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Report: U.S. companies keeping $166 billion in offshore tax shelters

US companies are keeping more of their profits offshore, choosing overseas tax havens amid talk in Washington about closing corporate tax loopholes, The Wall Street Journal reported Monday. The business newspaper said its analysis of 60 big American companies had found that they had collectively parked a total of $166…

Ingraham turns ‘dove’ and rips Wall Street Journal for beating ‘war drums’

Conservative radio host Laura Ingraham — who once accused opponents of the Iraq invasion of trying to “subvert America” — is now blasting the The Wall Street Journal for beating the “war drums” because the editorial board expressed support for President Barack Obama’s use of drones. Fox News host Chris…

FDA panel pushing for new limits on access to Vicodin

Citing concern over increasing reports of addiction and overdoses, a Food and Drug Administration safety panel has recommended new restrictions on access to the commonly-used painkiller Vicodin and other products. The Wall Street Journal reported on Friday that the panel voted 19-10 to suggest that Vicodin and other products containing…

Pentagon prepares plans for ‘up to 9,000 troops in Afghanistan’ after 2014

The US Defense Department has prepared plans for a smaller presence in Afghanistan after the White House insisted on examining the option of leaving fewer troops in the country after 2014 than was initially proposed, The Wall Street Journal reported. The newspaper said the plans now prepared by the Pentagon…

New Delhi on lockdown after violent gang-rape riots

India’s Prime Minister Manmohan Singh called for calm on Monday after a weekend of riots left large swaths of New Delhi on police lockdown and all public transportation at a standstill. According to the Wall Street Journal, men and women filled the streets on Saturday and Sunday calling for harsher…

Washington Post newspaper to erect ‘paywall’: report

The Washington Post, one of the last top US newspapers to offer its content free of charge online, will likely begin collecting fees next year, a report said Thursday. The Post is planning to roll out a “metered paywall,” meaning the subscription cost will kick in after readers access a…

Obama administration aims to keep 10,000 troops in Afghanistan

The administration of President Barack Obama aims to keep around 10,000 US troops in Afghanistan after formal combat operations in that country end in 2014, The Wall Street Journal reported late Sunday. Citing unnamed senior US officials, the newspaper said the plan was in line with recommendations presented by General…

Wall Street Journal accused of concealing writers’ Mitt Romney links

Veteran journalists attack Murdoch paper for failure to disclose writers’ political sympathies The Wall Street Journal has been criticised by senior US journalists for failing to disclose that 10 of its op-ed writers are Mitt Romney advisers. According to an inquiry by Media Matters, 23 pieces in the WSJ’s op-ed…

Scientists: ’93 percent’ of Fox News climate change coverage is ‘staggeringly misleading’

When it comes to reporting on what scientists say about climate change, the Union of Concerned Scientists told Raw Story that their research shows Fox News can be counted upon to mislead its viewers. In a study (PDF) published Monday, the group takes Fox News and The Wall Street Journal‘s…

GOP platform will call for ‘considering’ a return to the gold standard

This year’s Republican party platform will include a proposal to “consider the feasibility” of a return to the gold standard, the Financial Times reported Thursday. According to The Wall Street Journal, early drafts of the platform, set to be adopted during the party’s national convention next week in Florida, include…

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