The U.S. Treasury is winding down its auto industry recovery program by selling the last of its stake in Ally Financial.» Read More
The White House can help stem inversions, but issue must be addressed by Congress, says Rep. Van Hollen.
Treasury Secretary Jack Lew urged Congress to pass anti-tax inversion legislation, reports CNBC's Eamon Javers.
CNBC's David Faber reports on comments by Treasury Secretary Jack Lew regarding tax inversions.
BEIJING, Sept 3- Companies facing antitrust investigations in China are subject to a host of pressure tactics from regulators, a business lobby said on Wednesday, in the latest report to cite due process concerns over China's anti-monopoly enforcement.
BEIJING, Sept 3- Companies facing antitrust probes in China are subject to a host of pressure tactics from regulators, a business lobby said on Wednesday, in the latest report to cite due process concerns over China's anti-monopoly enforcement.
The American Chamber of Commerce in China is the latest business lobby to air its grievances over a series of investigations scrutinizing at least 30 foreign firms, as China seeks to enforce a 2008 anti-monopoly law.
Qualcomm is one of at least thirty foreign firms to come under scrutiny as China seeks to enforce a 2008 anti-monopoly law- efforts some critics say have unfairly targeted overseas businesses, raising protectionism concerns.
BEIJING, Aug 7- China's recent probes into Microsoft Corp and car companies including Audi and Chrysler have rekindled concerns that Beijing may be using an anti-monopoly law to support domestic firms at the expense of foreign companies.
Lanhee Chen, Hoover Institution research fellow, discuss corporate tax reform and what it means for companies to show "economic patriotism."
*By invoking 1969 law, Obama could bypass Congress- former Treasury official. *Treasury Secretary Lew renews call for urgent action by U.S. Congress.
Treasury Secretary Jack Lew is making the argument against tax inversions. Insight, with CNBC's Eamon Javers.
Rep. Luke Messer, (R-Ind.), weighs in on America's corporate tax loopholes and tax inversions. Messer says lets allow the repatriation of dollars earned overseas to be invested in America without a tax penalty.
Treasury Secretary Jack Lew is calling on Congress to pass retroactive anti-inversion legislation as soon as possible as news of another inversion deal with Hospira and Danon is said to be in the works. CNBC's Jim Cramer explains why he believes it does not take congressional action to end inversion deals.
Treasury Secretary Jacob Lew will deliver remarks at the Inaugural Rural Opportunity Investment Conference hosted by the White House Rural Council.
Treasury Assistant Secretary for Tax Policy Mark Mazur participates in panel, "Improving Inducements for Energy Innovation" at an event hosted by the Bipartisan Policy Center, "Driving Resources into Energy Innovation" in Washington- 1530 GMT.
LONDON- Bank of England chief economist Andy Haldane speaks at the finance policy conference on "The Costs of Short-Termism"- 1800 GMT. WELLINGTON- RBNZ Deputy Governor Grant Spencer delivers a speech on the central bank's review of prudential regulation- 0500 GMT. SYDNEY- 2nd Latin America Australia Investors Forum.
U.S. Treasury Secretary Jack Lew highlighted the decision American companies face—stay domestic and pay taxes or go abroad for savings.
Michael DeCesare, McAfee president, says the role of security firms has shifted from defense to offense as companies scramble to protect themselves from the increasing threat of cyberattacks. And John Stumpf, Wells Fargo CEO, weighs in.
CNBC's Michelle Caruso-Cabrera explains why she thinks it's completely "unpatriotic" of Congress that corporations are put in the position they feel they have to move overseas.
Treasury Secretary Jacob Lew urged Congress on Wednesday to take steps quickly to discourage U.S. companies from moving their tax domiciles abroad to avoid federal taxes. "Congress should enact legislation immediately," Lew told a business conference in New York hosted by cable television channel CNBC.