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To keep corporations here, fix the tax code
The report of Apple avoiding corporate income taxes the past four years signals it's time to overhaul the U.S. corporate tax code. Like many multinationals with strong intellectual property, Apple legally earns nearly all of its income offshore. The U....
Tags: Warren Buffett, U.S. Congress, Migration, Credit Ratings, Personal Income
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Nigeria's NNPC and Exxon unit to tap bond market by 2016
ReutersABUJA/GENEVA, May 23 (Reuters) - Nigeria's state oil company and a subsidiary of Exxon Mobil plan to tap the bond market by 2016 to fill a funding shortfall in their oil exploration joint venture, the companies said. Exxon and the Nigerian National...Tags: Companies and Corporations, Joint Ventures, Finance, Economy, Business and Finance, Financial Markets
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U.S. Midwest gasoline prices expected to cool after spike
ReutersBy Sabina Zawadzki May 22 (Reuters) - Gasoline prices in the U.S. Midwest should fall in the coming days after hitting record highs in several cities last week in the run up to Memorial Day, the traditional start to the summer driving season, traders and...Tags: Memorial Day, Joliet, Gasoline Industry, New York Mercantile Exchange, Petroleum Industry
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Apple,former Washington wallflower, now at center of tax fight
ReutersBy Andy Sullivan, Gabriel Debenedetti and Poornima Gupta WASHINGTON, May 22 (Reuters) - For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker has taken the lead, perhaps...Tags: Apple iPhone, Lobbying, Justice System, Federal Communications Commission, U.S. Congress
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Apple, former Washington wallflower, now at center of tax fight
ReutersBy Andy Sullivan, Gabriel Debenedetti and Poornima Gupta WASHINGTON (Reuters) - For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker has taken the lead, perhaps...Tags: Lobbying, Justice System, Federal Communications Commission, U.S. Congress, George W. Bush
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Indonesia energy regulator trims 2014 oil target -media
ReutersJAKARTA, May 23 (Reuters) - Indonesia's energy regulator says the country's oil production target next year is too optimistic, and wants it scaled back between roughly 4 percent and 8 percent, domestic media reported on Thursday. The former OPEC member...Tags: Energy Resources, Jakarta (Indonesia), Chevron Corportion, Indonesia, Petroleum Industry
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Rosenthal: Jamie Dimon survives a scare
Back when Jamie Dimon still lived in Chicago, before he had ascended to the top of New York-based JPMorgan Chase, his Gold Coast home earned a reputation each Halloween as a must-visit destination, drawing trick-or-treaters from well beyond the...
Tags: Finance, Elections, Museum of Natural History, Annual and Special Corporate Meetings, Corporate Officers
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Indonesia re-arrests Chevron exec amid tension with Big Oil
ReutersBy Fergus Jensen JAKARTA, May 22 (Reuters) - Authorities have bypassed a court order and re-arrested an executive at Chevron Corp's Indonesian unit in a graft case that highlights growing tension with big oil companies in a country struggling to...Tags: Justice System, Judges, Chevron Corportion, Elan Corporation Plc, Prosecution
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News media confidential sources are often what expose government wrongdoing
It took courage for more than a dozen Allentown police officers to divulge what they felt was wrongdoing by their chief, who they said threatened "retribution" on anyone who did so. It also took solid assurances that the chief would never find out who...
Tags: NAACP, Internal Revenue Service, U.S. Congress, Bethlehem (Northampton, Pennsylvania), U.S. Supreme Court
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Japan's TonenGeneral halts 2 CDUs ahead of scrapping
ReutersTOKYO, May 21 (Reuters) - TonenGeneral Sekiyu KK, Japan's second-biggest oil refiner, said it did not operate two of its six crude distillation units (CDUs) in January-March ahead of the company's plans to scrap the units by next March. The company did...Tags: Japan
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U.S. Supreme Court declines to hear Alaska climate change case
ReutersBy Lawrence Hurley WASHINGTON, May 20 (Reuters) - The U.S. Supreme Court on Monday declined to hear an Alaskan village's claim that it should be able to sue oil companies and utilities for damages attributed to climate change. Lawyers for the village of...Tags: Ecosystems, Washington, DC, Environmental Issues, Justice System, Conservation
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Supreme Court declines to hear Alaska climate change case
ReutersWASHINGTON (Reuters) - The Supreme Court on Monday declined to hear an Alaskan village's claim that it should be able to sue oil companies and utilities for damages attributed to climate change. Lawyers for the village of Kivalina wanted various named...Tags: Ecosystems, Washington, DC, Conservation, Justice System, Environmental Issues
May 23, 2013
|Story| Baltimore Sun
May 23, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Column| Chicago Tribune
May 22, 2013
|Story| Reuters
May 21, 2013
|Column| Allentown Morning Call
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
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