Discussing his new economic stimulus program in Ohio, President Barack Obama regained his political swagger and ramped up his criticism of Republican leaders for failing to provide substantive policies that can help the nation’…
Speaking in Cleveland, President Obama laid out the details of his plan to boost the economic recovery: $50 billion for infrastructure spending; a $100 billion R&D tax credit; and $200 billion to induce U.S. companies to make c…
British mobile phone operator Vodafone (VOD) was ordered by an Indian court to pay $2.6 billion in taxes on a 2007 transaction that gave it a major presence in the country’s mobile phone market.
The court ruled that Vodafone was liable for Indian tax…
The annual U.S. budget deficit is well over a trillion dollars, and in the long term, that’s unsustainable. But a closer look at the sources of most of that gap shows that balancing the budget wouldn’t be nearly as hard as it m…
President Obama will announce billions more in infrastructure spending and tax cuts this week. Supporters say it’s just what the sagging economy needs. But critics worry that with mid-term elections just a few weeks away, the m…