US debt-ceiling Bill may be rejected

The US has cancelled a vote on the deficit-reduction plan after a rebellion from conservatives.

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How does Microsoft pare its taxes?

Microsoft reported only $445 million in taxes in the US and other foreign countries, just 7% of its $6.32 billion in pre-tax profit. Here’s how the tech giant does it.

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Bond trading heads of Citigroup & Goldman quit

Warren Geiger has left Citigroup and Matthew Salem has exited Goldman Sachs as the US market grapples with the debt crisis and deals are cut back—or put on hold.

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