Senate Dems target big oil companies

(Gerald Herbert / AP)

A plan unveiled Tuesday would save $21 billion over the next decade by eliminating tax breaks for the nation’s five biggest oil companies, a move designed to counter Republican demands to rein in the soaring national debt without new taxes.

Deal with Microsoft may boost Skype

Deal with Microsoft may boost Skype

Purchase will put the free-calling service before vastly more computers users.

SEC urged to ease fundraising rules

SEC urged to ease fundraising rules

SEC Chairman Mary L. Schapiro charted a middle course through the political crossfire.

U.S., China reach ‘milestone’ accord

U.S., China reach ‘milestone’ accord

The two nations agree to cooperate on economic policy.

Stocks advance on earnings

Stocks advance on earnings

Stocks rise amid higher-than-estimated corporate earnings.

Asian stocks gain on outlook

Stocks rose for a third day Wednesday and South Korea’s won gained the most in three months amid signs the global economic recovery is picking up.

Apple, Google answer concerns

Apple, Google answer concerns

Lawmakers question whether practices ensure that mobile-phone users control their personal data.

Fed official calls for vigilance

Fed official calls for vigilance

Action may be taken against even the possibility of a surge of higher prices, Jeffrey M. Lacker says.

Iowa’s lessons in foreclosure crisis

Iowa’s lessons in foreclosure crisis

Reducing the principal of the mortgage is one solution called for on Capitol Hill.

Google unveils Ice Cream Sandwich, latest iteration of Android

Google unveils Ice Cream Sandwich, latest iteration of Android

They’re calling it “the one OS that works everywhere” — phones, tablets, and anything in between.

Ezra Klein

No-Brainer Awards for best ideas in Congress

Today I want to introduce the No-Brainer Awards: a roll call honoring some of the best legislative ideas you won’t see leading the evening news.

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Ezra Klein

Thomas Heath

Value Added: Waking up and smelling the tea

Jack of many trades Peter Martino has found success with a D.C. area four-store chainlet that sells loose teas.

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Thomas Heath

Michelle Singletary

Learning the price of financial ignorance

Geneen Roth was a victim of Bernard L. Madoff’s Ponzi scheme. She wrote a book about the financial lessons learned.

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Michelle Singletary

Steven Pearlstein

Mission impossible

In the budget battle, good sense doesn’t seem likely to prevail. Couldn’t we just call in the Navy SEALs?

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Steven Pearlstein

Post Tech

 Hayley Tsukayama

Questions for Apple, Google

At a Senate panel hearing on mobile privacy Tuesday, Apple and Google reps faced tough scrutiny.

Ezra Klein

 Ezra Klein

Reconciliation

Faster Forward

 Hayley Tsukayama

Google I/O: Android 3.1, Ice Cream Sandwich, Music Beta

Google offered up three announcements at today’s I/O Developers Conference

What's Your Take?

A recent study shows that affordable rentals are scarce. What’s your take?

Sure, the speeches sound great. Grim reality, indeed. This is why people want to own homes. Renting is a rip off. It has been the traditional penalty for not being able to save enough money for a down payment.

 

Post Business on Twitter

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For American retailers, Chinese can be tough customers: http://wapo.st/kjeeNk

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Report: Google to launch music service http://wapo.st/jkWhyn

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RT @ceciliakang: We'll live tweet the Microsft and Skype conference call on their deal beginning 11 a.m. EST: http://wapo.st/jSSF4J

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China chided over fiscal policies: http://wapo.st/ltGTr1

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On Leadership

Exploring leadership in the news

Steven Pearlstein and Raju Narisetti host this open and lively forum for discussions about what makes for great leadership. Check out On Leadership’s advice columns, videos, guest blogs and more.

Europe's financial contagion

Interactive graphic

Greece sneezed, and now most of Europe has a cold. The European debt crisis has already spread like a virus from Greece to Ireland, and other countries are now at risk. Economists call this the “contagion effect.”

Business Video

RBS's Cailloux Sees `Huge Uncertainty' Around Greek Debt

Video: RBS's Cailloux Sees `Huge Uncertainty' Around Greek Debt

May 11 (Bloomberg) -- Jacques Cailloux, chief European economist at Royal Bank of Scotland Plc, discusses the response by European policy makers to the Greek debt crisis. He talks with Mark Barton on Bloomberg Television's "Countdown."
U.K. Construction Struggles as Economy Faces `Headwinds'

U.K. Construction Struggles as Economy Faces `Headwinds'

May 11 (Bloomberg) -- Bloomberg's Elliott Gotkine reports on the outlook for the U.K. construction industry and economic growth. This report includes comments from Travis Perkins Plc Chief Executive Officer Geoff Cooper and Royal Bank of Scotland Group Plc Economist Ross Walker.
Maynard Sees Skype Boosting Microsoft Mobile Business

Maynard Sees Skype Boosting Microsoft Mobile Business

May 10 (Bloomberg) -- Jason Maynard, an analyst at Wells Fargo Securities, and Om Malik, founder of GigaOM, talk about Microsoft Corp.'s agreement to buy Skype Technologies SA for $8.5 billion. They speak with Emily Chang and Cory Johnson on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
Tewksbury Says Integrated Device to Play Role in 4G/LTE

Tewksbury Says Integrated Device to Play Role in 4G/LTE

May 10 (Bloomberg) -- Theodore Tewksbury, chief executive officer at Integrated Device Technology Inc., talks about the outlook for 4G/LTE mobile networks and the company's semiconductor products. He speaks with Pimm Fox on Bloomberg Television's "Pimm Fox." (Source: Bloomberg)
Shah Calls Skype `Attractive Opportunity' for Microsoft

Shah Calls Skype `Attractive Opportunity' for Microsoft

May 10 (Bloomberg) -- Sachin Shah, a special situations and merger arbitrage strategist at Capstone Global Markets LLC, talks about Microsoft Corp.'s agreement to buy Skype Technologies SA for $8.5 billion. He speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
Crockett Expects Better Disney Films to Help Studio Unit

Crockett Expects Better Disney Films to Help Studio Unit

May 10 (Bloomberg) -- Barton Crockett, analyst at Lazard Capital, talks about the decline in Walt Disney Co.'s second-quarter earnings and challenges at the company's film studio. The world's biggest theme-park operator said quarterly profit fell 1.2 percent, missing estimates. Crockett talks with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Flaherty Doesn't Want Sudden `Spikes' in Canadian Dollar

Flaherty Doesn't Want Sudden `Spikes' in Canadian Dollar

May 10 (Bloomberg) -- Canadian Finance Minister Jim Flaherty talks about the outlook for Canada's federal budget and economic growth, the nation's debt, the performance of the Canadian dollar and the importance of global trade to the country. Flaherty speaks with Adam Johnson at the Bloomberg Canada Economic Summit in Toronto on Bloomberg Television's "Taking Stock." Pimm Fox also speaks. (Source: Bloomberg)
Brookman Says More Mobile-Privacy Protections Needed

Brookman Says More Mobile-Privacy Protections Needed

May 10 (Bloomberg) -- Justin Brookman, director of the Center for Democracy & Technology, talks about today's Senate Judiciary subcommittee hearing into Apple Inc. and Google Inc.'s handling of mobile-phone user-location data. Brookman speaks with Emily Chang on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
Sullivan Says Google Disclosed Location Data Gathering

Sullivan Says Google Disclosed Location Data Gathering

May 10 (Bloomberg) -- Danny Sullivan, editor-in-chief at Search Engine Land, talks about today's Senate Judiciary subcommittee hearing into Apple Inc. and Google Inc.'s handling of mobile-phone user-location data. He speaks with Cory Johnson on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
Bloom Says EMeter Has Opportunity to Transform Utilities

Bloom Says EMeter Has Opportunity to Transform Utilities

May 10 (Bloomberg) -- Gary Bloom, chief executive officer of eMeter Inc., talks about the company's products and the utility industry. He speaks with Emily Chang on Bloomberg Television's "Bloomberg West." EMeter makes software to help utilities manage data and bolster energy efficiency. (Source: Bloomberg)
Green Sees Small Businesses Avoiding Investment Risk

Green Sees Small Businesses Avoiding Investment Risk

May 10 (Bloomberg) -- Michael Green, chief executive officer of Tenex Capital Management, talks about small business concerns including rising prices, interest rates and tax policy. Green speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
Altman Expects More M&A Activity in Technology Industry

Altman Expects More M&A Activity in Technology Industry

May 10 (Bloomberg) -- Roger Altman, co-chairman and founder of Evercore Partners Inc., talks about the global mergers and acquisitions market and the outlook for dealmaking in the technology, health care, energy and financial industries. He speaks with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart." (Source: Bloomberg)
U.S. Stocks Rise on Higher-Than-Estimated Earnings, M&A

U.S. Stocks Rise on Higher-Than-Estimated Earnings, M&A

May 10 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks rose for a third day as higher-than-estimated profit forecasts and Microsoft Corp.'s purchase of Skype Technologies SA bolstered optimism that earnings and takeovers will keep fueling the rally. Bloomberg's Matt Miller also speaks. (Source: Bloomberg)
Winblad Calls Microsoft Acquisition of Skype `Brilliant'

Winblad Calls Microsoft Acquisition of Skype `Brilliant'

May 10 (Bloomberg) -- Ann Winblad, managing director of Hummer Winblad Venture Partners, talks about Microsoft Corp.'s agreement to buy Skype Technologies SA for $8.5 billion. Winblad also discusses congressional hearings into the handling of mobile-phone user location data by Apple Inc. and Google Inc. She speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
Bianco Says U.S. Stocks May Fall 10-15% After QE2 Ends: Video

Bianco Says U.S. Stocks May Fall 10-15% After QE2 Ends: Video

May 10 (Bloomberg) -- Jim Bianco, president of Bianco Research LLC, discusses a possible stock market decline after the Federal Reserve ends its second round of quantitative easing at the end of June. Bianco also talks about commodity and silver markets. He speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Magna's Stronach Says Management, Labor `Have to Change'

Magna's Stronach Says Management, Labor `Have to Change'

May 10 (Bloomberg) -- Frank Stronach, founder of Canadian auto-parts maker Magna International Inc., talks about the state of the North American auto industry, management-labor relations, manufacturing competition from China and his appointment of Mike Harris, former Progressive Conservative premier of Ontario, as company chairman. Stronach speaks with Adam Johnson at the Bloomberg Canada Economic Summit in Toronto on Bloomberg Television's "Taking Stock." Pimm Fox also speaks. (Source: Bloomberg)

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Foreclosure system in chaos

Foreclosure system in chaos

Some major lenders have discovered many mortgage documents were faked, forged or otherwise mishandled.

Quarterly Investment Guide

Quarterly Investment Guide

FULL REPORT | Looking back and ahead after chaotic quarter — not a bad thing for oil firms.

The hard road back

The hard road back

These stories depict the crisis for manufacturing and construction workers and explain the pressures that have stalled creation of jobs for them.