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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 34-44
  • Secret Service disarray fuels questions over Obama's safety

    Secret Service disarray fuels questions over Obama's safety
    WASHINGTON - When Secret Service officer Timothy McCarthy took a bullet to protect Ronald Reagan in a 1981 assassination attempt and agent Jerry Parr shoved the president into a limousine, their quick reflexes projected a Hollywood-style image of...
  • Billionaire Klesch eyes new European refinery buy, defying trend

    LONDON (Reuters) - Billionaire investor Gary Klesch, about to complete the purchase of a second European refinery, is already looking to his next deal in a sector that others are scrambling to exit. After buying a struggling refinery in Wales in July,...
  • New rules unlikely to stop Medtronic deal

    MINNEAPOLIS Newly announced tax rules will make it more complex and expensive for U.S. companies to pursue maneuvers like Medtronic's proposal to acquire Irish health care company Covidien and move the combined company's legal headquarters overseas....
  • Going after Islamic State's sources of financing

    Going after Islamic State's sources of financing
    Shaky video posted to YouTube last week pans across foot-high bundles of $100 bills topped by two shining gold ingots. A man's voice calls for Islamic blessings and says the rich trove — "maybe even millions of dollars" — belongs to Usama...
  • Fashion district crackdown: Strict cash reporting ordered after raids

    Fashion district crackdown: Strict cash reporting ordered after raids
    Federal authorities cracking down on suspected money laundering linked to Mexican drug cartels said they warned about 2,000 businesses in the downtown Los Angeles fashion district Thursday that they must follow stricter rules on reporting cash...
  • US, anti-Assad rebels in Syria remain at odds over role of al-Qaida's Nusra Front

    WASHINGTON To the United States and its allies, the Nusra Front is a fearsome al-Qaida affiliate whose extremist ideology has no place in a future Syria. To many Syrian rebels, however, Nusra fighters are vital warriors in the battle to topple...
  • As Gross exit sank in, traders saw confusion, then opportunity

    (Reuters) - As bond traders began what they thought would be a quiet day last Friday, a simple headline crossed their screens: "William H. Gross joins Janus Capital." Confusion ensued. Several asset managers and traders wondered whether the news was...
  • Mexico arrests drug lord Beltran Leyva posing as businessman

    MEXICO CITY (Reuters) - Hector Beltran Leyva, one of the most notorious Mexican drug lords still at large, was captured on Wednesday by soldiers at a seafood restaurant in a picturesque town in central Mexico popular with American retirees. The...
  • 'Earnings stripping': The next tax-dodging strategy in Obama's crosshairs?

    WASHINGTON (Reuters) - When the Obama administration clamped down last month on companies that reincorporate abroad to escape high U.S. taxes, it did not address a tax-dodging technique known as "earnings stripping," leaving some to wonder if it is the...
  • L.A. fashion district faces closer scrutiny in money laundering probe

    LOS ANGELES (Reuters) - The U.S. Treasury Department will soon order heightened financial disclosure requirements for about 2,000 businesses in the Los Angeles fashion district, which is suspected of operating as a major money laundering hub for Mexican...
  • The Obama administration's incomplete answer to corporate inversions

    Obama administration officials freely admit that their new effort to deter corporate inversions -- a form of accounting fiction U.S. corporations are increasingly using to avoid taxes on income they earn in foreign countries -- won't actually stop the...