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Report: IRS furloughs to cost more than they save
Planned furloughs at several federal agencies, including the Internal Revenue Service, are supposed to save the government money as the pinch from sequestration sets in. However, that's not the case at some places.
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LivingSocial latest victim of hacking
The Washington, D.C-based company said it was working with law enforcement officials to investigate the attack and was contacting customers in nearly all of the countries where it operates.
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Honda recalls thousands of Fits over stability issues
The recall affects cars from the 2012 and 2013 model years. Honda says the stability control system can let the car tilt too far before it applies the brakes to prevent a crash.
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LivingSocial posts $50 million loss for first quarter
D.C.-based LivingSocial posted a $50 million net loss in the first quarter of 2013, according to The Washington Business Journal.
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Cleaning company confronted by 7 On Your Side
A carpet cleaning company, "All Carpet and Upholstery," gets an "F" with the Better Business Bureau and refused to give an unhappy customer a refund. Then 7 On Your Side stepped in.
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Survey: Americans felt more secure in jobs in 2012
A new survey suggests that Americans are feeling more confident about the U.S. job market and economists say that could help boost the economy if it continues.
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Contractor CEOs take pay hikes as furloughs loom
The chairman of Lockheed Martin took a $2 million boost in pay last year even as the company announced possible furloughs and layoffs, and he's not alone in that camp, according to Federal Times.
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New home sales in March jump 1.5 percent
The Commerce Department said Tuesday that sales of new homes increased 1.5 percent. The gain brought the level higher than February's pace of 411,000, though below January's 445,000 - the fastest pace since July 2008.
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Internet sales tax bill moving forward in Senate
The bill would empower states to require online retailers to collect state and local sales taxes for purchases made over the Internet. The sales taxes would be sent to the states where a shopper lives.
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Online poker: Legal website launches in NV
Poker devotees will soon be able to skip the smoky casino and legally gamble their dollars away on the couch - at least in the state of Nevada.
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Beyond furloughs, budget cuts severely stunt federal hiring
The threat of budget cuts due to sequestration and other measures are not only enough to prompt massive layoffs at several government agencies, they've also stunted new hiring for years.
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Washington Business Report April 28, 2013
This week on Washington Business Report: Rebecca Cooper leads a roundtable discussion with Peter LaMotte, leader of Levick’s digital team, Gary Weaver from American University’s School of International Service and Peter Morici with the University of Maryland’s Smith School of Business.
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Reid announces vote delayed on Internet sales tax
Senate Majority Leader Harry Reid says senators have reached a deal to delay voting on a bill to tax Internet sales until after senators return from a weeklong vacation. A majority of Senate Republicans support the bill, which does not sit well with anti-tax crusaders.
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Orbital Sciences completes historic launch
Aitoro interview April 24, 2013
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Report: IRS paid billions in improper refunds last year
According to the Treasury Department's inspector general, the IRS doled out $11 billion in improper payments through the Earned Income Tax Credit in 2012.
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The top mergers and acquisitions of 2012
Wakeman interview April 22, 2013
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Lockheed Martin Corp. to see $825 million revenue drop
Bethesda-based Lockheed Martin Corp. will see a $825 million revenue drop in 2013 because of sequestration, severance payments and other issues, reports the Washington Business Journal.
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Washington Business Report April 21, 2013
Watch this week's episode of Washington Business Report, with guests Doug Watt, Boak and Ben Fischer.
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"Katie" weekdays at 4pm on ABC7 followed by Leon Harris and Alison Starling on ABC7 News at 5. Click here to find out more about "Katie!"
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Komen Race for the Cure 2013: Photos of the racers
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Photos of D.C. tiny houses
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Running of the Chihuahuas kicks off Cinco de Mayo weekend