Attention taxpayers: Your chances of getting audited have fallen significantly
The Internal Revenue Service audited 0.45% of individual tax returns in its most recent fiscal year, which is half what it was in 2010.
The Internal Revenue Service audited 0.45% of individual tax returns in its most recent fiscal year, which is half what it was in 2010.
The United States is making a final pitch to Britain ahead of a UK decision on whether to upgrade its telecoms network with Huawei equipment, amid threats to cut intelligence-sharing ties, people with knowledge of the matter told Reuters.
German battery maker Varta said on Wednesday that it has warned electronic goods traders after finding products with batteries from Chinese manufacturers which infringe on its patents.
Luckin Coffee Inc said it is expanding into vending machines that sell freshly brewed hot beverages and snacks, seeking even more of the China market after overtaking Starbucks Corp as the country's biggest coffee chain by number of stores.
Financial markets were roiled on Wednesday after Iran fired missiles at U.S. forces in Iraq, sending Asian stocks and U.S. Treasury yields sliding and jolting oil prices higher as investors feared a wider conflict in the Middle East.
Impossible Foods is no longer trying to win a coveted deal to supply McDonald's Corp with plant-based burgers, telling Reuters it cannot produce enough of its imitation meat to partner with the world's No. 1 fast-food chain.
SEC | Martha Millar | Jan 8, 2020 Annual 2019 Report to Congress The Office prepares an annual report to Congress summarizing its activities in supporting small businesses and their investors during the immediately preceding fiscal year. The report provides statistical information and analyses of the issues on which the Office has worked, information on
German carmaker BMW achieved record sales of 2.5 million vehicles in 2019, sales chief Pieter Nota said on Wednesday, adding that he was upbeat about the company's prospects in 2020.
McDonald's Corp said on Wednesday it would expand its vegan burgers trials using Beyond Meat patties to 52 restaurants in Canada, signaling a stronger push from the world's No. 1 fast-food chain into plant-based meat options.
Ousted Nissan boss Carlos Ghosn decided to flee Japan after learning his trial had been delayed until April 2021 and also because he had not been allowed to speak to his wife, sources close to Ghosn told Reuters.
Drugstore chain Walgreens Boots Alliance Inc posted a quarterly profit that missed expectations on Wednesday, hurt by lower payments from insurers on drugs sold, sending shares down nearly 4% before the bell.
Oil prices would skyrocket if Iran moved to completely cut off the Strait of Hormuz, energy analysts told CNBC on Wednesday.
U.S. stock index futures turned higher on Wednesday after Iran signaled no further escalation in military strikes following its attack on U.S.-led forces in Iraq, allaying investor worries of a wider war in the Middle East.
Major airlines canceled Iran and Iraq flights on Wednesday and re-routed others away from both countries' airspace, following an Iranian missile strike on United States-led forces in Iraq.
Global equities fell on Wednesday and Wall Street was set for a weaker open after Iran's attack on U.S.-led forces in Iraq, but earlier sharp market moves faded as fears abated that the raid would lead to an immediate military escalation.