Michigan deals blow to labor unions

(Bill Pugliano / Getty Images)

The state enacted far-reaching legislation Tuesday that threatens to cripple the power of organized labor in a place that was a hub of union might during the heyday of the nation’s industrial dominance. The “right to work” effort illustrates the power of Republicans to use state legislative majorities won in 2010 to pursue their policy preferences.

Obama, Boehner trade ‘cliff’ proposals but appear no closer to forging a deal

Obama, Boehner trade ‘cliff’ proposals but appear no closer to forging a deal

Sides still sniping just three weeks before tax hikes and spending cuts are set to take effect.

What confidence surveys are telling us about the fiscal cliff

What confidence surveys are telling us about the fiscal cliff

WONKBLOG | Small businesses are freaking out about the fiscal cliff. Here’s why that matters.

3 arrested in LIBOR probe

3 arrested in LIBOR probe

Britain’s Serious Fraud Office says three men have been arrested as part of a probe of the manipulation of a key market interest rate.

As developed world struggles, talk of a U.S.-E.U. trade deal intensifies

As developed world struggles, talk of a U.S.-E.U. trade deal intensifies

A free trade zone across the Atlantic would be the largest in the world — but politically difficult to negotiate.

Google revenues sheltered in no-tax Bermuda soar to $10 billion

Google revenues sheltered in no-tax Bermuda soar to $10 billion

Google avoided about $2B in income taxes in 2011 by shifting $9.8B in revenues, filings show.

We are our brother’s keepers

We are our brother’s keepers

COLUMN | Siblings want to help hurricane victims but fear rewarding past wasteful behavior.

Treasury poised to sever ties with AIG

Treasury poised to sever ties with AIG

Geithner announces planned sale of shares of a company that proved vexing for the outgoing secretary.

A hunt for start-ups in unlikely places­­­

A hunt for start-ups in unlikely places­­­

In 2013, expect a push for start-up activity among demographics and in cities not traditionally known for producing entrepreneurs.

On Wednesday, Pope Benedict XVI becomes Twitter’s latest famous user

On Wednesday, Pope Benedict XVI becomes Twitter’s latest famous user

Wooing of pontiff is part of a wider strategy by the company to recruit more big-name users.

Justice Department outlines HSBC transactions with drug traffickers

Justice Department outlines HSBC transactions with drug traffickers

British bank pays record $1.9B to settle charges it laundered drug cash and violated U.S. sanctions.

U.S. stocks rise

U.S. stocks rise

Stocks gain after German investor confidence climbed.

Local Business News

TNS to go private in acquisition

The data communications company said it will be acquired by an investor group led by Siris Capital Group in a deal valued at about $862 million.

Read more Capital Business news

Small Business News

SBA OKs $15oM in loans after Sandy

SBA OKs $15oM in loans after Sandy

More than 2,500 homeowners, renters and businesses in the Northeast recieved loans.

Read more news from On Small Business

Business Blogs & Columns

Ezra Klein

Ezra Klein

COLUMN | For the White House, tax rates, the debt ceiling and stimulus have emerged as core priorities.

Thomas Heath

Thomas Heath

COLUMN | Sarah Larson has revived a bookbinding business by paying attention to clients and costs.

Ezra Klein

Ezra Klein

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

Michelle Singletary

Michelle Singletary

COLUMN | Siblings want to help hurricane victims but fear rewarding past wasteful behavior.

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 | Potential windfall could benefit U.S. taxpayers and still let gas companies make a profit.

Warren Brown

Warren Brown

COLUMN | There is a lot to like in value-priced 2013 Nissan Sentra.

Barry Ritholtz

Barry Ritholtz

COLUMN | Other factors are weighing much more on equity markets than the ‘fiscal cliff’ talks.

Innovations

Marissa Mayer, chief executive officer of Yahoo! Inc., smiles during TechCrunch Disrupt SF 2012 in San Francisco, California, U.S., on Wednesday, Sept. 12, 2012. Mayer is trying to drive a turnaround at a company that suffered three straight years of sales declines as Google Inc. and Facebook Inc. did a better job attracting users and advertisers. Photographer: David Paul Morris/Bloomberg *** Local Caption *** Marissa Mayer

Women, men and 2013

The Webbmedia Group released its tech trends for 2013 with a notable projection for women in the new year.

The NASA logo is seen on the outside of the Vehicle Assembly Building at the NASA Kennedy Space Center in Cape Canaveral, Florida, U.S., on Tuesday, Jan. 17, 2012. Florida will hold its Republican presidential primary on Jan. 31. Photographer: Andrew Harrer/Bloomberg

Whither NASA?

