×

Top News & Analysis Washington

  • Nov 1- Starbucks Corp raised its profit forecast for the current fiscal year after sales in its top market of the United States topped expectations, giving the company optimism that has eluded much of the U.S. restaurant industry in recent months.

  • *China factory surveys show country's economy gaining traction. U.S. shares followed China's stock markets higher after official and private China manufacturing surveys for October suggested China's economy is finally regaining traction.

  • SEATTLE, Nov 1- Days after launching Windows 8, Microsoft Corp is mounting a strong campaign to win over the software developers it needs to kick-start its new operating system. A lack of apps is Microsoft's Achilles heel as it attempts to catch Apple Inc and Google Inc in the rush toward mobile computing.

  • *Lumber futures rise the $10 daily limit. *Home Depot shares rise on expected rebuilding. Trade sources said the home-rebuilding process in the northeastern United States, which bore the brunt of Sandy, could stretch well into 2013, keeping demand for lumber robust.

  • Eaton CEO Calls for Bipartisanship to Avoid 'Fiscal Cliff'

    On fears the looming tax increases and budget cuts could affect business, Eaton CEO Sandy Cutler calls on policymakers to act.

  • *Lumber futures rise the $10 daily limit. Trade sources said the home-rebuilding process in the northeastern United States, which bore the brunt of Sandy, could stretch well into 2013, keeping demand for lumber robust.

  • *Lumber futures rise the $10 daily limit. *Hope for repair demand also boosts Home Depot shares. Chicago Mercantile Exchange November, January and March lumber futures rose by the daily trading limit of $10 per thousand board feet and were locked at those levels to effectively shut down trading.

  • CHICAGO, Oct 31- U.S. lumber futures soared on Wednesday on expectations for demand to increase in the aftermath of monster storm Sandy that caused massive flooding in the northeastern United States, damaging numerous homes that would need rebuilding.

  • *Brazil's top bookseller may sell online business-sources. *Deal could boost retailer Amazon on arrival in Brazil. SAO PAULO, Oct 30- Brazil's biggest bookstore chain, Saraiva, is trying to sell its online business, a move that could pave the way for Amazon's debut in Latin America's fastest growing e-commerce market, industry sources said.

  • Oct 29- Can peer pressure make delinquent taxpayers pony up what they owe the government? Behavioral economists say it can, and some tax agencies in both the United States and Britain are taking their advice to heart-- and finding that they are reaping rewards.

  • NEW YORK-- New York City announced the closings of its mass transit and school systems, both the nation's largest, and ordered residents to leave some low-lying areas Sunday ahead of the massive storm approaching the eastern third of the U.S.

  • Oct 26- Individual donors to U.S. presidential candidates can contribute up to $2,500 for the state-by-state party nominating contests and another $2,500 for the general election.

  • BOSTON-- Massachusetts officials braced Friday for the arrival of a mega-storm that Gov. Forecasts that show Sandy veering inland and merging with another storm front in the mid-Atlantic could lower the potential for catastrophic damage in Massachusetts, but Patrick still warned of a 4- to 6- foot coastal storm surge and 30-35 foot seas offshore.

  • BELLEVUE, Wash.-- Clearwire Corp.' s third-quarter loss from continuing operations narrowed as the wireless network operator reduced expenses. The company's loss from continuing operations was $41.3 million, or 22 cents per share, for the three months ended Sept. 30.

  • NASSAU, Bahamas-- Hurricane Sandy raged through the Bahamas early Friday after leaving 22 people dead across the Caribbean, following a path that could see it blend with a winter storm to hit the U.S. East Coast with a super-storm next week.

  • NASSAU, Bahamas-- Hurricane Sandy raged through the Bahamas early Friday after leaving 21 people dead across the Caribbean, following a path that could see it blend with a winter storm to hit the U.S. East Coast with a super-storm next week.

  • FEDERAL WAY, Wash.-- Weyerhaeuser Co.' s third quarter earnings plunged 25 percent compared to last year, when the lumber and real estate company recorded income from a couple businesses it has since sold and a hefty tax gain. The Federal Way, Wash., company said Friday it earned $117 million, or 22 cents per share, in the three months that ended Sept. 30.

  • NEW YORK/ SEATTLE, Oct 25- Microsoft Corp put its Surface tablet center stage at its Windows 8 launch event, hoping the sleek new device will spark a fightback against Apple Inc and Google Inc in the exploding mobile computing market.

  • SEATTLE-- An 87- year-old Seattle real-estate developer and his wife now face dozens of charges, one day after they were arrested in the French Alps. The U.S. attorney's office in Seattle said Thursday that a 43- count grand jury indictment accuses Michael Mastro and his wife, Linda, of concealing a bank account of more than $760,000 from his creditors.

  • FLAGSTAFF, Ariz.-- Months after the federal Indian Health Service said it was finalizing a policy that would make emergency contraception more accessible to American Indian women, advocates say they're still waiting.