U.S. Treasury moves against tax-avoidance ‘inversion’ deals
WASHINGTON (Reuters) – Moving against tax-avoidance by corporations, the Obama administration is taking several actions to curb deals known as “inversions” that allow companies to escape U.S. taxes by reincorporating abroad.
U.S. opposes linking Iran cooperation on Islamic State to nuclear talks
WASHINGTON (Reuters) – The United States said on Monday it would refuse to seek Iran’s cooperation in fighting Islamic State forces by being more flexible in the negotiations of six world powers with Tehran on its nuclear program.
High-profile New York event highlights Clinton’s ‘elite’ image
NEW YORK (Reuters) – When Hillary Clinton rubs shoulders with financial executives and philanthropic giants at the Clinton Global Initiative’s meeting this week, it will underscore the tension between her elite connections and populist image likely to …
Former Miami-area mayor found guilty of corruption
MIAMI (Reuters) – A Miami jury found a south Florida mayor guilty of corruption charges on Monday stemming from an undisclosed consulting job he took for a healthcare company while in office, as well as illegally using his position to lobby for a construction deal.
U.S. lawmakers urge continued ban on in-flight cellphone calls
WASHINGTON (Reuters) – A bipartisan group of almost 80 U.S. lawmakers urged regulators on Monday not to end the ban on making mobile phone calls on commercial airline flights.
Former NY mayor to defend ‘Call of Duty’ maker in Noriega suit
NEW YORK (Reuters) – Former New York City Mayor Rudy Giuliani will defend Activision Blizzard Inc in a lawsuit the former Panamanian dictator Manuel Noriega filed over his depiction in the company’s popular “Call of Duty: Black Ops II” video game.
Closing statements made in Texas voter ID case
AUSTIN Texas (Reuters) – A U.S. judge heard closing arguments on Monday in a lawsuit challenging a state law requiring Texas voters to show identification at the polls, which plaintiffs argue is an attempt to suppress minority turnout.
Mexico’s Pena Nieto says hopes U.S. immigration reform will pass soon
NEW YORK (Reuters) – Mexican President Enrique Pena Nieto said on Monday he hopes the U.S. Congress will soon pass immigration reform, a move that would ease tensions on both sides of the border.
Leader of Iran sanctions group launches non-profit to fight terror financing
NEW YORK (Reuters) – The leader of a Manhattan-based non-profit that tries to put pressure on Iran by publicly criticizing people and firms who do business there announced on Monday he is launching a new non-profit devoted to tracking terrorist financi…
Obama tries Reagan touch on economy, but wages weigh
WASHINGTON, Sept 22 (Reuters) – President Barack Obama, stumping for the Democrats ahead of November’s congressional elections, has twice invoked Ronald Reagan’s seminal campaign question: “Are you better off than you were four years ago?”