Some refunds delayed as IRS battle against fraud intensifies and other top stories.

• Some refunds delayed as IRS battle against fraud intensifies

  

  By Carole Feldman, The Associated Press The Internal Revenue Service’s battle against fraud and identity theft is intensifying as the tax filing season opens, and some of the neediest taxpayers are getting caught in the middle. The agency is barred from issuing refunds before Feb. 15 on any returns claiming the Earned Income Tax Credit or the Additional Child Tax Credit. Congress mandated the delay to give the IRS more time to review returns to try to catch fraudulent ones before refunds are pai..

  >> view original



• Wal-Mart starting layoffs at home; retailer's cuts hit in Bentonville - Northwest Arkansas Democrat

  

  Wal-Mart Stores Inc. has started laying off employees at the corporate level, following up on previously revealed plans to eliminate positions to help control costs and improve efficiency. Multiple sources confirmed a round of cuts took place Friday at the company's home office in Bentonville. Wal-Mart did not confirm the exact number of layoffs or affected departments, but the company expects to eliminate about 1,000 corporate positions nationwide before the end of the retailer's fiscal year o..

  >> view original



• Chief of Taiwan's Foxconn says rise of protectionism unavoidable

  TAIPEI, Jan 22 (Reuters) - The head of Foxconn, the world's largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable. Terry Gou, chairman of Foxconn, formally known as Hon Hai Precision Industry Co, warned that uncertainties for this year make it tough to have a very clear analysis and outlook, but he said it was clear politics would underpin economic development. His remarks came after U.S. President Donald T..

  >> view original



• What Trump's first executive action on mortgage premium cuts means for you

  

  16168 28 Share This Story!Let friends in your social network know what you are reading aboutWhat Trump’s first executive action on mortgage premium cuts means for youPresident Donald Trump blocked an Obama administration policy Friday that would have reduced the cost of mortgages for millions of home buyers. Sent!A link has been sent to your friend's email address.Posted!A link has been post..

  >> view original



• Wall Street Week Ahead: Optimism among S&P 500 CEOs as Trump takes power

  

  By Noel RandewichSAN FRANCISCO (Reuters) - U.S. President Donald Trump's administration is only hours old, but already a small parade of S&P 500 companies' chiefs have voiced optimism that his promised tax cuts, stimulus spending and deregulation will boost corporate profits.In the days ahead of Friday's inauguration, senior executives from Morgan Stanley (MS.N), Delta Air Lines (DAL.N) and other major U.S. corporations said the Trump White House has already sparked a brighter outlook for busine..

  >> view original



• Uber Pays $20 Million To Settle Claims of Driver Deception

  

  TOP OF THE NEWS   JANUARY 22, 2017 APPLE/MAC Apple Sued To Block Texting & Driving Suit seeks safety feature on devices.

  >> view original



• Don't expect dramatic policy changes in Trump's first year

  

  President-elect Donald Trump waits to step out onto the portico for his Presidential Inauguration at the U.S. Capitol in Washington, Friday, Jan. 20, 2017. AP Photo/Patrick Semansky With the inauguration of the 45th president imminent and the market’s high expectations for policymaking, what is realistic for investors to expect from Washington in 2017? We think the bottom line is that governing is harder than campaigning. Many of the items that President-elect Trump..

  >> view original

SpiceJet plots expansion with order for 100 new Boeing planes .	New Video Pits iPhone Click Wheel Prototype Against Scott Forstall's Icon-Based iPhone Prototype .
Needle Exchange Programs Help HIV But Move Too Slowly, CDC Says .	8-year-old transgender boy ousted from N.J. Cub Scouts group .