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U.S. Department of the Treasury

A collection of news and information related to U.S. Department of the Treasury published by this site and its partners.

Top U.S. Department of the Treasury Articles

Displaying items 12-22
  • AbbVie reconsiders its option with Shire

     AbbVie reconsiders its option with Shire
    AbbVie's surprise announcement late Tuesday that it is having second thoughts about its proposed acquisition of Shire raises numerous questions about the future of the deal. The North Chicago-based drugmaker said its board of directors will take...
  • AbbVie reconsiders Shire purchase, cites tax inversion crackdown

    New tax provisions designed to discourage U.S. companies from moving their headquarters to overseas tax havens may be having an effect. Drug maker AbbVie Inc. said Wednesday that it is reconsidering its planned purchase of European rival Shire and...
  • 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...
  • AbbVie to reconsider recommendation for Shire acquisition

    (Reuters) - AbbVie Inc said it intends to reconsider its recommendation to its shareholders to vote in favor of the 32 billion pound ($54.7 billion) merger with Shire Plc due to the changing U.S. tax regulations. Chicago-based AbbVie, which makes top-...
  • 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...
  • Hedge funds bleed as AbbVie reconsiders Shire bid

    LONDON (Reuters) - Some of the world's best known hedge funds lost hundreds of millions of dollars in the value of the stock they hold as Shire plunged after AbbVie's decision to reconsider its $55 billion bid for the British healthcare group. Data...
  • U.S. budget deficit lowest since 2008: Treasury

    WASHINGTON (Reuters) - The U.S. budget deficit fell by nearly a third to $483 billion in fiscal 2014, the lowest level since 2008, as a quickening economic recovery boosted tax collections and spending grew only modestly, the Treasury Department said....
  • Federal deficit down, debt still rising

    WASHINGTON The federal deficit fell sharply in the fiscal year that ended Sept. 30 but the federal debt continues to rise. The deficit for the recent fiscal year totaled an estimated $483 billion, the Treasury Department said Wednesday. That's roughly...
  • U.S. warns Europe on deflation, says ECB actions may fall short

    WASHINGTON (Reuters) - The United States on Wednesday renewed a warning that Europe risks falling into a downward spiral of falling wages and prices, saying recent actions by the European Central Bank may not be enough to ward off deflation. In a...
  • Leslie Fahrenkopf Foley: From White House To CT Campaign

    Leslie Fahrenkopf Foley: From White House To CT Campaign
    When she was 14, her father became chairman of the Republican National Committee. When she was 15, her family moved across the country to live in Washington, where she met President Ronald Reagan and First Lady Nancy Reagan. When she got married in...
  • Politics as Usual

    Debate round up Gov. Tom Corbett and Democratic opponent Tom Wolf wrapped up their third and final debate last week. For those keeping score at home, Corbett smoked Wolf in the first debate, which was held before the Pennsylvania Chamber of Business and...