News roundup: Apple's CEO faces Senate today to talk tax strategy … U.S. bank mergers seem less likely with sellers holding out … Forum sheds light on natural gas exports
Beneath the skin: A Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world's most valuable company says it is complying with the laws and pays "an extraordinary amount" in taxes to the U.S.
DATE: May 21, 2013 | CATEGORY: Daily Report
"The Holy Grail of tax avoidance"
(From The Los Angeles Times) Apple Inc., one of the most successful and valuable companies on the planet, will be tested Tuesday when Chief Executive Tim Cook testifies about the company's controversial tax practices before a hostile Senate...
DATE: May 21, 2013 | CATEGORY: News
Unobstructed
(From The Houston Chronicle) A federal judge Monday threw out an obstruction of Congress charge against a former BP executive who had been accused of lying about the amount of oil that was flowing after the 2010 Gulf of Mexico oil spill.
DATE: May 21, 2013 | CATEGORY: News
Andrews: Big changes coming to HUD
HUD offices across the nation will be closed Friday as part of a program to reduce costs through unpaid furloughs. The closure means the offices will be shuttered for four days through the Memorial Day weekend, so anyone with time critical issues...
DATE: May 21, 2013 | CATEGORY: Real Estate Weekly
Under assault
(From The New York Times) Three months after hackers working for a cyberunit of China’s People’s Liberation Army went silent amid evidence that they had stolen data from scores of American companies and government agencies, they...
DATE: May 21, 2013 | CATEGORY: News
News roundup: Danos to build new headquarters in Gray … Adams and Reese expanding to South Carolina … Cohn Turner officially becomes Perlis store
Making plans: Danos & Curole Marine Contractors has selected a site in Gray, La., to build a new $10 million corporate headquarters, company officials and Gov. Bobby Jindal announced today. In addition, Danos announced it is...
DATE: May 21, 2013 | CATEGORY: Daily Report
Shifting tobacco funds to TOPS incites debate
The Jindal administration and Treasurer John Kennedy are again at odds, this time on the topic of whether to refinance outstanding tobacco settlement bonds to benefit the TOPS program. Commissioner of Administration Kristy Nichols sent out a press...
DATE: May 21, 2013 | CATEGORY: Daily Report
Word on the street
(From The New York Times) The wheels of justice move slowly sometimes, but not, apparently, as slowly as Webster’s New World Dictionary.
DATE: May 21, 2013 | CATEGORY: News
Areas with Most Commuters Reap Benefits and Costs
DATE: May 21, 2013 | CATEGORY: News
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