Authorities Raid Caterpillar Offices On Account Of Tax Fraud

Caterpillar is a leading machinery manufacturing company that is literally a pioneer in the field. For several years now, the company is accused of not paying the taxes as it facilitates transfer between the US and foreign subsidiaries. The business practices and tax evasion strategies were scrutinized for a long time and it ended with…

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Snap Has A Long Way To Go After Launching IPO

Snap, the operating company of the popular app Snapchat has launched IPO to become the first technology company to do so in 2017. Snap is relatively new in the market and it is extremely rare to find such a new company to begin selling stocks to the public. The public investors are generally interested only…

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Bitcoin Beats Gold Price For The First Time In History

Bitcoin, the digital currency is gaining a lot of significance all over the world. Immediately after the introduction of Bitcoin, the value of the digital currency started gaining. However, after the scandal over mining of bitcoins by tech companies, the price dropped suddenly. Bitcoin raised again in 2016, reaching the much awaited $1000 mark in…

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Subway Refutes Report Claiming Chicken Is Only 50% Chicken

The fast-food restaurant chains are constantly coming under scrutiny for their treatment of animals and additives added to the meat. Recently, people were shocked after reading a report from Canadian Broadcasting Corp. In the Marketplace program, chicken meat and strips from several fast-food chains were tested to find out the percentage of chicken DNA. The…

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Buffett Gets Back at Trump, Releases Tax Information

Billionaire investor Warren Buffet has hit back at Donald Trump a day after being accused of tax avoidance by the Republican U.S. presidential candidate, releasing data showing he has been consistent in his payments. While speaking at Sunday night’s presidential debate, Trump for the first time admitted since entering the race that he had avoided…

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Comment Period for CFPB’s Payday Loan Proposal Winding Down

In June, the Consumer Financial Protection Bureau (CFPB) released its much-anticipated proposal pertaining to the payday loan industry. The consumer federal watchdog agency announced new rules and regulations for payday loans at the federal level, which is the first time in the nation’s history. CFPB director Richard Cordray gave the general public 90 days to…

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Felonious Wells Fargo Executives Remain Uncharged

The Wells Fargo scandal continues to grow in the national spotlight to the extent that they themselves have admitted to more than two million felony acts and yet not a single charge has been filed against them. Not one body has been arrested or even handcuffed for these self admitted crimes. What has occurred to…

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Congress Doesn’t Care About Your Paid Leave

Paid leave which can be anything from a sick day to maternity leave seems to be an important issue to everyone with the exception of Congress in the days of late. President Barack Obama has been urging them members of the Republican Congress to finally act for the American people but continues to have little…

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