Ken Sweet

AP Business Writer

In this April 13, 2014 file photo, the Internal Revenue Service Headquarters (IRS) building is seen in Washington. More than 50 of the largest U.S. companies paid nothing in federal income taxes last year, even though they reported big pretax profits as a group. That's according to the Institute on Taxation and Economic Policy, a group that believes the tax system needs to raise more revenue.

Despite Profits, Many Big Companies Pay Zero US Tax

More than 50 of the largest U.S. companies paid nothing in federal income taxes last year, with many getting rebates.

East Side Pockets, a small restaurant near Brown University, in Providence, R.I., March 25, 2020.

Businesses Face 'Absolute Chaos' in Rescue Funds

Thousands of owners are in their second week of waiting for their money.

In this April 3, 2020, file photo, the seats and aisles are empty as seen through the window of the closed Penndot Drivers License Center in Butler, Pa.

Small Businesses Waiting on Money

Many companies are in a holding pattern.

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Paper Money Shunned Over Virus Spread Fears

Cash is no longer king.

In this June 14, 2018, file photo, Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. For years, Tesla’s board remained almost invisible, staying behind the curtain as Musk guided the electric car maker to huge stock price increases. Now, given Musk’s recent questionable behavior, experts say it’s time for the board to step onstage and take action on the company’s leadership.

Tesla Board May Have Too Many Ties to Musk

For years, Tesla's board remained almost invisible.

Alleged Bitcoin Creator Hit with $5B Lawsuit

He may have backdated contracts to transfer ownership and IP.

Apple CEO Tim Cook.

CEOs Look to Bring Together Workers

Some are using it as an opportunity to stress their companies' values and mission, or as an opportunity to make nice with Trump, who many CEOs were publicly against during the campaign.