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IRS to review whistleblower program for speed, quality
Jun 22nd, 2012
NEW YORK (Reuters) - The Internal Revenue Service is planning a "comprehensive review" of its embattled whistleblower program to improve the speed and quality of its decisions, an agency official said in a June 20 memorandum. The IRS will work with "internal and external shareholders" to produce a set of expectations to speed up the evaluation and payment of whistleblower claims, IRS Deputy Commissioner Steven Miller wrote in a memorandum posted on the agency's website, first reported by Bloomberg News. ... (Source: Reuters) -
LOS ANGELES (Reuters) - Rapper Dr. Dre and music mogul Jimmy Iovine have donated $70 million to establish an entrepreneurial undergraduate program at the University of Southern California, the Los Angeles school said on Wednesday. The gift will create a new degree pulling faculty members from the university's business, fine arts, music and eng... [Full Article]
WASHINGTON (Reuters) - The phony tweet from the Associated Press' hacked Twitter account, which sparked a short-lived panic in the stock market a week ago by saying that President Barack Obama was injured in two explosions at the White House, underscored the need to look at regulating automated trading, the top U.S. derivatives regulator said ... [Full Article]
HUSBY, Sweden (AP) - Sweden has long been a bastion of generous social welfare and an egalitarian political culture. So many people were shocked when scores of youths hurled rocks at police and set cars ablaze during rioting in several largely immigrant areas near Stockholm this week. (Source: Associated Press)... [Full Article]
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