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News Articles for "U.S. Treasury"

  • Tim Cook Defends Apple's Tax Accounting

    Tim Cook Defends Apple's Tax Accounting

    Apple's CEO, Tim Cook is disputing assertions by a Senate panel that the company avoids billions of dollars in U.S. taxes by shifting profits to foreign af...

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  • Lew taps government retiree pension fund

    Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasur...

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  • GM stock rises above $33 for first time in 2 years

    GM stock rises above $33 for first time in 2 years

    Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more tha...

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  • News Summary: Fannie earned record $58.7B in Q1

    RECORD PROFIT: Mortgage giant Fannie Mae earned a record $58.7 billion from January through March, helped by a stronger housing market and a one-time tax m...

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