WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Tesla posts 2Q loss, prepares Nevada factory site
(AP) — Electric car maker Tesla Motors widened its loss in the second quarter as it prepared for the launch of a new SUV and started work on a massive new battery plant. "Before we go to the next stage of pouring a lot of concrete, we want...
Aug 1, 2014 | 9:01 AM
Facebook's Internet.org expands in Zambia
Facebook has already been working with mobile operators around the world to offer its own service free of charge to phone subscribers — think of it as a gateway to the rest of the Internet. Online services accessible through the app range from...
Aug 1, 2014 | 9:01 AM
LinkedIn stock jumps after 2Q results
NEW YORK (AP) — Shares of LinkedIn Corp. jumped Thursday after the professional networking service reported a second-quarter loss but still topped analysts' expectations. The results come on the heels of better-than-expected quarterly reports from...
Aug 1, 2014 | 9:01 AM
Dow has worst drop since February: What happened?
The Dow Jones industrial average plunged 317 points on Thursday, wiping out its gain for the year. A number of large U.S. companies reported poor quarterly results or forecasts, including Whole Foods Market and Exxon Mobil. Tensions are escalating...
Aug 1, 2014 | 9:01 AM
Steelmaker ArcelorMittal sees US, Europe improving
AMSTERDAM (AP) — ArcelorMittal, the world's largest steelmaker, says it swung to a profit in the second quarter on higher steel shipments and better margins, and it sees improving markets in the United States and Europe. The company's founder and...
Aug 1, 2014 | 9:01 AM
Tesla says decision on battery factory months away
(AP) — Electric car maker Tesla Motors said Thursday that it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other sites. "Any potentially duplicative investments are minor compared...
Aug 1, 2014 | 9:01 AM
As US job market strengthens, many don't feel it
For millions of workers, happy days aren't quite here again.
Aug 1, 2014 | 8:01 AM
Federal Home Loan Bank here eyes merger with Midwest counterpart
The Federal Home Loan Bank of Seattle and its larger sister bank in Des Moines, Iowa, said Thursday they are exploring a merger that would create the national finance network’s largest cooperative by membership.
Aug 1, 2014 | 8:01 AM
Boeing raises jet prices 3.1%
Boeing said it raised prices by about 3.1 percent for the commercial aircraft that drive most of its sales, almost twice the rate of increase last year.
Aug 1, 2014 | 8:01 AM
World stocks extend slump on Wall Street sell-off
World stock markets sank on Friday, with European benchmarks opening sharply lower after Wall Street's sharp sell-off. Asian stock markets posted modest losses as strong reports on China's economy countered some of the pessimism.
Aug 1, 2014 | 8:01 AM