Washington Post : Business (123)

I'm not going to 'let evil win': Patagonia's billionaire owner says he plans to sue Trump

Outdoor goods retailers are firing back against the Trump administration's plans to shrink two national monuments in Utah.

GOP negotiators move closer to reducing top tax rate for high-income households but face blowback

The cut would need to gain the support of a broad swath of House and Senate Republicans in order for the tax bill to pass.

Court upholds uranium mining ban around Grand Canyon but allows nearby mine

The Trump administration could still lift the ban years before it is set to expire.

Avoid the awkward office party. Employees prefer money.

Ninety percent of workers would prefer a bonus or extra vacation days over a holiday party, according to a poll this year by the staffing firm Randstad US.

This poll gave Americans a detailed case for and against the FCC's net neutrality plan. The reaction among Republicans was striking

A rare survey attempted to brief respondents as much as possible before asking their opinion. The results come two days before the FCC is set to repeal net neutrality rules.

Education inspector general calls on agency to process backlog of student debt relief claims

The agency watchdog is urging the Office of Federal Student Aid to take action on the tens of thousands of debt forgiveness applications languishing at the department.

We are even more convinced that thousands will die prematurely if the ACA is repealed

In attacking our argument, two economists make errors in logic and engage in a highly selective use of evidence.

Former Facebook VP says social media is destroying society with 'dopamine-driven feedback loops'

Chamath Palihapitiya used to be in charge of Facebook's growth. Now he doesn't let his kids use the platform.

Twitter makes it easier to rant by making tweetstorms an official feature

Twitter has made the tweetstorm an official feature.

Small business owners are certainly optimistic about 2018. But I see clouds on the horizon.

Things are never as good as they seem.

FCC chairman says social media platforms lack transparency in how they restrict conservative content

Days before the vote to repeal net neutrality, the chairman of the FCC said companies like Facebook, Google and Twitter lack transparency over their decisions to restrict conservative political content.

Bitcoin is the most perfect bubble possible

The skyrocketing digital currency has gone up 54 percent the past week, 128 percent the past month, and 2,087 percent the past year.

Former Facebook VP says social media is destroying society

Chamath Palihapitiya used to be in charge of Facebook's growth. Now he doesn't let his kids use the platform.

Congressional Republicans in advanced talks to reduce the tax rate for top earners to 37 percent as part of final tax bill

Lawmakers are on the verge of striking a tentative agreement that would reconcile tax bills passed separately by the House and Senate, and an announcement could come later Tuesday or sometime Wednesday, a top Senate Republican said Tuesday.

Federal report finds regression for black managers in financial services industry

While overall diversity increased, the percentage of black managers dropped, the report found.

Could a merger with Disney end Fox's streak of successful films?

What will happen to the company's high-quality movies and shows in the hands of the magic kingdom?

UPS and other carriers warn that holiday deliveries are already falling behind

Shipping companies were tested by Cyber Monday, the busiest online shopping day in U.S. history. Now retailers are encouraging shoppers to pick up shipments at their stores.

Why between now and February might be the best time of year to get a good deal on an apartment

Among the ideas: Apartments on lower floors typically are less expensive than ones on higher floors. If you can live with an apartment on the third floor instead of the 12th, this could help you save money.

UPS and others warn that holiday deliveries are already falling behind

Carriers were tested by Cyber Monday, the busiest online shopping day in U.S. history. And retailers are encouraging shoppers to pick up shipments at their stores.

Trump has unprecedented power to remake the world's most powerful economic body

Trump already has the Fed Chair of his choice, a pick on the board and another candidate in train. And that's before he fills three other vacancies.

Fox had a massive day at the Golden Globes. Now it all could end.

Fox had 27 nominations. Its suitor Disney barely registered. What will happen to Fox's high-quality movies and shows in the hands of the magic kingdom?

Trump administration explains details of how tax plan would pay for itself, immediately gets attacked for assumptions

On Monday, the Treasury Department released a one-page document asserting the tax bill would generate more than enough to pay for itself, even though independent analysts have forecast a cost of $500 billion to nearly $2 trillion.

There's a medical 'land grab' underway as hospitals try to get larger

As they buy each other up, hospitals argue that larger-scale operations will be better able to control costs. Whether cost savings trickle down to patients through lower prices, however, is a topic of debate.

Bitcoin surges in first day of futures trading

Bitcoin contract futures opened at $15,000 and 890 contracts were traded in the first 15 minutes Sunday evening, according to the Chicago-based Cboe. The platform said 4,127 bitcoin futures contracts were traded in the first full day.

