Tim Devaney

Carlyle shaves price in public stock offering

Private equity firm Carlyle Group LP, Washington's premier investment bank, will start trading publicly on Thursday at what analysts are calling a discounted initial price of $22 a share, the company announced late Wednesday evening after the markets closed.

Whites trail Hispanics, blacks in adopting mobile devices

Hispanics continue to outpace whites when it comes to the adoption of mobile technology.

Microsoft buying into e-book venture

Software giant Microsoft and book retailer Barnes & Noble are teaming up in an effort to become power players in the rapidly expanding e-book market.

Burger King scrambles for cage-free eggs

The nation's fast-food giants are aggressively touting more humane ways of producing their menu offerings, but whether the kinder, gentler methods of serving up chicken nuggets and cheeseburgers can pay off at the cash register remains an open question.

Calderon sees illegal immigration fading as U.S.-Mexico flashpoint

Citing new research that shows population flows have basically leveled off between Mexico and the United States, Mexican President Felipe Calderon told U.S. business leaders Tuesday that illegal immigration was fading as a flashpoint of division between the two countries.

Senate debates curb on NLRB

The National Labor Relations Board as a political hot potato shows no signs of cooling off anytime soon.

Stock market skepticism lingers

Most Americans remain wary of investing in the stock market, even though it is near a four-year high and savings interest rates are at record lows, according to a new study released Monday by the firm Bankrate.com.

Obama is named gun ‘salesman of the year’

The Obama years have proved to be a boon to the nation's gun industry, which has posted strong gains in jobs, sales, economic impact and taxes paid in the teeth of an economic downturn.

Gun industry’s economic impact skyrockets during Obama years

The economic impact of the firearms industry is up 66 percent since the beginning of the Great Recession, providing an unexpected shot in the arm for the economy, according to a new study.

Continuation of Ex-Im Bank debated

A former George W. Bush administration official joined Democrats Wednesday in calling for the reauthorization of the U.S. Export-Import Bank as it faces a May 31 deadline to stay in business.

Google revenues better than expected

Google reported a better-than-expected first quarter after the markets closed Thursday, with profits and revenues up from last year.

Feds: Apple fixed e-book prices

Apple fixed e-book prices, Feds report

The Obama administration has stepped into a heated battle for supremacy in the digital book industry, accusing tech giant Apple of scheming with publishers to fix prices.

What’s your Facebook page worth?

Facebook, Twitter and LinkedIn top the list of social networks with the most valuable members.

Company using subtlety to deliver online ads

Convinced that online advertising is dead, an e-commerce company says it has found an "unintrusive" way to help websites make money. But critics find it more secretive than subtle.

AT&T sells majority stake of Yellow Pages

AT&T Inc. on Monday agreed to sell a majority stake in Yellow Pages, the publisher of the once-popular directories of phone numbers, to Cerberus Capital Management for $950 million.

Gingrich not quite conceding race

While Newt Gingrich is not officially dropping his presidential bid, the former House speaker indicated Sunday he would be willing to step aside for the Mitt Romney campaign if doing so helped ensure a Republican victory over President Obama.

IRS chief warns of ‘confusion’ on delay of tax-break moves

Just days before the national tax-filing deadline, the Internal Revenue Service chief warned Thursday that congressional delay on expiring tax-break provisions could lead to "total confusion" among working Americans.

Stormy weather for solar firms

In terms of public image, the solar industry isn't having much fun in the sun lately. Many solar firms from around the world have fallen into bankruptcy in a tough environment of increasing competition from cheaper Chinese firms and several cutbacks in subsidies by European governments.

Titans of tech clash in courts for claims to prized patents

Some call them "patent trolls." They might not hide under bridges, but critics say they come out of nowhere, demanding payment for the theft of inventions no one knew they owned.