Ports Crisis Brings Commerce to Crawl

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Tommy Bahama and other retailers are a casualty of congestion snarling ports on the West Coast. The logjam in part stems from labor negotiations between port employers and workers.

Australian State to Proceed with Power-Network Sale

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Australia’s most populous state will go ahead with the partial privatization of its electricity network, as it attempts to raise funds for new infrastructure.

EU to Widen Sweetheart Tax Deal Probe

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European Union authorities will widen a high-profile investigation into alleged sweetheart tax deals for multinational companies, in the bloc’s latest move to clamp down on aggressive tax avoidance.

Russian Controls Would Risk Capital Chaos

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Heard on the Street: The ruble’s slide has sparked talk of Moscow introducing capital controls—which could worsen the crisis.

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.

Petrobras CEO Leaves Open the Possibility of Resignation

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The embattled chief executive of Brazilian state oil company Petroleo Brasileiro SA left open the possibility of resigning amid a major corruption scandal and expressed concern that related investigations could compromise the company’s production goals.

Oracle's Revenue Rises on Cloud Growth

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Oracle’s revenue rose 3% during the quarter ended in November, the first one with co-chief executives Safra Catz and Mark Hurd at the helm.

The IRA Advantage of a Low Tax Bracket

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In years when your income is low, consider a Roth conversion, writes Jonathan Clements.

What to Know Before Donating Art

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Sure, it’s nice to get your name on a plaque on the wall. But the price may be much higher than you think.

Donating or Selling a Collection? How About Both?

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Art collectors looking to dispose of a pricey collection can sell it, often in pieces, donate it—or find a museum that will take the whole thing but pay only part of its value, with the rest becoming a tax-deductible donation.

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