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The firm employs about 7,700 people in Canada and had already cut about 2% of its workforce in the country at the end of last year.
By Paula SamboMay 10 -
The U.S. government recorded a higher surplus for the month of April thanks to a rise in tax receipts, while steeper debt-servicing costs impose a major drag.
By Viktoria DendrinouMay 10 -
Investors waiting for an update of how Donald Trump's media startup is faring will have to wait a bit longer — months by some accounts — before getting a look at financial results.
By Bailey LipschultzMay 6 -
Governor Maura Healey's $4 billion housing bond bill, the state's biggest-ever investment in its residential stock, includes a provision allowing cities to impose a transfer fee of 0.5% to 2% on property sales exceeding $1 million.
By Sri TaylorMay 6 -
The Biden administration gave carmakers a partial reprieve in finalizing electric-vehicle tax credit rules intended to loosen China's grip on battery materials crucial to the car industry's future.
By Keith LaingMay 3 -
The Treasury released guidance on the tax credit available for producers of sustainable aviation fuel, a measure established as part of Biden's landmark climate law.
By Kim ChipmanMay 1 -
The Treasury will unveil the final version of new rules limiting a popular tax credit for electric car buyers as soon as Friday.
By Ari NatterMay 1 -
Treasury Secretary Janet Yellen came under fire from Republicans over a quip from President Biden about letting tax cuts enacted by Donald Trump expire.
By Jarrell Dillard and Chris CioffiMay 1 -
The bakery chain collapsed into insolvency in 2019 after a forensic investigation revealed thousands of false entries in its accounts.
By Katharine GemmellApril 26 -
Cum-Ex was a tax-driven trading strategy in which a global network of bankers, lawyers and agents exploited loopholes on dividend payout laws across Europe to reap duplicate tax refunds.
By Tiffany TsoiApril 25