Panel says firms need U.S. guidance to reduce contractors in Iraq

The U.S. government is probably paying contractors millions of dollars for unnecessary work in Iraq because the military is not giving companies clear enough guidance about reducing their employees, officials on the Commission on Wartime Contracting said Monday.

Like all good entrepreneurs, Md. contractor saw an opportunity and ran with it

I was halfway through an interview with electrical contractor Jim Fabiszewski (he goes by Jim Fab) when he started talking about why he decided to run his own business. It reminded me of why I wanted to leave Syracuse, N.Y., 20 years ago, thinking there was something more to see and experience be...

Chinese automaker Geely to buy Volvo

Can the marriage of a Chinese maker of low-end, inexpensive automobiles and a luxury Swedish brand known for safety improve the prospects of both?

Some in Indonesia praise, seek to replicate China's fight against United States

Amid cries of "God is Great," the former chief of staff of the Indonesian army joined hard-line Muslim activists in a Jakarta ballroom last week to denounce the United States -- and praise China as a model of how to stand up to Washington.

U.S. take if it sells its Citi stake to settle cost of bailout: $8 billion

Among the banks that rule Wall Street, Citigroup got a bailout that was bigger than the rest. Now the company is about to pay a king's ransom for its federal rescue.

Developers of iPad applications race to meet April 3 debut

Last week was an intense one for some of the Washington area software developers who make and sell software for Apple's App Store.

Haiti to unveil $3.9B restructuring plan at the U.N.

UNITED NATIONS -- Haitian President René Préval will unveil a $3.9 billion plan Wednesday to begin radically reshaping his country's post-earthquake economy and infrastructure, according to a Haitian reconstruction action plan.

FDA pressured to combat rising 'food fraud'

The expensive "sheep's milk" cheese in a Manhattan market was really made from cow's milk. And a jar of "Sturgeon caviar" was, in fact, Mississippi paddlefish.

Poll says most Americans back halting Saturday mail but not closing post offices

A majority of Americans support ending Saturday mail delivery to help the U.S. Postal Service solve its financial problems, but most oppose shuttering local branches, according to a new Washington Post poll.

Low interest rates make pensions look especially good

What's good for America isn't necessarily good for all Americans. Case in point: low interest rates.

Google denies responsibility in Rosetta Stone ad lawsuit

Google Inc., owner of the world's most popular Internet search engine, will try to convince a federal judge that it didn't infringe Rosetta Stone Inc.'s trademarks, in part because it's not responsible for the content of advertisements placed on its Web site.

Treasury pick Brainard not on recess-appointment list