Credit Suisse helped clients hide billions from IRS - Senate report

A Senate panel led by Carl Levin (left) and John McCain released a report alleging Credit Suisse helped clients hide assets from IRS and blasting officials for not acting aggressively. WASHINGTON (CNNMoney) The Swiss banking giant, which is under...

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How Mt.Gox went down

NEW YORK (CNNMoney) The shutdown of Mt.Gox -- one of the world's largest bitcoin exchanges -- and the potential loss of more than $350 million worth of bitcoins is the result of abysmal mismanagement at the company. By its own account, Mt.Gox collected...

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Apple fixes security flaw for Macs

Apple issued a security fix for Macs four days after hole was patched for mobile devices. NEW YORK (CNNMoney) The software update patches a security hole in OS X, the operating system for Apple computers. It comes four days after the same bug...

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Will Obama's pledge get the unemployed back to work?

NEW YORK (CNNMoney) But actually hire them? Their pledge doesn't go quite that far. On Friday, the White House unveiled a pact signed by 300 companies that have agreed to implement new best practices intended to stamp out discrimination against...

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Detroit reaches deal on retiree health care

Protestors oppose cuts to healthcare coverage for city of Detroit retirees. NEW YORK (CNNMoney) "We're happy we're able to reach any agreement short of protracted litigation," Nowling said. "Things are starting to move in the bankruptcy case...

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What Americans think about Obama's myRA plan

NEW YORK (CNNMoney) But not everyone thinks the new plans are a great deal. The accounts, which will launch in a pilot program later this year and will eventually be available to any worker who gets paid through direct deposit and earns below a certain...

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