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First quarter sales in 2014 fell 11% at Simon & Schuster, to $153 million, but operating income rose to $11 million from $10 million in the first quarter of 2013, parent company CBS reported. -snip- And then there is the new Hillary Clinton book due out in the middle of June. "It's a great book," Reidy said, adding that she hopes Hard Choices will drive consumers into stores. Perhaps with the promotion planned for the Clinton book on her mind, Reidy said she is sure marketing costs, and sales, will be higher for the rest of the year than in...

WASHINGTON — As part of his emerging program to jolt the economic recovery from its stall, President Obama will call this week for allowing businesses to deduct from their taxes through 2011 the full value of new equipment purchase, from computers to utility generators, to increase demand for goods and create jobs. The upfront deduction would allow businesses of all sizes to keep more money now and would give large corporations, many of which are sitting on cash because of uncertainty about the economy, an incentive to spend and invest.

The rescue has failed: it's time to fess up, reboot and start again Last Updated: 9:40AM GMT 18 Jan 2009 Comments 16 | Comment on this article It's official. Government policy isn't working. As bank shares collapse amid renewed carnage on global markets, we now know the worst isn't over. This crisis just entered a whole new phase. Gordon Brown's "rescue plan" lies in tatters. Perhaps now the Prime Minister – and his counterparts across the Western world – will do what needs to be done. Regular readers know what's coming next. I've been writing the same thing for months....

PARIS — Major economic powers agreed in principle to write off billions of dollars of debt for Iraq, officials said Sunday, with France in particular agreeing to compromise as it seeks improved ties with the United States. The deal was reached at the Paris Club of creditor nations after overnight discussions that stretched into the early hours Sunday, said a well-placed official who spoke to The Associated Press on condition of anonymity.

Lawmakers are looking to trim tax break for small business owners to $25,000 from $100,000. October 7, 2004: 1:14 PM EDT WASHINGTON (Reuters) - Congressional negotiators closed a controversial tax loophole on Wednesday that allowed small business owners to write-off the full cost of the biggest and most expensive sport utility vehicles. The auto deduction is part of a long-standing tax provision covering depreciation of business expenses. It was originally intended for farmers and construction workers who need heavy duty vehicles to haul goods and materials. Lawmakers expanded the popular write-off from $25,000 to $100,000 last year and lifted depreciation...

SYDNEY (Reuters) - An Australian court has given a convicted heroin dealer the all-clear to write off $118,800 in stolen drug money from his tax bill. The Federal Court ruled that as jailed felon Francesco Dominico La Rosa had earned his taxable income through selling drugs, he was likewise entitled to deduct from his taxes expenses incurred as part of his criminal endeavours. Perth resident La Rosa was jailed for 12 years in 1996 for importing and selling heroin. As soon as he was behind bars, Australia's meticulous tax authorities pounced and presented him with a $243,000 tax bill based...