Business

Tesla shares fall after Musk's 'soap opera' Twitter poll

Tesla's share price plunged Monday in the latest controversy sparked by CEO Elon Musk, who was facing criticism for letting his Twitter followers decide whether he should sell billions in company stock.

Automotive

Toyota joins opposition to proposed US EV tax credit

Toyota urged Washington on Tuesday not to "play politics" with environmental issues by offering tax credits for US-made electric vehicles, joining a chorus of foreign opposition to the issue.

Business

Yellen says 'confident' US will implement global minimum tax

US Treasury Secretary Janet Yellen said Sunday she was "confident" Congress would pass legislation to implement a global tax agreement in the United States enacting a minimum international tax on big corporations.

Business

G20 endorses historic global tax reform

G20 finance ministers on Saturday gave their backing to a historic deal to overhaul the way multinational companies are taxed, and urged hold-out countries to get on board.

Business

McAfee founder found dead by suicide in Spanish jail

Antivirus software pioneer John McAfee was found dead in his jail cell in Spain on Wednesday, officials said, shortly after a court approved his extradition to the United States where he was wanted for tax evasion.

Business

Amazon wins EU court appeal in Luxembourg tax case

Amazon scored a major legal victory on Wednesday when an EU court annulled an order from the bloc's powerful antitrust authority that Luxembourg recoup 250 million euros ($295 million) in back taxes.

Business

Apple boosts US investment pledge to $430 bn

Apple announced Monday it plans to boost its investment plans in the United States to $430 billion over the next five years, saying this would add some 20,000 jobs.

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