Australia plans to introduce new rules in 2017 aimed at closing international taxation loopholes and stemming the loss of revenue from multinationals shifting their profits to low-tax countries, potentially reclaiming billions of dollars.
Police arrested former Phoenix Suns basketball player Rex Chapman on Friday for allegedly shoplifting more than $14,000 worth of products over several months from an Apple store in Scottsdale, Arizona, authorities said.
A federal appeals court on Friday voided RadioShack Corp's class-action settlement with customers who objected to its putting credit and debit card expiration dates on receipts, saying the benefits of the accord appeared too small relative to the proposed legal fees.