| Sep 11, 2014
| 9:13 AM
Five senators on Thursday urged Burger King Worldwide Inc. not to move to lower-tax Canada, accusing the company of trying to avoid paying its fair share for roads and other public services it receives in the United States.
The letter, organized by Sen....
| Sep 3, 2014
| 6:28 PM
President Obama pledged Wednesday that the U.S. would go to war if necessary to protect former Soviet territories in the Baltic region from Russia and signaled new steps to strengthen Ukraine's ability to defend itself, sharply raising the stakes in the...
| Aug 23, 2014
| 5:03 PM
President Obama has ordered a review of the distribution of military hardware to state and local police out of concern at how such equipment has been used during racial unrest in Ferguson, Missouri.
The president ordered the examination of federal...
| Aug 25, 2014
| 6:13 PM
Burger King Worldwide Inc. is looking north to expand, launching acquisition talks with Canadian coffee-and-doughnut chain Tim Hortons Inc. and rekindling the political debate over offshore tax shifting.
Stock in both companies soared Monday after...
| Apr 1, 2014
| 8:11 PM
WASHINGTON — Since 1999, Caterpillar Inc. has routed most of the profits from its foreign replacement parts business through an affiliate in Switzerland that employs a small fraction of the company's 118,000 workers and has no warehouses.
| Mar 31, 2014
| 2:12 PM
WASHINGTON - Caterpillar Inc avoided paying $2.4 billion in U.S. taxes from 2000 through 2012 by moving profits from sales of replacement parts through a low-tax unit it set up in Switzerland, a congressional panel said on Monday.
In the latest example...
| May 19, 2014
| 7:22 PM
Swiss banking giant Credit Suisse pleaded guilty to a criminal charge that it helped wealthy Americans dodge income taxes for decades, a plea federal officials said bolstered their efforts to show that no financial firm was too big to prosecute.
| Feb 26, 2014
| 7:25 AM
WASHINGTON -- The chief executive of Credit Suisse told U.S. senators Wednesday it was "unacceptable" for Swiss banks to help Americans evade U.S. taxes and he regrets some of the firm's employees did so in the past.
"We deeply regret that -- despite...
| Feb 26, 2014
| 4:31 PM
WASHINGTON — Credit Suisse executives admitted that the giant Swiss bank helped Americans shield as much as $12 billion from taxes and even acknowledged the practice was a "mistake" and "unacceptable."
But they said they couldn't do much beyond...
| Feb 12, 2014
| 1:49 PM
WASHINGTON -- An effort by a powerful U.S. senator to broaden congressional oversight of lethal drone strikes overseas fell apart last week after the White House refused to expand the number of lawmakers briefed on covert CIA operations, according to...
| May 23, 2014
| 5:14 PM
The World Trade Organization sided with the U.S. in a dispute with China over duties on imported American automobiles, the latest in a series of victories that the Obama administration hopes will halt Beijing's use of questionable tariffs to settle...