WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Taiwan pilot in February TransAsia crash described as hasty
TAIPEI, Taiwan (AP) — A pilot described by colleagues as nervous and hasty mistakenly throttled down a still-running engine following a glitch with the other engine in an airline crash that killed 43 people in Taiwan in February, flight safety...
Jul 2, 2015 | 11:02 AM
Sweden cuts key interest rate again citing Greek crisis
The Riksbank on Thursday lowered the repo rate by 0.10 percentage points, saying its "expansionary monetary policy is having an effect and inflation is rising."
Jul 2, 2015 | 11:02 AM
Rainbow Facebook photos: Armchair activism or shifting tide?
NEW YORK (AP) — You may have noticed your Facebook friends getting considerably more colorful. More than 26 million Facebook profile photos have taken on a rainbow hue in the days since the U.S. Supreme Court ruled on Friday that marriage is a right...
Jul 2, 2015 | 10:02 AM
Asian stocks gain as US data eclipses Greek risk
SEOUL, South Korea (AP) — Asian stocks were higher on Thursday as strong U.S. payroll data overshadowed worries about Greek debt. The Institute for Supply Management, a trade group of purchasing managers, said its manufacturing index rose to the...
Jul 2, 2015 | 10:02 AM
US sues to block GE appliance business sale to Electrolux
NEW YORK (AP) — The U.S. government is seeking to stop Electrolux from buying General Electric's appliance division, saying the combined company would dominate sales of ovens and other cooking-related kitchen appliances, especially to customers like...
Jul 2, 2015 | 10:02 AM
Former federal agent pleads guilty to extortion
SAN FRANCISCO (AP) — A former undercover drug agent pleaded guilty Wednesday to extortion and other charges after authorities said he used his position to steal more than $700,000 in digital currency, most of it siphoned from an online drug bazaar...
Jul 2, 2015 | 10:02 AM
What crisis? Stronger banks, economies ease fear over Greece
In 2012, financial markets were rattled by the possibility that Greeks would elect a left-wing government, default on their debts and drop the euro currency. "If things go off the rails and Greece is pushed out of the eurozone, the fallout should...
Jul 2, 2015 | 10:02 AM
Google’s new app blunders by calling black people ‘gorillas’
SAN FRANCISCO (AP) — Google’s new image-recognition program misfired badly this week by identifying two black people as gorillas, delivering a mortifying reminder that even the most intelligent machines still have lot to learn about human...
Jul 2, 2015 | 9:02 AM
3,000 baby floats recalled because they can deflate
The U.S. Consumer Product Safety Commission said Wednesday that the seams on the floats, distributed by Otteroo Corp. of San Francisco, can leak air. Customers should stop using the float and contact Otteroo for a replacement, the CPSC said.
Jul 2, 2015 | 9:02 AM
CEOs of mortgage giants Fannie and Freddie get big raises
NEW YORK (AP) — The CEOs of government-backed mortgage giants Fannie Mae and Freddie Mac are getting large raises, to about $4 million a year, as the government relaxes rules that were imposed on the companies after they suffered big losses and were...
Jul 2, 2015 | 9:02 AM