What We're Reading: Business Beat

See what business reporter Ilya Marritz has on his reading list this morning.

  • Major U.S. corporations increased their untaxed, offshore holdings last year, says Bloomberg News.

  • Five years after filing suit, residents of Stuy Town in Manhattan are close to a settlement with Met Life over what they claim was illegal rent deregulation, according to Crain's New York Business.
  • Olympia Snowe tells the Washington Post why she's leaving the Senate: "I do not believe that, in the near term, the Senate can correct itself from within. It is by nature a political entity and, therefore, there must be a benefit to working across the aisle."