• European Union Competition Commissioner Margrethe Vestager speaks during a media conference at EU headquarters in Brussels on Tuesday, Aug. 30, 2016. The European Union says Ireland has given illegal tax benefits to Apple Inc. and must now recover the unpaid back taxes from the U.S. technology company, plus interest. (AP Photo/Virginia Mayo)

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

    SAN FRANCISCO (AP) — The European Union ordered Apple on Tuesday to pay nearly $15 billion in back taxes to Ireland, plus billions more in interest, in a move that dramatically escalates the fight over whether America’s biggest corporations are paying their fair share around the world.

  • This Thursday, Oct. 2, 2014, file photo, shows the facade of the New York Stock Exchange. Global stock markets mostly rose on Tuesday, Aug. 30, 2016, as investors weighed the possibility and timing of another U.S. interest rate increase this year. (AP Photo/Richard Drew, File)

    US stocks are mostly lower as investors wait for jobs report

    NEW YORK (AP) — Stocks fell slightly on Tuesday in another quiet day on Wall Street as hesitant investors remained on the sidelines as a slow summer winds down.

  • Demonstrators hold a banner that reads in Portuguese; "Temer out, the people decide" during a protest against Brazil's acting President Michel Temer, in Sao Paulo, Brazil, Tuesday, Aug. 30, 2016.  The lead prosecutor in the trial to oust Brazil's first female president said Tuesday that Rousseff had committed "fraud" in her accounting practices, then came to tears saying she hopes the leader forgives her for causing her to suffer. (AP Photo/Andre Penner)

    Brazil’s Rousseff defends self ahead of Senate’s ouster vote

    BRASILIA, Brazil (AP) — Senators deciding whether to oust President Dilma Rousseff headed into a long night of debate Tuesday, with so many wanting to speak that the judge presiding over the impeachment trial put off the final vote until Wednesday.

  • A Friday, Aug. 5, 2016 photo shows land in West Jordan, Utah, that may be purchased by FaceBook for a data center. The race between the small town of Los Lunas in New Mexico and the Salt Lake City suburb of West Jordan to entice a new Facebook data center with millions in tax breaks and subsidies is raising questions about public investments in a booming cloud-computing economy that typically brings few local jobs. (Scott G Winterton/Deseret News via AP)

    Race for Facebook data center raises tax-break questions

    SALT LAKE CITY (AP) — 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.

  • Suspended Brazilian President Dilma Rousseff reacts during her impeachment trial at the Federal Senate in Brasilia, Brazil, Monday, Aug. 29, 2016. Rousseff's scheduled appearance during her impeachment trial is the culmination of a fight going back to late last year, when opponents in Congress presented a measure seeking to remove her from office. Her accusers say she hurt the economy with budget manipulations; she argues she did nothing wrong and is being targeted by corrupt lawmakers. (AP Photo/Eraldo Peres)

    Brazil’s Rousseff to address Senate in trial over her future

    BRASILIA, Brazil (AP) — In a 14-hour session that was less electric than expected, Brazil’s suspended president proclaimed her innocence at her impeachment trial Monday, branding her vice president a “usurper,” calling the drive to oust her a “coup” and warning senators that history will judge them harshly if they oust a democratically elected leader on false charges.

  • In this Feb. 12, 2015 file photo, the Port of Los Angeles, with some cargo loading cranes in the upright and idle position, are seen in this view from the San Pedro area of Los Angeles. In this angry election year, many American voters are skeptical about free trade, or hostile to it. The backlash threatens a pillar of U.S. policy: The United States has long sought global trade. Economists say imports cut prices for consumers and make the U.S. more efficient. (AP Photo/Nick Ut, File)

    WHY IT MATTERS: Issues at stake in election

    WASHINGTON (AP) — A selection of issues at stake in the presidential election and their impact on Americans, in brief:

  • In this Nov. 21, 2013, file photo, with the Empire State building in the background, the Macy's logo is illuminated on the front of the department store in New York. It turns out there’s a wealth gap among companies, just like among people. Of the $1.8 trillion in cash that’s sitting in U.S. corporate accounts, half of it belongs to just 25 of the 2,000 companies tracked by S&P Global Ratings.  In March 2016, S&P cut its ratings on Macy's to BBB, two notches above junk, as competition from internet retailers continues to dig into the department store chain's sales. (AP Photo/Mark Lennihan, File)

    The hidden risk to the economy in corporate balance sheets

    NEW YORK (AP) — America has a debt problem, but it’s not what you think.

  • Utah jumps back into race to attract Facebook data center

    SALT LAKE CITY (AP) — A Salt Lake City suburb vying against a New Mexico town to attract a Facebook data center said Wednesday it’s restarting negotiations with the company a day after the deal broke down over a contentious $240 million tax-break package.

  • Sen. Reid wants Raiders in Vegas; mum on public financing

    RENO, Nev. (AP) — Sen. Harry Reid says he’s a big fan of efforts to lure the NFL’s Raiders to Las Vegas but is keeping mum on whether he thinks taxpayers should help foot the bill for a new football stadium.