A new report by the Treasury Inspector General for Tax Administration is unlikely to improve the picture. This latest watchdog report covers the payment of performance bonuses to IRS employees as well as various other incentives and award payments.
WASHINGTON (Reuters) - Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dashing hopes for a quick turnaround for a sector that fell into a soft patch last summer.
SodaStream International Ltd. (SODA:US) jumped the most in two years after daily newspaper Globes reported Starbucks Corp. (SBUX:US) is in talks to buy a 10 percent stake in the maker of home soda machines.
(Adds details from the conference call). By Phil Wahba. April 23 (Reuters) - Procter & Gamble Co, the world's largest household products maker, reported a higher quarterly profit on Wednesday, helped by cost cutting and stronger sales of items like detergent ...
(Adds U.S. factory activity data, New York dateline). * Chinese factory activity shrank again in April. * Euro zone businesses enjoy best month in nearly three years.