Switzerland is on the brink of a deal to settle a long-running dispute with U.S. authorities over Swiss banks accused of helping wealthy Americans evade billions of dollars of tax, the finance minister said on Saturday.
“We hope that we will shortly be at the finishing line,” Eveline Widmer-Schlumpf told Swiss radio in an [...]
Even as Apple became the nation’s most profitable technology company, it avoided billions in taxes in the United States and around the world through a web of subsidiaries so complex it spanned continents and went beyond anything most experts had ever seen, Congressional investigators disclosed on Monday.
Timothy D. Cook, Apple’s chief executive, is [...]
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Alternative payment processing for European check processing. [...]
FIFA World Cup 2014 logo. (Photo credit: Wikipedia)
When Brazil was selected to host the 2014 FIFA World Cup, many Brazilians hoped the event would jump-start many needed infrastructure improvements – especially things like airport capacity and traffic congestion. While in most cases any upgrades in those areas have fallen short of expectations, the [...]
English: Platts logo (Photo credit: Wikipedia) Some of the world’s biggest oil companies may have a new mess on their hands.
The European Commission raided the offices of Shell, BP and Norway’s Statoil this week as part of an investigation into suspected attempts to manipulate global oil prices spanning more than a decade.
Us dept of commerce building (Photo credit: Wikipedia)
Ground-breaking for new U.S. homes plummeted more than expected in April from an almost five-year high, but applications to build new homes shows the housing sector could still contribute to the strengthening economic recovery.
The Commerce Department said on Thursday that starts at building sites for [...]
The Obama administration is forecast to turn a record $51 billion profit this year from student loan borrowers, a sum greater than the earnings of the nation’s most profitable companies and roughly equal to the combined net income of the four largest U.S. banks by assets.
Figures made public Tuesday by the Congressional Budget [...]
English: Fraz Wahlah receiving the International Asia Pacific Information & Communications Technology Award (APICTA), known as technology Oscar, in Kuala Lumpur Malaysia. Fraz Wahlah won the technology Oscar for the first time for Pakistan in the eHealth Category. Each year World’s leading economies contest for APICTA including Australia, Malaysia, China, Korea, Thailand, Pakistan, Brunei [...]
Image via CrunchBase
Dell’s board of directors wants more information from Carl Icahn and Southeastern Asset Management before considering their pitch for buying the world’s third-largest PC maker.
Icahn and Southeastern—which, combined, hold about 13 percent of outstanding Dell stock—in a letter to the board May 9 harshly criticized the $24.4 billion bid by CEO Michael [...]
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