How Apple's phantom taxes hide billions in profit

On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won't reflect its true profit, because the company hides some ...

US fiscal policy 'too stimulative': business economists

Following approval of the massive US tax cut, a majority of economists now say fiscal policy is adding too much fuel to the world's largest economy, according to a survey published Monday.

Tesla Model S gets Consumer Reports' top score

The Tesla Motors Inc. Model S electric car has tied an older Lexus for the highest score ever recorded in Consumer Reports magazine's automotive testing.

Top lawmaker wants mileage-based tax on vehicles

(AP) -- A House committee chairman said Tuesday that he wants Congress to enact a mileage-based tax on cars and trucks to pay for highway programs now rather than wait years to test the idea.

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