DOJ approves Verizon, cable company deal

(Justin Sullivan / GETTY IMAGES)

Federal officials imposed several conditions on the $3.6B deal in hopes of preserving competition in communities, but the robust digital competition once envisioned by policymakers has failed to develop in most of the nation, leaving dominant regional players offering expensive bundles of services for broadband Internet, phone and television from a single company.

New rules expose huge funding gaps
for public employee pensions

New rules expose huge funding gaps<br> for public employee pensions

They will put even more pressure on cash-strapped state and local governments to reduce benefits.

Romney says he has paid at least 13 percent tax rate for the past 10 years

Romney says he has paid at least 13 percent tax rate for the past 10 years

Rejecting claims by Senate majority leader, candidate offers fullest explanation to date of tax payments.

Geithners of Zeulenroda, Germany: ‘We have another mentality’

Geithners of Zeulenroda, Germany: ‘We have another mentality’

Town looks at its native grandson, U.S. Treasury Secretary Timothy Geithner, with pride, bemusement.

Study lays into 26 'kingpin' CEOs

Study lays into 26 'kingpin' CEOs

Companies, such as Boeing, paid their CEOs an average of $20.4M while paying little or no federal tax.

Ikea to launch budget hotel chain

Ikea to launch budget hotel chain

Property division of the Scandinavian furniture retailer is planning hotels in 100 locations across Europe.

Free haircut or Xbox, anyone?

Free haircut or Xbox, anyone?

Retailers try to lure customers with big back-to-school deals.

U.S. stocks advance

U.S. stocks advance

Stocks rise as building permits reach four-year high.

Facebook shares dip to a new low

Facebook shares dip to a new low

Social network stock dipped below the $20 mark for the first time after freeing new shares.

Judge says Apple is ‘smoking crack’ after seeing rebuttal witness list

Judge says Apple is ‘smoking crack’ after seeing rebuttal witness list

Things got heated in a California courtroom when Apple brought forward a 75-page witness list.

Agencies step up monitoring of
federal workers’ digital activities

Agencies step up monitoring of <br> federal workers’ digital activities

Privacy advocates are raising red flags about extent of monitoring, citing the potential for abuse.

Mortgage rates rise for third week

Mortgage rates rise for third week

Applications for mortgages fell 4.5 percent from the previous week.

Local Business News

Rising home prices push affordability lower in Washington metro area

Rising home prices push affordability lower in Washington metro area

Majority of units sold last quarter were to those earning area’s median family income of $106K.

Read more Capital Business news

Small Business News

Paul Ryan’s stance on small business

Paul Ryan’s stance on small business

Romney’s running mate has taken firm stances on taxes, regulations, spending and lending. Here’s an early primer for business owners.

Read more news from On Small Business

Business Blogs & Columns

Ezra Klein

Ezra Klein

Here’s the weird thing about Paul Ryan being named to the GOP ticket: It’s all part of Barack Obama’s plan.

Thomas Heath

Thomas Heath

District-based business consultant Tim Ogilvie tries to get people to turn their actions into habits.

Steven Pearlstein

Steven Pearlstein

When politicians say gambling will be a big new source of state revenue, reality rarely lives up to the promise.

Michelle Singletary

Michelle Singletary

COLUMN | Be careful about the information you share with the other driver — or face risk of identity theft.

Warren Brown

Warren Brown

The Chrysler Town & Country Limited minivan is the favorite man-dog road cave for me and my dog.

Allan Sloan

Allan Sloan

COLUMN | Why don’t the Fed and the Treasury think like Wall Street?

Steven Pearlstein

Steven Pearlstein

Powerhouse Caterpillar is set to prove that even unionized companies can operate as if they have no union.

Barry Ritholtz

Barry Ritholtz

The Glass-Steagall Act’s repeal in 1999 didn’t cause crisis, but that and deregulation made it worse.

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The drought of 2012

It has been more than a half-century since a drought this extensive hit the United States.

Keystone: Down the Line

A journey along the route of the controversial pipeline.

Apple’s new headquarters: A first look

Apple plans to revamp its sprawling campus in Cupertino, Calif. Here are the renderings.

