Obama Picks OMB Chief to Run Embattled IRS by The Associated Press May 17th 2013 6:46AM President Obama picked a senior White House budget expert Thursday to become the acting head of the IRS, the same day another top official announced plans to leave the agency.
Groupon Co-CEO Ted Leonsis: We Can Be a $100 Billion Company by Business Insider May 16th 2013 4:40PM Groupon co-CEOs Eric Lefkofsky and Ted Leonsis have some interesting visions for the future of their daily deals company.
Powerball Jackpot Leaps to $550M by The Associated Press May 16th 2013 2:46PM The Powerball jackpot has jumped to $550 million, a major climb less than a day after the latest drawing produced no winning ticket.
CEO Pay Rises Modestly, Still Dwarfs Workers' by DailyFinance Staff May 16th 2013 12:10PM A survey of major companies says CEO pay rose just 3.6% from the year before, not all that much different than the 2.3% pay hike given to the average worker. And yet...
S&P Downgrades Berkshire Hathaway Rating by The Associated Press May 16th 2013 10:00AM Standard & Poor's cut a major rating for Warren Buffett's Berkshire Hathaway, saying the move better reflects the company's dependence on its core insurance operations.
Facebook IPO Scammers Arrested by DailyFinance Staff May 16th 2013 8:45AM Federal officials in New Jersey have charged three men with scamming an investor in New Zealand into paying $3 million for Facebook shares he never received.
Congress Divided Over Federal Food-Stamp Program by The Associated Press May 16th 2013 6:53AM House and Senate committees have laid the groundwork this week for reducing the size of the federal food stamp program, approving farm bills that would shrink food aid.
IRS Official Resigns, But Investigations Won't End by The Associated Press May 16th 2013 6:04AM The acting commissioner for the IRS, Steven Miller, has resigned, but don't look for the outcry over the agency's improper targeting of tea party groups to subside.
