Apple was criticized in a Senate committee hearing Tuesday for using complex accounting to minimize the corporate taxes it pays. One key piece of the company's tax strategy: It funnels lots of its profits through subsidiaries in Ireland.
Offering low corporate tax rates has been a fundamental part of Ireland's economic strategy for decades — a way to get foreign companies to set up operations in the country.
U.S. Secretary of State John Kerry heads back to Israel and the West Bank on Thursday for more talks on restarting peace negotiations between Israelis and Palestinians. When he was there last month, he walked away with at least one agreement — to improve the West Bank economy. Here's how he put it as he left Israel:
It's exactly the sort of futuristic thinking you'd expect from Google and NASA: Late last week, the organizations announced a partnership to build a Quantum Artificial Intelligence Lab at NASA's Ames Research Center.
If you have a savings account you probably already know this: Your money there is losing value to inflation. Yields are so low that returns are not even keeping up with the cost of living.
I've been watching some of my own savings dwindle. And that prompted me to take up a challenge: I'm taking $5,000 from personal savings and putting it to work. I'm not a financial whiz, pundit or any kind of guru.
Airs Thursday, May 23 at 8 p.m. Tucked between Togo to the west and Nigeria on the east, the West African nation of Benin is one of the smallest on the continent, yet it has produced one of Africa's finest contemporary musicians. During the Spring of 2011, we premiered a special production featuring guitarist Lionel Loueke in a seven-piece ensemble under the direction of Robert Sadin. Working together, Sadin and Loueke crafted an extraordinary hour-long set built around original compositions and an array of stunning instrumentalists: Sadin conducted cellist Vincent Segal, violinist Mark Feldman, multi-reed and wind player Charles Pillow, along with Walter Blanding on bass clarinet, percussionists Cyro Baptista and Thioko Diagne, while Loueke sang and played guitar.
The most unforgiving criticism in sport is directed at any athlete who fans believe is celebrated too excessively above his true talent level — especially those stars who are gloried because they're such pretty people.
Airs Tuesday, May 21 at 9 p.m. A classic male singer, Kurt Elling has an old-school vibe to everything from his mannered stage banter to his declamatory, full-chested delivery. But he isn't afraid to write brainy, twisty lyrics over an obscure jazz number, or take a pop song back to the drawing board. He can do a lot with his voice, you see, and the band featuring long-time collaborator Laurence Hobgood, a pianist, helps to set the stage. Also joining him on stage are guitarist John McLean, bassist Clark Sommers and drummer Kendrick Scott. Set List: