The plot to steal information on 100,000 taxpayers from the Internal Revenue Service and hijack nearly $50 million in refunds not only reveals a previous security breach but hints at a wider fraud that may bedevil Americans in the future.
New York: Equities markets rose on Wednesday, led by gains in European stocks, and the euro edged up on signs, later dismissed, that Greece and its creditors were drafting an agreement that would provide Athens much-needed debt relief.
The Nasdaq Composite (RIXF) gained 73.84 points, or 1.5%, to 5106.59, the highest ever level, as its heaviest-weighted component, Apple Inc.(AAPL), climbed 1.9%.
TOKYO—Japanese retail sales jumped 5.0% from a year earlier in April, government data showed Thursday, regaining some ground after a tax-induced lull last year.
Exxon Mobil CEO Rex Tillerson again rebuffed criticism Wednesday that the company was not doing enough to cut carbon emissions, arguing that current climate models were not yet strong enough to justify a drastic shift away from fossil fuels.