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New Jersey Trucking Owner Slapped With Two-Year Sentence For $2 Million Tax Evasion Scam
Thursday, November 7, 2019 - 5:05pm | 592A New Jersey trucking company owner was sentenced to two years in federal prison for orchestrating an elaborate $2.3 million tax evasion scheme, according to prosecutors. Tito Viteri, 41, of Cream Ridge, New Jersey, was sentenced in U.S. District Court in Trenton on Nov. 5, after previously...
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Netflix's International Expansion Encounters Setback, Video Service Being Partially Blocked In Indonesia
Thursday, January 28, 2016 - 1:08pm | 174According to a report by The Times Of India, Netflix, Inc. (NASDAQ: NFLX)'s streaming video service is being partially blocked in Indonesia. Netflix announced in early 2016 it will launch its service globally. The Times Of India reported that Indonesia's state-owned telecommunications...
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Italy To Google: You Owe Us €300 Million In Back Taxes
Thursday, January 28, 2016 - 1:05pm | 170According to a report by The Wall Street Journal, Italian governmental authorities are seeking around €300 million (approximately $326 million) in back taxes from Alphabet Inc (NASDAQ: GOOG)'s Google business. The Wall Street Journal, citing "Italy's financial police",...
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Unleash The Bulls: Surge In September Hiring Data Jolts Markets Higher
Friday, October 3, 2014 - 4:42pm | 1615U.S. markets rose sharply after the U.S. government reported that 248,000 jobs were created in September, bringing the unemployment rate to 5.9 percent, the lowest it has been since July 2008. In addition to the jobs report, data from the U.S. government showed the trade deficit narrowing in...
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Market Wrap For May 15: Bears Return In Full-Force As Dow Suffers Triple-Digit Point Loss
Thursday, May 15, 2014 - 4:41pm | 2809U.S. stocks declined for the second straight day after investors and traders digested disappointing earnings from retailers and economic reports were disappointing. The Dow suffered a triple-digit point loss and declined one percent after the retailer giant Wal-Mart failed to "wow" investors....
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Market Wrap For May 13: Markets Close Again At Record Highs
Tuesday, May 13, 2014 - 4:36pm | 2460U.S. stocks were mixed as a positive measurement of small business sentiment offset a disappointing retail data set. Following Monday's action, the S&P 500 and Dow indices not only traded at new historical-all time highs, but closed at record highs. In fact, the S&P 500 briefly traded...