Business

Microsoft fights $29 bn US back tax claim

The US Internal Revenue Service is asking that Microsoft pay a whopping $29 billion in unpaid taxes from 2004 to 2013, the company said in an official filing on Wednesday.

Energy & Green Tech

How Italy's generous green homes scheme turned 'wicked'

An Italian scheme to make homes more energy efficient has been wildly popular, but the government is seeking to rein in its "out of control" costs amid fears it could send the deficit soaring.

Business

Musk, Bezos, other billionaires avoid US income taxes: report

Several of the richest Americans have paid zero income tax in some years, according to an investigative report Tuesday that comes as Washington weighs new proposals to address tax avoidance by the wealthiest individuals and ...

Business

Uber, Lyft confirm Phoenix airport business as usual for now

Ride-hailing companies Uber and Lyft say they won't change their service at Phoenix Sky Harbor International Airport until Arizona's highest court rules on proposed fee increases that prompted threats to stop picking up and ...