A sudden change in Ryan Zinke's travel plans cost taxpayers nearly $2,000, documents show

The trip in April to Channel Islands National Park in California included the Interior secretary's wife and another relative.

There's a medical 'land grab' underway as hospitals try to get larger

Why hospitals keep buying each other up

'People are freaking out.' Will electric vehicles doom your neighborhood auto mechanic?

Some experts believe they could be among the first casualties of an impending electric-car revolution.

Bitcoin surges in first day of futures trading

Bitcoin contract futures opened at $15,000 and 890 contracts were traded in the first 15 minutes Sunday evening, according to the Chicago-based Cboe. The number of contracts had grown to 3,200 by mid-afternoon Monday.

New York is the most expensive city in the world for business travel

Using data compiled from Business Travel News' Corporate Travel Index, Expert Market has concluded that three U.S. cities take the top spots.

The Golden Globes just rewarded a film that made a startling move to emerge from a sexual harassment cloud

Ridley Scott's decision to swap out Kevin Spacey, who had been accused of sexual abuse, for Christopher Plummer -- and reshoot many scenes -- was validated on Monday.

Senate Republicans are divided over whether to pursue Medicare cuts in 2018

Some Republicans are enthusiastic. Others are wary. But they all agree there are high hurdles to proposing Medicare changes in an election year.

Netflix's 'creepy' tweet reminds us all how closely it's watching us

To the 53 people who've watched A Christmas Prince every day for the past 18 days: Who hurt you?' the tweet said.

Apple buys the music discovery app Shazam

Apple's acquisition of Shazam shores up its music credentials and its artificial intelligence chops.

Bitcoin surges in first day of futures trading

'Despite fears by many of the bubble popping, so far the price is going up.'

Trump administration explains details of how tax plan would pay for itself, immediately gets attacked for assumptions

For months the White House has said the tax bill would fully pay for itself, even though independent analysts have forecast a cost of $500 billion to nearly $2 trillion.

You'll soon be able to watch almost all NFL games online, no matter your Internet provider

The move raises new questions about the future of the cable bundle and highlights Verizon's ambitions to take on Google.

New York is the most expensive city in the world for business travel

The biggest expense is typically the stay at the hotel.

Should you invest in bitcoins for retirement? Only if you think riding a roller coaster without a safety harness is a good idea.

In January, the cryptocurrency was trading at just under $1,000 per coin. Last week, it reached a high of $17,000 on one exchange and just over $19,000 on another. By Friday it was sliding down.

What tax reform might mean for D.C.'s technology economy

The proposals will create winners and losers.

What tax reform might mean for D.C.'s technology economy

If the tax restructuring is adopted as proposed, individuals and many small businesses could be at a comparative disadvantage.

Should you invest in bitcoins for retirement? Only if you think riding a rollercoaster without a safety harness is a good idea.

In January, the cryptocurrency was trading at just under $1,000 per coin. Last week, it reached a high of $17,000 on one exchange and just over $19,000 on another. By Friday it was sliding down.

Economists: No, the tax bill won't kill people — it will save lives

The time has finally come to return to the growth, and the improved human conditions, in America.

Bitcoin futures rise as virtual currency hits major exchange

The first-ever bitcoin future began trading Sunday as the increasingly popular virtual currency made its debut on a major U.S. exchange. The futures signal greater mainstream acceptance of bitcoin but also open up bitcoin to additional market forces.

Analysis: How to get rich off bitcoin — or lose it all while trying

8.8 million Americans face a major tax hike if the GOP eliminates the medical deduction

The deduction started in 1942 to help people deal with costs that hit when someone has cancer or needs round-the-clock care. The House version of the tax plan would scrap the deduction; the Senate bill would make it more generous. But the two plans must be reconciled.

IT companies press Pentagon to pick more than one winner in cloud competition

Concerns come as Amazon looks to make inroads in the government market.

'Very, very scary': 8.8 million Americans face big tax hike if Republicans scrap the medical deduction

The House proposed eliminating the medical deduction. The Senate wants to expand it.

Washington-area appointments and promotions for Dec. 11

A look at who is moving where in the region's job market.

Cities turn to 'missing middle' housing to keep older millennials from leaving

As many millennials start to couple up and have children, the sleek high-rise apartment buildings built for them as young professionals are no longer practical.

IT companies press Pentagon to pick more than one winner in cloud competition

Industry concerns grew after the Pentagon published a document justifying a sole-source award to Amazon Web Services for an Air Force cloud contract.