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Argentina’s Macri hunts missing $500 billion in tax amnesty

  Bloomberg Argentine President Mauricio Macri announced an amnesty on an estimated $500 billion of unregistered funds stashed abroad to pay pensioners and help fund a multi-billion dollar infrastructure program. The funds will pay a tax of zero percent to 15 percent depending on the amount and when they are brought back into the country, the government said in a ...

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Jawbone to sell pieces of its business, says report

  Bloomberg Jawbone Inc. is set to be a much smaller company, according to reports that it’s ending production of its fitness trackers and seeking buyers for its speaker business. The closely held company has put its speaker business up for sale, Fortune said, citing anonymous sources, in a report on its website. Later, Tech Insider reported that Jawbone has ...

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‘Real’ posts worst week since December amid political woes

  Bloomberg Brazil’s real extended its worst week since December and stocks fell as speculation the country’s political crisis will escalate dimmed expectations that Acting President Michel Temer will be able to restore confidence in Latin America’s biggest economy. The real led losses among the world’s major currencies this week after recordings released by newspapers suggested that Temer’s PMDB party ...

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