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Fannie Mae earns $3.7B in 2Q; paying $3.7B to US
Issued: August 7, 2014
WASHINGTON — Fannie Mae is reporting net income of $3.7 billion from April through June as the housing market continued to recover. ...
Walgreen nixes inversion to cut tax bill
Issued: August 6, 2014
Growing political heat and possible customer backlash helped dissuade Walgreen from trying to trim its tax bill by reorganizing overseas as part of an...
Pfizer to pay $35M to settle drug marketing case
Issued: August 6, 2014
WASHINGTON — Pfizer will pay $35 million to resolve allegations by 42 states that its subsidiary, Wyeth Pharmaceuticals, illegally marketed an organ...
Court hearing gay marriage arguments from 4 states
Issued: August 6, 2014
CINCINNATI — A federal appeals court began to hear arguments Wednesday in six gay marriage fights from four states — Kentucky, Michigan, Ohio and...
With US aimed the wrong way, most want new leaders
Issued: August 6, 2014
WASHINGTON — Congress has checked out, and the American people have noticed. ...
Sprint names new CEO after dropping T-Mobile bid
Issued: August 6, 2014
NEW YORK — Sprint's new owner is replacing its longtime CEO with a Bolivian billionaire and entrepreneur after dropping its bid for rival wireless...
Gov't to sell $67B in Treasurys next week
Issued: August 6, 2014
WASHINGTON — The government says it will sell $67 billion in Treasury securities next week as part of its regular quarterly refunding auctions. ...
US trade gap narrows to lowest level in 5 months
Issued: August 6, 2014
WASHINGTON — The U.S. trade deficit fell in June to its lowest level since January as imports dropped sharply, led by lower shipments of cellphones,...
Walgreen turns down inversion to cut tax bill
Issued: August 6, 2014
Walgreen plans to keep its roots firmly planted in the United States, saying it will no longer pursue an overseas reorganization of the company that...
Walgreen drops on report it will keep US tax base
Issued: August 5, 2014
WASHINGTON — Shares of Walgreen Co. have tumbled on media reports that the drugstore chain will not reincorporate itself overseas — a politically...
US terrorism database doubles in recent years
Issued: August 5, 2014
WASHINGTON — A U.S. government database of known or suspected terrorists doubled in size in recent years, according to newly released government...
21st Century Fox abandons pursuit of Time Warner
Issued: August 5, 2014
NEW YORK — Rupert Murdoch's 21st Century Fox is abandoning its attempt to take over Time Warner in a proposed deal that would have combined two of...
Obama seeks executive ways to limit tax inversions
Issued: August 5, 2014
WASHINGTON — Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent American...
A-Rod cousin, clinic owner arrested by feds
Issued: August 5, 2014
MIAMI — A cousin of Alex Rodriguez who injected the baseball star with steroids and a onetime clinic owner accused of providing the...
Gannett spinning of its publishing business
Issued: August 5, 2014
MCLEAN, Va. — Gannett is spinning off its publishing business from its broadcasting and digital operations. The company is also acquiring full...


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