Australia warns MNCs against using offshore marketing hubs to reduce tax burden
By Kalyan Kumar From International Business Times Faced with dwindling tax collections from multinational companies, the Australian Tax Authority has warned MNCs that the practice of using offshore marketing hubs as a mechanism to diminish tax liability will be dealt…
2 million more stuffed chicken breasts recalled for possible salmonella
By Laura Northrup From Consumerist One example of a frozen chicken breast package that’s part of this recall. One example of a frozen chicken breast package that’s part of this recall. Hey, remember that recall of 1.7 million frozen stuffed…
Cayman Islands Tourist Association does not support proposed Cruise Berthing Facility
The Cayman Islands Tourism [CITA] cannot at this time support the current proposal to establish Cruise Berthing Facilities [CBF]. This position has been reached after careful review of the documentation available, individual CITA Sector meetings and a survey of our…
Lawyer ousted with clients from Houston’s sues restaurant, claiming racial bias
By R. Robin McDonald, From Daily Report A partner with a Lawrenceville health law boutique claims in a federal suit that he and three clients were ordered to leave a Houston’s restaurant in Buckhead because they were minorities. Yussuf Abdel-aleem…
The IMF vision of debt and Obama’s boldness with Iran
By Sir Ronald Sanders From Caribbean News Now The debt crisis in Greece and the historic accord to limit Iran’s nuclear capability, thus lifting crippling sanctions, will have global repercussions. US President Barack Obama has shown strong and courageous leadership…
Puerto Rico fails to transfer $94 million for a bond payment, putting ‘other payments in jeopardy’
By Megan Davies, Reuters From Business Insider Puerto Rico’s Public Finance Corporation (PFC) failed to transfer funds to pay the principal and interest on its bonds, according to the island’s bank and a filing on Wednesday, highlighting cash problems as…
Boeing workers fired for dressing in KKK garb lose appeal
By P.J. D’Annunzio, From The Legal Intelligencer The dismissal of a discrimination lawsuit filed by two white men and one Native American man who were fired by Boeing after dressing like Ku Klux Klan members at work has been upheld…
Suit against Wal-Mart follows marriage-equality ruling
By Sheri Qualters, From The National Law Journal Wal-Mart Stores Inc. faces the first purported class action demanding equal employment benefits for married same-sex couples since the U.S. Supreme Court legalized those marriages across the country last month. But it’s…
Scotiabank official: T&T a great place to invest
By Sean Nero From The Guardian T&T The Caribbean remains a great place to invest, especially T&T, says Nick Chamie, chief investment officer for international wealth management at Scotiabank. In an interview with the T&T Guardian at a session on…
Fifa corruption: Jeffrey Webb pleads not guilty in US
From BBC Former Fifa Vice-President Jeffrey Webb has pleaded not guilty in connection with a massive corruption scandal in the world football governing body. He was placed under house arrest on $10m (£6.4m) bail by a New York judge. Mr…
