How Apple Avoids Taxes Through R&D Spending
Written by MIT Technology ReviewIn Washington, CEO Tim Cook defended Apple’s R&D cost sharing arrangements.
Apple CEO Tim Cook came under fire in Washington today at a U.S. Senate hearing focused on the elaborate strategies Apple used to avoid paying tens of billions of dollars in corporate taxes.
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Upgraded robot vision will be just one of the uses for the new version of Microsoft’s gesture control camera.
Microsoft announced a new version of its Xbox games console today, the Xbox One, and with it an improved and essentially reinvented version of Kinect, the company’s body- and gesture-control...
Non-exempt Exempt IRAs and Undercompensated Chapter 7 Trustees
Written by Bob LawlessSome chapter 7 trustees have found a problem that could affect thousands of IRAs, leading to the first post in a two-post series on unintended consequences. A better reading of the law is that these IRAs should remain exempt from the bankruptcy process. Cases are wending their way through the court system, and until the courts resolve the issues,
Cummins: Driving Profits With Cleaner Engines
Written by Barron's Most Emailed TodayCleaning up truck engines to meet increasingly stringent emissions standards is a dirty business. Yet Cummins, which invested the time and money to do so when many competitors did not, is reaping its rewards around the globe. Cummins' (
...The American economy grinds to a halt when energy prices rise. Americans watch the posted prices at their neighborhood gas stations the way they ought to watch their politicians. The politicians promise energy independence as the key to economic revival. Many Americans seem to believe that nothing could be more advantageous than cheap energy.
But
...RPT-UPDATE 2-KKR selling remaining stake in Seven West Media
Written by Reuters: Company NewsPinpoint predictions are a long way off, but taking into account daily odds might help make the public more alert.
The devastation in Moore, Oklahoma, shows the limits of sensing, modeling and warning technologies. While some technologies promise somewhat more-accurate hurricane tracks and thus...