A report from The New York Times' The DealBook said the US government would stand to lose billions of dollars in lost tax revenues should corporate inversion continue.
Tags: US government
Citigroup, State Street puts measures in place for potential US government debt default- report
A Wall Street Journal report said that Citigroup and State Street were already preparing for a possible debt default by the US government.
Computer software decides on US prison paroles
15 US states had been using risk assessment software to decide on handing out paroles to prisoner candidates, said a Wall Street Journal report.
Countries must pay attention to global economic security - report
According to a Reuters report, world leaders should not ignore issues surrounding global economic security.
US shutdown near to being lifted as both sides negotiate over the weekend
Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.
Latest News
US stocks fell that marked an extended two weeks of losses following the partial shutdown of the US government over budget issues, said a Reuters report.
Asian creditors may be the least of the worries of the US government even if the US Congress would fail to raise its debt ceiling.
Two hours prior to a midnight deadline to avert a US federal shutdown, US stocks closer lower on Monday.
The US Congress had one more day left before ending the budget stalemate as risks were dramatically increased in the first US government shutdown.
A senior official of the Pentagon told Reuters that the US government would be in danger to defaulting weapons contract payments should they halt Egyptian aid.
According to a Reuters report, the US government would likely give its approval for the Smithfield Food Corp. and Shuanghui International Holdings USD4.7 billion deal.
The U.S. Treasury is being sued by Perry Capital LLC over its handling of Fannie Mae and Freddie Mac.
An agreement addressing national security concerns was entered into between Sprint Nextel, Softbank and the US government.
