President Barack Obama is calling on Congress to end a tax-code rule that allows some U.S. firms to reincorporate overseas and lower their tax bills, an emerging issue that could figure prominently in the fall election campaign.
Boeing has agreed to the conditions by which it could sell aircraft spare parts to state-owned Iran Air, a move that could lead to the first sale of products by a U.S. aerospace company to the Islamic republic since 1979.
An 80 year old man shot and killed a pregnant burglar as she ran from his home. Should he be charged?
3M reported a 5.8% increase in profit for the second quarter, fueled partly by stronger sales of respiratory face masks and water-filtration products in China and other developing countries where pollution fears are growing.
GM reported an 80% drop its second-quarter net profit, with earnings hit by $2.5 billion in pretax charges related to vehicle recalls and money set aside to fund a compensation plan for victims of crashes linked to defective ignition-switches.