WASHINGTON, D.C. (AP) - The IRS has informed Tyco International Ltd. that it has disallowed roughly $2.86 billion in interest and deductions recognized by the company in its U.S. tax returns for the 1997-2000 tax years, according to a filing Monday with the Securities and Exchange Commission.
SAN FRANCISCO (AP) - He's not heading out to pasture, but the CEO of "FarmVille" maker Zynga Inc. is stepping aside as the troubled online game company looks to revive itself and lift its stalled stock price.
Every time I write a column in which I point out how difficult it is to qualify for Social Security disability benefits, as I did several weeks ago, my inbox is flooded with emails from folks who are convinced the disability program is rife with "waste, fraud and abuse." Everyone claims to know someone who is cheating the system. They've got a brother-in-law who is getting disability checks but working and getting paid "under the table." Or they have a neighbor living off the government disability dole but who is "healthy as a horse and always doing work around ...
TORONTO (AP) - Shares of BlackBerry maker Research In Motion plunged nearly 30 percent Friday after the company posted a loss and warned of future losses despite releasing its make-or-break new smartphones this year.
VATICAN CITY (AP) - The plot involved an armed police escort, a wealthy shipping family and a plan to secretly transport $26 million (20 million euros) from a Swiss bank account into Italy aboard a private jet. At the heart of the story of greed: a silver-haired Vatican monsignor.
WASHINGTON (AP) - With a solemnity reserved for momentous occasions, the Senate passed historic legislation Thursday offering the priceless hope of citizenship to millions of immigrants living illegally in America's shadows.
NEW YORK (AP) - Nike Inc., the world's largest athletic shoe and clothing company, on Thursday reported a 22 percent increase in fourth-quarter profit as strong sales in North America offset weakness in Europe and China.
DENVER (AP) - A federal appeals court ruled Thursday that Hobby Lobby stores have a good case that the federal health care law violates their religious beliefs in ordering them to provide birth control to employees, and that they shouldn't be subject to millions in fines while their claim is considered.
WILMINGTON, Del. (AP) - A hearing on whether to approve the bankruptcy sale of assets of electronics retailer RadioShack opened Thursday with the company seeking court approval of the purported winning bid, and an attorney for a losing bidder describing the auction as a sham and asking a Delaware judge to reopen the sale process.
NEW YORK (AP) - Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of the world's largest food and beverage companies.
ORLANDO, Fla. (AP) - SeaWorld Entertainment Inc. is mounting a public defense of its animal handling in a new advertising campaign that began Monday, after a highly critical 2013 documentary left the park with declining revenue and attendance.
NEW YORK (AP) - OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought the U.S. one of the biggest booms in the history of the global oil industry.