Post Business on Twitter

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Romney says he paid 13 percent in taxes for the last 10 years. That doesn’t tell us much. http://t.co/P0IqLU1R

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Justice approves Verizon deal with cable companies http://t.co/dK4smYRB

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We’re having a ‘serious conversation’ over the issues! http://t.co/LqoBwydo

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Wonkbook: For 2 million illegal immigrants, change has come http://t.co/0pzcWnUQ

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Business Video

Facebook shares hit new all-time lows

Facebook shares hit new all-time lows

Facebook stock fell below twenty dollars per share Thursday, marking another low point in the continuing feed of bad news since its highly touted stock market debut.
Manufacturing in N.Y. Shrank; U.S. CPI Unchanged

Manufacturing in N.Y. Shrank; U.S. CPI Unchanged

Manufacturing in N.Y. Shrank; U.S. CPI Unchanged
U.S. retailers report strong sales in July

U.S. retailers report strong sales in July

U.S. retail sales rose in July by the largest amount in five months. The bump has been aided by back-to-school items, autos, furniture and clothing.
Standard Chartered Settles N.Y. Probe for $340M

Standard Chartered Settles N.Y. Probe for $340M

Standard Chartered Settles N.Y. Probe for $340 million
French, German growth outlook as Euro economy shrinks

French, German growth outlook as Euro economy shrinks

French, German growth outlook as Euro economy shrinks
China to Cut Reserve Ratio `Imminently,' Kowalczyk Says

China to Cut Reserve Ratio `Imminently,' Kowalczyk Says

China to Cut Reserve Ratio `Imminently,' Kowalczyk Says
U.S. housing inventory `tightening,' Kolko says

U.S. housing inventory `tightening,' Kolko says

Jed Kolko, chief economist of real-estate information service Trulia, talks about the outlook for the U.S. housing market.
StanChart Expected to Keep U.S. Banking License

StanChart Expected to Keep U.S. Banking License

StanChart Expected to Keep U.S. Banking License
StanChart Probe Seen to Carry Political Motive

StanChart Probe Seen to Carry Political Motive

StanChart Probe Seen to Carry Political Motive
Knight glitch visible within seconds: Analyst

Knight glitch visible within seconds: Analyst

Knight Capital Group, the trading firm whose technical glitch briefly caused trading chaos Wednesday, lost 75 percent of its value in the past two days, to $2.59 Thursday per share from $10.33 per share Tuesday at closing bell.
Knight Errors Show Transparency Need, Levitt Says

Knight Errors Show Transparency Need, Levitt Says

Knight Errors Show Transparency Need, Levitt Says
Federal Reserve: No new action despite slowing U.S. economy

Federal Reserve: No new action despite slowing U.S. economy

The Federal Reserve said Wednesday that the economy is losing strength but took no actions. Policymakers did pledge to take further steps to stimulate growth if the job market doesn't show sustained improvement. U.S. markets closed down on the news.
ADP Jobs Data `Positive,' Nomura's Alexander Says

ADP Jobs Data `Positive,' Nomura's Alexander Says

ADP Jobs Data `Positive,' Nomura's Alexander Says
ECB Promises Unlikely to Reassure Markets; Bonds

ECB Promises Unlikely to Reassure Markets; Bonds

ECB Promises Unlikely to Reassure Markets; Bonds
FBI releases video of missing Georgia bank director

FBI releases video of missing Georgia bank director

FBI releases video of missing Georgia bank director
Facebook Q1 earnings hit expectations; stock price tumbles to new lows

Facebook Q1 earnings hit expectations; stock price tumbles to new lows

Facebook reported $1.18 billion in revenue for its first ever public quarter, hitting near and even surpassing some analyst expectations. But that didn’t stop its stock price from hitting record lows.
Townhouses face the waterfront at the Dockside Green residential development in Victoria, British Columbia, Canada, on July 12, 2008. The 26-building, 1.3-million-square-foot (120,000-square-meter) project will feature a heating plant fed by waste wood chips, and is aiming to achieve a LEED platinum award from the Canada Green Building Council. Photographer: Enrico Dagostini/Busby Perkins + Will via Bloomberg News  EDITOR'S NOTE: NO SALES. EDITORIAL USE ONLY.

World’s best real estate markets

Home prices may be slipping in the U.S., but they’re booming in some other nations. Here’s a list of the 10 countries that saw the greatest increase in housing prices last year.

The nation’s unemployment picture

Use this graphic to explore how the unemployment rate around the country has changed over the last year.