WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Former agent pleads guilty in Silk Road drug site probe
SAN FRANCISCO  — A former Secret Service agent has pleaded guilty to charges related to the theft of electronic currency during a high-profile investigation into the online drug bazaar Silk Road. Shaun Bridges entered the plea Monday to money...
Aug 31, 2015 | 7:31 PM
Uniqlo Bellevue store to open Oct. 16
The store will occupy nearly 16,000 square feet in space that formerly housed a JC Penney. It’s one of several high-profile retailers repopulating the part of Bellevue Square left vacant by the struggling department store chain
Aug 31, 2015 | 6:31 PM
Wal-Mart cutting back on hours for workers at some stores
NEW YORK (AP) — Wal-Mart says it is asking some stores to schedule workers for fewer hours, although it says the directive is only being given to stores that are assigning more hours than they were expected to. The world’s largest retailer...
Aug 31, 2015 | 6:31 PM
Michelin recalls truck, RV tires prone to rupturing
Michelin is recalling around 104,000 BF Goodrich tires used for light trucks and recreational vehicles because the sidewalls can rupture under severe use conditions.
Aug 31, 2015 | 5:31 PM
Fed Vice Chair Fischer keeps open possibility of Sept. hike
WASHINGTON (AP) — Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have kept inflation below the central bank's target level have likely begun to fade. Investors...
Aug 31, 2015 | 5:31 PM
Berkshire Hathaway builds stake in refiner Phillips 66
Billionaire investor Warren Buffett's company has amassed a stake worth nearly $4.5 billion in Phillips 66 more than a year after trading a chunk of its holding in the oil refiner for a chemical business investment.
Aug 31, 2015 | 5:31 PM
Calm on Wall Street: A turbulent week ends on a placid note
Well, that was exciting. Days after China threw the biggest scare into Wall Street in years, U.S. stocks have come surging back and ended the week Friday on a placid note that suggested the worst may be over for now. Even so, investors are buckling...
Aug 31, 2015 | 4:31 PM
Appeals court reverses ruling that found NSA program illegal
WASHINGTON (AP) — A federal appeals court on Friday ruled in favor of the Obama administration in a dispute over the National Security Agency's bulk collection of telephone data on hundreds of millions of Americans. The ruling is the latest in a...
Aug 31, 2015 | 4:31 PM
Pentagon funding new high-tech venture
MOUNTAIN VIEW, Calif. (AP) — Defense Secretary Ash Carter announced Friday that the Pentagon is funding a new venture to develop cutting-edge electronics and sensors that can flex and stretch and could be built into clothing or the skins of ships...
Aug 31, 2015 | 4:31 PM
BY THE NUMBERS: The stock market's wild week
The U.S. stock market had a wild week as investors fretted about the declining health of the Chinese economy. The number of points that the Dow Jones industrial average lost in the opening minutes of trading Monday. A drop of that magnitude is...
Aug 31, 2015 | 4:31 PM

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