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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…

Google bypassed Apple privacy settings: report

Google and other online advertisers bypassed the privacy settings of an Apple web browser on iPhones and computers in order to survey millions of users, the Wall Street Journal reported Friday. The Journal said the companies used a special code that tricks Apple’s Safari software into letting them monitor the…

U.S. may issue record fine to Massey Energy for accident: report

(Reuters) – Federal regulators are expected to issue the largest fine ever to a U.S. mining company in connection with the Massey Energy accident last year that killed 29 coal miners in West Virginia, the Wall Street Journal said, citing two people briefed on the matter. The Mine Safety and…

Fox contributor: ‘Occupy Wall Street’ protesters are uneducated, potentially violent

Fox News is continuing to make fun of the Occupy Wall Street protesters. On America Live Monday morning, host Martha MacCallum asked The Wall Street Journal‘s Stephen Moore his opinions on certain protesters explaining why they were down there. Suffice to say, Moore was not in solidarity with the movement.…

Blackwater looking to return to Iraq

Four years after Blackwater’s license to operate in Iraq was revoked over the killing of 17 Iraqis, Xe Services LLC — the company formerly known as Blackwater — wants to return to the country. In an interview published Thursday, Xe President and Chief Executive Ted Wright told The Wall Street…

French firm helped Gaddafi spy on rebels: report

A subisidiary of French IT firm Bull helped Moamer Gaddafi’s regime spy on the emails and chat messages of opponents of the fallen Libyan strongman, a report said Tuesday. Amesys, which on its website describes itself as “a key player in the field of security and critical systems at national…

Securities and Exchange Commission to check S&P’s math on downgrade

The US Securities and Exchange Commission has launched a probe into the process by which Standard & Poor’s downgraded the US credit rating, the Wall Street Journal reported. US officials lashed out at S&P after it docked the country’s credit rating from AAA to AA+, accusing the agency of committing…

US in rush to sell off GM stake: report

NEW YORK — The United States plans to sell off much of its remaining shares in General Motors this summer despite the lackluster performance of the company’s stock, the Wall Street Journal has reported. The newspaper said the sale within the next six months would “almost certainly” mean that US…

Exclusive: I ‘wined and dined’ NYT and WSJ for favorable coverage, health insurance whistleblower says

“It was so easy for me to get my way” A former health insurance insider turned whistleblower says that he was not only surprised at how “easy” it was to manipulate members of the news media over the years, but also reveals that he routinely “wined and dined” reporters from…

Study: US media redefined torture after US started practicing it

The US news media radically changed how it reported on the issue of waterboarding after it emerged that US forces had used the practice, says a new study from Harvard University. The study also found a double standard when defining waterboarding, with news sources commonly referring to waterboarding as “torture”…

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