UBS AG agreed to give the U.S. Internal Revenue Service an “unprecedented amount” of information on thousands of U.S. holders of accounts at the Swiss banking group as part of a settlement with the Swiss government, the IRS announced Wednesday. The agreement comes as U.S. tax authorities conduct a criminal investigation into Americans who...
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Petaluma, Calif. – It has now been 10 months since the end of the federal government’s fiscal year (FY) 2008, yet the Obama Administration has still not released the federal government’s annual small business contracting statistics for that year. buy viagra online pharmacy Since the federal government’s contracting database is essentially a real time...
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The United States is building criminal cases against more than 150 American clients of Swiss bank UBS as part of a crackdown on tax evasion now made easier by a deal over access to secret account information. U.S. prosecutors gave their first official confirmation of the initial number of criminal investigations in a filing...
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By Lloyd Chapman President, American Small Business League Can an organization claim to represent the interests of small businesses and never lift a finger to stop the most highly publicized issue affecting small businesses for the last eight years? Can an organization funded by Fortune 500 firms truly represent small businesses? In 2002, I...
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The U.S. and Switzerland governments have initialed agreements and will later sign a final accord, Justice Department lawyer Stuart Gibson told U.S. District Judge Alan Gold in Miami today. Gibson didn’t disclose details of the settlement or say when it would be delivered to Gold. Gibson told the judge July 31 that the countries...
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NEW YORK -(Dow Jones)- Ending a nearly four-month-long impasse, PepsiCo Inc. ( PEP) announced a sweetened $7.8 billion deal to buy its two largest bottlers in a push to revive its North American beverage business that has been fighting a slump in sales. PepsiCo sweetened its April offer considerably, saying it will pay $36.50...
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NEW YORK (CNNMoney.com) — Ford Motor Co. reported a 2% gain in July auto sales compared to a year earlier, the first increase from any U.S.-based automaker since November 2007. Ford said that it was helped by the popular Cash for Clunkers program that gives car buyers up to $4,500 for trading in older,...
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Verizon Communications Inc. will eliminate 8,000 jobs by the end of the year as the company suffers from a slowdown in corporate accounts. Verizon spokesman Phil Santoro said the company won’t disclose state-by-state breakdowns of affected workers. The New York telecommunications giant (NYSE:VZ) announced the reductions in a conference call with investors discussing second-quarter...
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Petaluma, Calif. – Congress is considering two separate bills written to halt the diversion of billions of dollars in federal small business contracts to many of the largest firms in the world. Since 2003, over a dozen federal investigations have been released which found thousands of firms such as British Aerospace (BAE), Rolls-Royce, AT&T,...
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As millions of Americans head outdoors, dermatologists are warning that, while SPF protection is important. it’s not the whole story. SPF is an indicator of how well a lotion protects skin from the sun’s UVB rays that lead to sunburn. However, unless you’re also protected from UVA rays, your skin is still at risk....
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