Offshore taxes may slow audits for some U.S. multinationals: IRS

WASHINGTON (Reuters) - Multinational businesses that often fight with the U.S. Internal Revenue Service over their worldwide taxes may be dropped from an IRS program meant to smooth corporate audits, a senior IRS official said on Tuesday.

Western Pennsylvania companies hit by Europe's debt crisis

As the European debt crisis that roiled the continent's economy last year threatens to drag Europe into recession, multinational businesses in Pittsburgh have had to adapt.