Skip to content
TRENDING:
Donald Trump
Advertisement

Tim Devaney

Tim Devaney was a national reporter who covered business and international trade for The Washington Times.

Articles by Tim Devaney

** FILE ** File photo released by The Carlyle Group shows David M. Rubenstein. (AP Photo/The Carlyle Group, File )

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. Published May 2, 2012

Microsoft is paying $300 million for a minority stake in the digital reader business of Barnes & Noble, which sells the Nook e-book. The pairing could boost Barnes & Noble in its quest to take on Amazon's Kindle. (Barnes & Noble via Associated Press)

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. Published April 30, 2012

A customer chows down at a Burger King in Springfield, Ill. The No. 3 fast-food chain has announced that all of its eggs and pork will come from cage- and crate-free chickens and pigs by 2017, raising the bar for its rivals. (Associated Press)

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. Published April 29, 2012

Mexican President Felipe Calderon speaks to the U.S. Chamber of Commerce in the District. Mr. Calderon said illegal immigration was fading as a flash point of division between the United States and Mexico. (Barbara L. Salisbury/The Washington Times)

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. Published April 24, 2012

FILE - This Sept. 14, 2011 file photo shows Sen. Mike Enzi, R-Wyo., at the Capitol in Washington. Enzi is scheduled to explain his proposal Thursday Nov. 17, 2011 that would allow states to require Internet vendors to collect sales tax for all the states regardless of vendor's location. (AP Photo/J. Scott Applewhite, File)

Senate debates curb on NLRB

The National Labor Relations Board as a political hot potato shows no signs of cooling off anytime soon. Published April 23, 2012

Trader Michael Zicchinolfi (right) works April 23, 2012, on the floor of the New York Stock Exchange. (Associated Press)

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. Published April 23, 2012

** FILE ** Curtis Irwin holds a .50 caliber rifle to show at a gun shop in Fort Worth, Texas, on Thursday. The Cheaper Than Dirt gun store recorded a record day of gun sales the day after the election of President-elect Barack Obama and is since having trouble keeping up with the demand for assault rifles. (Associated Press)

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. Published April 19, 2012

** FILE ** Carlos Gutierrez. (Associated Press)

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. Published April 18, 2012

Google Inc. announced Thursday that it earned $2.89 billion, or $8.75 per share, in the first quarter. That is up from $1.8 billion, or $5.51 per share, a year earlier. (Associated Press)

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. Published April 12, 2012

**FILE** Apple CEO Tim Cook clasp his hands March 7, 2012, while announcing the new iPad during an Apple event in San Francisco. (Associated Press)

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. Published April 11, 2012

This screen shot taken Feb. 24, 2012, shows a page of women's products from Pinterest.com. A virtual pinboard or scrapbook, the site allows users to collect and organize favorite images and ideas. (Associated Press/Pinterest)

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. Published April 9, 2012

Cerberus Capital Management will take over a 53 percent stake in Yellow Pages from AT&T in a $950 million deal. Yellow Pages could have sold for three to four times more just a few years ago, analysts say, but AT&T waited too long. The deal is expected to close by the middle of the year. (Neighborhood Service Organization via Associated Press)

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. Published April 9, 2012

** FILE ** Republican presidential candidate Newt Gingrich speaks at a public meeting at the Magnolia Volunteer Fire Company on Thursday, April 5, 2012, in Magnolia, Del. (AP Photo/Wilmington News-Journal, Gary Emeigh)

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. Published April 8, 2012

"We've really made a lot of lasting progress at the IRS that will really serve the nation well for the years to come," IRS chief Douglas Shulman said. (Associated Press)

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. Published April 5, 2012

** FILE ** In this April 4, 2012, file photo, President Obama listens to Jeffrey Martin, the chief executive officer of Sempra U.S. Gas Power, during a tour at the Copper Mountain Solar 1 facility in Boulder City, Nev. John Sowers and Kevin Gillespie also join the tour. (Associated Press)

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. Published April 4, 2012