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05/17/2008 05:00 AMBooz Allen Units to Part Ways The consulting firm Booz Allen Hamilton said yesterday it is splitting up, selling its U.S. government business to private-equity firm Carlyle Group for $2.54 billion and spinning off its commercial business into a separate company.
05/17/2008 05:00 AMPaulson Upbeat on Economy and Markets, but Not Housing Treasury Secretary Henry M. Paulson Jr. said yesterday that financial markets have stabilized since March, when the collapse of investment house Bear Stearns roiled Wall Street, and said he expects economic growth to rebound by the end of the year.
05/17/2008 05:00 AMPriced to Sell General Electric is pulling the plug on its iconic appliances division.
05/17/2008 05:00 AMMontgomery Passes Preliminary Budget That Raises Tax Bills Montgomery County Council members unanimously backed a $4.3 billion budget yesterday that would increase property tax bills for the average homeowner by about 13 percent and leave labor union contracts untouched. 
05/17/2008 05:00 AMOn Climate, Symbols Can Overshadow Substance In March of last year, the World Wildlife Fund in Australia teamed up with Leo Burnett, the multinational advertising agency that created the Marlboro Man, to come up with a new environmental campaign called Earth Hour. The idea was to get 2 million residents in Sydney to turn off all the lights in...
05/16/2008 05:00 AMWomen Rise in Rwanda's Economic Revival MARABA, Rwanda -- Sun-kissed plantations ring this village, renowned in recent years for growing the rich arabica beans brewed and served in some of the world's finest coffee houses. But the secret to success here has had far less to do with the idyllic climate and volcanic soil than with a group...
05/16/2008 05:00 AMLockheed Wins GPS Satellite Contract The Air Force awarded Lockheed Martin a $1.5 billion contract to build the military's next generation of navigation satellites, crucial for the growing demand by the military, companies and consumers for technology that pinpoints and tracks location.
05/18/2008 05:00 AMThe Fed's Three-Year Outlook The most interesting economic numbers to be released this week won't be backward-looking. Federal Reserve policymakers on Wednesday will give a sense of how they see the economy shaping up over the next three years in projections that accompany the release of minutes from the Fed's last policymaking... 
05/18/2008 05:00 AMKeeping Your Profile Clean A careless comment in your blog (or in someone else's). An embarrassing incident recounted in your local newspaper. A racy photo on MySpace. Any of these can sully your online reputation.
05/18/2008 05:00 AMMonsanto's Dominance Continues Simply put, Monsanto helps farmers grow more food than they would otherwise. And the company can charge a pretty penny for its assistance thanks to innovative products, such as seed that results in corn that is resistant to pests.
05/18/2008 05:00 AMStop the Flow of Junk Mail Junk mail is a triple threat: It tries your patience, jeopardizes your identity and spoils the environment. But without too much effort, you can give yourself peace of mind and an uncluttered mailbox.
05/18/2008 05:00 AMKaren P. Schaeffer It is best to focus on strategies that give you good odds of a comfortable retirement rather than rules of thumb about how long money should last. Sound financial practices include: 
05/18/2008 05:00 AMDrew Tignanelli It depends on the time you have until retirement. If you have 20-plus years, you should follow the adage: Save at least 10 percent of your income per year.
05/18/2008 05:00 AMPeter C. L. Timmons There is no magic formula, just tools to help determine whether you will run out of money.
05/17/2008 05:00 AMAmerican Accused of Shoddy Maintenance Maintenance work by American Airlines on hundreds of jets was so sloppy that it posed a safety risk -- a lapse that forced the carrier to ground many of its planes and strand hundreds of thousands of passengers last month, according to a report by federal regulators released yesterday.
05/16/2008 05:00 AMEx-PurchasePro Chief Found Guilty of Fraud, Obstruction Dot-com highflier Charles E. Johnson Jr. was convicted yesterday of stock fraud and obstruction of justice after a federal court found that he misled investors by inflating revenue at his Las Vegas software firm. 
05/17/2008 05:00 AMOil Efforts Are Best Possible, Saudis Say RIYADH, Saudi Arabia, May 16 -- Saudi leaders told President Bush on Friday that they are doing all they can to increase oil production, gently turning aside the president's efforts to bring down prices more rapidly.
05/17/2008 05:00 AMThe Problem Next Door Chuck Rattmann paid little attention to the cars parked in his neighbor's yard, the numerous old lawn mowers and the unkempt look of the place -- until he tried to sell his Woodbridge house.
05/17/2008 05:00 AMA New Lease-Purchase on Life The timing was all off for Catherine McAlpine and her family.
05/16/2008 05:00 AMSenate Short of Agreement on Housing Rescue Senate negotiators broke off talks last night without striking a deal to rescue hundreds of thousands of homeowners at risk of foreclosure, but they said they were close to an agreement. 
05/16/2008 05:00 AMClean-Air Rules Protecting Parks Set to Be Eased The Bush administration is on the verge of implementing new air quality rules that will make it easier to build power plants near national parks and wilderness areas, according to rank-and-file agency scientists and park managers who oppose the plan.
