Tim Devaney
Articles by Tim Devaney
Dow, S&P continue to skid
Stocks on Wall Street and across Europe fell sharply Thursday as fears of a double-dip recession continued to grow. Published August 18, 2011
‘Jersey Shore’ wardrobe irks Abercrombie & Fitch
Abercrombie & Fitch is trying to untangle itself from a sticky "Situation." Published August 17, 2011
Web shopping on rise in wake of higher fuel costs
More shoppers are hitting the Internet instead of the mall fueling an online purchasing boon that observers credit to rising prices at the gas pump. Published August 16, 2011
Largent urges Congress to free up space for mobile devices
Former Congressman Steve Largent, now a leader in the wireless communications business, is urging Congress to repackage unused spectrum space for mobile Internet devices — such as smartphones and tablet computers — by the end of the year to avoid stunting the growth of the booming industry. Published August 15, 2011
Bachmann grabs Iowa momentum, says she’s ready to take on Obama
One day after winning the Iowa straw poll, GOP presidential hopeful Michele Bachmann did a victory lap Sunday, hitting all the major political talk shows and pushing the message that she is the Republican best qualified to defeat President Obama. Published August 14, 2011
Pawlenty dropping his bid for White House
Former Minnesota Gov. Tim Pawlenty on Sunday will abandon his bid for the Republican presidential nomination after a disappointing finish in Saturday's Iowa straw poll. Published August 14, 2011
NLRB fails to comply with congressional subpoena
The National Labor Relations Board ignored a congressional subpoena on Friday that requested information about its lawsuit against Boeing for building a manufacturing plant in a non-union state. Published August 12, 2011
Airlines fight EU rules on air quality
Airlines from around the world that fly into and out of the European Union are fighting to overturn a new rule that would cost them billions of dollars for their carbon-dioxide emissions, not just over European skies, but during the whole trip. Published August 11, 2011
Small-business owners pessimistic about economy
Small-business owners are continuing to lose faith in the economy, fearing it is more likely to deteriorate than improve. Published August 9, 2011
Price of gold strikes record high
Investors are getting the Midas Touch. Published August 8, 2011
Obama urged to OK Canada-Texas pipeline
Republicans and business leaders are urging President Obama to turn talk of creating jobs into action by green-lighting a long-delayed $7 billion expansion of a Canada-to-Texas oil pipeline that supporters say will create 20,000 jobs. Published August 8, 2011
Issa subpoenas NLRB in probe of Boeing lawsuit
Rep. Darrell Issa, California Republican, has subpoenaed the National Labor Relations Board as part of his investigation of the regulatory agency's lawsuit against Boeing's new airplane-manufacturing plant in South Carolina, where it has created thousands of jobs. Published August 8, 2011
Wall Street uptick short-lived
Hopes for a market rally after the announcement of a potential deal by lawmakers to avoid default on the nation's debt payments were short-lived as factors other than the ongoing negotiations on Capitol Hill came into play. Published August 1, 2011
Mexico strives to revive tourism
For many Americans, vacationing in Mexico doesn't have the same appeal it used to. Published July 31, 2011
Recession really puts the bite on tooth fairy
Even the tooth fairy is feeling the bite of the recession. Published July 28, 2011
Debt crisis delays other votes
The House Republican point man on trade said Wednesday that votes on three long-stalled agreements with South Korea, Colombia and Panama will be pushed back until the fall at the earliest because lawmakers working on the pacts are preoccupied with the fight over raising the federal debt limit. Published July 27, 2011
Camp: Debt fight holding up big trade deals
The House Republican point man on taxes and trade said Wednesday it is unlikely that three long-stalled free trade agreements with South Korea, Colombia and Panama will be passed anytime soon, because the same lawmakers that are pushing the pacts are preoccupied with the fight over raising the federal debt limit. Published July 27, 2011
Keystone oil pipeline gets boost in House
House Republicans want the White House to stop dragging its feet on a massive pipeline project that would reduce the nation's dependence on overseas oil and create thousands of jobs - all without drilling domestically. Published July 26, 2011
Greek official presses financial rescue
Greek Finance Minister Evangelos Venizelos on Monday asked U.S. policymakers and business leaders for support as his country finalizes another rescue package to avoid a second default in recent years. Published July 25, 2011
Geithner: House GOP ‘praying for default’ on debt
The Treasury Department on Sunday accused House Republicans of "praying for default," because they seem unwilling to raise the debt ceiling. Published July 24, 2011