Group says major companies involved in tax scheme
CHICAGO -- A Chicago-area transportation agency on Wednesday alleged that some of the nation's largest and best known companies including AT&T, Sears Holdings Corp., Verizon and Target are running "sham" offices as part of a scheme with two small northern Illinois communities to avoid paying millions of dollars in taxes in Chicago and Cook County....
CalSTRS says has not seen details of bid for Freedom Group
The California State Teachers' Retirement System (CalSTRS) said on Wednesday it had not seen details of a plan by Cerberus Capital Management LP fund managers to bid for gun maker Freedom Group but that it understood Cerberus had to explore several options.
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Weapons Firms Look at Freedom Group
Several weapons makers including Smith & Wesson have expressed interest in a potential bid for Freedom Group, the gun maker put on the block after a rifle it made was used in last year's Newtown, Conn., school massacre.
RBS Buys Poorly Performing U.S. Home Loans
RBS Securities, the U.S. investment-banking arm of the U.K.-taxpayer-backed Royal Bank of Scotland Group, is jumping into the market for poorly performing American home loans.
LT Group Equity Sale Raises $912 Million
Filipino billionaire Lucio Tan's LT Group raised $912.2 million in the country's largest ever equity sale.