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Five arrested in IRS impersonation scam
Five suspects have been arrested for involvement in a growing IRS impersonation scam that has bilked an estimated $36.5 million from 6,400 victims nationwide, federal officials said Tuesday.
TIGTA Announces Significant Arrests In Massive IRS Phone Scam  Forbes
TIGTA Arrests 5 IRS Phone Scammers in Miami  Accounting Today
Tulsa World  
SWIFT to unveil new security plan after hackers' heists
LONDON The SWIFT secure messaging service that underpins international banking said it plans to launch a new security program as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist.
Lawmaker raises alarm over bank hacks  Washington Post
Swift Moves to Harden Customers' Security  Wall Street Journal
Asian shares gain, dollar firm as US data soothes rate fears
TOKYO/SINGAPORE Asian shares jumped on Wednesday, taking cues from sharp gains in European and U.S. markets, while the dollar firmed as upbeat U.S.
S&P 500 Logs Biggest Gain in Two Months  Wall Street Journal
EUR/USD falls to 1-month low, amid increased expectations for June hike  Nasdaq
Google Paris HQ raided in tax inquiry
French investigators have raided Google's Paris headquarters as part of a tax evasion inquiry, the financial prosecutor's office has said.
French Raid Google in Latest Probe Into Tech's Tax Tactics  New York Times
French tax police raid Google's Paris office  PCWorld
NY board poised to OK $485M for solar plant amid questions
A state oversight board controlled by the New York Legislature and Democratic Gov. Andrew Cuomo is set to authorize spending another $485 million to complete a solar panel production plant, the centerpiece of Cuomo's "Buffalo Billion" economic ...
$1 Billion Went to Buffalo. Cuomo Donors Benefited.  New York Times
IBM Hired Influential Lobbyist Months Before Securing Buffalo Billion Deal  Gotham Gazette
As apps make it easier to seek refunds, Amazon limits its reimbursement policy
Many online retailers promise price protection to customers, but after making a purchase, few shoppers take the time to compare prices across the Web and file claims for partial refunds.
Amazon Dumps Price-Match Refunds  PC Magazine
Amazon Is No Longer Protecting Customers From After-Purchase Price Drops  AppAdvice
Snapchat Is Reportedly Seeking $20 Billion Valuation In New Fundraising
The ephemeral messaging app is reportedly seeking a blockbuster valuation. Ephemeral messaging app Snapchat's success doesn't appear to be fleeting: The startup is reportedly raising new funding and lifting its valuation.
Snapchat valued at USD 20 bln in latest funding - report  Telecompaper (subscription)
Why Obama's overtime rule may barely dent the economy
President Obama's new overtime rule have been trashed as a job killer by conservatives and heralded as a salve for the middle class by liberals.
E.J. Dionne: Fighting phony 'populism'
White House Overtime Rules Hammer Private Sector, Exempt Public Sector  Breitbart News
Tracy oil line fixed after thousands of gallons spill
TRACY, Calif. (AP) - Crews have repaired an oil pipeline that broke days ago and spilled up to 21,000 gallons of crude underground in rural Northern California, a spokesman for Shell Oil Co.
Pipeline at Center of Altamont Pass Oil Spill Also Ruptured Last September  KQED
Oil pipeline company cleaning up in Central Valley after thousands of ...  Los Angeles Times
Autonomous taxi startup hits the gas
A Cambridge startup has fueled its plans to develop a fleet of self-driving taxis with $16 million in venture funding. “This ends up being a global market opportunity that measures in the trillions of dollars,” said Karl Iagnemma, co-founder and chief ...
Self-Driving Car Startup nuTonomy Raises $16 Million in Funding  Wall Street Journal
Yet another autonomous-car startup receives millions in funding  CNET