The Obama administration on Wednesday will propose cutting the top tax rate for corporations to 28 percent, and pay for it by eliminating dozens of tax loopholes companies now use to lower their rates, a senior administration official said.
Apple is going to have the annual face-to-face meeting with shareholders Thursday, which is days after its shares crossed the record mark of $500.
The U.S. Food and Drug Administration Tuesday approved new suppliers for two crucial cancer drugs. The move was to ease the shortage of the drugs.
The four words that envelop the headline nag along behind Mitt Romney wherever he campaigns on stops in Michigan. Let Detroit Go Bankrupt.
These were the four words that served as the theme and message of an opinion-editorial Romney penned more than three years ago for The New York Times. It came in the midst of bipartisan bailouts to the swooning auto industry, in a time of debate over how to save what was once Michigan's most prestigious industry in its most prestigious city.
The FDA announced it will import drugs used to fight ovarian cancer and childhood leukemia to supplement the nation's growing shortage of those critical medications.
The Food and Drug Administration plans to address a potentially life-threatening shortage of two leading cancer drugs by allowing one of them to be imported from abroad and rushing approval for a new manufacturer to make the second.
The Food and Drug Administration is addressing the shortage of critical cancer medications by importing one drug from abroad and rushing the approval of another.
Millions of iPhones have been sold to date, and yet, no outsider knows that how these devices are made. Not until now, but things are going to change - the secret is going to be revealed on Tuesday edition of NightLine, a show on ABC News.
Apple may release its next-generation iPhone -- presumably called the iPhone 5 -- in September or October 2012. Citing an Asian reliable source, Macotakara believes Apple is moving away from mid-year launches and leaning towards a 12-month iPhone upgrade cycle starting in the fall.
The auto industry is the engine of the Michigan economy, but Mitt Romney's opposition to the ultimately successful government rescue of General Motors and Chrysler won't be a major concern of Republican voters in the state's Feb. 28 primary, observers say.
With Passover just a month away a new app aims to help consumers keep kosher throughout the eight-day Jewish festival and to stay up to date on kosher products throughout the rest of the year.
Even before Google's Android Ice Cream Sandwich operating system has managed to live up to all of its hype, rumor mills have already begun announcing the launch of Android 5.0, nicknamed Jelly Bean, sometime in June 2012. According to a Digi Times report, Jelly Bean will target tablet/notebooks and is supposed to have a dual booting system. It is also expected that the new version will bring in some updated features for mobile platforms as well.
In Myanmar's new war on drugs, meet the weapon of mass destruction: the weed-whacker. It has dramatically accelerated a campaign to eradicate opium poppies.
While threats that could pull down global economy are never far away, recent data depict a brightening outlook according to IHS, a global business and economic information provider.
Standing by a Boeing 787 Dreamliner in Everett, Wash., on Friday, President Barack Obama called on Congress to reshape the corporate tax code to benefit companies that keep jobs in the United States, giving a boost to the domestic manufacturing sector and exports.
Foxconn, Apple's major product manufacturer, announced, Friday, new wage increases for the junior level workers, boosting them up by 16-25 percent.
Dutch scientists have found a way of turning plant matter into the building blocks of common plastics using a nanotechnology process that offers an alternative to oil-based production.
Chrysler Group on Thursday withdrew its application for a $3.5 billion Advanced Technology Vehicles Manufacturing loan from the Dept. of Energy after the company's financial outlook improved and the government ramped up its lending standards.
Johnson & Johnson said it was recalling its entire U.S. supply of infant Tylenol after parents complained about problems with a new dosing system, the latest in a string of recalls for the healthcare giant.
France and England signed a new nuclear-energy pact on Friday that will lead to the construction of more nuclear power plants in the United Kingdom, with more than 500 million pounds sterling ($791 million) of private-sector investment.
Bit by tiny bit, the economy is improving. The progress might at times seem too small or slow to be evident, but it is unmistakably occurring. People may not feel things are good yet, but they are beginning to feel the worse is subsiding, Gary Thayer, chief macro strategist at Wells Fargo Advisors, said.
German carmaker Porsche's new sports car in the SUV segment will be called Macan. The name is derived from the Indonesian name for tiger.
