Multinationals' Scanty Tax Pay Angers U.K.

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The storm brewing over Apple Inc.'s tax practices in the U.S. has already rained down hard in the U.K., where multinationals have drawn public scorn for the paucity of taxes they pay here.

Online Gambling Bets on Return to U.S.

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PokerStars, the largest online poker company in the world, is playing a difficult hand: Just two years after being shut down in the U.S. it wants to return to the table.

Japan's All Nippon Learns Lessons From Its Budget Carriers

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Japan's All Nippon Airways started up two budget carriers last year, it got an unlikely perk from the ventures: some lessons in how ANA itself can become more nimble.

U.S. to Fund Glaxo Antibiotics Research

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Concerned about the need to fight antibiotic resistance and possible bioterrorist attacks, the U.S. government will give drug maker GlaxoSmithKline up to $200 million over the next five years to help fund research into new antibiotics.

Pearson Details Restructuring

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Education publisher Pearson announced details of Chief Executive John Fallon's plan to refocus the business on core educational categories.

Boeing Clears China Hurdle

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China's aviation regulator cleared Boeing's 787 aircraft for commercial service with the nation's airlines.

Wary of China, U.S. Steps Into Sprint's Board

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SoftBank is readying a plan to allow the U.S. government an unusual level of influence over the operations of Sprint, a concession to ease security concerns raised by the proposed cross-border takeover.

The Incredible Vanishing Subsidiary

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Some of the biggest U.S. companies, including Google and FedEx, have quietly removed hundreds of offshore subsidiaries from their publicly disclosed financial filings over the past several years.

Cost Controls Help Lenovo Profit

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Chinese personal-computer maker Lenovo Group's fiscal fourth-quarter profit rose 90% from a year earlier, setting it apart from an industry that is struggling with weak demand.

Europe Tries to Tackle Tax Evasion

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Faced with public outrage over tax-evasion scandals at a time of austerity budgets, European leaders are trying to ensure that everybody pays their fair share.

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