Word: losinger
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Liechtenstein also figures in the UBS case. In addition to Birkenfeld, the Department of Justice has charged Mario Staggl, a banker in Liechtenstein, who remains in that country and at work. In his guilty plea, Birkenfeld said he, Staggl and others helped create sham entities in tax havens like Switzerland...
Yet in a bid to fend off the unsolicited merger, Anheuser-Busch management last month itself unveiled its own "Blue Ocean" cost-cutting program, promising savings of $1.09 billion by 2011 but losing around 1,200 jobs in the process. And with global recession threatening, beer markets consolidating, barley and...
The Obama campaign is starting to underline that urgency. In a video to donors on Monday, Obama campaign manager David Plouffe warned that the McCain campaign has outspent Obama 3 to 1 in television ads since April. "So now we face a position where both McCain and the RNC together...
Unfortunately, that's exactly what appears to be happening around the world. According to a comprehensive survey by the Global Marine Species Assessment (GMSA) published Thursday in Science, one-third of the more than 700 species of reef-building corals are threatened with extinction. Compare that to a decade ago...
Five months after elections brought a civilian government back to power, Pakistan is reeling. It's not just the attacks by militants. The economy, which had been growing steadily, has been hit hard by spiking fuel and food costs. The parliamentary coalition that eclipsed the former military leader, Pervez Musharraf...