WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Figures on government spending and debt
WASHINGTON (AP) — Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. Total public debt subject to limit March 2718,112,975Statutory debt limit18,113,000Total public...
Mar 31, 2015 | 1:31 AM
US consumer spending edges up 0.1 percent in February
Economists said the rise in the saving rate reflects in part the big drop in recent months in gas prices, which acts like a tax cut that leaves more money in consumers' pockets. "Households are still flush with the money saved from the big drop-off...
Mar 31, 2015 | 1:31 AM
Amazon.com offering to help get jobs done around the house
The recommendation system, called Amazon Home Services, marks the e-commerce company's latest attempt to expand its empire beyond online shopping. Amazon.com's move poses a potential threat to other online referral and business rating services,...
Mar 31, 2015 | 1:31 AM
Federal agents charged with stealing digital currency
SAN FRANCISCO (AP) — Two former federal agents were charged with fraud in the theft of digital currency during an investigation into an online black market known as Silk Road that let users buy and sell drugs and other illegal items, authorities...
Mar 31, 2015 | 1:31 AM
Tesla to unveil new product — likely a battery — next month
Tesla has already partnered with Solar City — a solar energy company chaired by Musk — on battery storage systems for businesses that charge up during peak sunlight hours and use the energy in the evening, when demand spikes and rates rise. Solar...
Mar 31, 2015 | 1:31 AM
McDonald's to test all-day breakfast beginning in April
The company said in a statement that the test is in response to customers who have said they'd like to eat breakfast foods outside the typical morning hours that they are served. The world's largest restaurant chain said the test will include a...
Mar 31, 2015 | 1:31 AM
How the Dow Jones industrial average fared Monday
U.S. stock indexes closed sharply higher on Monday following encouraging news on consumer spending and home sales. The latest round of corporate deals also helped lift the market.
Mar 31, 2015 | 1:31 AM
Rates for US Treasury bills edged up at weekly auction
WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels in two weeks. Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for making...
Mar 31, 2015 | 1:31 AM
Teva buying Auspex for $3.2 billion
NEW YORK (AP) — Teva Pharmaceutical Industries Ltd. is buying Auspex Pharmaceuticals for about $3.2 billion in a move to strengthen its position on central nervous system condition treatments. "The acquisition of Auspex is a significant step in...
Mar 31, 2015 | 1:31 AM
IBM to invest $3 billion in 'Internet of Things' unit
NEW YORK (AP) — IBM is investing $3 billion to build an "Internet of Things" division aimed at harnessing the massive trove of data collected by smartphones, tablets, connected vehicles and appliances and using it to help companies better manage...
Mar 31, 2015 | 1:31 AM