Posts in category Finance

With tax season attracting a host of scammers, the Internal Revenue Service is stepping up efforts to identify and reduce cases of fraud. The IRS has launched new initiatives to …

“Running to 7-Eleven for milk. Do we need anything else?” “Yeah, get some aspirin, sugar-free gum and, oh, pay our taxes while you’re there.” Yes, taxpayers can now settle up …

Workers at the very bottom on the Costco Wholesale ladder will see their pay increase by $1.50 an hour before March comes to an end. The pay hike, which brings …

Sports Authority, a retailer that’s struggled to establish its relevance in the face of online competition and changing sports trends, filed for reorganization under the protection of Chapter 11 bankruptcy …

Canyon Capital Advisors has joined a growing chorus of activist shareholders pushing Yahoo Inc. to sell off its core business in a more expedient fashion. Canyon, a Los Angeles-based hedge …

The Dodd-Frank Act doesn’t go far enough, a former U.S. Treasury official said recently. While the act was a necessary step toward preventing a repeat of the 2008 financial crisis …

Declining profits, a shaky credit standing and climate change investigations launched in two states have created a perfect storm of sorts for Exxon Mobil Corp, which reported its lowest quarterly …

On the heels of corporate layoffs and a skipped $20 million interest payment, Sports Authority is said to be deep in discussions with lenders to enable its reorganization under Chapter …

Chevron Corp. posted its first loss in 13 years as plunging oil prices slashed profitability in all areas of its business. The deep losses and persistently cheap gas prices are …

At $4 a pop for out-of-network ATM charges and an average of $34 for overdraft fees, those little extras banks tack on to consumer accounts add up fast. To about …