WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Facebook's Messenger app to mix business with more pleasure
By the end of April, Messenger will also be adding the ability to display store receipts and shipping information to help consumers keep track of their interactions with merchants and other businesses. Since Messenger's introduction four years ago...
Mar 26, 2015 | 4:26 PM
Silicon Valley gender discrimination lawsuit goes to jury
During closing arguments, attorney Therese Lawless told the jury to let defendant Kleiner Perkins Caufield & Byers and other firms know that everybody deserves a fair and equitable workplace. The lawsuit has shined a light on gender imbalance...
Mar 26, 2015 | 4:26 PM
Maersk Line in major container order with China's COSCO
COPENHAGEN, Denmark (AP) — Maersk Line says it has ordered seven ice-class container vessels from Chinese shipyard COSCO as a first step in a $15 billion investment program. The world's largest container company, Maersk Line is on a five-year...
Mar 26, 2015 | 4:26 PM
Shell cuts staff numbers in North Sea operations
Paul Goodfellow, Shell's upstream vice President for the U.K. and Ireland, says that despite tax breaks pledged by the British government, the industry had to double "its efforts to tackle costs and improve profitability if the North Sea is to...
Mar 26, 2015 | 4:26 PM
HJ Heinz buys Kraft to build $28 billion food giant
NEW YORK (AP) — Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of the world's largest food and beverage...
Mar 26, 2015 | 3:26 PM
Silicon Valley gender discrimination lawsuit goes to jury
SAN FRANCISCO (AP) — Jurors began deliberating Wednesday in a gender bias case that has drawn attention to the treatment of women in Silicon Valley after hearing an impassioned plea urging them to send a strong message to the venture capital...
Mar 26, 2015 | 3:26 PM
US stocks extend losses to a fourth day, oil price gains
NEW YORK (AP) — U.S. stocks are edging lower in midday trading, extending the market's losses to a fourth day. SanDisk dropped 17 percent, the most in the S&P 500, after the maker of flash memory chips cut its revenue forecast.
Mar 26, 2015 | 3:26 PM
Business Highlights
NEW YORK (AP) — Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of the world's largest food and beverage...
Mar 26, 2015 | 2:26 PM
UAW union head says no to new level of low wages for workers
DETROIT (AP) — The leader of the United Auto Workers union has rejected a new level of lower wages for members who make auto parts ahead of contract talks with automakers that start in the summer. Speaking Wednesday at the union's national...
Mar 26, 2015 | 12:26 PM
PayPal to pay $7.7M in sanctions violations settlement
The Office of Foreign Assets Control, an agency of the Treasury Department, announced Wednesday the civil settlement with the digital payments processor. OFAC also said that PayPal processed $7,091.77 in transactions in a customer account...
Mar 26, 2015 | 10:26 AM