A former actress in Texarkana, Texas, who told federal agents her husband sent ricin-laced letters to President Barack Obama and New York Mayor Michael Bloomberg was charged with mailing threatening communications.
Six weeks after a fertilizer center near West, Texas, blew up, killing 15 people, it has become clear that none of the half-dozen state and federal agencies overseeing the place regulated the safe storage of the chemical that exploded.
The investigation of a fire and explosion at a Texas fertilizer plant that killed 14 people hasn’t pinpointed the cause, which may include a faulty golf cart, the facility’s electrical system or an intentional act.
Apple Inc. avoided as much as $9.2 billion in taxes by financing part of a $55 billion stock buyback with debt rather than offshore cash that would have been billed by the U.S. government, Moody’s Investment Services estimates.
It’s good to be the chief executive officer of a company that’s about to ship 500 million diapers in a single year. For one thing, you get to drive a golf cart as fast as you want in your new 1,250,000-square-foot warehouse.
<p>We all love a good tax loophole -- as long as we're the ones benefiting. And there have been some doozies. To celebrate the 150th anniversary of the IRS on July 1, we took a stroll down memory lane to highlight some of the most egregious loopholes that have found their way into the U.S. tax code.<br><br>Investopedia defines a loophole as "a technicality that allows a person or business to avoid the scope of a law or restriction without directly violating the law. ..." The following are some of the worst or best loopholes in tax history, depending on your point of view.</p> Source: Photograph by Ulrich Mueller/Getty Images
Gerald J. Ford has something he wants to show off. He jumps into a golf cart and races toward one of the 11 barns on his lush, 1,000-acre Kentucky thoroughbred farm. He speeds past tall sycamore trees, painted lawn jockeys and manicured fields of grass glistening from the May morning dew.