednesday, Apr 27, 2016
'Partners': Chobani CEO Gives Employees Shares in Company

'Partners': Chobani CEO Gives Employees Shares in Company

Chobani said Tuesday it is giving its employees an ownership stake in the privately held company. The Greek yogurt... Read more »

Wednesday, Apr 27, 2016
Fed Keeps Key Rate Unchanged, Gives No Hint of Next Hike

Fed Keeps Key Rate Unchanged, Gives No Hint of Next Hike

The Federal Reserve is keeping a key interest rate unchanged against the backdrop of a global economic slump and... Read more »

Wednesday, Apr 27, 2016
McDonald's Testing No-Preservative McNuggets

McDonald's Testing No-Preservative McNuggets

McDonald's is testing Chicken McNuggets with no artificial preservatives as it works to revive its U.S. Read more »

Wednesday, Apr 27, 2016
What To Do If You Are Audited by the IRS

What To Do If You Are Audited by the IRS

You've received a letter from the IRS regarding an audit. Stay calm and assess the situation. Read more »

Tuesday, Apr 26, 2016
DoJ Approves Charter Deal to Buy Time Warner Cable

DoJ Approves Charter Deal to Buy Time Warner Cable

The U.S. Justice Department approved Charter Communications' proposed purchase of Time Warner Cable and Bright House... Read more »

Monday, Apr 25, 2016
Sears, Kmart to Close 78 Stores Nationwide

Sears, Kmart to Close 78 Stores Nationwide

Sears Holdings Corp. will close another 78 stores — 68 Kmart units, and 10 Sears stores — as it looks to restore... Read more »

Friday, Apr 22, 2016
Trans-Alaska Pipeline Resumes Oil Production After Fire

Trans-Alaska Pipeline Resumes Oil Production After Fire

The Trans-Alaska Pipeline resumed operations after a fire at a pumping station forced officials to shut it down... Read more »

Thursday, Apr 21, 2016
Intel to Cut 12K Jobs, Reducing Workforce by 11 Percent

Intel to Cut 12K Jobs, Reducing Workforce by 11 Percent

Shares of Intel fell nearly 3 percent after the bell Tuesday as it announced it would cut 12,000 jobs, or 11 percent... Read more »

Tuesday, Apr 19, 2016
Last-Minute Tax Day Filing: How to Pay Uncle Sam at Deadline

Last-Minute Tax Day Filing: How to Pay Uncle Sam at Deadline

Waiting until the last minute to pay your taxes can cost you if you are expecting a refund, since the government... Read more »

Monday, Apr 18, 2016

The Kentucky Derby

 
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