Apple was criticized in a Senate hearing Tuesday for using a complex accounting to minimize the corporate taxes it pays. One key piece of the company's tax strategy: It funnels lots of its profits through subsidiaries in Ireland.

Offering low corporate tax rates has been a fundamental part of Ireland's economic strategy for decades — a way to get foreign companies to set up operations in the country.

If you have a savings account you probably already know this: Your money there is losing value to inflation. Yields are so low that returns are not even keeping up with the cost of living.

I've been watching some of my own savings dwindle. And that prompted me to take up a challenge: I'm taking $5,000 from personal savings and putting it to work. I'm not a financial whiz, pundit or any kind of guru.

The most unforgiving criticism in sport is directed at any athlete who fans believe is celebrated too excessively above his true talent level — especially those stars who are gloried because they're such pretty people.

The Obama administration’s new secretary of energy says his top priorities are responding to climate change, safely managing the nation’s nuclear stockpile and fostering scientific research. Ernest Moniz made the comments at his swearing-in ceremony Tuesday.

He also mentioned the need to clean up the nation’s Cold War legacy waste. That would include work at the Hanford Nuclear Reservation in southeast Washington, “Including attention to the communities and workforce as we go into a somewhat uncertain future again, especially in terms of the budget environment.”

Iran's powerful Guardian Council has disqualified two key candidates — a former president and a top aide to the current president — from running in the June 14 presidential election.

The Guardian Council, which vets all candidates, approved eight names Tuesday but left out former President Akbar Hashemi Rafsanjani and Esfandiar Rahim Mashaei, who was handpicked by President Mahmoud Ahmadinejad.

Mashaei said he would appeal the decision to the country's supreme leader; Rafsanjani did not comment.