The U.S. Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15% — below the 21% minimum it has been seeking to impose on the foreign profits of U.S.-based companies.

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Recall expenses chopped $1.5 billion from General Motors' bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes.

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BV Financial Inc., of Baltimore, the parent company of Bay-Vanguard Federal Savings Bank, reported net income of $212,000, or 7 cents per diluted share, for its fiscal third quarter ended March 31, 2014, compared to net income of $149,000, or 6 cents per diluted share, for the year-ago period.

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Under Armour Inc. is looking to pick up speed in the running community, after running products led its footwear category in the first quarter.

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LOS ANGELES — The creator of “The Walking Dead” is suing AMC over what he claims is an effort to deny him tens of millions of dollars in profit from the hit drama. Oscar-nominated writer-director Frank Darabont (“The Shawshank Redemption,” ...

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NEW YORK — The Dow Jones industrial average is punching through another milestone: its first close above 15,000. The Dow rose 87 points to 15,056 points Tuesday, a gain of 0.6 percent. It was another milestone in the market’s epic ...

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WASHINGTON — Profits at U.S. banks jumped almost 37 percent for the October-December period, reaching the highest level for a fourth quarter in six years as banks continued to step up lending. The figures are fresh evidence of the industry’s ...

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Jos. A. Bank Clothiers Inc. reported an 11.2 percent drop in net income during its fiscal third quarter, and analysts said the numbers reveal possible trouble brewing for the Hampstead-based men’s apparel company.

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NEWARK, N.J. — A Bristol-Myers Squibb executive has been charged with insider trading. The U.S. attorney’s office in Newark, N.J., says Robert Ramnarine bought and sold stock in companies that his pharmaceutical firm was considering buying. As director and later ...

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On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won’t reflect its true profit, because the company hides some of it with an ...

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