Obama seeks corporate tax rate cut, loophole limit
WASHINGTON (AP) -- President Barack Obama on Wednesday proposed a lower corporate tax rate and an end to dozens of loopholes he said helps companies move jobs and profits overseas. "It's not right and it needs to change," he said....
A comparison of corporate tax proposals
A comparison of corporate tax proposals by President Barack Obama, House Ways and Means Committee Chairman Dave Camp, R-Mich., and GOP presidential hopefuls Mitt Romney, Rick Santorum, Newt Gingrich and Ron Paul:...
W.Va. mine boss charged with fraud in deadly blast
CHARLESTON, W.Va. (AP) -- The superintendent of the West Virginia coal mine where an explosion killed 29 men was charged Wednesday with conspiracy to defraud the federal government, becoming the highest-ranking employee to face criminal prosecution in an investigation that appeared to be moving steadily up the corporate ladder....
Fantasy camp for those who love to fly
ABOARD AMERICAN AIRLINES FLIGHT 9454 (AP) -- Eric Mueller's vacation started when his plane filled with smoke. Soon, people slid down an emergency chute, inflated life vests and climbed into a raft....
Greek lawmakers rush to clear promised austerity
ATHENS, Greece (AP) -- Greece scrambled Wednesday to push through a batch of emergency laws that will further cut incomes and state spending, a day after securing a new bailout and debt relief deal designed to stave off bankruptcy....
GM in alliance talks with Peugeot in Europe
PARIS (AP) -- General Motors Co. is in talks about a possible alliance with France's leading car maker PSA Peugeot Citroen, a deal that could dwarf PSA's partnerships with BMW, Mitsubishi Motors and Toyota....
Microsoft hits Motorola, Google with EU complaint
BRUSSELS (AP) -- Microsoft on Wednesday lodged a formal complaint with the European Union's competition regulator against Motorola Mobility and its soon-to-be owner Google, saying Motorola's aggressive enforcement of patent rights against rivals breaks competition rules....
Oil price lower after 4-day rise
NEW YORK (AP) -- A four-day rise in oil prices stalled Wednesday following a weak report on Chinese manufacturing and lingering concerns about Greece's bailout....