WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Pfizer approves $11B stock repurchase plan
NEW YORK (AP) — Drugmaker Pfizer says it approved the repurchase of $11 billion in company stock. Repurchasing shares can help support a company's stock price and earnings per share.
Oct 24, 2014 | 6:24 AM
Enticing low rates, but impact could be limited
With mortgage rates sliding for a fifth straight week, the possibility of locking in a rate below 4 percent is tempting for consumers and could unleash a wave of refinancing. It may even convince some Americans to buy their first home.
Oct 24, 2014 | 5:24 AM
3rd spacewalk in 3 weeks at space station
Spacewalking astronauts doubled as trash men Wednesday, heaving an old science experiment and two antennas overboard at the International Space Station.
Oct 24, 2014 | 5:24 AM
Comcast wins more Internet customers, ad sales up
Comcast Corp.'s third-quarter net income jumped 50 percent in the third quarter, helped by a one-time tax settlement, growth in Internet subscribers and fewer defectors from its cable service.
Oct 24, 2014 | 5:24 AM
Zuckerberg speaks Chinese, Beijing students cheer
China may ban Facebook, but not its co-founder Mark Zuckerberg. The young billionaire delighted an audience of students at a prestigious Beijing university this week with a 30-minute chat in his recently learned Mandarin Chinese.
Oct 24, 2014 | 5:24 AM
US tech firm fined for underpaying Indian workers
SAN FRANCISCO (AP) — A Silicon Valley company is paying more than $43,000 in back wages and penalties after labor regulators found eight employees brought from India were grossly underpaid and overworked while assigned to a special project in the U....
Oct 24, 2014 | 5:24 AM
Early Apple computer sells for $905,000 at auction
A vintage Apple computer that was one of only 50 made in Steve Jobs' garage in 1976 sold for $905,000 at auction on Wednesday, far exceeding pre-sale estimates and outdoing a previous high price of more than $671,000 paid in Germany last year.
Oct 24, 2014 | 4:24 AM
Fuel costs ease, US airline profits soar
DALLAS (AP) — Profits are soaring at the biggest U.S. airlines as fuel prices drop — but don't expect fares to fall too. Heading into the busy holiday-travel period, the airlines expect even cheaper fuel, thanks to the nosedive in crude oil prices...
Oct 24, 2014 | 4:24 AM
Stocks surge as US companies report higher profits
NEW YORK (AP) — Stocks are closing with big gains after several major U.S. companies reported higher profits. Caterpillar and 3M led the gains among industrial stocks, which rose significantly more than the rest of the market.
Oct 24, 2014 | 4:24 AM
Fuel costs ease, US airline profits soar
Profits are soaring at the biggest U.S. airlines as fuel prices drop -- but don't expect fares to fall too.
Oct 24, 2014 | 3:24 AM