Wells Fargo & Co. won’t be able to claim $115 million in tax deductions from 2002 based on an appellate court’s ruling that its leases with public transit agencies and technology companies amount to “abusive tax shelters.”
A crowd of hundreds of thousands of people, including warmly dressed women with American flags stuck in their hair, a smattering of celebrities and many Republicans, gathered yesterday to witness President Barack Obama take his second oath of office on the steps of the U.S. Capitol.
Federal prosecutors said they were prepared to summon Goldman Sachs Group Inc. President Gary Cohn as a witness to rebut Galleon Group LLC co-founder Raj Rajaratnam’s defense in his insider-trading trial.
The Metropolitan Washington Airports Authority plans to sell $650 million of revenue bonds this week to help finance an extension of the U.S. capital’s passenger rail system to Washington Dulles International Airport.
Washington Metropolitan Area Transit Authority Photos