A committee of experts found confusion within the agency regarding its priorities.

On Leadership

airport icon

A real ‘binder full of women’

This year, Catalyst isn’t just reporting data on women in business leadership roles. It’s also hoping to do something about it.

(FILES) The Apple logo is seen in this September 11, 2012 file photo at the Yerba Buena Center for Arts in San Francisco. Anticipation built October 23, 2012 as Apple prepared to unwrap its 'iPad Mini,' launching a foray into the crowded market of smaller tablet computers dominated by Amazon, Google, and Samsung. As is its style, Apple remained mute regarding its exact plans but took the unusual step of saying it would livestream the event, from 1700 GMT in San Jose in the heart of Silicon Valley -- albeit only on its own products. Invitations to the first major product launch since the death of Apple's visionary co-founder Steve Jobs last year and his replacement by Tim Cook bore only time and location details along with the message: 'We've got a little more to show you.' However, rampant rumor fueled by industry insiders foretold of the arrival of an 'iPad Mini' priced from $249 to $399 with a screen measuring 7.85 inches (20 centimeters) diagonally across. AFP PHOTO / Kimihiro HOSHINO / FILESKIMIHIRO HOSHINO/AFP/Getty Images

Apple’s Tim Cook on creativity

The Apple CEO recently gave interviews that provide a window into his leadership philosophy.

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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

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Business Video

Delta-Virgin Atlantic deal means access to Heathrow

Delta-Virgin Atlantic deal means access to Heathrow

Delta Air Lines said it will buy almost half of Virgin Atlantic for $360 million as it tries to catch up to competitors in the lucrative New York-to-London travel market.
Beyonce and Pepsi announce advertising partnership

Beyonce and Pepsi announce advertising partnership

Beyonce and Pepsi announce advertising partnership
HSBC to pay $1.9B settlement in laundering case

HSBC to pay $1.9B settlement in laundering case

VIDEO | British-owned bank HSBC is paying $1.9B to settle a US money-laundering probe. The bank was investigated for involvement in the transfer of funds from Mexican drug cartels and sanctioned nations like Iran.
Simpson, Bowles optimistic for deal on  ‘fiscal cliff’

Simpson, Bowles optimistic for deal on ‘fiscal cliff’

VIDEO | Deficit reduction duo Alan Simpson and Erskine Bowles on whether Congress and the White House will stop the country from going over the “fiscal cliff” on January 1.
Obama: Tax hike on wealthy only ‘fiscal cliff’ deal I'll sign

Obama: Tax hike on wealthy only ‘fiscal cliff’ deal I'll sign

VIDEO | President Obama said in his weekly address that there is still some wiggle room on what Democrats are willing to give in negotiations over the “fiscal cliff.” But increasing taxes on the wealthy, he stressed, is "one principle I won't compromise on."
Michigan union worker:  Right-to-work ‘bad for us’

Michigan union worker: Right-to-work ‘bad for us’

VIDEO | In a flex of political muscle, Republicans in Michigan in a single day reached the brink of a goal that for years has seemed an all-but-impossible dream: making the labor bastion of Michigan a right-to-work state.
U.S. economy add 146K jobs, rate falls to 7.7%

U.S. economy add 146K jobs, rate falls to 7.7%

VIDEO | The U.S. economy added a 146,000 jobs in November, bringing the unemployment rate down to 7.7 percent, the lowest since December 2008. The government said superstorm Sandy had only a minimal effect on the figures.
Boehner: ‘No progress’ on ‘fiscal cliff’ talks

Boehner: ‘No progress’ on ‘fiscal cliff’ talks

VIDEO | House Speaker John A. Boehner said Friday there has been “no progress” on “fiscal cliff” negotiations between Congress and the White House.
John McAfee briefly hospitalized

John McAfee briefly hospitalized

VIDEO | Software pioneer John McAfee was arrested in Guatemala after several weeks on the run. He was later rushed to a hospital complaining of chest pains.
Michigan right-to-work vote triggers protests

Michigan right-to-work vote triggers protests

VIDEO | Protesters jammed into the Michigan state capitol after lawmakers from both chambers approved right-to-work legislation. The measures free nonunion employees from paying union fees.
McAfee arrested in Guatemala

McAfee arrested in Guatemala

VIDEO | Software pioneer John McAfee is under arrest in Guatemala. He's accused of entering that country illegally. McAfee fled to Guatemala seeking asylum, claiming that he's threatened by authorities in Belize.
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
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.