U.S. Sen. Dick Durbin, D-Ill., talks to Walgreens clerk Estella Washington as he shops after a news conference Wednesday, Aug. 6, 2014, in Chicago. Durbin praised Walgreen, the nation's largest ...

People are also reading… That’s not to say the Treasury’s rules won’t have an effect. Shares of companies pursuing inversions fell sharply on Monday as investors figured that the deals would become ...

In September 2014 Treasury took its first stab at stopping the wave of inversions that some argued was stripping the U.S. corporate base. It issued a finely turned notice targeting the ability of ...

The Treasury Department's warning to corporate America about reincorporating in another country is being ignored, said Tim Larson of Marcum LLP. "The action last fall by Treasury really acted as ...

Drug companies and medical device makers are making multi-billion-dollar merger deals to avoid high U.S. corporate taxes. How do so-called "inversion deals" work? WSJ's Jason Bellini has The Short ...