Business: Latest News, Pictures & Videos

Facebook, Mark Zuckerberg, Morgan Stanley sued in wake of IPO
5/23/12 8:22 PM
Several shareholders have filed lawsuits against Facebook, its executives and Morgan Stanley, saying investment bank analysts cut their forecasts for Facebook just before the IPO, and told only a handful of clients about it.
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Facebook stock freefall catches eye of regulators
5/23/12 8:54 AM
As shares of Facebook continue to tumble since last Friday's IPO, Wall Street watchdogs say they're looking to see if an insider knew about a negative company report in advance of trading.
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Washington Business Report May 20, 2012
5/18/12 4:45 PM
This week on Washington Business Report: Jon Lovitz, Josh Boak and Peter Morici.
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Facebook raises IPO price
5/15/12 7:17 AM
Mark Zuckerberg, who turned 28 on Monday, is celebrating by selling stock of Facebook for a higher price to the public.
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Avon considering Coty buyout offer
5/14/12 6:15 AM
Cosmetics maker Avon changed course on a buyout offer it had previously rejected, declaring Sunday that it would consider selling itself to Coty after Coty sweetened the deal.
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Class of 2012 leaves college with degrees...and jobs
5/13/12 11:15 AM
This year, many graduates are leaving school with more than just a degree. Unlike many graduates since the beginning of the Great Recession, they have jobs.
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The growth of a District Taco empire
5/11/12 6:49 PM
The rapid and successful growth of District Taco from food cart to two brick-and-mortar locations is impressive, but founder Osiris Hoil will quickly tell you that it's still a family business.
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Would you pay to highlight your Facebook posts?
5/11/12 1:26 PM
If you've always thought that your posts on Facebook were just a little bit more important than ones from anyone else, you might soon have a chance to prove it.
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Boeing's Dreamliner cruises into D.C. area
5/9/12 4:19 PM
The new Boeing 787 is made of composite material. It's lighter, uses less fuel, is cheaper to operate and it's a lot quieter.
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A food truck faceoff is brewing in Arlington
5/23/12 6:37 PM
As food trucks and mobile eateries continue to gain in popularity across the D.C. area, some Arlington restaurant owners are fed up with their increasing numbers.
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Facebook stock jumps, then settles after IPO
5/18/12 6:45 PM
The closing price means Facebook is worth about $105 billion, more than Amazon.com, McDonalds and storied Silicon Valley icons Hewlett-Packard and Cisco.
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Airline carrier plans to allow mile high cell phone calls
5/16/12 7:01 PM
A international airline carrier may soon allow passenger to make and take calls on their cell phones while in-flight.

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Best Buy Chairman steps down after CEO probe
5/14/12 8:28 PM
The founder and chairman of Best Buy has stepped down from the position following an investigation into an inappropriate relationship between the CEO and a female employee.
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Résumé controversy leads to Yahoo CEO's resignation
5/13/12 3:31 PM
Yahoo CEO Scott Thompson will step down following the discovery of discrepancies on his résumé.
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FBI cracks down on economic espionage
5/11/12 6:56 PM
American businesses are at almost constant risk of losing sensitive data, such as unique technology, to foreign hackers.
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Washington Business Report May 13, 2012
5/11/12 6:48 PM
This week on Washington Business Report: Mark Ein, Murphy Jensen, Kate Andersen Brower and Julie Kantor.
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A plumbing headache: Thousands paid for no work
5/9/12 6:18 PM
Last December, a Bowie mother and daughter hired a plumber to fix a leak in their kitchen. $3,500 later, they didn't get the work done, or their money back.
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Tanning mom inspires new action figure
5/8/12 6:15 AM
A New Jersey mother now infamous for allegedly bringing her 5-year-old into a tanning booth has inspired a new action figure.
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