White House unveils corporate tax changes to fix 'unfair' system Calling the system unfair, the Obama administration on Wednesday proposed a broad overhaul of the corporate tax code designed to reduce the rate that most companies pay by axing dozens of breaks designed for specific industries, particularly oil and gas production.
Health plans get mixed reviews in annual California report card California’s annual report card on many of the state’s HMOs and other health insurance plans gave most of those rated high marks for customer satisfaction but said they need to improve treatment for lung disease, attention-deficit disorder and throat infections in children.
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Amazon pulls 5,000 titles from Chicago distributor Amazon.com has pulled 5,000 of its Kindle electronic book titles distributed by Chicago-based Independent Publishers Group (IPG) after a dispute in terms, IPG confirmed Wednesday.
Walgreen Co., others form nationwide network The Deerfield-based pharmacy chain and some independent drugstores are pushing to give pharmacists a chance to work more with patients.
In Germany, a Limp Domestic Economy Stifled by Regulation Working on Sunday is still taboo in most places in Germany, though florists and bakers are typically allowed to stay open a few hours. Above, the Zimmermann bakery in Cologne.
Obama Introduces Plan to Cut Corporate Tax Rate President Obama walking with Valerie Jarrett, a senior adviser to the president, and Jacob Lew, the White House chief of staff, on Wednesday. President Obama wants to give preference to manufacturers by setting their maximum effective rate at 25 percent.
T-Mobile Files Request to Block Verizon’s Planned Spectrum Deal In its filing, T-Mobile, the No. 4 cellphone carrier, told the F.C.C. that Verizon’s acquisition with cable companies would place an “excessive concentration” of wireless spectrum in Verizon’s hands.
Judge tosses another claim in Madoff case In another blow to the trustee in the Bernard Madoff case, a federal judge threw out a $20 billion lawsuit attempting to recover more of the stolen funds.
Mitt Romney's plan to cut your taxes In a switch to a more aggressive tax plan, Mitt Romney said Wednesday that he now favors cutting marginal tax rates for individuals by 20%.
Greek plan could mean exile from investors
<p>The private debt relief plan negotiated for Greece might make it impossible for the nation to borrow money for years to come and leave the country dependent for that much longer on its neighbors or the International Monetary Fund, the IMF warns in an analysis of the new...
Obama proposes lowering corporate tax rate to 28 percent
<p>President Obama proposed a major overhaul of the nationâs corporate tax code on Wednesday, an election-year gambit that aims to draw a contrast over a key policy issue with the Republicans vying to replace him.</p>
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High-frequency trading raises concerns at SEC
<p>The chairman of the <a href="http://www.washingtonpost.com/business/economy/for-sec-investigating-insider-trading-in-congress-presents-complications/2012/02/10/gIQAVzOB5Q_story.html">Securities and Exchange Commission</a> is worried about the rise ...
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