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Federal agents searching Caterpillar HQ

Almost three years later, on Thursday, federal prosecutors in IL together with agents of the Federal Deposit Insurance Corporation office of inspector general, the Internal Revenue Service’s criminal investigation division and the Department of Commerce office of export enforcement, descended unannounced on Caterpillar’s headquarters.It was...
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IRS Has $1 Bln. In Unclaimed Tax Refunds From 2013

IRS spokesperson Bill Brunson says these individuals have not received their refund, because they didn’t file a 2013 federal income tax return.IRS Commissioner John Koskinen said, “We’re trying to connect a million people with their share of 1 billion dollars in unclaimed refunds for the...
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U.S. consumer spending slows; inflation pushes higher

A measure of inflation closely watched by the Federal Reserve rose 0.4 per cent in January and has increased 1.9 per cent in the past 12 months.US consumer spending rose at only a sluggish pace in January, even as signs of growing optimism about the...
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Anheuser-Busch InBev Polishes Off a Tough Year

- The company said that between April 1 and December 31 a year ago, $282 million of synergies and cost savings were realised in connection with the combination with SABMiller, in addition to the $547 million reported by SABMiller by March 31.AB InBev (BUD) posted...
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Can ONGC, Hindustan Petroleum Create Value Through Integration?

HPCL owns India’s biggest lubricants unit and the second-largest pipeline network of more than 3,000 kilometers (1,864 miles).Under the plan for the ONGC- HPCL integration, the exploration business of ONGC would be integrated with HPCL’s refining and distribution capabilities, Economic Times reports. “The government is...
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