US Supreme Court rejects bids by 3 companies over IRS denying foreign tax credits
The U.S. Supreme Court rejected bids by three companies to recoup hundreds of millions of dollars in foreign tax credits denied by the Internal Revenue Service.
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On Thursday, US Supreme Court Chief Justice John Roberts rejected a plea to block a contentious air pollution rule for power plants in a big triumph for the Obama administration.
On Wednesday, the US Supreme Court had the first hearing on Texas' abortion case after almost 10 years. The hearing saw the partition of the justices with Justice Anthony Kennedy almost gave the deciding vote.
The US Court appeared closely divided as it considered its first major abortion case in nearly a decade.
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