Business & Finance
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Real estate firm buys Ritz-Carlton Kapalua on Maui
WAILUKU, Hawaii (AP) — The Ritz-Carlton Kapalua on Maui has been sold to an affiliate of the same investment group that purchased the Grand Wailea resort earlier this year. Blackstone Real Estate Partners, an affiliate…
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Financial watchdog: Regulate cryptocurrencies now, or else
PARIS (AP) — A global financial body says governments worldwide must establish rules for virtual currencies like bitcoin to stop criminals from using them to launder money or finance terrorism. The Financial Action Task Force…
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Global government body warns Iran on terrorism financing
PARIS (AP) — A global financial watchdog Force has given Iran until February to crack down on terrorism funding or risk deeper economic isolation. The Financial Action Task Force said Friday it would effectively blacklist…
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Correction: NerdWallet-Liz Weston-Paying-Mortgage- story
Retiring a mortgage before you retire isn’t always possible. Financial planners recommend creating a Plan B to ensure you don’t wind up house rich and cash poor.
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What your car knows about you — and who it’s telling
Many of today’s vehicles are equipped with the technology to wirelessly transmit that information to the auto manufacturer, and without the owner’s consent.
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Constantly tired at work? Stop bringing your phone to bed
An Accountemps survey of D.C.-area office workers found that 28 percent say they are tired at work very often, and another 46 percent say they are often somewhat tired.
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Police: Van strikes, kills 7-year-old near Maryland school
News outlets report the second-grade student was running down the sidewalk after a group of children Thursday afternoon when she “darted out in front of the van” as it exited a townhome community.
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Washington Post’s ad director leaves company
The Washington Post’s chief advertising executive has left the paper. The Post reported late Thursday that Chief Revenue Officer Jed Hartman has left after just shy of four years, but the paper is not saying…
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Japan orders maker to fix questionable quake shock absorbers
TOKYO (AP) — The Japanese government on Friday ordered a company that falsified quality data for earthquake “shock absorbers” used in hundreds of buildings to speed up an investigation and fix any problems quickly. KYB…
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China says ex-Internet czar on trial over corruption charges
BEIJING (AP) — China’s former internet censor, who once held high-profile meetings with industry leaders such as Apple CEO Tim Cook and Facebook founder Mark Zuckerberg, was standing trial Friday on corruption allegations, state media…
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Global stocks mixed as Chinese economy slows
BEIJING (AP) — Global stocks were mixed Friday after data showed Chinese economic growth slowed more than expected but officials moved to shore up the country’s markets. KEEPING SCORE: Germany’s DAX lost 0.3 percent to…
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Italian markets hit by concerns over budget spat
MILAN (AP) — Italy’s financial markets are shaken following the European Union’s stinging rebuke of the new populist government’s budget bill, which pushes the deficit far beyond previously agreed levels. Italy’s government borrowing rose, with…
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First look: D.C.’s new Capital One Cafe is a bank masquerading as a coffee shop
The first rule of banking for employees at the new Capital One Cafe in Chinatown? You don’t talk about banking. Unless asked, that is. Joking aside, that is actually the modus operandi for employees of…
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StarKist admits fixing tuna prices, faces $100 million fine
StarKist Co. agreed to plead guilty to a felony price fixing charge as part of a broad collusion investigation of the canned tuna industry, the U.S. Department of Justice announced Thursday.
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Asian stocks tumble after Wall Street skids, China slows
BEIJING (AP) — Asian stock markets sank Friday after Wall Street declined on losses for tech and industrial stocks and Chinese economic growth slowed. KEEPING SCORE: Tokyo’s Nikkei 225 index fell 1.1 percent to 22,411.33…
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