Playing the Tax 'Audit Lottery'

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Buried in U.S. companies’ securities filings is an indicator for how aggressively they are working to shield their income from the IRS and other tax authorities.

Zoosk CEO, President Step Down as Company Delays IPO

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Online-dating platform Zoosk Inc. said Chief Executive Shayan Zadeh and President Alex Mehr will step down as the company delays its plans to go public.

Theater Chains Cancel Sony's 'The Interview'

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The largest theater chains in the U.S. have decided not to play Sony Pictures’ controversial comedy “The Interview” on its planned Dec. 25 opening.

India's SpiceJet Cancels Flights

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SpiceJet canceled flights Wednesday morning as the cash-strapped budget airline struggled to pay for fuel, triggering a selloff of the Indian company’s shares and further damaging its reputation.

Avon Settles Bribery Probe With DOJ

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Avon Products settled foreign bribery charges involving its China unit with the U.S. Department of Justice, agreeing to pay $67.6 million in criminal penalties.

Stocks Jump

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U.S. stocks extended gains Wednesday after the Fed signaled that it was in no hurry to raise interest rates.

Fed Sticks to Patient Tack on Rate Hikes

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Federal Reserve officials took a delicate step toward raising short-term interest rates in 2015, introducing language into their policy statement that asserted they would be patient about moving away from near-zero short-term interest rates.

ICE Proposes Major Stock-Market Overhaul

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Jeffrey Sprecher, CEO of Intercontinental Exchange and owner of the New York Stock Exchange, has begun his first major foray in overhauling the U.S. stock market. In a draft letter being circulated among large banks and investment firms, ICE is proposing a trade-off between exchanges and brokers, according to people familiar with the matter.

The Joys and Hype of Software Called Hadoop

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Big data is hot in Silicon Valley, and the software suite Hadoop is underpinning the craze.

Canadian Court Orders Apple to Provide Documents in Probe

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Canada’s Federal Court ordered Apple Inc.’s Canadian unit to turn over a raft of documents related to a Canadian probe of alleged anticompetitive behavior by the technology giant.

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