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washingtonpost.com - Business
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Washington,DC,Virginia,Maryland business headlines,stock portfolio,markets,economy,mutual funds,personal finance,Dow Jones,S&P 500,NASDAQ quotes,company research tools. Federal Reserve,Bernanke,Securities and Exchange Commission.
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Telecom Reporting Rule May Be Eased
Phone giants AT&T, Verizon Communications and Qwest today are expected to win approval to report less information to the Federal Communications Commission on such matters as consumer complaints and infrastructure investments.

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Revisions Considered for Valuations Of Public Pension Fund Payouts
The leading U.S. association of actuaries is considering a change to the way state and local officials value the cost of their pension promises, which could force governments to dramatically raise their contributions to their retirement plans.

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Real Estate Live
The Post's Maryann Haggerty and columnist Elizabeth Razzi answer your questions about the local housing market.

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A Con Game In Pinstripes
We're entering that exciting phase of any financial crisis when the lawsuits come fast and furious, criminal charges are lodged, and Wall Street firms agree to pay hundreds of millions of dollars for having snookered their customers once again.

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Abramoff Gets Reduced Sentence of Four Years in Prison
Jack Abramoff, the powerhouse Washington lobbyist who admitted running a wide-ranging corruption scheme that ensnared lawmakers, Capitol Hill aides and government officials, yesterday received a reduced sentence of four years in prison because of his cooperation with federal investigators.

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Emissions Standards Tightened
The Environmental Protection Agency yesterday tightened emissions standards for new gasoline-powered lawn mowers, weed trimmers and boat engines, reducing the amount of smog-causing pollution these motors will be allowed to emit.

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Boeing Machinists Vote to Strike
Boeing aircraft assembly workers last night voted to strike, threatening to paralyze the world's second-largest aircraft manufacturer at a time of booming business and likely further delaying delivery of the company's new fuel-efficient 787 commercial jet.

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In Va., Biden Praises Rival's Speech, Says Key Issues Weren't Addressed
Sen. Joseph R. Biden Jr., the Democratic Party's vice presidential candidate, grudgingly offered good marks yesterday to his Republican counterpart for her first major campaign speech, saying on a swing through Northern Virginia that Alaska Gov. Sarah Palin had given a "heck of a political speech."

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Palin's Efforts to Reform Health Care Are Complicated
ST. PAUL, Minn., Sept. 4 -- When Alaska Gov. Sarah Palin took office, she inherited a vexing health-care problem common to many states: whether to let small clinics compete freely against hospitals for such services as outpatient surgery and MRIs.

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BP Concedes to Russian Partners
MOSCOW, Sept. 4 -- The British energy giant BP and its billionaire partners in Russia's third-largest oil company said Thursday that they had resolved an ugly, high-profile battle for corporate control that had become a test of Moscow's openness to foreign investment.

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Ciena Shares Sink As Profit Plunges, Outlook Weakens
Shares of Ciena took a hammering yesterday, losing nearly a quarter of their value after the Linthicum Heights company announced a decline in third-quarter profit and warned of a sales slowdown.

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Sony recalls laptops for possible overheating
TOKYO -- Sony Corp. is recalling 440,000 Vaio laptop computers worldwide because of a wiring flaw that could cause overheating.

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