U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report.
Abu Hamza al-Masri, the Islamic cleric accused of aiding an al-Qaeda affiliate’s deadly attack in Yemen and trying to start a terrorist training camp in Oregon, said he plans to testify in his own defense at a trial almost a decade after the U.S. sought his extradition.
Symrise AG shares dropped as much as 5.7 percent in Frankfurt trading as the German maker of flavors and fragrances considers a capital increase to finance the planned 1.3 billion-euro ($1.8 billion) purchase of French competitor Diana Group.
Symrise AG’s planned 1.3 billion- euro ($1.8 billion) purchase of French flavors and pet-food additive maker Diana Group helps the German company close the gap on larger rivals Givaudan SA and International Flavors & Fragrances Inc.
Senators in both parties said they are close to an agreement to authorize U.S. highway and mass transit projects for as many as six years, seeking to prevent funds from running out during the mid-year construction season.