The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday.
The United Nations said on Monday it would wait for the results of U.S., NATO and Afghan investigations into a deadly air strike on a Medecins Sans Frontieres (MSF) hospital in Afghanistan before deciding whether to support an independent probe.
The U.S. House of Representatives will vote to elect its next speaker on Oct. 29, retiring House Speaker John Boehner announced on Monday. But with Republicans in turmoil, Boehner delayed the voting for other party leadership races.
Volkswagen has not found any evidence against three top engineers suspended as part of its internal investigation into the rigging of U.S. emissions tests, a source close to the company's supervisory board told Reuters on Monday.
