BISMARCK - House lawmakers voted 57-32 Monday to eliminate price-based oil tax breaks and set a lower tax on oil extraction, sending the last-minute bill to the Senate Tuesday where contentious debate is expected to continue.
A European Union flag flies outside the National Bank of Greece SA in Athens. Photographer: Chris Ratcliffe/Bloomberg. Recommended.
ZURICH�Credit Suisse Group AG CS 0.22 % said net profit rose 23% in the first quarter of the year, as the Swiss lender saw a pickup at its investment bank and continued to rein in costs.
Halliburton (HAL) employees are the latest to feel the pain. The company said Monday that it has cut 9,000 jobs over the past two quarters as crashing energy prices have forced it to scale back drilling operations.
Raytheon Co. is buying computer security software company Websense from Vista Equity Partners in a $1.9 billion deal to expand the Waltham-based defense contractor's cybersecurity reach.