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Obama to propose cut to corporate tax rate
The White House on Wednesday will announce plans for a corporate tax overhaul that would reduce the overall rate while increasing revenues by eliminating loopholes and subsidies, US media reported. The New York Times and the Wall Street Journal said the plan would reduce the overall rate from 35 percent to 28 percent…
Nokia to unveil cheaper Windows smartphone
HELSINKI (Reuters) - Nokia will next week unveil a new, cheaper smartphone using Microsoft’sWindows Phone software, targeting a wider market for its new range of smartphones, two sources close to the company said. Cheaper phones are the key for Nokia and Microsoft in their battle to win a larger share of the market, analysts…
Iran pushes on with nuclear after failed IAEA visit
Iran’s nuclear work will defiantly go on, supreme leader Ayatollah Ali Khamenei said on Wednesday, after UN inspectors left Tehran following talks that failed to lift their suspicions of atomic weapons research. “The Iranian nation has never been seeking an atomic weapon and never will be. It will prove to the world that a…
Engineer invents floating solar panels
Rays of the winter sun bounce off gleaming mirrors on the tiny lake of Colignola in Italy, where engineers have built a cost-effective prototype for floating, rotating solar panels. “You are standing on a photovoltaic floating plant which tracks the sun, it’s the first platform of its kind in the world!” said Marco…
Stem cell implants boost monkeys with Parkinson’s
Monkeys suffering from Parkinson’s disease show a marked improvement when human embryonic stem cells are implanted in their brains, in what a Japanese researcher said Wednesday was a world first. A team of scientists transplanted the stem cells into four primates that were suffering from the debilitating disease. The monkeys all had violent shaking…
Megaupload’s Kim Dotcom granted bail in N.Zealand
Megaupload boss Kim Dotcom was freed on bail in a surprise move, after a New Zealand judge dismissed fears the internet tycoon would flee the country to escape US online piracy charges. The 38-year-old German national on Wednesday said he was relieved to be released following a month in custody after New Zealand police, cooperating with…
Work to begin on U.S. African American museum
The Smithsonian breaks ground Wednesday on the last available space along the National Mall in Washington for the only national museum dedicated exclusively to Americans of African heritage. The National Museum of African American History and Culture will rise a stone’s throw from the towering obelisk that honors George Washington, the slave-owning first president of the United States. Barack…
Republicans set for debate clash in knife-edge race
Struggling Republican hopeful Mitt Romney faces a crunch TV debate Wednesday as he fights to regain his White House pole position after a surge by Christian conservative Rick Santorum. Romney’s future hangs in the balance, as in a week’s time he could either be restored as the frontrunner in the Republican presidential race…
High oil prices test U.S. economy, Obama
A jump in gasoline prices is threatening to smother the flickering flames of the US economic recovery and with them President Barack Obama’s hopes of retaining the White House. Groggy but still standing after a four-year slog through recession, the US economy has — just about — weathered shocks from Japan’s earthquake and tsunami,…
Unions call protest as Greece works on bailout laws
Greece braced for fresh protests on Wednesday as officials began setting up necessary legislation tied to a unprecedented eurozone bailout and debt swap needed to secure the deal. European stock markets fell and the euro weakened as questions over the agreed rescue still lingered with a senior EU official suggesting…
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- Climate activist tells Moyers: ‘We want Walmart to be subservient to human interests’
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Commentary
On Memorial Day, it’s time to make sure our veterans suffering from burn pit diseases get the care they need
By Nora Eisenberg
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Sexual harasser learns same old excuses don’t work anymore
By Amanda Marcotte
The real problem with 'check your privilege': It’s too generous
By Amanda Marcotte
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