A federal judge has dismissed a charge that is the backbone of the case against a former BP executive accused of concealing information from Congress about the amount of oil spewing in 2010 from the company's ... … [Read more...]

By Patrick Temple-West and Poornima Gupta WASHINGTON/SAN FRANCISCO (Reuters) - Using an unusual global tax structure, Apple Inc has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a Senate report on the company's offshore tax structure said on Monday. ... … [Read more...]

Former lawmakers are helping their children in so many races this year that we might as well dub next Election Day “Take Your Kid to Congress Day.” … [Read more...]

By Jed Horowitz NEW YORK (Reuters) - SIFMA, the securities industry's largest trade group, named former Senator Judd Gregg as chief executive officer, in a move that may signal a desire to mend fences with ordinary Americans and Congress. The Securities Industry and Financial Markets Association had been expected to give the post to interim chief executive and president Kenneth Bentsen, a veteran lobbyist, said a person close to the group. ... … [Read more...]

By Dave Graham and Miguel Gutierrez MEXICO CITY (Reuters) - Divisions within Mexico's main conservative opposition party have erupted into a bitter public dispute that threatens to undermine the reform agenda of President Enrique Pena Nieto. Short of a majority in Congress, Pena Nieto's Institutional Revolutionary Party (PRI) is likely to need support from the conservative National Action Party, or PAN, to see through plans to overhaul state oil giant Pemex and broaden the tax base. ... … [Read more...]