Business Highlights: Pandora Papers, Facebook outage – AP News

___‘Pandora Papers’ bring renewed calls for tax haven scrutinyWASHINGTON (AP) — Calls are growing for an end to the financial secrecy and shell companies that have allowed many of the world’s richest and most powerful people to hide their wealth from tax collectors. The outcry came after a report published Sunday revealed the way that world leaders, billionaires and others have used offshore accounts to keep trillions of dollars out of government treasuries over the past quarter-century, limiting the resources for helping the poor or combating climate change. The report is being dubbed the “Pandora Papers.” Many of the tax dodges are legal, and analysts say one solution is to ban shell companies that help investors avoid paying taxes.___Facebook, WhatsApp, Instagram suffer worldwide outageSAN FRANCISCO (AP) Facebook and its Instagram and WhatsApp platforms have suffered a worldwide outage. The company says it is aware that some people are having trouble accessing the Facebook app and that it is working on restoring access. The company did not say what might be causing the outage, which began around 11:45 ET. Facebook is going through a major crisis after the whistleblower who was the source of The Wall Street Journal’s series of stories…
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