WASHINGTON (Reuters) – The U.S. Internal Revenue Service said on Thursday it had resumed processing individual and business tax returns at about 5 p.m. EST on Thursday after a system outage.

(Reuters) – Australian Atlassian Corp PLC reported a 44.7 percent increase in quarterly revenue as more customers purchased its software that help companies collaborate and manage their operations.

President Obama plans a tax of $10 (£6.85) on every barrel of oil from US producers to help fund green transportation projects.

SAN FRANCISCO (Reuters) – GoPro’s fall from grace has created a rush by traders to short the camera maker’s stock, but they may soon face a squeeze as institutional shareholders sell their shares after six months of declines.

TOKYO (Reuters) – Sharp Corp has chosen Taiwan’s Foxconn as its preferred bidder in takeover talks, sources with knowledge of the decision said, paving the way for the biggest acquisition by a foreign company in Japan’s insulated technology sector.

Several companies were hit by hours of system warnings after 15 GPS satellites broadcast the wrong time, according to time-monitoring company Chronos.