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Business News
US clampdown on tax maneuver leaves its mark
NEW YORK (AP) -- A handful of big companies pursuing overseas mergers to lower their tax bills came under pressure Tuesday after the U.S. unveiled rules to discourage them....
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Soft data, Syria strikes hit US, European markets
NEW YORK (AP) -- U.S. stocks were mostly lower and European stocks sank Tuesday following some disappointing economic reports and news that U.S.-led forces have started airstrikes against Islamic State militants in Syria....
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GM to move Cadillac brand HQ to New York City
DETROIT (AP) -- The Cadillac luxury brand will move its headquarters to New York next year to get closer to those living lives of luxury....
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P&G selling rest of pet care business to Spectrum
NEW YORK (AP) -- The Procter & Gamble Co. is selling its Iams and Eukanuba brands in Europe to Spectrum Brands, shedding the remaining parts of its pet care business....
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US stocks open lower; CarMax sinks on earnings
NEW YORK (AP) -- U.S. stocks are opening lower following disappointing economic news and U.S.-led airstrikes against Islamic State militants in Syria....
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