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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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  • 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.
  • 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...

    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...

    Neel Kashkari gives another $1 million to gubernatorial campaign

    Neel Kashkari wrote another seven-figure check for his gubernatorial bid Friday, according to filings with the secretary of state. Ksahkari reported giving his campaign $1,040,000 on Friday. That's in addition to the $2.1 million he had previously put...

    AbbVie urges shareholders to reject Shire deal due to tax rule change

    The board of directors of Illinois drug maker AbbVie Inc. recommended that shareholders reject the acquisition of European rival Shire, saying recent changes to U.S. tax rules eliminated some of the financial benefits of the $52-billion deal. The...