Washington, DC, Virginia, Maryland business news headlines with stock portfolio and market news, economy, government/tech policy, mutual funds, personal finance. Dow Jones, S&P 500, NASDAQ quotes. Features top DC, VA, MD businesses, company research tools
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NEW YORK -- Wall Street wavered Wednesday as a mild recovery in oil prices sapped the momentum from the previous day's big stock rally.
Read Stocks Fluctuate as Oil Prices Rebound (Links)
Read John Templeton, 95; Billionaire Invested in Science, Religion (Links)
Medicare has paid as much as $92 million since 2000 to medical suppliers who billed the government for wheelchairs and other home equipment purportedly prescribed by physicians who, according to records, were dead at the time, congressional investigators said yesterday.
Read Billings Used Dead Doctors' Names (Links)
Oil prices tumbled yesterday for a second straight day, sliding $5.33 a barrel due in large measure to softening demand because of the slowdown in the U.S. and European economies.
Read Oil Sinks $9 in Two Days As Global Economy Cools (Links)
A piece of advice for the uninitiated: The snowy white swirl of "classic" frozen yogurt at Dupont Circle's Tangysweet is anything but vanilla.
Read Sweet Tart (Links)
Read U.S. Joins G-8 Plan To Halve Emissions (Links)
The U.S. Transportation Department announced the first major update to its vehicle safety rating program in seven years yesterday, drawing mixed reactions from advocates who hoped the government would go further in revamping the way it tests automobiles, trucks and sport-utility vehicles.
Read Female Crash Dummies Part of Updated Vehicle Safety Tests (Links)
The chief regulator for mortgage giants Fannie Mae and Freddie Mac said today he did not think a proposed change in accounting rules should force the companies to raise large amounts of new capital.
Read Regulator Sees No Need for Freddie, Fannie to Raise New Capital (Links)
The government should create a new system to ensure that major financial firms can fail without creating risks for the larger economy, Federal Reserve Chairman Ben S. Bernanke said today, in a sweeping speech that outlined his views on how regulation of the financial system should be overhauled.
Read Fed Chair Says U.S. Economy Needs New Regulatory System (Links)
Marcus Brauchli was named executive editor of The Washington Post yesterday, returning him to the top ranks of American journalism less than three months after Rupert Murdoch forced him out as the Wall Street Journal's editor.
Read The Post's New Executive Editor Once Headed Wall Street Journal (Links)
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