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A front-page article in Sunday’s New York Times is getting quite the buzz. A couple of things about the article. While the Times piece recognizes that there is nothing illegal about the techniques that Apple uses to minimize its taxes, it insinuates, I thought, that Apple is still doing something wrong and unfair. That would [...]

Elephant slaughtered in front of calf Thirty-five mutilated elephant carcasses were found following a single attack by poachers at the Bouba N’Djida National Park, a popular safari destination in Cameroon. A terrified young elephant was seen cowering around his mother’s corpse, the only living elephant the photographer saw in the park for a whole week. [...]

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Most members of Congress say they want tax reform that lowers the base and broadens the base. But mostly they just talk about lowering the rate–the easy part–and ignore the tough choices required to broaden the base. Worse still, they are continuously urged to move in the exact opposite direction and extend more tax benefits [...]

They won their money in Europe. But as long as you win, it’s not important where A couple from Largs in Ayrshire have been named as the winners of the £161 million Euromillions jackpot. The prize was Europes biggest ever and was capped after a series of rollovers. The huge windfall catapults them to number [...]

Major credit card issuers Capital One Financial Corp., J. P. Morgan Chase & Co. (JPM), and Barclays PLC have signed up to allow their customers to use contactless payment technology that utilizes mobile phones to make purchases. The service is known as Isis, and it will allow customers to purchase items at shops by simply [...]