WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Windows Phone 8.1 gets an update; Cortana goes to China and UK
Windows Phone 8.1 is getting an update that includes live folders -- essentially groupings of live tiles on the Start screen -- while digital voice assistant Cortana is now headed to Windows Phones in China and the UK.
Jul 31, 2014 | 8:31 AM
GOP blocks tax hike on firms moving overseas
Republican senators blocked an election-year bill Wednesday to limit tax breaks for U.S. companies that move operations overseas.
Jul 31, 2014 | 8:31 AM
Amazon to invest $2 bln to expand in India
The world's largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees.
Jul 31, 2014 | 8:31 AM
Samsung profit falls as smartphone sales slow
SEOUL, South Korea (AP) — Samsung Electronics Co. reported a bigger-than-expected fall in second quarter profit on Thursday and said it was uncertain if earnings from its handset business would improve in the current quarter. Robert Yi, head of...
Jul 31, 2014 | 8:31 AM
New 'know your customer' rules proposed for banks
Under current rules financial firms are required to report suspicious transactions to authorities in order to prevent the financial system from being used to launder proceeds from illegal activities or for financing terrorism. Several high-profile...
Jul 31, 2014 | 8:31 AM
US judge slaps $1.3B fine on Bank of America
NEW YORK (AP) — A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments. A jury found in October 2013...
Jul 31, 2014 | 8:31 AM
Whole Foods plans major marketing push
NEW YORK (AP) — Whole Foods is getting ready to launch its first national marketing campaign and expand home delivery as it looks to fend off bigger players muscling into the organic and natural foods category. [...] he said the company will...
Jul 31, 2014 | 8:31 AM
Wisconsin Supreme Court upholds 2011 union law
The Wisconsin Supreme Court on Thursday upheld the 2011 law that effectively ended collective bargaining for most public workers, sparked massive protests and led to Republican Gov. Scott Walker's recall election and rise to national prominence.
Jul 31, 2014 | 7:31 AM
House GOP scrambles for votes on border bill
House Republicans, scrambling to win conservative support for a bill addressing the immigration crisis on the border, have scheduled a companion vote on legislation to block President Barack Obama from extending deportation relief to any more...
Jul 31, 2014 | 7:31 AM
Argentina slides into default as debt talks fail
The collapse of talks with U.S. creditors sent Argentina into its second debt default in 13 years and raised questions about what comes next for financial markets and the South American nation's staggering economy.
Jul 31, 2014 | 7:31 AM