EbruNews - Business

EU steps up fight against tax evasion by end 2013

Business, World -- The EU said the 27 heads of state and governments agreed at summit in Brussels Wednesday to an automatic exchange of bank information among the bloc's tax authorities to catch tax cheats.

Apple's Cook faces Senate questions on taxes

Apple's CEO is disputing assertions by a Senate panel that the company avoids billions of dollars in U.S. taxes by shifting profits to foreign affiliates.

Rome Protest Turns Up Heat On New PM Letta

Thousands of people protested in Rome on Saturday against austerity policies and high unemployment, urging new Prime Minister Enrico Letta to focus on creating jobs to help pull the country out of recession.

How serious is the financial damage in Europe?

For over 2 years now, the EU economy has faced multiple falls. We go to Paul Ames, a Senior European Correspondent for the GlobalPost, in Brussels, for more on EU economics.

Barroso: France needs credible reform plan

European Commission President Jose Manuel Barroso said on Wednesday France needed to present a credible program of structural economic reforms if the EU is to grant it two more years to bring its budget deficit down as promised.

Fitch upgrades Greece's credit rating

Debt-hobbled Greece got a new morale boost Tuesday, with Fitch ratings agency upgrading its sovereign credit grade.

G7 says Japan playing by currency rules

Japan convinced its partners in the Group of Seven leading industrial economies Saturday that it was not manipulating its currency as part of a bold attempt to get its economy out of a near two-decade period of stagnation.

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Exploring Attractions Close to Home

A day trip just a couple of hours from your home might just be the next trend this summer. Ebru's Cat Sandoval has more on Stay-cations. full story

Path to Citizenship Heads to Full Senate

One small step for the Senate. One giant leap for immigration. A 13 to 5 vote could help make possible a path to citizenship. Ebru's Tasmin Mahfuz is here with more. full story

34.8 Million Americans on Road trips

Almost 35 million people have made plans for a Memorial day getaway. But before you go anywhere, make sure you check for the lowest gas prices because as Ebru's Kyle Schmoyer points out, the prices at the pump are rising. full story

Anthony Weiner Running for NYC Mayor

Former Congressman Anthony Weiner is returning to politics. He wants to be the Mayor of New York City after a sexting scandal caused him to leave office in 2011. But does he have a chance of making such a big political comeback? Ebru's Femi Redwood is live in Midtown Manhattan with more. full story

Berlin Key Role in Lifting the EU

The eurozone is in the midst of a recession but there might be a little rainbow in Germany. The country's central bank expects the economy to improve in the second quarter-- a boost for the 17 nation EU. For more on the German recovery plan, we are joined by Sarah Harman, a journalist in Berlin. full story

Hofstra Shooting: The Effect of Split Second Decisions

A Long Island community continues to mourn after a home invasion robbery turned deadly. A police officer responded to a report of an armed suspect and accidentally shot and killed a Hofstra student who was being held hostage. Ebru's Femi Redwood is live with more. full story

New York's 6th Annual Internet Week Kicks Off

In the West Coast, tech geeks have Silicon Valley. In the East Coast, its Silicon Alley also known as New York City. From Google, Linked in to Twitter, more and more tech companies are opening offices in the Big Apple. This week its a celebration of everything tech. Cat Sandoval Reports. full story