Amazon.com Inc on Friday defeated an appeal by the US Internal Revenue Service in what the online retailer has called a $1.5-billion dispute over its tax treatment of transactions with a Luxembourg subsidiary.
Amazon.com Inc on Monday unveiled its online professional beauty store to sell supplies to licensed professional stylists, barbers and estheticians, weighing on shares of other beauty retailers.
BIS said Politicians need to quickly coordinate regulatory responses to new risks from technology companies like Facebook moving into finance.
Group of 20 finance ministers have agreed to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes.
Billionaire Warren Buffett on Saturday gave a clue on who might succeed him to run his Berkshire Hathaway empire, but did not completely reveal his hand.