Firm that received stimulus funds faces auction

(Jeffrey Sauger / Bloomberg)

Battery maker A123 Systems, which received $133M in federal stimulus grants, was a cornerstone of President Obama’s effort to make the United States a global leader in clean energy technology.

Citigroup to cut 11,000 jobs

Citigroup to cut 11,000 jobs

The bank says it’s looking to cut expenses and improve efficiency.

John McAfee arrested in Guatemala

John McAfee arrested in Guatemala

Tech giant, wanted in Belize for questioning in neighbor’s death, was detained for illegal entry.

Three SEC officials to leave

Three SEC officials to leave

Exit of division heads and agency’s general counsel comes as SEC chief is also stepping down.

Fed governor Daniel Tarullo pushing for policy to rein in on bank size

Fed governor Daniel Tarullo pushing for policy to rein in on bank size

The proposals attempt to limit the risks the largest banks can pose to the financial system and taxpayers.

Environmental group seeks to curb emissions from existing power plants

Environmental group seeks to curb emissions from existing power plants

The Natural Resources Defense Council says its plan would give states flexibility to meet standards.

IMF recasts policy on capital controls

IMF recasts policy on capital controls

International Monetary Fund now says it is “appropriate” for countries to sometimes restrict investment.

SEC charges Chinese arms of 5 accounting firms over data

SEC charges Chinese arms of 5 accounting firms over data

SEC has been seeking documents related to investigations of possible wrongdoing at nine firms.

Poll: Parents don’t want children’s information collected over Internet

Poll: Parents don’t want children’s information collected over Internet

Survey comes just before federal officials are set to vote on a proposal to strengthen child privacy laws.

Justice Department meets with firms seeking Google antitrust investigation

Justice Department meets with firms seeking Google antitrust investigation

A case against the search giant would be a landmark probe akin to the U.S. showdown with Microsoft.

U.S. stocks advance

U.S. stocks advance

Stocks rise amid optimism over fiscal cliff negotiations.

Local Business News

Judge: Homeowner must delete some accusations on Yelp, Angie’s List

Judge: Homeowner must delete some accusations on Yelp, Angie’s List

D.C. contractor who sued woman for defamation over online reviews hails preliminary injunction as a victory.

Read more Capital Business news

Small Business News

LivingSocial to provide daily deals, services for small D.C. firms

LivingSocial to provide daily deals, services for small  D.C. firms

Agreement is part of the $32.5M tax incentive that the D.C. Council passed this summer.

Read more news from On Small Business

Business Blogs & Columns

Michelle Singletary

Michelle Singletary

COLUMN | Survey says parents should protect their kid’s financial identity as they would their own.

Ezra Klein

Ezra Klein

COLUMN | House Speaker John Boehner is trying to call a mulligan, becoming more centrist than before.

Neil Irwin

Neil Irwin

These snapshots of the global economy could look a lot worse, but the U.S. picture isn’t pretty.

Steven Pearlstein

Steven Pearlstein

COLUMN | If we don’t like the rip-out-your-eyeball culture of Wall Street, we can take our money elsewhere.

Warren Brown

Warren Brown

COLUMN | Warren Brown says the crossover-utility model defines “entry-level luxury” for the industry.

Thomas Heath

Thomas Heath

The investment firm president remains confident in the long-term prospect of the U.S. economy.

Innovations

Signage is displayed at Google Inc. headquarters in Mountain View, California, U.S., on Tuesday, Jan. 25, 2011. Google Inc., owner of the world's most popular search engine, plans to hire at least 6,000 people this year as the company fights off rivals such as Facebook Inc. Photographer: Tony Avelar/Bloomberg

Thomson Reuters releases patent-based top-innovators list

In its second annual list, Google, Lockheed and AT&T make the patent-related grade.

