The $63,000 2014 Jeep Grand Cherokee SRT is a strange creation. The interior is as nice as you’ll find on many fancy European cars. It can tow up to 7,200 pounds. It has 470 horsepower. It’s capable of speeds up to 160 miles per hour (without towing).
A congressional hearing into Apple Inc.’s use of offshore tax shelters called attention to how U.S. companies lower their taxes, and underscored the difficulty Congress confronts when trying to end the practice.
U.S. Senate scrutiny of Apple Inc.’s tax strategies turned the spotlight on a unit with $30 billion in profit since 2009 that’s incorporated in Ireland, controlled by a board in California, and doesn’t pay taxes in either place.
The discovery of contaminated water in samples from a Southern California neighborhood prompted the Indio Water Authority to provide alternative supplies to more than 115 households, the Desert Sun said, citing the utility.
Spot gasoline in San Francisco gained against futures as Tesoro Corp.’s Golden Eagle refinery returned to normal operations after a power failure and Valero Energy Corp.’s Benicia plant restored electricity to its products rack.
During President Barack Obama’s May 16 news conference, reporter Jeff Mason asked as part of his question: “And, more broadly, how do you feel about comparisons by some of your critics of this week’s scandals to those that happened under the Nixon administration?” The president responded, “I’ll let you guys engage in those comparisons, and you can go ahead and read the history, I think, and draw your own conclusions.”