• The IndependentCorporate tax avoidance crackdown centres on small businesses, reveals new research

    A crackdown on tax avoidance by the UK’s small and medium-sized companies led to a 5 per cent increase in the amount of cash collected by HMRC in the most recent tax year, new research reveals. The research conducted by accountancy group UHY Hacker Young shows that HMRC collected an extra £474m in corporate tax as a result of investigations Read more...

  • FOX NewsThe Latest: North Korea seeks UN discussion of joint drills

    The latest on North Korea’s request to have a U.N. Security Council discussion of U.S. and South Korean military exercises (all times local): 7:25 p.m. North Korea wants to take its complaints about U.S. and South Korean military exercises to the U.N. Security Council, saying the annual maneuvers are recklessly provocative at a time when it says “tensions are “like Read more...

  • CNBCGas prices could jump more than 10 percent by Labor Day weekend

    Gas prices could jump 10 percent or more by Labor Day across parts of the U.S., based on the storm-related shutdown of refineries on the Gulf Coast. Prices could rise even more, depending on how long it takes to restart operations and bring workers back into flooded areas. More than 2 million barrels of refining capacity were taken offline because Read more...

  • Los Angeles TimesStocks open higher on Wall Street

    U.S. stocks finished little changed Monday as investors focused on the effects of Tropical Storm Harvey. Insurance companies and oil drillers stumbled while refineries rose along with gasoline prices.With August coming to a close, Monday was one of Wall Street’s quietest days of the year. Biotech drug companies rose after hepatitis C and HIV drug maker Gilead Sciences agreed to Read more...

  • The GuardianUS gas prices expected to rise as Harvey forces Gulf coast refineries to close

    US gasoline prices have increased to a two-year high as crude oil refineries along the Texas Gulf coast shuttered in the wake of Hurricane Harvey. Prices at the pump are expected to rise after gasoline futures – the wholesale prices charged to gas stations – increased 5% early Monday, to their highest prices since July 2015. It’s a fact: climate Read more...

  • Phys.orgDisastrous US hurricanes since 2000. Could Harvey top them?

    “The Houston area and Corpus Christi are going to be a mess for a long time,” he said Friday. Some of the most damaging hurricanes to hit the U.S. since 2000. Figures have not been adjusted for inflation: ___ KATRINA Katrina crossed the tip of Florida and then swept into the Gulf of Mexico and over Louisiana and Mississippi, causing Read more...

  • ReutersU.S. gasoline futures surge after Harvey, euro gains on Draghi comments

    SINGAPORE (Reuters) – U.S. gasoline futures hit a two-year high on Monday as Hurricane Harvey struck at the heart of the U.S. energy industry, while the euro rose to a 2-1/2-year peak after the European Central Bank President refrained from talking down the single currency. Read the story on Reuters.

  • CNBCInvestors have become a lot more skeptical about billion-dollar start-ups, data shows

    According to new data from PitchBook, investors are making fewer investments into unicorn companies these days. So far only 17 companies have newly achieved unicorn status, i.e. a valuation of $1 billion or more, in 2017 in the U.S. Investors are slowing their roll around so-called unicorns, or privately held companies with a valuation of $1 billion or more on Read more...

  • USA TodayA Foolish Take: Apple plans to invest $1 billion in original video content

    Apple (NASDAQ: AAPL) will invest about $1 billion in original video content in 2018, according to The Wall Street Journal. That move is aimed at competing with Netflix (NASDAQ: NFLX), Amazon (NASDAQ: AMZN) and Hulu, which have invested heavily in original content over the past few years.Producing exclusive video content might make the Apple TV — which lags behind Roku, Chromecast, and Fire TV in the U.S. Read more...

  • The Washington PostTrump tightens Venezuela’s access to U.S. financial system

    President Trump moved Friday to restrict the Venezuelan government’s access to the U.S. financial system and squeeze the oil-based economy that sustains President Nicolás Maduro, but he stopped short of imposing a full oil embargo. Trump signed an executive order barring dealings in new bonds and stocks issued by the government and the state oil company, Petróleos de Venezuela, the Read more...