IRS watchdog flags 4.1 million training conference with luxury rooms
A government watchdog finds the IRS spent 4.1 million on an Anaheim training conference with luxury hotel upgrades and free drinks for 132 officials. The report notes higher room costs, a 135 daily rate, and potential rate negotiations lost, amid longer-running IRS targeting controversy involving conservative groups during 2010 2012 elections.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
Ures
Congress
IRS
Anaheim
Calif
J. Russell George
Treasury Inspector General For Tax Administration
George
Agency
Danny Werfel
Werfel
Barack Obama
Cincinnati
Priceline's international dominance drives earnings and growth
Priceline operates Booking.com and other sites, with about 82 percent of bookings from international brands. In May the company posted a 34 percent rise in first quarter earnings, but CEO Jeffery Boyd warned of ongoing economic uncertainty and fierce online travel competition. Priceline stock rose 11 percent in the past month as shareholders applauded a buyback plan up to 1 billion dollars and continued outperformance versus the market.
MENTIONED IN THIS ARTICLE
Priceline.com
U.S
Booking.com
Priceline
Com
Pany
Jeffery Boyd
New York AG sues HSBC for delayed foreclosure settlements
New York Attorney General Eric Schneiderman sues HSBC Bank USA and HSBC Mortgage Corp alleging failure to trigger court supervised foreclosure settlement conferences within 60 days as required by state law. He cites about 25,000 delayed cases and seeks waivers of late charges. HSBC contends it will comply.
MENTIONED IN THIS ARTICLE
Albany
New York
Hsbc Bank USA
Hsbc Mortgage Corp
Eric Schneiderman
HSBC
Schneiderman
Chrysler refuses U.S. recall request for Jeep fuel tank risk
Chrysler Group LLC defies a government call to recall about 2.7 million Grand Cherokees 1993 through 2004 and Libertys 2002 through 2007 due to possible fuel tank fire risk in rear-end crashes. NHTSA cannot force a recall without a court order, though data shows an unreasonable safety risk. The agency began the probe in August 2010 at the Center for Auto Safety's request.
MENTIONED IN THIS ARTICLE
Chrysler
Detroit
Tomer
NHTSA
David Strickland
Strickland
Center For Auto Safety
Washington, D.C
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