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EU orders Apple to pay up to 13B euros in back taxes

John-Thor Dahlburg and Shawn Pogatchnik, Associated Press  |  Posted  Aug 30th - 8:10am

Apple will have to pay up to 13 billion euros ($14.5 billion) plus interest in back taxes to Ireland after the European Union found Tuesday that the U.S. technology giant had paid next to no tax across the bloc's 28 countries for over 11 years.

US home prices rise in June at slowest pace in 10 months

Christopher S. Rugaber, Associated Press  |  Posted  Aug 30th - 8:00am

U.S. home prices rose modestly in June, pushed up by strong sales and a limited supply of available properties.

Markets Right Now: A mixed open for stocks on Wall Street

The Associated Press  |  Posted  Aug 30th - 7:50am

The latest on developments in global financial markets (all times local):

The Latest: US criticizes EU ruling on Apple as 'unfair'

The Associated Press  |  Posted  Aug 30th - 7:50am

The Latest on the European Union's decision that Apple must pay billions in back taxes (all times local):

Shop sells shirts to raise $40K for fallen officer's family

The Associated Press  |  Posted  Aug 30th - 7:40am

A Tennessee sporting goods store has raised $40,000 by selling thousands of T-shirts to benefit the family of a fallen police officer.

The Latest: Small plane pulled from Louisiana lake

The Associated Press  |  Posted  Aug 30th - 7:40am

The Latest on New Orleans plane crash (all times local):

Uganda grants 8 oil production licenses to Total, Tullow

Rodney Muhumuza, Associated Press  |  Posted  Aug 30th - 7:30am

Uganda's government on Tuesday issued eight oil production licenses to two foreign companies, moving the East African country closer to becoming a producer of crude.

Blaze erupts at Gap Inc. distribution center in New York

The Associated Press  |  Posted  Aug 30th - 7:10am

A massive blaze that ripped through a Gap Inc. distribution center in New York has been largely extinguished.

Race for Facebook data center raises tax-break questions

Lindsay Whitehurst and Morgan Lee, Associated Press  |  Posted  Aug 30th - 7:08am

The race between a small town on the Rio Grande in New Mexico and a Salt Lake City suburb to entice a new Facebook data center with millions of dollars in tax breaks and subsidies is raising questions about public investments in a booming cloud-computing economy that typically brings few local jobs.

High-rise tower being built in Abu Dhabi catches fire

The Associated Press  |  Posted  Aug 30th - 7:02am

Firefighters in Abu Dhabi are battling a blaze that broke out in a high-rise building under construction in the capital of the United Arab Emirates.

In bid against corruption, Greece to ax TV licenses

Derek Gatopoulos, Associated Press  |  Posted  Aug 30th - 6:50am

Greece's left-wing government launched an auction Tuesday for four private national television licenses, reducing the number from seven after a heated public debate on corruption in the financially troubled country.

Under Armour warehouse to employ 1,000 at steel mill site

The Associated Press  |  Posted  Aug 30th - 6:40am

Under Armour is planning to open a distribution warehouse at the site of a former steel mill east of Baltimore.

North Carolina warily watching 2 tropical weather systems

Ben Finley and Jonathan Drew, Associated Press  |  Posted  Aug 30th - 6:20am

A tropical weather system off the coast of North Carolina's Outer Banks is expected to strengthen in the next day, bringing winds up to 45 mph and heavy rains that could flood low-lying areas, officials said.

Global stocks rise as investors weigh future of US rates

Yuri Kageyama, Associated Press  |  Posted  Aug 30th - 6:00am

Global stock markets mostly rose on Tuesday as investors weighed the possibility and timing of another U.S. interest rate increase this year.

Nightclub where man was killed gives up liquor license

The Associated Press  |  Posted  Aug 30th - 5:10am

State officials say the Virginia Beach nightclub where a man was fatally shot during an event hosted by rapper Young Jeezy has given up its liquor license.

Egypt parliament agrees to introduce value-added tax

The Associated Press  |  Posted  Aug 30th - 5:01am

Egypt's parliament has agreed to establish a value-added tax of 13 percent, in a move authorities hope will generate much-needed state revenue and advance a reform program supported by loans from the International Monetary Fund.

France wants halt to 'imbalanced' EU-US trade deal talks

The Associated Press  |  Posted  Aug 30th - 4:50am

The French government wants the European Union to end talks with the U.S. on forging a sweeping trade deal that it sees as too friendly to U.S. businesses.

Montenegrin police use pepper spray on protesting ex-workers

The Associated Press  |  Posted  Aug 30th - 4:30am

Montenegrin police have used pepper spray to stop laid-off employees of an aluminum smelter from storming the parliament building.

Poland investigates massive download of personal data

The Associated Press  |  Posted  Aug 30th - 4:10am

Prosecutors and other state security officials in Poland are investigating unprecedented massive night downloading by bailiffs of personal data of some 1.4 million Poles.

EU: Ireland must recover up to 13 billion euros in illegal tax benefits from Apple

The Associated Press  |  Posted  Aug 30th - 4:00am

EU: Ireland must recover up to 13 billion euros in illegal tax benefits from Apple.