Indian Prime Minister Narendra Modi has declared that his nation is “open for business,” but some U.S. industry leaders remain troubled by India’s policy toward intellectual property rights and question whether the new leader, making his first visit to Washington this week, will follow through on his promise to address the problem.
Business & Economy
A judge has ruled that Argentina failed to pay U.S. bondholders their just due, cheating them out of about $1.5 billion in the last year or so.
Democratic Sen. Elizabeth Warren is calling for a congressional hearing to determine if corruption permeates the Federal Reserve Bank of New York.
The IRS wrote off nearly $7 billion in tax debts in cases where it said it couldn’t locate the taxpayer in 2012, but an audit released Monday found that more than half of the time the agency gave up too soon and didn’t show it had done everything needed to prove it could never get the money.
The Federal Energy Regulatory Commission has authorized Dominion Resources to build a liquefied natural gas facility in southern Maryland.