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Jeffrey S. DeWitt (left), Phoenix's chief financial officer, was announced by D.C. Mayor Vincent C. Gray as his pick to serve as D.C.'s next chief financial officer, subject to D.C. Council approval. The District is reviewing options if a federal shutdown occurs. (andrew harnik/the washington times)

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**FILE** Takashi Nishioka, Mitsubishi Motors' new chairman and CEO, is surrounded by reporters after a news conference a Tokyo hotel on Jan. 28, 2005, to announce the Japanese automaker's business revitalization plan. (Associated Press)

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CarMax, the nation's largest used-car retailer with 123 outlets, reported strong second-quarter earnings Tuesday. CEO Tom Folliard said he wants to continue to expand, and plans to hire about 1,000 employees, particularly detailers and experienced technicians. (Associated Press)

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Burger King says its new "Satisfries" (pictured) have 20 percent fewer calories than its regular fries. (AP Photo/Burger King, Noel Barnhurst)

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Burger King says its new french fries, dubbed "Satisfries," have 20 percent fewer calories than its regular fries. Satisfries will cost about 30 cents more than regular fries. (AP Photo/Burger King, Noel Barnhurst)

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** FILE ** In this Wednesday, Jan. 11, 2012, file photo, Hostess Brands Wonder breads are displayed at a grocery store in Santa Clara, Calif. Flowers Foods Inc., which bought Wonder from the now-defunct Hostess Brands, says the bread started returning to supermarket shelves Monday, Sept. 23, 2013. (AP Photo/Paul Sakuma, File)

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"The government and those employed by it will face significant fiscal challenges next year, and now is not the time for a federal spending extravaganza," said fiscal hawk Sen. Tom Coburn, Oklahoma Republican. (Associated Press)

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Pictured is Chinese tycoon Wang Jianlin, who plans to spend $8 billion building a Chinese version of Hollywood. (AP Photo/Ng Han Guan, File)

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Sen. Mary L. Landrieu, Louisiana Democrat, could be the swing vote in committee that decides the fate of Ron Binz, the president's nominee to be chairman of the Federal Energy Regulatory Commission. (Associated Press)