A Tiny Oil Platform, One Big Mystery

A small oil facility off the coast of Africa appears to be sending lots of crude to Europe, raising questions by Nigerian and U.S. authorities about whether some of it is pilfered Nigerian crude.



from WSJ.com: US Business http://ift.tt/1ACDJd3

via IFTTT

Inversions Push Falls to Treasury's Tax Man

Mark J. Mazur, the Obama administration's point man in the effort to deter U.S. companies from restructuring overseas to avoid taxes, is a career government economist known for his loosened neckties, Pez dispensers and sweeping grasp of the U.S. tax code.



from WSJ.com: US Business http://ift.tt/1mrd36H

via IFTTT

Intuit Loss Widens on Higher Expenses

Intuit reported that its fiscal fourth-quarter loss more than doubled as higher expenses more than offset an increase in revenue.



from WSJ.com: US Business http://ift.tt/1BHmusu

via IFTTT

Private-Equity Firms Pursue Buyout of American Tire

A handful of private-equity firms are vying to buy American Tire Distributors Holdings Inc. in an auction that could fetch more than $3 billion, according to people familiar with the matter.



from WSJ.com: US Business http://ift.tt/1oSKhkR

via IFTTT

DEA Restricts Narcotic Pain Drug Prescriptions

The Obama administration moved to restrict prescriptions of the most commonly used narcotic painkillers in the U.S., with the DEA saying it would put hydrocodone combination drugs in the category reserved for medical substances with the highest potential for harm.



from WSJ.com: US Business http://ift.tt/1tpMjsd

via IFTTT

Crumbs Bake Shop Cancels Auction, Seeks Sale to Investors

A bid by television personality Marcus Lemonis and Dippin' Dots owner Fischer Enterprises to relaunch the closed Crumbs Bake Shop moved closer to reality this week after a deadline to trump the pair's $6.5 million offer came and went with no other takers emerging.



from WSJ.com: US Business http://ift.tt/1tpMh3C

via IFTTT

Mexico Curbs Junk-Food Ads

Mexican authorities are restricting food marketing to children on television and in movie theaters, part of an attack plan against rising health problems as Mexicans get fatter.



from WSJ.com: US Business http://ift.tt/1s5Fvy8

via IFTTT