Posted Tue, 21 May 2013 12:35:18 -0400by CAIRO (AP) — Egypt's president has signed a new tax law that cuts the amount paid by poorer Egyptians while increasing taxes on small and medium-sized businesses.
Posted Tue, 21 May 2013 14:30:30 -0400by By John Whitesides and Kim Dixon WASHINGTON (Reuters) - Top Internal Revenue Service officials told Congress on Tuesday they were unaware of the agency's targeting of conservative groups for extra tax scrutiny until recently and did not deliberately mislead lawmakers last year when they did not reveal the practice. Exasperated senators questioned the truthfulness of former IRS Commissioner Douglas Shulman, who led the agency from 2008 to 2012, and outgoing acting IRS chief Steven Miller. Republican Senator Orrin Hatch of Utah accused Miller of a "lie by omission. ...
Posted Tue, 21 May 2013 10:21:53 -0400by MOORE, Okla. (AP) — Emergency crews combed the sticks and rubble remains of an Oklahoma City suburb Tuesday morning less than a day after a massive tornado slammed through the community, flattening homes and demolishing an elementary school. At least 24 people were killed, including at least seven children, and those numbers were expected to climb.
Posted Tue, 21 May 2013 09:27:32 -0400by DETROIT (AP) — Eminem's song publisher is suing Facebook and an ad agency, saying they copied music from one of the rapper's songs.
Posted Tue, 21 May 2013 16:42:39 -0400by WASHINGTON (AP) — The former head of the Internal Revenue Service said he first learned in the spring of 2012 — in the heat of the presidential campaign — that agents had improperly targeted political groups that vehemently opposed President Barack Obama's policies.
Posted Tue, 21 May 2013 16:39:14 -0400by NEW YORK (AP) — Microsoft is the last of the three big video game console makers to unveil its latest gaming system. Tuesday's unveiling comes nearly eight years after the Xbox 360 went on sale. It follows last fall's debut of Nintendo's Wii U and a preview in February of the upcoming PlayStation 4 from Sony.
Posted Tue, 21 May 2013 16:38:52 -0400by CINCINNATI (AP) — Tea party activists waving flags and signs, singing patriotic songs and chanting anti-IRS slogans held rallies outside federal buildings across the country Tuesday to protest the agency's extra scrutiny of conservative groups.
Posted Tue, 21 May 2013 16:37:56 -0400by LONDON (AP) — A first edition copy of "Harry Potter and the Philosopher's Stone" that contains author J.K. Rowling's notes and original illustrations has sold for 150,000 pounds ($228,000) at a London auction.
Posted Tue, 21 May 2013 16:37:40 -0400by MOORE, Oklahoma (Reuters) - The damage from Monday's tornado in a suburb of Oklahoma City is likely to exceed that caused by the 2011 twister in Joplin, Missouri, that killed 158 people, Oklahoma Insurance Commissioner John Doak said. In an interview with Reuters after touring the area, Doak said that losses were likely to be greater than in the Joplin storm, which he said caused about $3 billion in damage. "This will likely exceed that," Doak said. The insured losses from Joplin exceeded $2 billion and are expected to rise as claims are settled. ...
Posted Tue, 21 May 2013 10:21:53 -0400by MOORE, Okla. (AP) — Emergency crews combed the sticks and rubble remains of an Oklahoma City suburb Tuesday morning less than a day after a massive tornado slammed through the community, flattening homes and demolishing an elementary school. At least 24 people were killed, including at least seven children, and those numbers were expected to climb.
Posted Tue, 21 May 2013 09:27:32 -0400by DETROIT (AP) — Eminem's song publisher is suing Facebook and an ad agency, saying they copied music from one of the rapper's songs.
Posted Tue, 21 May 2013 09:17:54 -0400by DUBLIN (Reuters) - Ireland does not have a deal with Apple Inc or any other company to tax their profits at a special 2 percent rate instead of the normal 12.5 percent, Ireland's European Affairs minister told Reuters on Tuesday. Ireland has been defending its corporate tax rate after the U.S. Senate said on Monday that Apple paid little or no tax on tens of billions of dollars in profits in Irish subsidiaries and that Dublin had handed the company a favorable rate. ...
Posted Tue, 21 May 2013 16:42:39 -0400by WASHINGTON (AP) — The former head of the Internal Revenue Service said he first learned in the spring of 2012 — in the heat of the presidential campaign — that agents had improperly targeted political groups that vehemently opposed President Barack Obama's policies.
Posted Tue, 21 May 2013 16:39:14 -0400by NEW YORK (AP) — Microsoft is the last of the three big video game console makers to unveil its latest gaming system. Tuesday's unveiling comes nearly eight years after the Xbox 360 went on sale. It follows last fall's debut of Nintendo's Wii U and a preview in February of the upcoming PlayStation 4 from Sony.
Posted Tue, 21 May 2013 16:38:52 -0400by CINCINNATI (AP) — Tea party activists waving flags and signs, singing patriotic songs and chanting anti-IRS slogans held rallies outside federal buildings across the country Tuesday to protest the agency's extra scrutiny of conservative groups.
LONDON (AP) — A first edition copy of "Harry Potter and the Philosopher's Stone" that contains author J.K. Rowling's notes and original illustrations has sold for 150,000 pounds ($228,000) at a London auction.
MOORE, Oklahoma (Reuters) - The damage from Monday's tornado in a suburb of Oklahoma City is likely to exceed that caused by the 2011 twister in Joplin, Missouri, that killed 158 people, Oklahoma Insurance Commissioner John Doak said. In an interview with Reuters after touring the area, Doak said that losses were likely to be greater than in the Joplin storm, which he said caused about $3 billion in damage. "This will likely exceed that," Doak said. The insured losses from Joplin exceeded $2 billion and are expected to rise as claims are settled. ...
NEW HAVEN, Conn. (AP) — After a nearly four-hour commute Tuesday morning, Orlando Cordero was thrilled to hear train service was returning to normal as workers were finishing repair to tracks damaged by last week's train collision in Bridgeport.
RIYADH, Saudi Arabia (AP) — Saudi Arabia on Tuesday executed five Yemenis convicted of crimes and displayed their bodies in public as a deterrent for future criminals, the government said.