Government Business And Finance

Cambodian newspapers faces closure over tax demand

Aug 21, 2017

One of Cambodia's two English-language daily newspapers says it will continue to publish in the face of a reported deadline by tax officials to pay more than $6 million in taxes or get shut down

Emirates approves new 'sin tax' to boost government revenue

Aug 21, 2017

The United Arab Emirates has issued a new law that imposes taxes on tobacco products, energy drinks and soft drinks to boost revenue and help offset the impact of lower oil prices

Democrat 'incredibly frustrated' with leader over Foxconn

Aug 21, 2017

Wisconsin Assembly Democratic Leader Peter Barca drawing criticism from inside his party after joining Republicans in voting for a $3 billion Foxconn tax incentive package

US health chief lauds China for help with opioid control

Aug 21, 2017

U.S. Health and Human Services Secretary Tom Price says China has been an "incredible partner" in cracking down on synthetic opioids seen as fueling fast-rising overdose deaths in the United States

Sempra Energy bids $9.45B for Oncor, topping Buffett offer

Aug 21, 2017

Sempra Energy says it's buying Texas power transmitter Oncor for $9.45B in cash, wresting it away from Warren Buffett's Berkshire Hathaway

Aid workers face unique crisis in South Sudan war, says ICRC

Aug 21, 2017

South Sudan's civil war presents humanitarian workers with "one of the unique crises" in the world, the president of the International Committee of the Red Cross said Monday

Past health chiefs: insurance market stability is the goal

Aug 21, 2017

Three former U.S. health secretaries of both parties say President Donald Trump and the GOP-led Congress should make stabilizing health insurance marketplaces their immediate goal

Economists see only slight impact from Fed bond trimming

Aug 21, 2017

Business economists believe that the Federal Reserve's long-awaited move to start reducing its massive bond holdings will push long-term bond rates up, but most think the impact will be fairly modest.

US, Canada, Mexico pledge quick work to update NAFTA

Aug 20, 2017

U.S., Canadian and Mexican negotiators are pledging to work quickly to update the North American Free Trade Agreement, a 23-year-old pact that President Donald Trump has called the worst trade deal in history

Former health chiefs to Trump: Avoid new 'Obamacare' crisis

Aug 20, 2017

Former US health chiefs to Trump: Avoid creating more instability in health insurance marketplaces