NC appeals court upholds tax bill for Wal-Mart (AP)
AP - The state Court of Appeals ruled Tuesday against Wal-Mart Stores Inc. and its efforts to get a $33 million tax refund, upholding a trial judge’s ruling that found a complex corporate structure was used primarily to avoid corporate income taxes.
Mixed US housing construction data hints at recovery (AFP)
AFP - US housing construction starts and permits slumped to fresh lows in April, government data showed Tuesday, but analysts saw a ray of hope in a rebound in the key single-family home sector.
