WASHINGTON (Reuters) - U.S. tax law gives the Obama administration power to double tax rates for European companies should it choose to dramatically escalate a dispute with the European Union over Apple's tax bill.
BOONE, Iowa (Reuters) - Monsanto Co's digital agriculture platform should begin generating revenue for the seed and chemical company by 2020 as paid subscriptions for data-driven farm management and planting advice services expand, a top executive told Reuters.
(Reuters) - Cloud software maker Salesforce.com Inc forecast third-quarter revenue below estimates after it reported a 25 percent jump in quarterly revenue as customers stepped up purchases of its web-based sales and marketing software.
WASHINGTON (Reuters) - The U.S. Treasury believes there is more room for governments to use fiscal policy to boost growth, and will take that message to next week's Group of 20 meeting in China, Under Secretary for International Affairs Nathan Sheets said on Wednesday.
(Reuters) - Wells Fargo & Co and Amazon.com Inc said they had ended a partnership to offer discounted student loans to the online retailer's "Prime Student" customers, about six weeks after announcing the deal.
LOS ANGELES (Reuters) - McDonald's Corp on Wednesday said Michael Andres will retire as president of McDonald's USA at the end of the year as the fast-food chain works to boost domestic sales, which have been under pressure from low prices at grocery stores.
NEW YORK (Reuters) - Hedge fund investor Leon Cooperman, the chief executive and chairman of Omega Advisors, said on Wednesday on CNBC that equity markets are "fairly but fully valued."
SEATTLE (Reuters) - ANA Holdings Inc , Japan's largest airline, said on Wednesday it will replace all 100 Rolls-Royce engines on its fleet of Boeing 787 Dreamliners following three engine failures this year caused by corrosion and cracking of turbine blades.
LONDON (Reuters) - UK cosmetics maker and retailer Lush is relocating European staff from Britain to Germany and has expanded production at its German factory in the wake of Britain's vote to leave the European Union, it said on Wednesday.
(Reuters) - A Royal Bank of Canada unit has agreed to pay $2.5 million for causing false and misleading disclosures in a proxy statement for the sale of ambulance company Rural/Metro Corp, the U.S. Securities and Exchange Commission said on Wednesday.