WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Falling corn prices stalk Monsanto, sending 2Q profits lower
WASHINGTON (AP) — Monsanto reported lower-than-expected earnings as slumping corn prices push farmers toward other crops, crimping sales of the company's best-selling biotech corn seeds. Monsanto's biotech seeds have genetically engineered traits...
Apr 1, 2015 | 9:01 AM
Who's Who in music streaming: Tidal, Spotify, Pandora & more
NEW YORK (AP) — Since Apple shook up the music world with iTunes a little more than a decade ago, online music has exploded and become the central way many people enjoy and discover music. For a monthly subscription of about $10, you can listen to...
Apr 1, 2015 | 9:01 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...
Apr 1, 2015 | 8:01 AM
Etsy expects IPO to raise as much as $267 million
NEW YORK (AP) — Online crafts retailer Etsy says it expects to raise as much as $267 million from an initial public offering values the company at up to $1.78 billion. The New York company says its IPO will include 16.7 million shares, and it...
Apr 1, 2015 | 8:01 AM
Buffett says he expects to buy more car dealerships
NEW YORK (AP) — Fresh off buying the nation's fourth-largest chain of car dealers, billionaire investor Warren Buffett says he expects to buy more dealerships even as a robust auto market makes showrooms more expensive. Both Buffett and Larry Van...
Apr 1, 2015 | 8:01 AM
Judge approves RadioShack sale to Standard General
RadioShack's bankruptcy plan calls for Sprint, the No. 3 U.S. wireless carrier, to operate dedicated "store within a store" shops in most of the locations acquired by acquired by General Wireless, a newly formed affiliate of Standard General LP....
Apr 1, 2015 | 8:01 AM
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 3018,112,975Statutory debt limit18,113,000Total public...
Apr 1, 2015 | 7:01 AM
How the Dow Jones industrial average fared Tuesday
U.S. stocks ended lower on Tuesday, erasing much of the market's gain from the day before. The broad decline came as traders seized on the final day of the quarter to do some profit-taking and prune their portfolios. The Nasdaq composite shed 46....
Apr 1, 2015 | 7:01 AM
Live in a Porsche? Designer labels draw Miami home buyers
SUNNY ISLES BEACH, Florida (AP) — The wow factor for Miami's skyscraper condos no longer comes from a dazzling Atlantic Ocean view. With a slew of residential and hotel developments, Miami is embracing the notion that homes, like cars, handbags and...
Apr 1, 2015 | 6:01 AM
Google Maps turns into Pac-Man's chomping grounds
SAN FRANCISCO (AP) — The virtual streets of Google Maps are being transformed into Pac-Man's chomping grounds in celebration of April Fools' Day. Google added the option to convert its popular navigation service into the Pac-Man video game on...
Apr 1, 2015 | 6:01 AM