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Expanded Panama Canal to Finally Open Next Month

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Two years after Panamanian leaders planned its opening to coincide with centennial celebrations, the Panama Canal will open a third, far wider and significantly deeper set of lock chambers next month before before an audience of political dignitaries and business leaders from around the world.

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Global Tax Avoidance Crackdown May Damage Earnings

A global crackdown on tax avoidance has spurred multiple multi-national companies to issue warnings that higher payments are set to have a negative impact on their earnings. More than twice the number of U.S. companies alerted investors to the likelihood of higher taxes in their 2015 accounts than in their 2014 accounts, the Financial Times said in reporting an analysis of company filings it had recently conducted.

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