BlackBerry Ltd., reporting narrower losses, said a growth recovery remains a year off and that it’s bringing back a discontinued smartphone called the Bold as a stopgap measure to keep more customers from leaving.
BlackBerry Ltd. said sales won’t grow until the fiscal year that begins next March, showing the tough road ahead even after cost-cutting helped the smartphone maker post a smaller quarterly loss than analysts estimated.
Policy makers on both sides of the partisan divide, from Treasury Secretary Jacob J. Lew to Mitt Romney’s economic adviser Glenn Hubbard, favor expanding the Earned Income Tax Credit. This rare harmony holds the potential to reshape the debate on bridging the growing opportunity gap.
CEZ AS is putting the new Czech government in a “difficult situation” by demanding a 5.3 billion-koruna ($262 million) refund for tax it paid on free carbon credits, Industry and Trade Minister Jan Mladek said.
Russian crude oil producers from OAO Rosneft to OAO Lukoil may gain compensation of as much as $150 million after a cut in export duties was delayed by a month, two officials with knowledge of the matter said.
JPMorgan Chase & Co. will stop financing tax-refund loans for about 13,000 independent U.S. preparers, according to a person at the bank briefed on the matter, a move that may drive customers toward H&R Block Inc.