Credit Suisse is still helping ultra-wealthy Americans evade taxes, Senate panel says

Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving the failure to disclose nearly $100 million in secret offshore accounts held by a single family, a Senate investigation released Wednesday finds.
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Credit Suisse is still helping ultra-wealthy Americans evade taxes, Senate panel says
Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving the failure to disclose nearly $100 million in secret offshore accounts held by a single family, a Senate investigation released Wednesday finds. Read more »
 
Macy's will have a new CEO. He's from Bloomingdale's
One of the highest profile jobs in retail will change hands next year. Read more »
 
High egg prices send profits at largest US producer soaring more than 700%
Cal-Maine Foods, the largest egg producer in the United States, reported revenue doubled and profit surged 718% last quarter because of sharply higher egg prices. Read more »
 
Breakfast prices are surging. Cup Noodles' wants you to eat ramen
The high price of eggs and other breakfast staples is forcing some to look for cheaper breakfast alternatives. How about ramen? Read more »
 
Corporate greed is jacking prices higher. It could push customers over the edge
Inflation is ravaging shoppers' wallets and the Federal Reserve has responded by instituting a regimen of painful interest rate hikes that could land the economy in a recession. But corporate profits are surging. US profit margins have reached record levels not seen since the immediate aftermath of World War II. Read more »
 
Foot Locker is closing 400 stores. They may become an eyesore
Two major retail chains are closing roughly 800 stores. One company's spaces likely will be filled, while the other's may become empty, and unsightly, zombie stores. Read more »
 
 
 
 
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