epa03429314 A handout photo provided by NASA on 11 October 2012 and taken by the Curiosity rover's right Mast Camera (Mastcam-100) on 10 October 2012, the 64th sol, or Martian day, shows fine sand from Mars that was filtered by NASA's Curiosity rover as part of its first 'decontamination' exercise. These particles passed through a sample-processing sieve that is porous only to particles less than 0.006 inches (150 microns) across. The view from the rover's Mast Camera looks into the portion box and 'throat' of the Collection and Handling for In-Situ Martian Rock Analysis (CHIMRA) tool on the end of the rover's arm.  The image is part of the first 'decontamination' exercise by the Collection and Handling for In-Situ Martian Rock Analysis (CHIMRA) tool on the end of the rover's arm, which includes the scoop, the sieve and other components. The decontamination exercise involved scooping some soil, shaking it thoroughly inside the sample-processing chambers to scrub the internal surfaces, putting it through a sieve, dividing it into the appropriate portions and then discarding the sample.  EPA/NASA/JPL-Caltech/MSSS/HANDOUT  HANDOUT EDITORIAL USE ONLY

Curiosity rover completes full analysis of soil samples

The latest findings from Curiosity that were billed as being “for the history books,” fall short of initial expectations.

On Leadership

epa03473883 US President Barack Obama speaks at a bipartisan group of congressional leaders as Speaker of the House John Boehner (L) looks on in the Roosevelt Room of the White House in Washington, DC., USA, 16 November 2012.  EPA/OLIVIER DOULIERY / POOL

Moral values and the fiscal cliff

It may seem counterintuitive, but our political leaders should avoid using the word “compromise” too often.

ARLINGTON, VA –NOVEMBER 17: A resume form that students of Edu-Futuro worked on at the Clarendon Education Center in Arlington, VA. November, 17, 2012 in Arlington, VA.(Photo by Craig Hudson/For The Washington Post)

One thing you shouldn’t leave off your resume

If you run out of room on your CV, don’t axe the volunteer work.

More news from our partners

Editor's Choice

The drought of 2012

It has been more than a half-century since a drought this extensive hit the United States.

Keystone: Down the Line

From Alberta to Texas, The Post explores the planned route of the Keystone XL pipeline.

Apple’s new headquarters: A first look

Apple plans to revamp its sprawling campus in Cupertino, Calif. Here are the renderings.

Post Business on Twitter

washpostbiz

Wonkbook: No increase in tax rates, no austerity crisis deal http://t.co/1l1vsBzr

washpostbiz

How do other countries view the fiscal cliff? Lots of pointing and laughing. http://t.co/ogXq25Zb

washpostbiz

LivingSocial to provide daily deals, services for small D.C. firms http://t.co/Zov4CHd6

washpostbiz

Graph of the day: Americans buying more fuel- efficient cars, polluting less http://t.co/6j2WNm04

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Business Video

Obama: Press got enough there to ‘spin a story’

Obama: Press got enough there to ‘spin a story’

VIDEO | President Obama addressed members of the Business Roundtable in Washington, D.C. on Wednesday. The press were ushered out before the president took questions from business leaders.
Dems: ‘Fiscal cliff’ talks ‘ought not be about tactics'

Dems: ‘Fiscal cliff’ talks ‘ought not be about tactics'

VIDEO | With the “fiscal cliff” looming, House Democrats say they are hopeful Republican leaders will agree to a separate vote on the middle income tax cuts ahead of the new year.
Boehner challenges White House on ‘fiscal cliff'

Boehner challenges White House on ‘fiscal cliff'

VIDEO | The Obama administration and House Speaker John Boehner continue to ridicule the negotiating stances of the other side with Boehner saying the White House's plan couldn't pass either chamber of Congress.
Obama, Republians still stagnant on ‘fiscal cliff’

Obama, Republians still stagnant on ‘fiscal cliff’

VIDEO| The White House and Congress remain far from any deal to prevent the "fiscal cliff."
John McAfee says he left Belize in war with police

John McAfee says he left Belize in war with police

John McAfee Says He Left Belize in War With Police
Graham: I think we're going over ‘fiscal cliff’

Graham: I think we're going over ‘fiscal cliff’

