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US Presidential hopeful Barack Obama is one of three senators who have proposed legislation that seeks to recover an estimated $100 billion a year in tax revenue they say is lost each year because of overseas tax havens. The Stop Tax Haven Abuse Act ...

The chaos that followed the Valentine’s Day ice-storm in New York will cost JetBlue Airways around $30 million, mostly to pay full refunds to customers whose flights were cancelled and give them a free future flight as a gesture of goodwill. In a sho...

Fourth-quarter income of $10 million was reported last night by RAM Holdings Ltd., raising its 2006 year total net income to $41.1 million compared to $19.6 million in 2005. The results are so good that even chief executive officer Vernon Endo is not...

Fourth-quarter income of $10 million was reported last night by RAM Holdings Ltd., raising its 2006 year total net income to $41.1 million compared to $19.6 million in 2005. The results are so good that even chief executive officer Vernon Endo is not...

The vaults within the new Gosling’s “Wine Cellar” will soon be storing precious bottles of wine in temperature-controlled conditions for private individuals who have previously either tried to keep their wine cool at home or stored in a facility over...

Despite no rise in general payroll tax in this year’s Budget, companies face an ever-increasing payroll tax burden because of salary increases and the need to employ more staff, according to business leaders. For some relief comes by taking a portion...

Despite no rise in general payroll tax in this year's Budget, companies face an ever-increasing payroll tax burden because of salary increases and the need to employ more staff, according to business leaders. For some relief comes by taking a portion...