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....
How Panda Express brings Chinese food to the mall
Andrew and Peggy Cherng, now 65 and 62, respectively, opened their first Chinese restaurant in 1973 with $60,000 from savings and a Small Business Administration loan, plus relatives who worked for free. Today Panda Restaurant Group is the nation's leader in Asian fast-casual eateries, exceeding $1.7 billion in revenue in 2012. Their Rosemead, Calif., company now manages a total of 1,500 Panda Express, Panda Inn, and Hibachi-San restaurants in 42 states and Mexico City, and it is celebrating its 40th anniversary this year. The co-CEOs' story:
Found more than 1 month ago on channel CNN Money
At G-20, developing nations are now the cavalry
LOS CABOS, Mexico -- The scene at the just-concluded Group of 20 summit held in this seaside resort would have been unthinkable a decade ago: Hundreds of dignitaries gathered in opulent Mexican hotels and convention halls to hammer out an economic bailout for Europe.
Found more than 1 month ago on channel MSNBC