Business
Italian icons find no respite from tax man
Sophia Loren wore green silk and sunglasses for her date with the taxman, Luciano Pavarotti a suit and sneakers. Diego Maradona gave up his diamond stud earring to pay off a tax debt. Some of Italy's most well-heeled residents have come under the glare of successive governments who have declared ...
Dolce and Gabbana convicted of tax evasion
A Milan court on Wednesday convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion. They were found guilty of failing to declare 200 million euros ($268 million) through a Luxembourg company to authorities and given a one year and eight months suspended jail sentence. They were ordered to ...
Study: Wiser medication use could cut health costs
If doctors and patients used prescription drugs more wisely, they could save the U.S. health care system at least $213 billion a year, by reducing medication overuse, underuse and other flaws in care that cause complications and longer, more-expensive treatments, researchers conclude. The new findings by the IMS Institute for ...
Netflix cuts original TV deal with DreamWorks
Netflix said Monday that it would offer new TV shows from DreamWorks Animation starting in 2014 in what the company described as its biggest transaction ever for original first-run content. Though financial details were not disclosed, Netflix Inc. said the agreement includes more than 300 hours of new TV episodes ...
Pa. McDonald's franchise sued over payroll cards
A single mother who worked briefly at a northeastern Pennsylvania McDonald's franchise is suing the owners after she said she was given a fee-laden debit card and told that she must use it to access her earnings. A lawyer filed a lawsuit Thursday in Luzerne County on behalf of Natalie ...
'Man of Steel' takes flight with $125M debut
"Man of Steel" leaped over box office expectations in a single weekend. The Warner Bros. superhero film earned $113 million in its opening weekend at the box office, according to studio estimates Sunday. The retelling of Superman's backstory earned an additional $12 million from Thursday screenings, bringing its domestic total ...
Investor in Grand Canyon Skywalk dies at 51
A Las Vegas businessman who developed the Grand Canyon Skywalk glass bridge in northwestern Arizona and later became entangled in legal battles about it has died in Los Angeles, a company representative said Friday. David Jin died Thursday at UCLA Medical Center after a four-year battle with cancer, Grand Canyon ...
Whole Foods revises employee language policy
Facing threats of national boycotts from Latino groups and a slew of online petitions, Whole Foods announced Friday that the organic grocery chain has revised its employee language policy following the suspension of two Spanish-speaking Albuquerque employees. Whole Foods Market Inc. Co-CEO Walter Robb said in a blog post Friday ...
'Happy Birthday to You' copyright suit filed in NY
A production company making a documentary about the song "Happy Birthday to You" is challenging the copyright to the famous jingle. Good Morning To You Productions Corp., which is working on a film tentatively titled "Happy Birthday," argues in a lawsuit filed Thursday that the song should be "dedicated to ...
NYC debates crackdown on counterfeit luxury goods
Bargain hunters from around the world flock to Manhattan's Chinatown for bags, jewelry and other accessories bursting onto sidewalks from storefronts along Canal Street. Among the goods are luxury items labeled "Prada" or "Louis Vuitton" or some other luxury brand — counterfeits sold for a pittance. In some cases, handbags ...
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