Tim Devaney
Articles by Tim Devaney
Losses ease, but market slide continues
Wall Street slipped for a second straight day Thursday on more gloomy news on retail sales and jobless claims, but investors avoided the big drop that produced the biggest daily decline this year in prices the day before. Published June 2, 2011
South Korean firm wins major gas deal in Iraq
South Korean firm KOGAS on Wednesday signed a major deal to develop a major natural gas field in western Iraq — another sign that foreign rivals are proving tough competitors to American energy giants in Iraq eight years after the American-led invasion to oust Saddam Hussein. Published June 1, 2011
In tech world, job seekers call the shots
It's a good time to be job-hunting in the technology world. Even as the larger economy struggles with high unemployment, tech companies are competing for a "shortage" of talent. Published May 29, 2011
Earthquake rocks Sony bottom line
The aftershocks from Japan's devastating earthquake and tsunami in March are being felt on corporate bottom lines as electronics giant Sony Corp. Thursday became the latest manufacturer to take a major hit to its books. Published May 26, 2011
Bill would give FDA more regulation of chemicals in cosmetics
The Food and Drug Administration would have more power to regulate toothpaste, deodorant, hair treatments and other beauty products under a bill proposed by an Illinois Democrat - a move critics consider regulatory overreach. Published May 25, 2011
Some in GOP look for new ‘12 prospect after Daniels’ exit
Indiana Gov. Mitch Daniels' decision to forgo a presidential bid has some Republicans openly pining for a choice other than Mitt Romney, Tim Pawlenty or Newt Gingrich. Published May 22, 2011
Cain: No talk about security until elected
GOP presidential hopeful Herman Cain said Sunday he doesn't have a plan for the war on terror and won't share his thoughts with voters until he gets into the White House. Published May 22, 2011
DeMint rips labor board, Democrats in Boeing flap
South Carolina Republican Sen. Jim DeMint on Thursday criticized a National Labor Relations Board move to block a major new Boeing manufacturing facility in his state and said Democrats need to distance themselves from labor unions who are hurting the workers they are supposed to protect. Published May 19, 2011
Business credit cards lack protections
While a 2009 credit card reform law has brought more transparency and legal protections for regular cardholders, many consumers are still being targeted for business credit cards that don't carry the same safeguards, according to a new study. Published May 18, 2011
Sprint races to top of cellphone survey
Sprint Nextel Corp., not too long ago an industry punching bag for cellphone frustration, has climbed from "worst to first," according to a new customer satisfaction survey released Tuesday. Published May 17, 2011
Credit card rates stabilize after reforms
A new study finds that more than a year after provisions of a major credit card reform act took effect, the dire warnings of higher borrowing rates, bigger penalties and fewer options for consumers have not come to pass. Published May 16, 2011
Reid calls GOP moves in Boeing dispute ‘disgraceful’
The Senate's top Democrat strongly condemned what he called "inappropriate" attempts by Republican lawmakers to intervene in a simmering labor dispute now before the National Labor Relations Board. Published May 11, 2011
Treasury plans to start selling shares of AIG
The Treasury Department plans to start selling its dominant share of insurance giant American International Group, one of the largest recipients of corporate bailout funds during the 2008-09 financial crisis, as it slowly backs out of the private sector. Published May 11, 2011
Reid slams GOP ‘interference’ in Boeing labor clash
The Senate's top Democrat on Wednesday harshly condemned what he said were "inappropriate" attempts by Republican lawmakers to intervene in a controversial labor dispute now before the National Labor Relations Board. Published May 11, 2011
Apple, Google face Hill flak over breaches of device privacy
High-tech giants Google and Apple struggled to reassure lawmakers at a Capitol Hill hearing Tuesday that the companies can protect the privacy of mobile-device users, in light of recent reports that popular smartphones and tablet computers are secretly storing data on the whereabouts of customers. Published May 10, 2011
New open-shop Boeing plant sparks uproar
Neither side is budging in an increasingly bitter fight over aerospace giant Boeing's plans to start production on its 787 Dreamliner fleet at a new $2 billion plant in South Carolina — a move the National Labor Relations Board says was made to punish the company's union workers. Published May 9, 2011
Intel from bin Laden raid called a ‘treasure’
White House National Security Adviser Tom Donilon said Sunday the volume of information seized from the terrorist al Qaeda network during last week's mission to kill Osama bin Laden was "the size of a small college library." Published May 8, 2011
Arab Christians moving from Muslim communities
Arab Christians in Sterling Heights, Mich., are trying to separate themselves from a boisterous Muslim community that has served as a punching bag for "terrorism" stereotypes since Sept. 11. Published May 8, 2011
Rumsfeld: White House staff talks too much
Former Secretary of Defense Donald H. Rumsfeld said Sunday that White House staffers may be undermining intelligence efforts in the wake of the killing of Osama bin Laden by talking too much about what the American forces found in the terrorist leader's Pakistan compound. Published May 8, 2011
White House aide: Al Qaeda weakest since 2001
White House National Security Adviser Tom Donilon said on Sunday that the volume of information seized on the al Qaeda terrorist network during last week's mission to kill Osama bin Laden was "equivalent to a small college library." Published May 8, 2011
