The Internal Revenue Service is staffing up with high-powered talent to crack down on companies shifting profits from country to country to lower their tax bills, a strategy the agency has targeted before with only limited success.
Technology giant Oracle Corp said quarterly sales of new software rose 7 percent from a year earlier to $2.4 billion, at the high end of its own forecast.
A warning about China's growth sparked selling in energy and industrial shares on Tuesday, but the broad market's losses were contained, a sign of resilience for U.S. stocks.
A federal appeals court dismissed a lawsuit seeking to hold JPMorgan Chase & Co responsible for services allegedly provided by the former Washington Mutual Inc to advance a Ponzi scheme at Caribbean-based Millennium Bank.
The most significant legacy of the coup was the blowback the U.S. suffered in Iran.
Dan Magder recently gave up a top job with private equity firm Lone Star Funds to strike out on his own and become a landlord.
Greece has received the first 7.5 billion euros ($ 9.9 billion) of aid from its new EU/IMF bailout, with the bulk of the payment going to repay bonds held by the euro zone's central banks, government officials said on Tuesday.
The People's Mujahedin of Iran, known as MEK, may have gone from being an anti-Western militant group to a clandestine ally helping to disrupt the Iranian nuclear program.
Stocks retreated from a near 4-year high on Tuesday on signs that indicated China's economy may be slowing.
Permits for homebuilding neared a 3.5-year high in February, suggesting a budding recovery in the housing market was still on track even though groundbreaking activity slipped.
JPMorgan Chase & Co agreed to pay $150 million to settle a lawsuit by pension funds and other investors accusing the largest U.S. bank of imprudently investing their cash in a risky debt vehicle that collapsed in 2008.
U.S. stocks fell on Tuesday after a 3-day winning streak for the S&P 500 on concerns that China's economy may be slowing down.
The market clearly liked the news – Apple shares jumped 2.65 percent on Monday to close above $600 per share for the first time.
Germany's Deutsche Bank said on Tuesday it had hired global security firm G4S to build and manage a new precious metals vault, as it seeks to cash in on booming investor demand for physical gold and silver.
Gold fell on Tuesday, hurt by strength in the dollar which profited from the growing view in the market that the U.S. economy is on a firmer footing, ending a three-day rally in the bullion price.
Glencore , the world's largest commodities trader, is buying Canada's leading grain handler, Viterra , in a cash deal valuing it at C$6.1 billion ($6.2 billion).
Stocks fell at the open on Tuesday as equities paused after a 3-day winning streak for the S&P 500, which came within 10 percent of a historic closing high.
Commodities trader Glencore , backed by partners Richardson International and Agrium Inc , has agreed to buy Canada's Viterra in a cash deal valuing the country's largest grain handler at C$6.1 billion ($6.2 billion).
Stock were set for a lower open on Tuesday as equities appeared ready to pause after the S&P 500 advanced for a third straight session, moving within 10 percent of its historic closing high.
Permits for U.S. homebuilding neared a 3-1/2 year high in February, even as groundbreaking activity slipped, suggesting a nascent recovery in the housing market was still on track.
Stock index futures fell on Tuesday ahead of housing market data after the S&P 500 advanced for a third straight session, moving within 10 percent of its historic closing high.
Stock index futures fell on Tuesday ahead of housing market data after the S&P 500 advanced for a third straight session, moving within 10 percent of its historic closing high.
Swiss bankers are on the defensive with their secretive industry under sustained attack for sheltering tax dodgers. Some cannot travel abroad for fear of arrest in tax investigations.
Greece's current account deficit shrank 46 percent year on year in January, helped by a smaller trade gap, the country's central bank said on Tuesday, in a rare bit of good news for the recession-hit economy.
Critics of China's foreign exchange regime have shifted their focus from the value of the yuan to the mechanism in which its day-to-day level is set, the head of the OECD said on Tuesday, a fresh sign that currency may be near its equilibrium level.
U.S. stock index futures fell on Tuesday ahead of housing market data after the S&P 500 advanced for a third straight session, moving within 10 percent of its historic closing high.
France's data protection watchdog has given internet search group Google Inc three weeks to answer questions about its new privacy policy, as part of a Europe-wide investigation being led by the French regulator.
French Queen Marie Antoinette -- who historically bears the brunt of having uttered the four words, summing up the obliviousness of the French monarchy to the poverty of the peasants, prior to the French revolution -- may have found her modern day avatar in the Syrian first lady Asma al-Assad. Upon learning that her subjects had no bread to eat during the famine that occurred in France due to the mismanagement of treasury, Antoinette, wife of Louis XVI of France, famously remarked: Let them ...
Royal Bank of Scotland is closing its equity capital market and corporate finance units in South Korea and cash equities businesses in Indonesia, Singapore and Korea, according to an internal memo seen by Reuters on Tuesday.
In Sweden, monetary transactions made with physical cash are down to three percent of the national economy... and the rest of the world may be closer to cashless than you think.
