iPhone sales catapult Apple to record results; profits soar

The iPhone is taking over Apple.
For the first time, the device that changed how people use mobile phones accounts for more than half of the […]

IRS estimates 17 percent of taxes went unpaid

People and businesses underpaid their taxes by an estimated 17 percent in the most recent year studied, meaning they failed to send the government $450 […]

AP survey: Economy to pick up but still vulnerable

The U.S. economy will grow faster in 2012 _ if it isn’t knocked off track by upheavals in Europe, according to an Associated Press survey […]

New-home sales fell 1 percent in June

Fewer people bought new homes in June, evidence that the housing market remains weak.
Sales of new homes fell 1 percent last month to an annual […]

Anti-austerity protesters return to Madrid plaza

Thousands of protesters angry about Spain’s brutal economic woes once again filled Madrid’s downtown Sol square Sunday after many spent weeks marching hundreds of kilometers […]

House panel takes up NLRB complaint against Boeing

A congressional panel is holding a hearing in South Carolina on a National Labor Relations Board complaint against aircraft manufacturer Boeing over a non-union jet […]

Tax preparer jailed for filing bogus charity claims

A judge has sent a Brampton tax preparer to prison for three years for fraud after he filed more than $34 million in phoney charitable […]

IMF backs UK economic policy despite low growth

The British government should stick to its guns and continue its deficit-reduction strategy despite weaker than anticipated economic growth, the International Monetary Fund said Monday.
Though […]

Google announces cloud-based music service

Google Inc. unveiled its long-planned music service Tuesday, but it will likely need deals with the recording industry to reach its full potential.
Called “Music Beta […]

Savvis acquired by large telecom company

CenturyLink, Inc. and Savvis, Inc. announced a merger on Wednesday under which CenturyLink will acquire all outstanding shares of Savvis common stock in a cash […]