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Divided Irish cabinet to meet on whether to fight EU on Apple tax

September 2, 2016 by · Leave a Comment 

Ireland's fragile coalition government will try on Friday to overcome cabinet divisions on whether to join Apple in appealing against a multi-billion-euro back tax demand that the European Commission has slapped on the iPhone maker. Finance Minister Michael Noonan has insisted Dublin would fight any adverse ruling ever since the European Union began investigating the U.S. tech giant's Irish tax affairs in 2014.

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Divided Irish cabinet to meet on whether to fight EU on Apple tax

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Solid U.S. employment gains expected in August; jobless rate seen falling

September 2, 2016 by · Leave a Comment 

U.S. employment growth likely moderated in August after two straight months of hefty gains, but was probably still strong enough to push the Federal Reserve to raise interest rates later this year. The unemployment rate is forecast falling one-tenth of a percentage point to 4.8 percent. The Labor Department will release its closely watched employment report on Friday and readings in line with expectations would reinforce views that the economy has regained speed after almost stalling in the first half of the year

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Solid U.S. employment gains expected in August; jobless rate seen falling