Business

Internal Revenue Service said on Tuesday that the Bitcoin is not legal tender and it should be declared to be subject under property tax codes, the Los Angeles Times had said.

Bloomberg said two complaints filed by customers in San Francisco and Alabama claimed that General Motors Co still has ignition key defects in Chevrolet Cobalts and other cars build through 2010.

According to experts of the Patient Protection and Affordable Care Act, the US government's failure of putting in a provision that forces states to create federal insurance marketplaces for people who cannot afford healthcare insurance could unravel President Barack Obama's pet legislation.