Business

Business

The business lobby's chance to do right

(c) 2017, The Washington Post. The Business Roundtable, which represents the chief executives of the largest American companies, has always fancied itself as the business lobby that rises above the grubby pursuit of narrow self-interest, that eschews partisanship and hard-edge ideology, that...


Business

Financial Markets Glance

Dow Jones Industrials High: 23,433.77 Low: 23,356.01 Close: 23,358.24 Change: —100.12 Other Indexes Standard&Poors 500 Index: 2578.85 —6.79 NYSE Index: 12,302.90 —0.38 Nasdaq Composite Index: 6782.79 —10.50 NYSE Amer Composite: 2601.48 +7.54 Russell 2000 Index: 1492.82 +5.94 Wilshire 5000 TotalMkt:...


Business

Parents were asked how they felt about smart toys. Here's what they said.

(c) 2017, The Washington Post. It’s common for tech companies to say that people who are worried about their products don’t understand them. “Get to know the product,” comes the message. “Read up, and you’ll come around.” But does that work? If you look at one recent study, the answer is: not...


Business

StitchFix goes public, marking the first tech IPO led by a woman this year

(c) 2017, The Washington Post. Retail start-up Stitch Fix on Friday became the latest internet darling to go public, raising $120 million to help fuel future growth. But the initial public offering also marked another milestone: It was the first woman-led tech company to go public in more than a...


Business

For $200,000, Tesla will sell you the 'world's fastest' consumer car

(c) 2017, The Washington Post. Tesla’s very first car is back. It’s red. It’s fast. And it will cost you upward of $200,000. The Roadster, the electric sports car that put the automaker on the map, made a surprising appearance at Tesla’s semi-truck event late Thursday. The next-generation Roadster...


Business

Up to 3 feet of snow at Tahoe-area ski resorts

RENO, Nev. (AP) — Ski resorts around Lake Tahoe and the Sierra Nevada are picking up where they left off last season with a big dump of snow ahead of next week’s Thanksgiving holiday. The National Weather Service said Friday the Mount Rose Ski Resort on the southwest edge of Reno received more than...


Business

Ultra-wealthy win in Senate tax bill, other face hikes

Trump Congress Taxes

WASHINGTON (AP) — The ultra-wealthy, especially those with dynastic businesses — like President Donald Trump and his family — do very well under a major Republican tax bill moving in the Senate, as they do under legislation passed this week by the House. Want to toast the anticipated tax win with...


Business

U.S. stocks fall with dollar as Treasuries advance

(c) 2017, Bloomberg. U.S. stocks failed to add to the best rally in two months as the Treasury yield curve flattened further, raising concern about economic growth. The dollar dropped as the yen and gold gained. The S&P 500 Index slipped Friday to cap a second week of losses. The spread between two-...


Business

The Latest: Economic adviser talks tax bill with GOP foe

Trump Congress Taxes

WASHINGTON (AP) — The Latest on the Republican-pushed tax overhaul legislation (all times local): 3:55 p.m. The chairman of the Council of Economic Advisers says he met yesterday with a senator who opposes the senate’s tax overhaul plan. Kevin Hassett tells reporters at the White House Friday that...


Business

Purdue Is Said to Approach States in Bid to Settle Opioid Claims

(c) 2017, Bloomberg. Oxycontin maker Purdue Pharma is proposing a global settlement in an attempt to end state investigations and lawsuits over the U.S. opioid epidemic, according to people familiar with the talks. Purdue’s lawyers raised the prospect with several southern-state attorneys general...


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