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U.S. Department of the Treasury

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Top U.S. Department of the Treasury Articles see all

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  • Obama's myRA accounts come up short for savers

    Obama's myRA accounts come up short for savers
    President Obama's legacy will probably not include retirement savings accounts, but he did point the way to a promising option this year: a government-sponsored account, aimed at the millions of workers without access to an employer plan. As with so much else in his presidency, it's an example of high hopes trumped by mediocre execution.
  • AbbVie scraps Shire deal, increases dividend

     AbbVie scraps Shire deal, increases dividend
    AbbVie said late Monday that it was officially scrapping its $55 billion merger with Dublin, Ireland-based rival Shire, and that it will increase its quarterly dividend and buy back up to $5 billion in stock over the next several years. New U.S. tax...

    AbbVie reconsiders Shire deal after U.S. move to curb tax inversions

    AbbVie reconsiders Shire deal after U.S. move to curb tax inversions
    Illinois drugmaker AbbVie Inc. said it would reconsider the planned purchase of European rival Shire after the Obama administration recently changed U.S. tax laws to make it less financially appealing for companies to restructure abroad. The $52-billion...

    Will private industry follow Obama's lead on credit-card security?

    The Obama administration did its part to speed the switch to more secure credit cards Friday when the president signed an executive order requiring government agencies to start switching to the next generation of cards by January. How much effect this...

    Slain detective fought Tampa's mob

    Slain detective fought Tampa's mob
    TAMPA - Ken Larsen knew what had happened as soon as he heard the voice on the other end of the line. The words didn't matter. A Tampa police detective, Larsen was ringing Richard Cloud, who had just recently been fired as head of the police narcotics...