Tag: Government business and finance
EXPLAINER: Curbing tax avoidance by multinational companies
FRANKFURT, Germany — How can governments keep multinational companies from avoiding taxes by shifting profits to subsidiaries in low-tax countries?
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US will revisit Trump-era decision for Alaska rainforest
JUNEAU, Alaska — The federal government announced plans Friday to “repeal or replace” a decision by the Trump administration last fall to lift restrictions...
Harris to tout child care funding and payments to families
Vice President Kamala Harris will highlight the Biden administration's efforts to expand child care and relieve the financial pressures of parenthood during a visit...
Biden to return diverted border wall money, spend down rest
WASHINGTON — Former President Donald Trump’s signature border wall project would lose much of its funding as well as the fast-track status that enabled...
Biden sells G-7 on global tax, but U.S. Congress is a hurdle
President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the U.S. Congress could be a...
Biden nominee’s link to 1989 logging sabotage blasted by GOP
BILLINGS, Mont. — President Joe Biden’s nominee to oversee federal lands in the U.S. West is facing Republican pressure to withdraw over her ties...
Race organizers apologize for Confederate flag inside car
WINSTON-SALEM, N.C. — Organizers of a NASCAR racing series in North Carolina have apologized after a car with a Confederate flag decal competed in...
Indiana health officials closing state’s virus testing sites
INDIANAPOLIS — The Indiana Department of Health will close state-sponsored coronavirus testing program at the end of the month, delegating future tests to pharmacies,...
US budget deficit for current year hits record $2.1 trillion
WASHINGTON — The U.S. budget deficit hit a record $2.06 trillion through the first eight months of this budget year as coronavirus relief programs...
Leak of billionaires’ tax data draws GOP outcry over privacy
WASHINGTON — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal...