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FINANCE
Today's Business Headlines
The stress tests are aimed at showing the reactors can withstand the scale of disaster that crippled the Fukushima reactors last year. The Fukushima Daiichi plant was struck by an earthquake and tsunami on March 11, ...

Clashes over financing and designing the rebuilding of the World Trade Center complex in Lower Manhattan, which includes the museum, have delayed construction by years, driving costs up by billions of dollars. "I ...

WASHINGTON (Reuters) - Senate Democrats have begun preparing a backup plan to extend a tax cut for workers if a special congressional negotiating committee fails to reach quick agreement, Senate Majority Leader Harry ...

(Reuters) - An elite California college's admission this week that it tried to boost its reputation by inflating the test scores of incoming freshmen has stoked a heated debate over the outsized influence and ...

Facebook's high tax rate likely to drop
February 3rd, 2012, 1:28 pm
(Reuters) - Facebook, the social network giant on the verge of a huge initial public stock offering, pays an unusually high tax rate, but that is likely to change soon, analysts said. At 41 percent on an effective ...

The announcement followed Obama's vow in the January 24 State of the Union address to form a Veterans Job Corps to create jobs for veterans of the post-September 11 wars. Obama proposed setting aside $1 billion to ...

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HOUSTON (Reuters) - Texas financier Allen Stanford drew on a secret Swiss bank account for personal expenses like yacht maintenance and to pay bribes, the government's top witness said at Stanford's fraud trial on ...

TOKYO (Reuters) - Mayor Nobuto Hosaka had more than saving taxpayers' money on his mind when he recently invited bids from rivals of giant utility Tokyo Electric Power Co to supply power to his ward in Japan's ...

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WASHINGTON (Reuters) - An unexpectedly strong jobs report on Friday boosted President Barack Obama's re-election prospects, but the trend must last to deny his opponents the biggest cudgel they have to bash him before ...

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BOISE, Idaho/SAN FRANCISCO, Feb 3 - Micron Technology Inc Chief Executive and Chairman Steve Appleton died in a small plane crash on Friday, a major loss for a U.S. memory chipmaker already struggling with sluggish ...

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