WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Small investors blame losses on brokers they once trusted
The stream of interest payments she used for living expenses has mostly dried up and the value of her portfolio is half of what it was, according to a financial planner who helped her file a claim against the broker. The new rule would require...
Mar 30, 2015 | 10:30 AM
4 tips to avoid getting fleeced by your broker
Many mutual funds charge one-time "sales loads" or annual "12b-1" fees that come out of your pocket and go into theirs. Make sure to also ask about commissions, markups or hidden fees they may get for selling stocks, bonds and insurance products....
Mar 30, 2015 | 10:30 AM
ABN Amro directors renounce pay increase amid public outrage
THE HAGUE, Netherlands (AP) — ABN Amro board members are giving up a 100,000-euro ($110,000) pay increase after the Dutch government delayed a decision on selling the nationalized bank amid public outrage at the raise.
Mar 30, 2015 | 10:30 AM
Some British Airways frequent flier accounts miles breached
British Airways is not aware of any access to any personal information within Executive Club accounts, including travel histories or credit card details, according to spokeswoman Michele Kropf. The breach apparently was the result of a third party...
Mar 30, 2015 | 9:30 AM
Best Buy closes Canadian Future Shop brand, 1,500 lose jobs
The Richfield, Minnesota-based company also announced Saturday that it will close 66 of its Future Shop locations and rebranding the remaining 65 as Best Buy stores. All Future Shop gift cards will be accepted at any Best Buy Canada location and at...
Mar 30, 2015 | 9:30 AM
Duke Energy CEO loses $600K in pay over coal ash pollution
RALEIGH, N.C. (AP) — Duke Energy Corp. CEO Lynn Good saw her pay docked about $600,000 in the aftermath of last year's massive spill of collected coal ash that coated 70 miles of a North Carolina river in sludge containing toxic heavy metals....
Mar 30, 2015 | 9:30 AM
Experts: Sex bias case will embolden women despite verdict
SAN FRANCISCO (AP) — A long legal battle over accusations that a prominent Silicon Valley venture capital firm demeaned women and held them to a different standard than their male colleagues became a flashpoint in the ongoing discussion about gender...
Mar 30, 2015 | 9:30 AM
Jury says Silicon Valley firm did not discriminate
SAN FRANCISCO (AP) — A jury decided Friday that a prestigious venture capital firm did not discriminate or retaliate against a female employee in a case that debated gender imbalance and working conditions for women in Silicon Valley. If I helped...
Mar 30, 2015 | 8:30 AM
In NYC, an unusual task force fights home-as-hotel rentals
NEW YORK (AP) — From an office by the Brooklyn Bridge, a specialized team of investigators tackles a fast-growing concern in the nation's biggest city: apartments being rented like hotel rooms. Building and fire inspectors, police, lawyers, city...
Mar 30, 2015 | 8:30 AM
Audit: Maryland misallocated $28.4M for health exchange
The audit marked the first time the inspector general of the Department of Health and Human Services recommended that a state repay misallocated federal grant funds involving a health care exchange. States like Maryland that created their own...
Mar 30, 2015 | 7:30 AM