VIDEO | Sen. Lindsey Graham (R-S.C.) says he thinks the U.S. is going over the “fiscal cliff,” even though he and other Republicans are serious about raising revenues.
Geithner: Parties ‘a bit apart’ on ‘fiscal cliff,’ will ‘get there’

Geithner: Parties ‘a bit apart’ on ‘fiscal cliff,’ will ‘get there’

VIDEO | U.S. Treasury Secretary Timothy Geithner says he thinks Congress and the White House will find a solution to stop the country from going over the “fiscal cliff.”
Sen. Hatch: Obama's ‘fiscal cliff’ plan a ‘bait and switch’

Sen. Hatch: Obama's ‘fiscal cliff’ plan a ‘bait and switch’

VIDEO | Delivering the GOP's weekly address, Sen. Orrin Hatch (R-Utah) charged that President Obama's "balanced approach" proposal to dealing with the looming "fiscal cliff" is "a classic bait and switch."
Obama: GOP holding middle class tax cuts ‘hostage’

Obama: GOP holding middle class tax cuts ‘hostage’

VIDEO | Addressing the stalemate over how to deal with the looming "fiscal cliff," President Obama in his weekly address slammed Republicans for holding "middle class tax cuts hostage."
Obama: Tax hikes mean a 'Scrooge Christmas

Obama: Tax hikes mean a 'Scrooge Christmas

VIDEO | President Barack Obama is urging Congress to pass an extension of tax cuts for middle class families, saying a tax increase for them would be like a 'lump of coal' for Christmas. Or worse, a “Scrooge Christmas.”
Boehner: 'Almost nowhere' on ‘fiscal cliff’

Boehner: 'Almost nowhere' on ‘fiscal cliff’

VIDEO | House Speaker John Boehner says bargaining between White House officials and congressional leaders to avoid the fiscal cliff has gone "almost nowhere."
Norquist: Two conditions will make fiscal cliff solution

Norquist: Two conditions will make fiscal cliff solution "good"

VIDEO | Grover Norquist, President of Americans for Tax Reform, lists the two things that need to happen for lawmakers to get a "good product" that solves the fiscal cliff crisis.
Obama: Middle class tax cuts too important to screw up

Obama: Middle class tax cuts too important to screw up

VIDEO | At the White House Wednesday, President Obama addressed a group of Americans whose taxes would go up if Congress fails to extend the middle class tax cuts.
Obama launches PR effort on ‘fiscal cliff’ as deadline looms

Obama launches PR effort on ‘fiscal cliff’ as deadline looms

VIDEO | There has been some optimism in the last few days about a potential compromise in the fiscal cliff negotiations, but that confidence is starting to fade away.
White House: Tax hike threat might hurt retailers

White House: Tax hike threat might hurt retailers

White House economists warned Monday that the uncertainty of a potential hike in taxes next year for middle class taxpayers under the looming fiscal cliff could hurt consumer confidence during this crucial holiday shopping season.
Cyber Monday deals last through holiday shopping season

Cyber Monday deals last through holiday shopping season

While Cyber Monday can be seen as a banner for consumers to shop, it's not the only day to snag holiday deals. In fact, many of the same deals are available throughout the holiday shopping season.
Townhouses face the waterfront at the Dockside Green residential development in Victoria, British Columbia, Canada, on July 12, 2008. The 26-building, 1.3-million-square-foot (120,000-square-meter) project will feature a heating plant fed by waste wood chips, and is aiming to achieve a LEED platinum award from the Canada Green Building Council. Photographer: Enrico Dagostini/Busby Perkins + Will via Bloomberg News  EDITOR'S NOTE: NO SALES. EDITORIAL USE ONLY.

World’s best real estate markets

Home prices may be slipping in the U.S., but they’re booming in some other nations. Here’s a list of the 10 countries that saw the greatest increase in housing prices last year.

The nation’s unemployment picture

Use this graphic to explore how the unemployment rate around the country has changed over the last year.