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British-based drug company GlaxoSmithKline is battling the U.S. Internal Revenue Service over a potential $1.9 billion in back taxes, interest and penalties.
Glaxo had already […]
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President Barack Obama encouraged Americans Thursday to take advantage of historically low mortgage rates and said his administration was rolling out further phases of […]
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The Financial Accounting Standards Board, which sets U.S. accounting rules, proposed Monday to allow companies to exercise more judgment in determining if a market […]
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Industrial production probably fell in February for the sixth time in seven months as cutbacks at automakers and collapsing exports rippled across the U.S., […]
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The government on Monday unveiled a revamped rescue package to insurance giant American International Group and said it will provide the troubled company with […]
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There’s a nice windfall for some homebuyers in the economic stimulus bill awaiting President Obama’s signature on Tuesday. First-time buyers can claim a credit […]
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Thousands more Missourians have had their natural-gas service shut off for nonpayment this year than in previous years, another sign of a faltering economy […]
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U.S. retail sales in October suffered the worst monthly drop on record as more Americans shunned discretionary purchases amid accelerating job losses in a […]
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Imre Apostagi says the hospital upgrade he's overseeing has stalled because his employer in Budapest can't get a foreign-currency loan.
The company borrows in […]
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Dave Croft Motors filed for Chapter 11 bankruptcy protection Wednesday but plans to remain open as it attempts to reorganize.
In filings in U.S. […]
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