05/16/2008 05:00 AMKid e-Land Disney is hoping that after kids check out the new "Chronicles of Narnia" movie this weekend, they'll want to go online and chat about it using game characters dressed in fashions from the movie's dreamworld.
05/16/2008 05:00 AMOld-Style Pumps Balk At $4-a-Gallon Gas, Too Like a lot of small-scale entrepreneurs, Cathy Osborne worries that she'll go out of business if fuel prices rise above $4 a gallon. Not because she won't be able to buy gas at that price, but because she won't be able to sell it.
05/16/2008 05:00 AMCBS Turns Its Eye to the Web, Landing Network of Tech Sites CBS will buy CNet Networks, one of the Internet's most-viewed family of tech-oriented sites, for $1.8 billion in cash, the two companies said yesterday, substantially expanding the online footprint of the Eye network and creating another May-December media marriage. 
05/16/2008 05:00 AMA Very Hostile Bid for Yahoo When Microsoft chief executive Steve Ballmer was trying to buy Yahoo, he didn't want to appear disagreeable, let alone hostile.
05/15/2008 05:00 AMLuxury Foreclosures For sale: Spacious home outfitted with six bedrooms, 5 1/2 baths, granite countertops, stainless-steel kitchen appliances, a three-car garage, exercise room and wet bar -- all for $875,000 in the Red Cedar West subdivision of Leesburg where houses once sold for $1-million-plus.
05/15/2008 05:00 AMFood Costs Jump Most in 18 Years Rising global grain prices helped spark the largest increase in monthly food costs in nearly 20 years, as consumers paid more in April for cereals and baked goods, and the dairy, meat and other animal products that rely on feedstocks, the government reported yesterday.
05/15/2008 05:00 AMCredit Cards Cost, No Matter What I should have known: Call people suckers and they'll take offense. 
05/15/2008 05:00 AMUnited Way to Target Health, Education and Income The United Way of America, alarmed at the nation's fraying safety net, will announce today that it will direct its giving toward ambitious 10-year goals that would cut in half the high school dropout rate and the number of working families struggling financially.
05/15/2008 05:00 AMIcahn Plans Challenge To Yahoo Leadership Billionaire investor Carl C. Icahn has amassed a significant stake in Yahoo, one of the world's largest Web companies, and is planning to nominate a dissident slate of directors to the company, a source familiar with the matter said yesterday evening.
05/15/2008 05:00 AMSick-Leave Abuse Prompts Calls to Compensate for Unused Time At the Internal Revenue Service, one employee over a two-year period took sick leave on 13 of the 14 Tuesdays after a Monday holiday.
05/15/2008 05:00 AMPolar Bear Is Named 'Threatened' Species Interior Secretary Dirk Kempthorne listed polar bears as "threatened" under the Endangered Species Act yesterday, saying the loss of Arctic sea ice in a warming climate could drive them to the brink of extinction in less than four decades. 
05/14/2008 05:00 AMBanker Sees a Rich Market in the Poor JOHANNESBURG -- To Brian Richardson, the next frontier in banking looks like this: A farm laborer gets her wages not in cash but in an account she can access with her cellphone. With a few punches on the keypad, she pays her rent, buys groceries and sends money to her parents.
05/14/2008 05:00 AMBurdened by the Weight of Inflation Nearly seven in 10 Americans are worried about maintaining their standard of living, as concern has spiked higher in just the past five months, according to a new Washington Post-ABC News poll. Soaring consumer prices are a major challenge, with many people struggling under the weight of the risi...
05/14/2008 04:00 PMPearlstein: Housing Legislation Washington Post business columnist Steven Pearlstein discusses the Congressional proposals that would rescue homeowners at risk of foreclosure.
05/12/2008 05:00 AMIntelligence Factor Our region does not have a lot of factory jobs. We don't make ketchup. We don't make toilet paper. We don't make steel. Our business, without sounding too pompous, is largely ideas and the execution of them, whether they are moved around town in legal briefs or a consultant's briefcase. 
05/14/2008 03:54 PMFood Prices See Greatest Monthly Increase in Nearly 20 Years Rising global grain prices helped spark the largest increase in monthly food costs in nearly 20 years, as consumers paid more in April for cereals, baked goods, and the dairy, meat and other animal products that rely on feedstocks, the government reported today.
05/15/2008 05:00 AMFreddie's Quarterly Loss Widens Rising loan delinquencies and falling home prices took an increasing toll on Freddie Mac during the first quarter, but accounting changes obscured the blow.
05/14/2008 05:00 AMDemocrats Agree on Budget Plan That Avoids the Biggest Decisions Congressional Democratic leaders have reached agreement on a $3 trillion budget blueprint that would authorize a small increase for domestic priorities and spare millions of households from an unpopular tax. But it postpones most major budget decisions until after this fall's presidential election.
05/14/2008 05:00 AMSeats of Power: A Return to Skybox Lobbying? Not long ago, lobbyists regularly entertained lawmakers and their aides in skyboxes at local sports arenas. But after a series of scandals on Capitol Hill, the law was changed to forbid congressional officials from accepting anything of value from lobbyists without repayment -- let alone the best... 
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