10 things to know about corporate inversions
WASHINGTON (AP) -- Burger King plans to become is the latest U.S. company to shift its legal address out of the country by merging with a foreign company. Burger King has announced plans to buy Tim Hortons, the Canadian coffee-and-doughnut chain....
Crist makes Florida comeback bid as 4 states vote
FORT LAUDERDALE, Fla. (AP) -- If there were any doubts that former Republican Gov. Charlie Crist would be accepted by Florida Democrats, they were cast aside as he overwhelmingly earned the Democratic nomination to challenge Republican Gov. Rick Scott on a day when four states chose candidates for statewide office....
Florida, Arizona pick nominees for governor
WASHINGTON (AP) -- Voters cast ballots Tuesday in primary elections in Florida, Arizona and Vermont. Highlights:...
US commander: Taliban will test Afghans in 2015
KABUL, Afghanistan (AP) -- Afghanistan's election stalemate this summer hurt progress in training the country's military, and resolving the political chaos will be key to that military's success in 2015, Marine Gen. Joseph Dunford said as he stepped down as the top U.S. commander in Afghanistan....
Doug Ducey wins GOP primary for Arizona governor
PHOENIX (AP) -- State treasurer and former CEO Doug Ducey won the Republican primary for Arizona governor Tuesday, riding to victory with a campaign that focused on his blend of government and business experience in serving as a state official and building an ice cream company into a national brand....
Possible airstrikes in Syria raise more questions
WASHINGTON (AP) -- The intelligence gathered by U.S. military surveillance flights over Syria could support a broad bombing campaign against the Islamic State militant group, but current and former U.S. officials differ on whether air power would significantly degrade what some have called a "terrorist army."...
Arab strikes in Libya show impatience with US
WASHINGTON (AP) -- Egypt and the United Arab Emirates secretly carried out airstrikes against Islamist militias inside Libya, the United States publicly acknowledged Tuesday, another sharp jolt to American-led attempts over the past three years to stabilize Libya after dictator Moammar Gadhafi's overthrow....
More American companies are purchasing foreign businesses and reincorporating outside the U.S. to lower their taxes. Warren Buffet is financing Burger King's proposed inversion to buy Canada based Tim Hortons doughnut chain and relocate Burger King's headquarters from Miami to Toronto Canada. President Barack Obama has denounced inversion deals, calling for "economic patriotism and saying that companies that do enter into such transactions are "corporate deserters." Over the years, Buffet has been a vocal advocate for Obama, particularly backing Obama's effort to increase taxes on the rich and close tax loopholes.
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