Saturday, March 7, 2009

3/7 Wash Post Business

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Bollywood, Hollywood Tightening Film Ties
March 7, 2009 at 12:00 am

NEW DELHI -- The surprise success in the United States of the movie "Slumdog Millionaire" -- shot in India with Indian actors and musicians and based on an Indian novel -- has put the spotlight on the Indian film industry's ambitions of going global.


Recession Snags Plan for Wild Horse Sanctuary
March 7, 2009 at 12:00 am

The gauzy dream of Madeleine Pickens, the wife of billionaire T. Boone Pickens, to save thousands of wild horses from government slaughter and turn them free in an "ecosanctuary" is crashing against the reality of bureaucracy and recession.


Regulatory Reform Sought In Wake of Fraud Cases
March 7, 2009 at 12:00 am

In both multi-billion dollar cases, there were common warning signs.


Every Bank Failure Is Also a Beginning
March 7, 2009 at 12:00 am

The Community Bank of Loganville, Ga., helped to fund the transformation of rural Walton County to a booming Atlanta suburb. It lent hundreds of millions of dollars to people building houses, building churches, building strip malls.


In Obama Tax Plan, A Shift of Wealth From the Top Down
March 7, 2009 at 12:00 am

It has been called a Robin Hood budget: The spending plan President Obama sent to Congress last week would give the poor new tax cuts, new college loans and a new health care system by taking nearly $1 trillion from the rich in new taxes.


At Career Fairs, Anxiety and Hope for Job-Seekers
March 7, 2009 at 12:00 am

They are told to line up single file against the wall. No stampeding, nice and easy, the doors will open at 11.


In Ohio, Obama Calls for 'Bold Action' to Revive Economy
March 6, 2009 at 12:08 pm

COLUMBUS, Ohio, March 6 -- Faced with a deteriorating business climate and dogged Republican criticism of his measures to stem the decline, President Obama told 25 police recruits here whose layoffs were reversed by his stimulus plan that "bold action" is needed to revive the economy.


U.S. Unemployment Rate Jumps to 8.1 Percent
March 6, 2009 at 10:13 am

The nation's unemployment climbed above 8 percent last month and the economy shed 651,000 jobs, according to government data released this morning, further evidence of the deepening recession that has devastated the stock market and home prices and triggered the largest government recovery effort...


Markets Higher Despite Unemployment Report
March 6, 2009 at 10:10 am

Stocks surged in early trading today despite a government report showing the country's unemployment rate topped 8 percent last month, the highest level in more than 25 years.


No BPA For Baby Bottles In U.S.
March 6, 2009 at 12:00 am

The six largest manufacturers of baby bottles will stop selling bottles in the United States made with bisphenol A, a controversial chemical widely used in plastics but increasingly linked to a range of health effects.


Presidential Copter Cost in Rapid Climb
March 6, 2009 at 12:00 am

The defense contractor building a fleet of new presidential helicopters has privately advised the Pentagon that its total cost has gone up by at least $1.8 billion in the past year to $13 billion, several government officials said. The development makes the embattled program less likely to be...


Homeowner Rescue Bill Passes House
March 6, 2009 at 12:00 am

The House yesterday passed legislation that would allow bankruptcy judges to modify the terms of troubled home mortgages, overcoming fierce opposition from the financial industry.


Apple Store's Windows Get Georgetown Board's Okay
March 6, 2009 at 12:00 am

Apple is on its way to Georgetown. After ordering the computer company to revise its plans four previous times, an architectural review board embraced Apple's new design yesterday for a store it plans to open on Wisconsin Avenue.


With Help of Stimulus, FutureGen 'Clean Coal' Plant May Be Revived
March 6, 2009 at 12:00 am

Deep inside the economic stimulus package is a $1 billion prize that, in five short words, shows the benefits of being in power in Washington.


Europe Advises U.S. Officials on Climate
March 6, 2009 at 12:00 am

A clutch of leading international climate officials and negotiators who descended on Washington this week to press the United States for action on global warming say they got a clear message from the Obama administration and key lawmakers: The question now is not whether the nation will act, but...


Taiwan Says It Is Not Ready for Peace Talks With China
March 6, 2009 at 12:00 am

TAIPEI, Taiwan, March 5 -- Taiwanese President Ma Ying-jeou on Thursday ruled out any near-term prospect of peace talks with China, saying relations are too tenuous to consider discussing political or military issues.


Corporate America's Icons Crumbling Under Global Recession
March 6, 2009 at 12:00 am

The truisms have been familiar to generations of Americans: As General Motors goes, so goes the nation; Citigroup is too big to fail; General Electric, one of the 12 original companies in the Dow Jones industrial average in 1896, brings good things to life.


There's Now No Question: Region Is Not Recession-Proof
March 6, 2009 at 12:00 am

If you really want to get depressed, grab a copy of the latest Post 200 and run your eyes down our annual list of the region's largest public and private companies.


U.S. to Invite The Wealthy To Invest in The Bailout
March 6, 2009 at 12:00 am

The government is seeking to resuscitate the nation's crippled financial system by forging an alliance with the very outfits that most benefited from the bonanza preceding the collapse of the credit markets: hedge funds and private-equity firms.


Caught in the Financial Downdraft
March 6, 2009 at 12:00 am

President Obama and his aides this week were selling hope. The markets aren't buying.


At the Heart of North Korea's Troubles, an Intractable Hunger Crisis
March 6, 2009 at 12:00 am

SEOUL -- Behind the long-range missile it is preparing to launch and the stockpile of plutonium it claims to have "weaponized," North Korea has an embarrassing and insoluble weakness.


Ethanol Producers Press for Higher Limits
March 6, 2009 at 12:00 am

The nation's ethanol producers are urging the Obama administration to raise the 10 percent limit on ethanol in motor fuel to 15 percent or more, a move they hope will create new demand at a time when many distilleries are idle.

 

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